Markets Actual Q2 Q3 Q4 Q1 2020
Stock Market (points) 1409.63 1302 1281 1260 1239 1199
Currency 14.10 14.66 14.86 15.06 15.27 15.69
Overview Actual Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) -1.73 -0.9 1 2.1 -0.3 1.8
GDP Annual Growth Rate (%) -1.70 0.2 0.4 0.3 0.8 1.9
Inflation Rate (%) 4.50 5.4 5.7 5.6 5.4 5.5
Interest Rate (%) 6.75 6.75 6.75 6.5 6.5 6
Balance of Trade (NAD Million) -4725.70 -3700 -4200 -2660 -4950 -3600
Current Account to GDP (%) -2.10 -2 -2 -2 -1.9 -1.9
Government Debt to GDP (%) 45.10 49 49 49 51 51
Government Budget (% of GDP) -4.40 -4.1 -4.1 -4.1 -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 Q2 Q3 Q4 Q1 2020
GDP Growth Rate (%) -1.73 -0.9 1 2.1 -0.3 1.8
GDP Annual Growth Rate (%) -1.70 0.2 0.4 0.3 0.8 1.9
GDP (USD Billion) 13.24 15 15 15 16 16
GDP Constant Prices (NAD Million) 27280.10 26347 27496 27362 27498 27882
Gross National Product (NAD Million) 180548.92 173929 174102 181091 181993 184531
Gross Fixed Capital Formation (NAD Million) 19971.00 23170 23193 20031 20131 20412
GDP per capita (USD) 5854.86 6200 6200 6200 6400 6400
GDP per capita PPP (USD) 9541.81 10150 9509 9509 9426 9426
GDP From Agriculture (USD Million) 1030.60 1221 1064 1034 1039 1053
GDP From Construction (USD Million) 1201.70 821 992 1205 1211 1228
GDP From Manufacturing (USD Million) 2691.20 2755 2763 2699 2713 2751
GDP From Mining (USD Million) 2813.00 2234 2461 2821 2836 2875
GDP From Public Administration (USD Million) 3055.20 2687 3428 3064 3080 3123
GDP From Transport (USD Million) 1464.49 1361 1331 1469 1476 1497
Prices Actual Q2 Q3 Q4 Q1 2020
Inflation Rate (%) 4.50 5.4 5.7 5.6 5.4 5.5
Consumer Price Index CPI (Index Points) 136.76 139 142 143 144 150
CPI Transportation (Index Points) 132.05 133 141 142 139 150
Money Actual Q2 Q3 Q4 Q1 2020
Interest Rate (%) 6.75 6.75 6.75 6.5 6.5 6
Deposit Interest Rate (%) 5.90 5.9 5.4 5.4 5.4 5.4
Lending Rate (%) 10.50 10.5 10 10 10 10
Trade Actual Q2 Q3 Q4 Q1 2020
Balance of Trade (NAD Million) -4725.70 -3700 -4200 -2660 -4950 -3600
Current Account to GDP (%) -2.10 -2 -2 -2 -1.9 -1.9
Government Actual Q2 Q3 Q4 Q1 2020
Government Debt to GDP (%) 45.10 49 49 49 51 51
Government Budget (% of GDP) -4.40 -4.1 -4.1 -4.1 -3.5 -3.5
Government Spending (NAD Million) 27927.00 28778 28806 28011 28150 28543
Taxes Actual Q2 Q3 Q4 Q1 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 Q2 Q3 Q4 Q1 2020
Consumer Spending (NAD Million) 87400.00 84013 84097 87662 88099 89328


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.