The Gross Domestic Product (GDP) in Namibia was worth 15 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Namibia represents 0.01 percent of the world economy.

GDP in Namibia averaged 6.22 USD Billion from 1980 until 2019, reaching an all time high of 15 USD Billion in 2019 and a record low of 1.61 USD Billion in 1985. This page provides the latest reported value for - Namibia GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Namibia GDP - values, historical data and charts - was last updated on June of 2020. source: World Bank

GDP in Namibia is expected to reach 16.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia GDP is projected to trend around 18.00 USD Billion in 2021 and 16.70 USD Billion in 2022, according to our econometric models.

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Namibia GDP

Actual Previous Highest Lowest Dates Unit Frequency
15.00 14.52 15.00 1.61 1980 - 2019 USD Billion Yearly
Current USD

Namibia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.86 1.84 29.90 -8.80 percent [+]
GDP Annual Growth Rate 1.60 -1.20 21.00 -6.10 percent [+]
GDP 15.00 14.52 15.00 1.61 USD Billion [+]
GDP Constant Prices 36293.00 35866.00 37222.60 10269.00 NAD Million [+]
Gross National Product 173649.85 180548.92 180548.92 1417.00 NAD Million [+]
Gross Fixed Capital Formation 30378.00 30334.00 47710.00 2916.00 NAD Million [+]
GDP per capita 6073.20 6193.20 6412.10 3505.60 USD [+]
GDP per capita PPP 9897.63 10093.23 10449.95 5713.20 USD [+]
GDP From Agriculture 1578.00 847.00 2721.90 643.00 USD Million [+]
GDP From Construction 862.00 807.00 2065.50 167.00 USD Million [+]
GDP From Manufacturing 4542.00 4492.00 5165.00 1292.00 USD Million [+]
GDP From Mining 3496.00 3432.00 4014.94 1075.00 USD Million [+]
GDP From Public Administration 4414.00 5139.00 5139.00 839.00 USD Million [+]
GDP From Services 3550.00 3105.00 4400.40 1849.00 USD Million [+]
GDP From Transport 913.00 1099.00 1335.62 323.00 USD Million [+]
GDP From Utilities 617.00 614.00 849.00 158.60 USD Million [+]


Namibia GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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