GDP Deflator — Value Standard Local Currency, 2015 prices in Namibia
Namibia: GDP Deflator — Value Standard Local Currency, 2015 prices was 155.42 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Namibia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
In 2024, gdp deflator — value standard local currency, 2015 prices in Namibia stood at 155.42 SLC. That is the highest value across all 55 years on record.
The figure is up 3.3% on the previous year and up 61.4% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Namibia peaked at 155.42 SLC in 2024 and was at its lowest, 1.37 SLC, in 1970.
Namibia ranks 66th 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 in Namibia, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 1.37 SLC | — |
| 1971 | 1.45 SLC | +5.7% |
| 1972 | 1.55 SLC | +6.5% |
| 1973 | 1.69 SLC | +9.5% |
| 1974 | 1.89 SLC | +11.6% |
| 1975 | 2.14 SLC | +13.5% |
| 1976 | 2.39 SLC | +11.3% |
| 1977 | 2.65 SLC | +11.1% |
| 1978 | 2.97 SLC | +12.0% |
| 1979 | 3.42 SLC | +15.3% |
| 1980 | 4.21 SLC | +23.0% |
| 1981 | 4.36 SLC | +3.7% |
| 1982 | 5.11 SLC | +17.0% |
| 1983 | 5.79 SLC | +13.3% |
| 1984 | 6.52 SLC | +12.7% |
| 1985 | 8.08 SLC | +23.9% |
| 1986 | 8.9 SLC | +10.1% |
| 1987 | 9.74 SLC | +9.4% |
| 1988 | 11.7 SLC | +20.2% |
| 1989 | 13.46 SLC | +15.1% |
| 1990 | 14.32 SLC | +6.4% |
| 1991 | 15.18 SLC | +6.0% |
| 1992 | 16.74 SLC | +10.3% |
| 1993 | 18.47 SLC | +10.4% |
| 1994 | 22.25 SLC | +20.5% |
| 1995 | 23.74 SLC | +6.7% |
| 1996 | 27.34 SLC | +15.2% |
| 1997 | 29.29 SLC | +7.1% |
| 1998 | 31.71 SLC | +8.3% |
| 1999 | 33.86 SLC | +6.8% |
| 2000 | 37.68 SLC | +11.3% |
| 2001 | 41.9 SLC | +11.2% |
| 2002 | 46.09 SLC | +10.0% |
| 2003 | 46.68 SLC | +1.3% |
| 2004 | 47.63 SLC | +2.0% |
| 2005 | 50.3 SLC | +5.6% |
| 2006 | 55.03 SLC | +9.4% |
| 2007 | 60.14 SLC | +9.3% |
| 2008 | 66.73 SLC | +11.0% |
| 2009 | 71.36 SLC | +6.9% |
| 2010 | 74.02 SLC | +3.7% |
| 2011 | 76.85 SLC | +3.8% |
| 2012 | 85.5 SLC | +11.3% |
| 2013 | 88.95 SLC | +4.0% |
| 2014 | 96.28 SLC | +8.2% |
| 2015 | 100 SLC | +3.9% |
| 2016 | 107.97 SLC | +8.0% |
| 2017 | 118.68 SLC | +9.9% |
| 2018 | 123.93 SLC | +4.4% |
| 2019 | 125.08 SLC | +0.9% |
| 2020 | 130.88 SLC | +4.6% |
| 2021 | 132.88 SLC | +1.5% |
| 2022 | 141.45 SLC | +6.4% |
| 2023 | 150.52 SLC | +6.4% |
| 2024 | 155.42 SLC | +3.3% |
Namibia compared with similar countries
- Namibia's 155.42 SLC is above the median for lower middle income countries, which is 154.79 SLC, 1.0× the median. (41 countries reporting)
- Namibia's 155.42 SLC is above the median for Sub-Saharan Africa, which is 149.14 SLC, 1.0× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.15 SLC | 1.37 SLC | 3.42 SLC | 10 |
| 1980s | 7.79 SLC | 4.21 SLC | 13.46 SLC | 10 |
| 1990s | 23.29 SLC | 14.32 SLC | 33.86 SLC | 10 |
| 2000s | 52.35 SLC | 37.68 SLC | 71.36 SLC | 10 |
| 2010s | 99.73 SLC | 74.02 SLC | 125.08 SLC | 10 |
| 2020s | 142.23 SLC | 130.88 SLC | 155.42 SLC | 5 |
Countries ranked near Namibia
- 63 Lithuania 157.76 SLC compare
- 64 Dominican Republic 157.3 SLC compare
- 65 South Africa 156.43 SLC compare
- 67 Montenegro 155.12 SLC compare
- 68 Nicaragua 154.79 SLC compare
- 69 Tajikistan 154.65 SLC compare
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 gdp deflator — value standard local currency, 2015 prices in Namibia?
- Gdp deflator — value standard local currency, 2015 prices in Namibia was 155.42 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Namibia?
- The highest recorded value was 155.42 SLC in 2024.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Namibia?
- The lowest recorded value was 1.37 SLC in 1970.
- How does Namibia rank for gdp deflator — value standard local currency, 2015 prices?
- Namibia ranks 66th out of 209 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Namibia?
- Over the last ten years it is up 61.4%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).