GDP Deflator — Value US$, 2015 prices, annual growth rate in Namibia

Namibia: GDP Deflator — Value US$, 2015 prices, annual growth rate was 3.91 % change on previous year in 2024. ◆ Volatile

Latest (2024)
3.91 % change on previous year
Change on year
up 169.3%
World rank
71st
of 222 countries
All-time high
41.11 % change on previous year
in 2003
All-time low
-17.96 % change on previous year
in 1985
Years of data
54
1971–2024

GDP Deflator — Value US$, 2015 prices, annual growth rate in Namibia, 1971–2024

-2002040197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Namibia recorded 3.91 % change on previous year for gdp deflator — value us$, 2015 prices, annual growth rate in 2024.

That represents a change of up 169.3% on the previous year and up 246.4% over ten years.

Over the whole period, gdp deflator — value us$, 2015 prices, annual growth rate in Namibia peaked at 41.11 % change on previous year in 2003 and was at its lowest, -17.96 % change on previous year, in 1985.

Namibia ranks 71st of 222 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 US$, 2015 prices, annual growth rate in Namibia, year by year

Annual values for GDP Deflator — Value US$, 2015 prices, annual growth rate in Namibia, 1971 to 2024.
Year % change on previous year Change
1971 6.16 % change on previous year
1972 -1.77 % change on previous year -128.7%
1973 21.96 % change on previous year -1339.9%
1974 14.03 % change on previous year -36.1%
1975 4.31 % change on previous year -69.3%
1976 -5.39 % change on previous year -225.1%
1977 11.14 % change on previous year -306.6%
1978 12.02 % change on previous year +7.9%
1979 19.03 % change on previous year +58.4%
1980 32.96 % change on previous year +73.2%
1981 -8 % change on previous year -124.3%
1982 -5.45 % change on previous year -31.8%
1983 10.45 % change on previous year -291.5%
1984 -14.87 % change on previous year -242.3%
1985 -17.96 % change on previous year +20.8%
1986 7.37 % change on previous year -141.0%
1987 22.78 % change on previous year +209.2%
1988 7.6 % change on previous year -66.6%
1989 -0.2494 % change on previous year -103.3%
1990 7.84 % change on previous year -3244.8%
1991 -0.6915 % change on previous year -108.8%
1992 6.76 % change on previous year -1077.8%
1993 -3.68 % change on previous year -154.4%
1994 10.86 % change on previous year -395.1%
1995 4.44 % change on previous year -59.1%
1996 -2.83 % change on previous year -163.8%
1997 -0.0605 % change on previous year -97.9%
1998 -9.75 % change on previous year +16011.0%
1999 -3.37 % change on previous year -65.4%
2000 -2.03 % change on previous year -39.7%
2001 -10.36 % change on previous year +409.4%
2002 -10.15 % change on previous year -2.0%
2003 41.11 % change on previous year -504.9%
2004 19.5 % change on previous year -52.6%
2005 6.97 % change on previous year -64.3%
2006 3.1 % change on previous year -55.5%
2007 4.84 % change on previous year +55.9%
2008 -5.14 % change on previous year -206.3%
2009 3.54 % change on previous year -169.0%
2010 20.6 % change on previous year +481.3%
2011 4.24 % change on previous year -79.4%
2012 -0.8753 % change on previous year -120.6%
2013 -12.57 % change on previous year +1335.7%
2014 -2.67 % change on previous year -78.7%
2015 -12.58 % change on previous year +370.4%
2016 -5.44 % change on previous year -56.7%
2017 21.44 % change on previous year -494.1%
2018 5.05 % change on previous year -76.4%
2019 -7.56 % change on previous year -249.6%
2020 -8.17 % change on previous year +8.1%
2021 13.11 % change on previous year -260.4%
2022 -3.82 % change on previous year -129.1%
2023 -5.65 % change on previous year +47.9%
2024 3.91 % change on previous year -169.3%

Namibia compared with similar countries

  • Namibia's 3.91 % change on previous year is above the median for lower middle income countries, which is 3.31 % change on previous year, 1.2× the median. (41 countries reporting)
  • Namibia's 3.91 % change on previous year is above the median for Sub-Saharan Africa, which is 2.93 % change on previous year, 1.3× the median. (44 countries reporting)

Biggest year-on-year movements

Years where GDP Deflator — Value US$, 2015 prices, annual growth rate 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.

YearChange FromTo
1998 -16011.0% -0.0605 % change on previous year -9.75 % change on previous year
1990 +3244.8% -0.2494 % change on previous year 7.84 % change on previous year
1973 +1339.9% -1.77 % change on previous year 21.96 % change on previous year
2013 -1335.7% -0.8753 % change on previous year -12.57 % change on previous year
1992 +1077.8% -0.6915 % change on previous year 6.76 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 9.05 % change on previous year -5.39 % change on previous year 21.96 % change on previous year 9
1980s 3.46 % change on previous year -17.96 % change on previous year 32.96 % change on previous year 10
1990s 0.9506 % change on previous year -9.75 % change on previous year 10.86 % change on previous year 10
2000s 5.14 % change on previous year -10.36 % change on previous year 41.11 % change on previous year 10
2010s 0.9649 % change on previous year -12.58 % change on previous year 21.44 % change on previous year 10
2020s -0.1226 % change on previous year -8.17 % change on previous year 13.11 % change on previous year 5

Countries ranked near Namibia

  1. 68 Chad 4.14 % change on previous year compare
  2. 69 Montenegro 4.06 % change on previous year compare
  3. 70 Libya 4.04 % change on previous year compare
  4. 72 Estonia 3.84 % change on previous year compare
  5. 73 Palau 3.77 % change on previous year compare
  6. 74 Singapore 3.75 % change on previous year compare

See the full ranking of 246 places →

More economy & growth data for Namibia

All data for Namibia →

Frequently asked questions

What is gdp deflator — value us$, 2015 prices, annual growth rate in Namibia?
Gdp deflator — value us$, 2015 prices, annual growth rate in Namibia was 3.91 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Namibia?
The highest recorded value was 41.11 % change on previous year in 2003.
What is the lowest gdp deflator — value us$, 2015 prices, annual growth rate recorded in Namibia?
The lowest recorded value was -17.96 % change on previous year in 1985.
How does Namibia rank for gdp deflator — value us$, 2015 prices, annual growth rate?
Namibia ranks 71st out of 222 countries with data for 2024.
Is gdp deflator — value us$, 2015 prices, annual growth rate rising or falling in Namibia?
Over the last ten years it is up 246.4%. 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 US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.

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GDP Deflator — Value US$, 2015 prices, annual growth rate in Namibia. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://economy.statizoid.com/stat/gdp-deflator-value-us-2015-prices-annual-growth-rate/namibia/

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<a href="https://economy.statizoid.com/stat/gdp-deflator-value-us-2015-prices-annual-growth-rate/namibia/">GDP Deflator — Value US$, 2015 prices, annual growth rate in Namibia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
GDP Deflator — Value US$, 2015 prices, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
246 places, 12,335 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP Deflator — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.