GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Namibia
Namibia: GDP Deflator — Value Standard Local Currency, 2015 prices, annual was 3.25 % change on previous year in 2024. ◆ Volatile
Latest (2024)
3.25 % change on previous year
Change on year
down 49.3%
World rank
116th
of 209 countries
All-time high
23.94 % change on previous year
in 1985
All-time low
0.9263 % change on previous year
in 2019
Years of data
54
1971–2024
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Namibia, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Namibia recorded 3.25 % change on previous year for gdp deflator — value standard local currency, 2015 prices, annual in 2024.
The figure is down 49.3% on the previous year and down 60.5% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices, annual in Namibia peaked at 23.94 % change on previous year in 1985 and was at its lowest, 0.9263 % change on previous year, in 2019.
Namibia ranks 116th of 209 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.
GDP Deflator — Value Standard Local Currency, 2015 prices, annual in Namibia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 5.66 % change on previous year | — |
| 1972 | 6.46 % change on previous year | +14.2% |
| 1973 | 9.54 % change on previous year | +47.5% |
| 1974 | 11.63 % change on previous year | +21.9% |
| 1975 | 13.52 % change on previous year | +16.3% |
| 1976 | 11.25 % change on previous year | -16.8% |
| 1977 | 11.13 % change on previous year | -1.0% |
| 1978 | 12.02 % change on previous year | +7.9% |
| 1979 | 15.26 % change on previous year | +27.0% |
| 1980 | 22.99 % change on previous year | +50.6% |
| 1981 | 3.67 % change on previous year | -84.1% |
| 1982 | 16.98 % change on previous year | +363.2% |
| 1983 | 13.32 % change on previous year | -21.5% |
| 1984 | 12.73 % change on previous year | -4.4% |
| 1985 | 23.94 % change on previous year | +88.0% |
| 1986 | 10.08 % change on previous year | -57.9% |
| 1987 | 9.4 % change on previous year | -6.8% |
| 1988 | 20.15 % change on previous year | +114.4% |
| 1989 | 15.07 % change on previous year | -25.2% |
| 1990 | 6.39 % change on previous year | -57.6% |
| 1991 | 5.99 % change on previous year | -6.3% |
| 1992 | 10.27 % change on previous year | +71.5% |
| 1993 | 10.36 % change on previous year | +0.9% |
| 1994 | 20.46 % change on previous year | +97.5% |
| 1995 | 6.68 % change on previous year | -67.3% |
| 1996 | 15.18 % change on previous year | +127.1% |
| 1997 | 7.11 % change on previous year | -53.1% |
| 1998 | 8.27 % change on previous year | +16.3% |
| 1999 | 6.79 % change on previous year | -17.9% |
| 2000 | 11.28 % change on previous year | +66.3% |
| 2001 | 11.2 % change on previous year | -0.7% |
| 2002 | 10 % change on previous year | -10.7% |
| 2003 | 1.27 % change on previous year | -87.3% |
| 2004 | 2.04 % change on previous year | +60.5% |
| 2005 | 5.6 % change on previous year | +174.4% |
| 2006 | 9.41 % change on previous year | +68.0% |
| 2007 | 9.29 % change on previous year | -1.3% |
| 2008 | 10.96 % change on previous year | +18.0% |
| 2009 | 6.95 % change on previous year | -36.6% |
| 2010 | 3.73 % change on previous year | -46.4% |
| 2011 | 3.81 % change on previous year | +2.4% |
| 2012 | 11.26 % change on previous year | +195.2% |
| 2013 | 4.04 % change on previous year | -64.1% |
| 2014 | 8.23 % change on previous year | +103.8% |
| 2015 | 3.86 % change on previous year | -53.1% |
| 2016 | 7.97 % change on previous year | +106.2% |
| 2017 | 9.92 % change on previous year | +24.5% |
| 2018 | 4.43 % change on previous year | -55.3% |
| 2019 | 0.9263 % change on previous year | -79.1% |
| 2020 | 4.63 % change on previous year | +400.0% |
| 2021 | 1.53 % change on previous year | -66.9% |
| 2022 | 6.45 % change on previous year | +320.2% |
| 2023 | 6.41 % change on previous year | -0.5% |
| 2024 | 3.25 % change on previous year | -49.3% |
Namibia compared with similar countries
- Namibia's 3.25 % change on previous year is below the median for lower middle income countries, which is 4.74 % change on previous year, 69% of the median. (41 countries reporting)
- Namibia's 3.25 % change on previous year is below the median for Sub-Saharan Africa, which is 4.4 % change on previous year, 74% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 10.72 % change on previous year | 5.66 % change on previous year | 15.26 % change on previous year | 9 |
| 1980s | 14.83 % change on previous year | 3.67 % change on previous year | 23.94 % change on previous year | 10 |
| 1990s | 9.75 % change on previous year | 5.99 % change on previous year | 20.46 % change on previous year | 10 |
| 2000s | 7.8 % change on previous year | 1.27 % change on previous year | 11.28 % change on previous year | 10 |
| 2010s | 5.82 % change on previous year | 0.9263 % change on previous year | 11.26 % change on previous year | 10 |
| 2020s | 4.46 % change on previous year | 1.53 % change on previous year | 6.45 % change on previous year | 5 |
Countries ranked near Namibia
- 113 Lithuania 3.39 % change on previous year compare
- 114 Ireland 3.34 % change on previous year compare
- 115 Liberia 3.25 % change on previous year compare
- 117 Singapore 3.24 % change on previous year compare
- 118 Malta 3.23 % change on previous year compare
- 119 India 3.2 % change on previous year compare
More economy & growth data for Namibia
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 44.40 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 14.65 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.93 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -15.67 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1418 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 638.56 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices, annual in Namibia?
- Gdp deflator — value standard local currency, 2015 prices, annual in Namibia was 3.25 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gdp deflator — value standard local currency, 2015 prices, annual recorded in Namibia?
- The highest recorded value was 23.94 % change on previous year in 1985.
- What is the lowest gdp deflator — value standard local currency, 2015 prices, annual recorded in Namibia?
- The lowest recorded value was 0.9263 % change on previous year in 2019.
- How does Namibia rank for gdp deflator — value standard local currency, 2015 prices, annual?
- Namibia ranks 116th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices, annual rising or falling in Namibia?
- Over the last ten years it is down 60.5%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Statizoid (derived), published as part of GDP Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- GDP Deflator — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in GDP Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.