{"id":422420,"date":"2011-05-11T11:33:29","date_gmt":"2011-05-11T11:33:29","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/05\/11\/less-than-10-percent-of-citizens-are-middle-class\/"},"modified":"2011-05-11T11:33:29","modified_gmt":"2011-05-11T11:33:29","slug":"less-than-10-percent-of-citizens-are-middle-class","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/05\/11\/less-than-10-percent-of-citizens-are-middle-class\/","title":{"rendered":"Less Than 10 Percent of Citizens Are Middle Class"},"content":{"rendered":"
\n
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\"The<\/a><\/p>\n

Jo-Mar\u00c9 Duddy<\/p>\n

11 May 2011<\/p>\n

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ONLY 9,1 per cent of Namibia’s population falls into its middle class, living on between US$4 and US$20 a day, according to a study released by the African Development Bank (AfDB).<\/p>\n

Converted by yesterday’s exchange rate, these nearly 200 000 Namibians get by on between N$27 and N$134 a day.<\/p>\n

The size of Namibia’s middle class is ranked 25th, under the top bottom of the 44 African countries reviewed by the AfDB. Its report, ‘The Middle of the Pyramid: Dynamics of the Middle Class in Africa’, was released at the World Economic Forum on Africa last week.<\/p>\n

Top of the list is Tunisia with 45,6 per cent of its population, while Lesotho is a the bottom – just 1,9 per cent of the country’s population falls into its middle class.<\/p>\n

Namibia only outshone Zambia, with 5,6 per cent, as far as its reviewed neighbours are concerned.<\/p>\n

South Africa and Botswana, with 19,8 per cent and 29,3 per cent respectively, fared significantly better, as did Angola with 13,2 per cent.<\/p>\n

The AfDB split the middle-class into two: the lower-middle class, living on between US$4 and US$10 per day, and the upper-middle class with between US$10 and US$20 per day.<\/p>\n

About 3,8 per cent of Namibia’s population falls into the lower-middle class, surviving on between N$27 and N$67 a day. The upper class, with between NS67 and N$134 daily, represents 5,3 per cent of the people.<\/p>\n

According to the AfDB, 51,9 per cent of Namibians are poor, with 43,75 per cent having to make do with less US$1,25, or about N$8,40, per day.<\/p>\n

The AfDB said some 61 per cent of Africa’s population fall below the US$2 poverty line, and 44 per cent below the US$1,25 poverty line.<\/p>\n

“Access to employment and income generating opportunities could help such households to move up into the lower-middle class levels,” the bank said.<\/p>\n

<\/p>\n

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\nLess Than 10 Percent of Citizens Are Middle Class<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Jo-Mar\u00c9 Duddy 11 May 2011 ONLY 9,1 per cent of Namibia’s population falls into its middle class, living on between US$4 and US$20 a day, according to a study released by the African Development Bank (AfDB). Converted by yesterday’s exchange rate, these nearly 200 000 Namibians get by on between N$27 and N$134 a day. The size of Namibia’s middle class is ranked 25th, under the top bottom of the 44 African countries reviewed by the AfDB. <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-422420","post","type-post","status-publish","format-standard"],"yoast_head":"\nLess Than 10 Percent of Citizens Are Middle Class - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/05\/11\/less-than-10-percent-of-citizens-are-middle-class\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Less Than 10 Percent of Citizens Are Middle Class - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"Jo-Mar\u00c9 Duddy 11 May 2011 ONLY 9,1 per cent of Namibia's population falls into its middle class, living on between US$4 and US$20 a day, according to a study released by the African Development Bank (AfDB). 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