Annual growth rate of real GDP per capita (%) in Namibia
Namibia: Annual growth rate of real GDP per capita (%) was 1.4% in 2024. ◆ Volatile
Annual growth rate of real GDP per capita in Namibia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Namibia recorded 1.4% for annual growth rate of real gdp per capita in 2024.
Compared with earlier readings it is down 26.3% on the previous year and down 58.8% over ten years.
Over the whole period, annual growth rate of real gdp per capita in Namibia peaked at 10.8% in 2004 and was at its lowest, -10.7%, in 2020.
Namibia ranks 137th of 228 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth rate of real GDP per capita (%) in Namibia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.1% | — |
| 2001 | -0.9% | -181.8% |
| 2002 | 3.0% | -433.3% |
| 2003 | 2.7% | -10.0% |
| 2004 | 10.8% | +300.0% |
| 2005 | 1.3% | -88.0% |
| 2006 | 5.7% | +338.5% |
| 2007 | 4.0% | -29.8% |
| 2008 | 1.2% | -70.0% |
| 2009 | -1.2% | -200.0% |
| 2010 | 4.4% | -466.7% |
| 2011 | 3.3% | -25.0% |
| 2012 | 2.7% | -18.2% |
| 2013 | 2.9% | +7.4% |
| 2014 | 3.4% | +17.2% |
| 2015 | 1.5% | -55.9% |
| 2016 | -2.6% | -273.3% |
| 2017 | -3.7% | +42.3% |
| 2018 | -1.7% | -54.1% |
| 2019 | -3.6% | +111.8% |
| 2020 | -10.7% | +197.2% |
| 2021 | 0.6% | -105.6% |
| 2022 | 2.5% | +316.7% |
| 2023 | 1.9% | -24.0% |
| 2024 | 1.4% | -26.3% |
Namibia compared with similar countries
- Namibia's 1.4% is below the median for lower middle income countries, which is 2.7%, 52% of the median. (43 countries reporting)
- Namibia's 1.4% is below the median for Sub-Saharan Africa, which is 1.7%, 82% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.8% | -1.2% | 10.8% | 10 |
| 2010s | 0.7% | -3.7% | 4.4% | 10 |
| 2020s | -0.9% | -10.7% | 2.5% | 5 |
Countries ranked near Namibia
More economy & growth data for Namibia
- Real gdp growth, annual growth rate -16.45 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.07 Percent per annum (2029)
- 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)
Frequently asked questions
- What is annual growth rate of real gdp per capita in Namibia?
- Annual growth rate of real gdp per capita in Namibia was 1.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth rate of real gdp per capita recorded in Namibia?
- The highest recorded value was 10.8% in 2004.
- What is the lowest annual growth rate of real gdp per capita recorded in Namibia?
- The lowest recorded value was -10.7% in 2020.
- How does Namibia rank for annual growth rate of real gdp per capita?
- Namibia ranks 137th out of 228 countries with data for 2024.
- Is annual growth rate of real gdp per capita rising or falling in Namibia?
- Over the last ten years it is down 58.8%. 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 growth rate of real GDP per capita (%). Statizoid updates them automatically from the source API.
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