Namibia recorded a government debt equivalent to 53.30 percent of the country's Gross Domestic Product in 2019. source: Bank of Namibia

Government Debt to GDP in Namibia averaged 23.24 percent from 1993 until 2019, reaching an all time high of 53.30 percent in 2019 and a record low of 14.22 percent in 2010. This page provides the latest reported value for - Namibia Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Namibia Government Debt to GDP - values, historical data and charts - was last updated on January of 2021.

Government Debt to GDP in Namibia is expected to reach 64.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Government Debt to GDP is projected to trend around 66.00 percent in 2021 and 70.00 percent in 2022, according to our econometric models.

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Namibia Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
53.30 49.10 53.30 14.22 1993 - 2019 percent Yearly

Namibia Government Last Previous Highest Lowest Unit
Government Debt to GDP 53.30 49.10 53.30 14.22 percent [+]
Government Budget -4.50 -5.20 5.10 -8.40 percent of GDP [+]
Government Spending 39480.00 39324.00 40186.00 6120.00 NAD Million [+]
Government Debt 86647.30 72762.60 86647.30 11655.30 NAD Million [+]
Military Expenditure 436.00 458.00 565.00 75.00 USD Million [+]
Credit Rating 45.00 [+]

Namibia Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.