GDP Growth Rate in Namibia averaged 1.46 percent from 2004 until 2020, reaching an all time high of 29.90 percent in the first quarter of 2013 and a record low of -8.80 percent in the fourth quarter of 2004. This page provides - Namibia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Namibia GDP Growth Rate - values, historical data and charts - was last updated on November of 2020.
GDP Growth Rate in Namibia is expected to be -3.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Namibia to stand at -2.50 in 12 months time. In the long-term, the Namibia GDP Growth Rate is projected to trend around -2.50 percent in 2021 and 0.60 percent in 2022, according to our econometric models.