Gross domestic product (GDP) in Namibia
Namibia: Gross domestic product (GDP) was 28.74 billion international-$ in 2021 prices in 2023. ◆ Volatile
Gross domestic product (GDP) in Namibia, 1960–2023
Source: Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
Namibia recorded 28.74 billion international-$ in 2021 prices for gross domestic product (gdp) in 2023.
Compared with earlier readings it is up 5.3% on the previous year and up 15.8% over ten years.
Over the whole period, gross domestic product (gdp) in Namibia peaked at 29.16 billion international-$ in 2021 prices in 2015 and was at its lowest, 2.91 billion international-$ in 2021 prices, in 1960.
That places Namibia 143rd out of 184 countries with data for 2023, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.89 billion international-$ in 2021 prices | 2.91 billion international-$ in 2021 prices | 4.83 billion international-$ in 2021 prices | 10 |
| 1970s | 6.15 billion international-$ in 2021 prices | 5.23 billion international-$ in 2021 prices | 6.99 billion international-$ in 2021 prices | 10 |
| 1980s | 7.93 billion international-$ in 2021 prices | 7.33 billion international-$ in 2021 prices | 8.67 billion international-$ in 2021 prices | 10 |
| 1990s | 10.15 billion international-$ in 2021 prices | 8.00 billion international-$ in 2021 prices | 11.96 billion international-$ in 2021 prices | 10 |
| 2000s | 15.84 billion international-$ in 2021 prices | 12.49 billion international-$ in 2021 prices | 20.13 billion international-$ in 2021 prices | 10 |
| 2010s | 26.07 billion international-$ in 2021 prices | 21.31 billion international-$ in 2021 prices | 29.16 billion international-$ in 2021 prices | 10 |
| 2020s | 26.83 billion international-$ in 2021 prices | 24.99 billion international-$ in 2021 prices | 28.74 billion international-$ in 2021 prices | 4 |
Countries ranked near Namibia
- 140 Yemen 33.68 billion international-$ in 2021 prices compare
- 141 Cyprus 32.69 billion international-$ in 2021 prices compare
- 142 Mauritania 29.04 billion international-$ in 2021 prices compare
- 144 Jamaica 26.85 billion international-$ in 2021 prices compare
- 145 Togo 25.83 billion international-$ in 2021 prices compare
- 146 Somalia 25.53 billion international-$ in 2021 prices compare
More economy & growth data for Namibia
- External balance on goods and services as a percent of GDP -19.2% (2025)
- Inflation of consumer prices 3.5% (2025)
- GDP per capita 4,019 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.0% (2025)
- Gross domestic product (GDP) 12.43 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,019 constant 2015 US$ (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 gross domestic product (gdp) in Namibia?
- Gross domestic product (gdp) in Namibia was 28.74 billion international-$ in 2021 prices in 2023, according to Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Namibia?
- The highest recorded value was 29.16 billion international-$ in 2021 prices in 2015.
- What is the lowest gross domestic product (gdp) recorded in Namibia?
- The lowest recorded value was 2.91 billion international-$ in 2021 prices in 1960.
- How does Namibia rank for gross domestic product (gdp)?
- Namibia ranks 143rd out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Namibia?
- Over the last ten years it is up 15.8%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Feenstra et al. - Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.