According to the most recent data from the Namibia Statistics Agency, the average monthly pension for a Namibian pensioner is N$2,890. This figure has remained relatively stable over the past few years, despite inflationary pressures. For many Namibian pensioners, their pension is their only source of income, so it is important to make sure that it is enough to cover their basic needs.
The average earnings of a pensioner in Namibia
The average Namibian pensioner earns $1,000 per month, which is a relatively low amount compared to other countries in the world. However, Namibia’s cost of living is also relatively low, so pensioners are able to live relatively comfortably on their pensions. Additionally, many Namibian pensioners also receive support from family members, which helps to supplement their income. Overall, Namibian pensioners are able to live relatively comfortable lives on their pensions, despite the low amount they earn each month.