Namibia is currently in the research phase. On LinkedIn, the Bank of Namibia issued a call for public consultation and input on CBDCs to help determine whether to issue a CBDC. The accompanying report explained that the Bank of Namibia was primarily interested in CBDC because other central banks were looking into the idea and because of the possibility of improving financial inclusion.

A full analysis of the CBDC developments in Namibia and Namibia’s treatment of civil liberties is forthcoming.

In the meantime, for additional information on concerns regarding violations of human rights and civil liberties, see the following reports by Amnesty International, Financial Tyranny Index, Freedom House, Human Rights Watch, Privacy International, and the U.S. Department of State. For additional information on concerns regarding the risks of CBDCs, see the following webpage and report by the Cato Institute: The Risks of CBDCs and Central Bank Digital Currency: Assessing the Risks and Dispelling the Myths.

For additional information regarding metrics, the methodology page explains each of the data points and provides their respective sources.