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Although Namibia is a middle-income country (MIC), it has the highest measured income disparity in the world: some parts of the country experience extreme poverty on par with conditions in its poorer neighbouring countries such as Malawi and Mozambique. Namibia’s economy is tied closely to South Africa’s due to their shared history. Its largest economic sectors are mining, agriculture, manufacturing and tourism. Namibia has a high unemployment rate estimated to be 51.2% in 2008. More than a quarter of the population lives below the international poverty line of USD 1.25 a day.