Africa's Development: Annual real GDP growth per capita Growth … 04 in Namibia
Namibia: Africa's Development: Annual real GDP growth per capita Growth … 04 was 1.07 Percent per annum in 2029. ◆ Volatile
Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP in Namibia, 1991–2029
Source: Organisation for Economic Co-operation and Development. Measured in Percent per annum.
Analysis
The most recent figure for africa's development dynamics (afdd) table 04 - annual real gdp in Namibia is 1.07 Percent per annum, measured in 2029.
That represents a change of up 1.4% on the previous year and up 142.7% over ten years.
Over the whole period, africa's development dynamics (afdd) table 04 - annual real gdp in Namibia peaked at 5.83 Percent per annum in 1992 and was at its lowest, -9.67 Percent per annum, in 2020.
That places Namibia 136th out of 166 countries with data for 2029, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Africa's Development: Annual real GDP growth per capita Growth … 04 in Namibia, year by year
| Year | Percent per annum | Change |
|---|---|---|
| 1991 | 1.87 Percent per annum | — |
| 1992 | 5.83 Percent per annum | +210.8% |
| 1993 | -4.76 Percent per annum | -181.7% |
| 1994 | -0.2085 Percent per annum | -95.6% |
| 1995 | 1.07 Percent per annum | -614.0% |
| 1996 | 0.4005 Percent per annum | -62.6% |
| 1997 | 1.56 Percent per annum | +289.3% |
| 1998 | 0.7495 Percent per annum | -51.9% |
| 1999 | 0.9062 Percent per annum | +20.9% |
| 2000 | 1.17 Percent per annum | +29.4% |
| 2001 | 0.338 Percent per annum | -71.2% |
| 2002 | 4.87 Percent per annum | +1339.7% |
| 2003 | 2.02 Percent per annum | -58.4% |
| 2004 | 5.31 Percent per annum | +162.5% |
| 2005 | 3.42 Percent per annum | -35.7% |
| 2006 | 2.71 Percent per annum | -20.8% |
| 2007 | 2.36 Percent per annum | -12.8% |
| 2008 | 1.29 Percent per annum | -45.5% |
| 2009 | -1.13 Percent per annum | -187.7% |
| 2010 | 4.46 Percent per annum | -494.9% |
| 2011 | 3.46 Percent per annum | -22.3% |
| 2012 | 3.36 Percent per annum | -3.0% |
| 2013 | 3.84 Percent per annum | +14.3% |
| 2014 | 4.27 Percent per annum | +11.2% |
| 2015 | 2.45 Percent per annum | -42.6% |
| 2016 | -1.72 Percent per annum | -170.0% |
| 2017 | -2.75 Percent per annum | +60.3% |
| 2018 | -0.6686 Percent per annum | -75.7% |
| 2019 | -2.5 Percent per annum | +273.9% |
| 2020 | -9.67 Percent per annum | +286.8% |
| 2021 | 1.84 Percent per annum | -119.1% |
| 2022 | 3.06 Percent per annum | +65.8% |
| 2023 | 1.68 Percent per annum | -45.0% |
| 2024 | 1.03 Percent per annum | -38.5% |
| 2025 | 0.9457 Percent per annum | -8.6% |
| 2026 | 0.921 Percent per annum | -2.6% |
| 2027 | 0.9669 Percent per annum | +5.0% |
| 2028 | 1.05 Percent per annum | +8.9% |
| 2029 | 1.07 Percent per annum | +1.4% |
Namibia compared with similar countries
- Namibia's 1.07 Percent per annum is below the median for lower middle income countries, which is 2.31 Percent per annum, 46% of the median. (41 countries reporting)
- Namibia's 1.07 Percent per annum is below the median for Sub-Saharan Africa, which is 2.31 Percent per annum, 46% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Africa's Development: Annual real GDP growth per capita Growth … 04 in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +1339.7% | 0.338 Percent per annum | 4.87 Percent per annum |
| 1995 | +614.0% | -0.2085 Percent per annum | 1.07 Percent per annum |
| 2010 | +494.9% | -1.13 Percent per annum | 4.46 Percent per annum |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.8246 Percent per annum | -4.76 Percent per annum | 5.83 Percent per annum | 9 |
| 2000s | 2.24 Percent per annum | -1.13 Percent per annum | 5.31 Percent per annum | 10 |
| 2010s | 1.42 Percent per annum | -2.75 Percent per annum | 4.46 Percent per annum | 10 |
| 2020s | 0.2905 Percent per annum | -9.67 Percent per annum | 3.06 Percent per annum | 10 |
Countries ranked near Namibia
More economy & growth data for Namibia
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.64 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 2.35 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 74.4 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.53 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 54.32 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -25 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0217 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 105.73 units per person (2025)
Frequently asked questions
- What is africa's development dynamics (afdd) table 04 - annual real gdp in Namibia?
- Africa's development dynamics (afdd) table 04 - annual real gdp in Namibia was 1.07 Percent per annum in 2029, according to Organisation for Economic Co-operation and Development.
- What is the highest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Namibia?
- The highest recorded value was 5.83 Percent per annum in 1992.
- What is the lowest africa's development dynamics (afdd) table 04 - annual real gdp recorded in Namibia?
- The lowest recorded value was -9.67 Percent per annum in 2020.
- How does Namibia rank for africa's development dynamics (afdd) table 04 - annual real gdp?
- Namibia ranks 136th out of 166 countries with data for 2029.
- Is africa's development dynamics (afdd) table 04 - annual real gdp rising or falling in Namibia?
- Over the last ten years it is up 142.7%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP growth per capita — Growth rate of real gross domestic product per capita. Statizoid updates them automatically from the source API.
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About this data
The Statistical Annex to the annual Africa's Development Dynamics (AFDD) report is a collection of development indicators that were gathered and analysed while conducting the research that went into the report. These data are also available online for free viewing or download at https://oe.cd/AFDD-2024, a bilingual website which links to the electronic version of the Africa's Development Dynamics book in both English and French. Table 4 shows the full time series of annual real GDP growth per capta, up to present, and including projected real GDP growth rates over the next five years calculated using the real GDP growth and population growth figures reported in the AfDD Statistical Annex.