The Gross Domestic Product (GDP) in Namibia was worth 12.37 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 6.05 USD Billion from 1980 until 2019, reaching an all time high of 13.45 USD Billion in 2018 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 October of 2020. source: World Bank

GDP in Namibia is expected to reach 10.30 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 11.00 USD Billion in 2021 and 12.40 USD Billion in 2022, according to our econometric models.

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Namibia GDP

Actual Previous Highest Lowest Dates Unit Frequency
12.37 13.45 13.45 1.61 1980 - 2019 USD Billion Yearly
Current USD

Namibia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -7.47 -2.59 29.90 -8.80 percent [+]
GDP Annual Growth Rate -11.10 -1.80 21.00 -11.10 percent [+]
GDP 12.37 13.45 13.45 1.61 USD Billion [+]
GDP Constant Prices 32024.80 34018.40 37405.30 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 5766.00 5942.40 6274.80 3501.30 USD [+]
GDP per capita PPP 9637.20 9932.00 10487.50 5852.00 USD [+]
GDP From Agriculture 2419.80 849.70 2887.40 643.00 USD Million [+]
GDP From Construction 752.90 894.00 2065.50 167.00 USD Million [+]
GDP From Manufacturing 3565.80 4263.00 5164.00 1292.00 USD Million [+]
GDP From Mining 2918.40 3602.00 4014.94 1075.00 USD Million [+]
GDP From Public Administration 3818.10 3863.00 5139.00 839.00 USD Million [+]
GDP From Services 2760.20 3455.00 4400.40 1849.00 USD Million [+]
GDP From Transport 1160.00 914.00 1335.62 323.00 USD Million [+]
GDP From Utilities 760.60 775.00 849.00 158.60 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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