Markets Actual Q3 Q4 Q1 Q2 2020
Stock Market (points) 1267.87 1271 1252 1233 1215 1179
Currency 14.90 14.83 15.01 15.19 15.37 15.75
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.80 0.4 -2 -0.3 -0.6 1.4
GDP Annual Growth Rate (%) -2.60 -2.3 -1.7 -0.6 0.3 0.8
Inflation Rate (%) 3.70 4 4 3.8 3.7 3.8
Interest Rate (%) 6.50 6.5 6.5 6.25 6 6
Balance of Trade (NAD Million) -2695.80 -1900 -3280 -1900 -1450 -2600
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 (%) 0.80 0.4 -2 -0.3 -0.6 1.4
GDP Annual Growth Rate (%) -2.60 -2.3 -1.7 -0.6 0.3 0.8
GDP (USD Billion) 14.52 15 15 16 16 16
GDP Constant Prices (NAD Million) 25515.00 26739 26740 26627 25592 26954
Gross National Product (NAD Million) 180548.92 169758 177480 179466 181091 178899
Gross Fixed Capital Formation (NAD Million) 19971.00 22615 19631 19851 20031 19789
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) 900.90 968 958 919 927 966
GDP From Construction (USD Million) 718.10 661 817 784 791 824
GDP From Manufacturing (USD Million) 2980.40 2838 2728 2817 2842 2750
GDP From Mining (USD Million) 2376.70 2875 2920 2974 3001 2944
GDP From Public Administration (USD Million) 2611.70 3342 3003 3246 3275 3027
GDP From Transport (USD Million) 1347.81 1298 1440 1417 1430 1451
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 3.70 4 4 3.8 3.7 3.8
Consumer Price Index CPI (Index Points) 137.80 139 140 142 142 146
CPI Transportation (Index Points) 136.30 139 140 137 141 146
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 6.50 6.5 6.5 6.25 6 6
Deposit Interest Rate (%) 5.90 5.9 5.9 5.65 5.4 5.4
Lending Rate (%) 10.50 10.5 10.5 10.25 10 10
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (NAD Million) -2695.80 -1900 -3280 -1900 -1450 -2600
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 28088 27452 27759 28011 27672
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 81999 85914 86876 87662 86602


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.