According to Simonis Storm, Namibia’s GDP per capita has dropped by about 8.3% during the first quarter continuing a trend that started in 2016. On average, all Namibians are poorer now than they were in 2015. The wealth management firm said though that it compared a Covid-19 economy with the pre-Covid-19 economy. The Namibian Sun newspaper reports that Simonis Storm pointed out that it is clear that economic growth alone is not sufficient to improve the standard of living.