Annual GDP growth in Namibia
Namibia: Annual GDP growth was 3.7% in 2024. β Volatile
Annual GDP growth in Namibia, 2000β2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual gdp growth in Namibia is 3.7%, measured in 2024.
That represents a change of down 16.5% on the previous year and down 39.1% over ten years.
Over the whole period, annual gdp growth in Namibia peaked at 12.3% in 2004 and was at its lowest, -8.1%, in 2020.
That places Namibia 87th out of 212 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.4% | 0.3% | 12.3% | 10 |
| 2010s | 3.1% | -1.0% | 6.1% | 10 |
| 2020s | 1.8% | -8.1% | 5.4% | 5 |
Countries ranked near Namibia
- 84 Papua New Guinea 3.8% compare
- 85 Morocco 3.8% compare
- 86 Channel Islands 3.7% compare
- 88 Algeria 3.7% compare
- 89 Nepal 3.7% compare
- 90 Iran (Islamic Republic of) 3.7% compare
More economy & growth data for Namibia
- External balance on goods and services as a percent of gdp -19.23 (2025)
- Inflation of consumer prices 3.51 (2025)
- Gdp per capita worldbank constant usd 4,019 (2025)
- Manufacturing value added to gdp 10.02 (2025)
- Gdp worldbank constant usd 12.43 billion (2025)
- Gdp per capita in international and market dollars 4,019 (2025)
- DEC alternative conversion factor 17.89 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 26.13 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.46 billion current US$ (2025)
- Taxes less subsidies on products 24.49 billion current LCU (2025)
Frequently asked questions
- What is annual gdp growth in Namibia?
- Annual gdp growth in Namibia was 3.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Namibia?
- The highest recorded value was 12.3% in 2004.
- What is the lowest annual gdp growth recorded in Namibia?
- The lowest recorded value was -8.1% in 2020.
- How does Namibia rank for annual gdp growth?
- Namibia ranks 87th out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Namibia?
- Over the last ten years it is down 39.1%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
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CSV Β· JSON β 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).