Gross domestic product (GDP), Constant prices, Purchasing power in Namibia

Namibia: Gross domestic product (GDP), Constant prices, Purchasing power was -1.13 % change on previous year in 2019. ◆ Volatile

Latest (2019)
-1.13 % change on previous year
Change on year
down 262.3%
World rank
181st
of 193 countries
All-time high
13.92 % change on previous year
in 1962
All-time low
-1.82 % change on previous year
in 1983
Years of data
59
1961–2019

Gross domestic product (GDP), Constant prices, Purchasing power in Namibia, 1961–2019

051015196119902019

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

Analysis

In 2019, gross domestic product (gdp), constant prices, purchasing power in Namibia stood at -1.13 % change on previous year.

The figure is down 262.3% on the previous year and down 483.4% over ten years.

Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Namibia peaked at 13.92 % change on previous year in 1962 and was at its lowest, -1.82 % change on previous year, in 1983.

Namibia ranks 181st of 193 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross domestic product (GDP), Constant prices, Purchasing power in Namibia, year by year

Annual values for Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate in Namibia, 1961 to 2019.
Year % change on previous year Change
1961 1.53 % change on previous year —
1962 13.92 % change on previous year +810.5%
1963 6.74 % change on previous year -51.6%
1964 12.26 % change on previous year +82.0%
1965 4.7 % change on previous year -61.7%
1966 6.43 % change on previous year +36.8%
1967 1.34 % change on previous year -79.2%
1968 3.97 % change on previous year +196.4%
1969 7.28 % change on previous year +83.5%
1970 9.33 % change on previous year +28.1%
1971 5.24 % change on previous year -43.8%
1972 1.98 % change on previous year -62.3%
1973 3.94 % change on previous year +99.1%
1974 7.13 % change on previous year +81.0%
1975 2.25 % change on previous year -68.5%
1976 1.47 % change on previous year -34.6%
1977 0.0406 % change on previous year -97.2%
1978 2.86 % change on previous year +6956.3%
1979 3.8 % change on previous year +32.6%
1980 6.65 % change on previous year +75.2%
1981 0.9715 % change on previous year -85.4%
1982 -0.3981 % change on previous year -141.0%
1983 -1.82 % change on previous year +358.1%
1984 -0.2369 % change on previous year -87.0%
1985 0.4642 % change on previous year -295.9%
1986 4.77 % change on previous year +926.9%
1987 3.55 % change on previous year -25.5%
1988 0.8131 % change on previous year -77.1%
1989 1.86 % change on previous year +128.6%
1990 2.05 % change on previous year +10.1%
1991 8.17 % change on previous year +298.8%
1992 7.19 % change on previous year -12.0%
1993 -1.58 % change on previous year -122.0%
1994 1.73 % change on previous year -209.5%
1995 3.9 % change on previous year +125.4%
1996 3.19 % change on previous year -18.1%
1997 4.22 % change on previous year +32.2%
1998 3.29 % change on previous year -22.0%
1999 3.37 % change on previous year +2.3%
2000 3.49 % change on previous year +3.7%
2001 1.18 % change on previous year -66.3%
2002 4.79 % change on previous year +306.4%
2003 4.24 % change on previous year -11.5%
2004 12.27 % change on previous year +189.4%
2005 2.53 % change on previous year -79.4%
2006 7.07 % change on previous year +179.6%
2007 5.37 % change on previous year -24.0%
2008 2.65 % change on previous year -50.7%
2009 0.2958 % change on previous year -88.8%
2010 6.04 % change on previous year +1941.9%
2011 5.09 % change on previous year -15.7%
2012 5.06 % change on previous year -0.6%
2013 5.62 % change on previous year +10.9%
2014 5.76 % change on previous year +2.5%
2015 4.53 % change on previous year -21.4%
2016 -0.2808 % change on previous year -106.2%
2017 -0.2561 % change on previous year -8.8%
2018 0.6986 % change on previous year -372.8%
2019 -1.13 % change on previous year -262.3%

Namibia compared with similar countries

  • Namibia's -1.13 % change on previous year is below the median for lower middle income countries, which is 3.7 % change on previous year. (46 countries reporting)
  • Namibia's -1.13 % change on previous year is below the median for Sub-Saharan Africa, which is 3.86 % change on previous year. (47 countries reporting)

Biggest year-on-year movements

Years where Gross domestic product (GDP), Constant prices, Purchasing power 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
1978 +6956.3% 0.0406 % change on previous year 2.86 % change on previous year
2010 +1941.9% 0.2958 % change on previous year 6.04 % change on previous year
1986 +926.9% 0.4642 % change on previous year 4.77 % change on previous year
1962 +810.5% 1.53 % change on previous year 13.92 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1960s 6.46 % change on previous year 1.34 % change on previous year 13.92 % change on previous year 9
1970s 3.8 % change on previous year 0.0406 % change on previous year 9.33 % change on previous year 10
1980s 1.66 % change on previous year -1.82 % change on previous year 6.65 % change on previous year 10
1990s 3.55 % change on previous year -1.58 % change on previous year 8.17 % change on previous year 10
2000s 4.39 % change on previous year 0.2958 % change on previous year 12.27 % change on previous year 10
2010s 3.11 % change on previous year -1.13 % change on previous year 6.04 % change on previous year 10

Countries ranked near Namibia

  1. 178 Oman -0.8254 % change on previous year compare
  2. 179 Congo -0.9019 % change on previous year compare
  3. 180 Haiti -0.9349 % change on previous year compare
  4. 182 Trinidad and Tobago -1.25 % change on previous year compare
  5. 183 Hong Kong -1.25 % change on previous year compare
  6. 184 Angola -1.5 % change on previous year compare

See the full ranking of 193 places →

More economy & growth data for Namibia

All data for Namibia →

Frequently asked questions

What is gross domestic product (gdp), constant prices, purchasing power in Namibia?
Gross domestic product (gdp), constant prices, purchasing power in Namibia was -1.13 % change on previous year in 2019, according to Statizoid (derived).
What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Namibia?
The highest recorded value was 13.92 % change on previous year in 1962.
What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Namibia?
The lowest recorded value was -1.82 % change on previous year in 1983.
How does Namibia rank for gross domestic product (gdp), constant prices, purchasing power?
Namibia ranks 181st out of 193 countries with data for 2019.
Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Namibia?
Over the last ten years it is down 483.4%. 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 Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate. Statizoid updates them automatically from the source API.

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Gross domestic product (GDP), Constant prices, Purchasing power in Namibia. Statizoid, drawing on Statizoid (derived). Retrieved 03 October 2026, from https://economy.statizoid.com/stat/gross-domestic-product-gdp-constant-prices-purchasing-power-parity-ppp-international-5/namibia/

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<a href="https://economy.statizoid.com/stat/gross-domestic-product-gdp-constant-prices-purchasing-power-parity-ppp-international-5/namibia/">Gross domestic product (GDP), Constant prices, Purchasing power in Namibia</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. 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
Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
193 places, 10,091 data points, 1961–2019
Last refreshed

The year-on-year percentage change in Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.