Namibia GDP Annual Growth Rate: 3.1% (2024)

GROSS DOMESTIC PRODUCT (ANNUAL RATE OF GROWTH)

Real GDP in Namibia is estimated to be $12 Billion US dollars at the end of 2024.

The economy of Namibia has grown at an average annual growth rate of 4.0% in the last four years and is ranked the 35th largest economy in Africa, ahead of Congo, Rep..

World Economics Rates Namibia's Offical GDP Data as Grade C

GDP Annual Growth Rate: Namibia


Source: World Bank, World Economics
0 0 0 Namibia|#FE1800|0.97144950015074, -0.39809074411238, -1.82345037490559, -0.236891525045252, 0.464171261803401, 4.76726966632828, 3.55376914117605, 0.813148942821115, 1.85867496230729, 2.04745993989432, 8.1656125026278, 7.18934252280525, -1.57953915916903, 1.72987948847074, 3.8990142211043, 3.19132430111469, 4.22010030384476, 3.29158562064818, 3.36927842445498, 3.49218336365178, 1.17794869467917, 4.7886612188211, 4.23979429582137, 12.2695481036769, 2.52926265819022, 7.07317531845826, 5.37404415167634, 2.64981203780268, 0.295970914001089, 6.03924947955858, 5.09133813864338, 5.0616820696264, 5.61471962254485, 6.09251915977956, 4.26417453763675, 0.0337944502063294, -1.02724808856709, 1.05993949860752, -0.839152163419356, -8.10140201443319, 3.60382919248703, 5.34966408559102, 4.159985754998, 3.07 1981, 1982, 1983, 1984, 1985, 1986, 1987, 1988, 1989, 1990, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024,








 





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Economic Indicators: Namibia 2021 2022 2023 2024
GDP Annual Growth Rate (%) 3.6 5.3 4.2 3.1
GDP per Capita Annual Growth Rate (%) 0.6 2.5 1.6 2.3
Real GDP (US$ Billions, 2010) 11 11 12 12
Real GDP per Capita (US$, 2010) 3,810 3,904 3,965 4,058
Current GDP (Billions, US$) 12 13 12 13
Current GDP per Capita (US$) 4,413 4,349 4,168 4,266
Real GDP PPP (Billions, 2017) 27 30 31 31
Real GDP per Capita PPP (int$ 2017) 8,936 9,041 9,170 9,730
Data Quality Rating for Namibia See how much you can trust Namibia's GDP Data




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