NamRA Surpasses Expectations: N$61.1 Billion Collected Towards 2025/26 Revenue Goal

Namibia Revenue Agency (NamRA) collected N$61.06 billion by 31 December 2025 towards its N$88.999 billion revenue target for the 2025/26 financial year, according to data released by the Agency. NamRA said domestic taxes accounted for N$41.63 billion of the total, while customs and excise contributed N$19.43 billion, underscoring the continued reliance on internal revenue sources to support the national fiscus. By comparison, cumulative revenue collections for the 2023/24 financial year stood at N$76.52 billion by March 2024, comprising N$48.72 billion from domestic taxes and N$27.80 billion from customs and excise. Collections rose further in the 2024/25 financial year, reaching N$88.56 billion by March 2025, with domestic taxes increasing to N$56.49 billion and customs and excise to N$32.06 billion, according to the Agency. NamRA said its workforce stood at 1,507 employees as of 12 January 2026, including 1,418 permanent staff, 19 employees on contract or internship, and 67 seconded staff, while recruitment for three positions remained under way. The tax base also continued to expand, with 1,150,405 taxpayers registered in Namibia by 31 December 2025. Of these, 1,055,978 were active taxpayers, while 633,879 had registered on the ITAS portal over the same period. The Agency said Namibia collected a total of N$275.86 billion in tax revenue over the past four financial years, with collections increasing steadily during the period. Total tax revenue rose from N$52.96 billion in the 2021/22 financial year to N$88.56 billion in 2024/25, reflecting improved economic activity, stronger compliance and higher collections from key tax categories, including individual income tax, corporate tax, value added tax (VAT) and international trade receipts, NamRA said.