Markets Actual Q3 Q4 Q1 Q2 2020
Stock Market (points) 1353.56 1355 1335 1314 1294 1255
Currency 13.93 14.26 14.45 14.64 14.83 15.21
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.62 1 2.1 -0.3 -0.3 1.8
GDP Annual Growth Rate (%) -2.00 0.4 0.3 0.8 1.4 1.9
Inflation Rate (%) 3.90 4.1 4.5 4.7 5 5
Interest Rate (%) 6.75 6.75 6.5 6.5 6.5 6.5
Balance of Trade (NAD Million) -2695.80 -4200 -2660 -4950 -5150 -3600
Current Account to GDP (%) -2.10 -2 -2 -1.9 -1.9 -1.9
Government Debt to GDP (%) 45.10 49 49 51 51 51
Government Budget (% of GDP) -4.40 -4.1 -4.1 -3.5 -3.5 -3.5
Corporate Tax Rate (%) 32.00 32 32 32 32 32
Personal Income Tax Rate (%) 37.00 37 37 37 37 37
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.62 1 2.1 -0.3 -0.3 1.8
GDP Annual Growth Rate (%) -2.00 0.4 0.3 0.8 1.4 1.9
GDP (USD Billion) 14.52 15 15 16 16 16
GDP Constant Prices (NAD Million) 27026.00 27592 27553 27635 27242 27939
Gross National Product (NAD Million) 180548.92 174710 182354 182896 181993 184907
Gross Fixed Capital Formation (NAD Million) 19971.00 23274 23378 23448 20131 23706
GDP per capita (USD) 6073.20 6200 6200 6400 6400 6400
GDP per capita PPP (USD) 9897.63 10150 9509 9509 9426 9426
GDP From Agriculture (USD Million) 924.60 1068 1041 1044 1039 1055
GDP From Construction (USD Million) 788.60 996 1214 1217 1211 1231
GDP From Manufacturing (USD Million) 2833.90 2773 2718 2726 2713 2756
GDP From Mining (USD Million) 2992.00 2469 2841 2850 2836 2881
GDP From Public Administration (USD Million) 3265.40 3440 3086 3095 3080 3129
GDP From Transport (USD Million) 1425.24 1335 1479 1484 1476 1500
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 3.90 4.1 4.5 4.7 5 5
Consumer Price Index CPI (Index Points) 137.30 142 143 144 143 150
CPI Transportation (Index Points) 135.55 141 142 139 138 150
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 6.75 6.75 6.5 6.5 6.5 6.5
Deposit Interest Rate (%) 5.90 5.9 5.9 5.9 5.9 5.9
Lending Rate (%) 10.50 10.5 10.5 10.5 10.5 10.5
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (NAD Million) -2695.80 -4200 -2660 -4950 -5150 -3600
Current Account to GDP (%) -2.10 -2 -2 -1.9 -1.9 -1.9
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 45.10 49 49 51 51 51
Government Budget (% of GDP) -4.40 -4.1 -4.1 -3.5 -3.5 -3.5
Government Spending (NAD Million) 27927.00 28907 29036 29123 28150 29443
Taxes Actual Q3 Q4 Q1 Q2 2020
Corporate Tax Rate (%) 32.00 32 32 32 32 32
Personal Income Tax Rate (%) 37.00 37 37 37 37 37
Sales Tax Rate (%) 15.00 15 15 15 15 15
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Spending (NAD Million) 87400.00 84391 84768 85020 88099 85955


This page has economic forecasts for Namibia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Namibia economy.