Gross domestic product (GDP), Constant prices, Purchasing power in Namibia
Namibia: Gross domestic product (GDP), Constant prices, Purchasing power was 23.73 in 2019. ◆ Volatile
Gross domestic product (GDP), Constant prices, Purchasing power in Namibia, 1960–2019
Source: International Monetary Fund.
Analysis
Namibia recorded 23.73 for gross domestic product (gdp), constant prices, purchasing power in 2019.
The figure is down 1.1% on the previous year and up 35.4% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Namibia peaked at 24 in 2018 and was at its lowest, 2.73, in 1960.
That places Namibia 142nd out of 193 countries with data for 2019, putting it in the middle of the range.
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
| Year | Value | Change |
|---|---|---|
| 1960 | 2.73 | — |
| 1961 | 2.77 | +1.5% |
| 1962 | 3.16 | +13.9% |
| 1963 | 3.37 | +6.7% |
| 1964 | 3.78 | +12.3% |
| 1965 | 3.96 | +4.7% |
| 1966 | 4.21 | +6.4% |
| 1967 | 4.27 | +1.3% |
| 1968 | 4.44 | +4.0% |
| 1969 | 4.76 | +7.3% |
| 1970 | 5.21 | +9.3% |
| 1971 | 5.48 | +5.2% |
| 1972 | 5.59 | +2.0% |
| 1973 | 5.81 | +3.9% |
| 1974 | 6.23 | +7.1% |
| 1975 | 6.36 | +2.2% |
| 1976 | 6.46 | +1.5% |
| 1977 | 6.46 | +0.0% |
| 1978 | 6.65 | +2.9% |
| 1979 | 6.9 | +3.8% |
| 1980 | 7.36 | +6.7% |
| 1981 | 7.43 | +1.0% |
| 1982 | 7.4 | -0.4% |
| 1983 | 7.26 | -1.8% |
| 1984 | 7.25 | -0.2% |
| 1985 | 7.28 | +0.5% |
| 1986 | 7.63 | +4.8% |
| 1987 | 7.9 | +3.6% |
| 1988 | 7.96 | +0.8% |
| 1989 | 8.11 | +1.9% |
| 1990 | 8.28 | +2.0% |
| 1991 | 8.95 | +8.2% |
| 1992 | 9.6 | +7.2% |
| 1993 | 9.44 | -1.6% |
| 1994 | 9.61 | +1.7% |
| 1995 | 9.98 | +3.9% |
| 1996 | 10.3 | +3.2% |
| 1997 | 10.74 | +4.2% |
| 1998 | 11.09 | +3.3% |
| 1999 | 11.46 | +3.4% |
| 2000 | 11.86 | +3.5% |
| 2001 | 12 | +1.2% |
| 2002 | 12.58 | +4.8% |
| 2003 | 13.11 | +4.2% |
| 2004 | 14.72 | +12.3% |
| 2005 | 15.09 | +2.5% |
| 2006 | 16.16 | +7.1% |
| 2007 | 17.03 | +5.4% |
| 2008 | 17.48 | +2.6% |
| 2009 | 17.53 | +0.3% |
| 2010 | 18.59 | +6.0% |
| 2011 | 19.54 | +5.1% |
| 2012 | 20.53 | +5.1% |
| 2013 | 21.68 | +5.6% |
| 2014 | 22.93 | +5.8% |
| 2015 | 23.96 | +4.5% |
| 2016 | 23.9 | -0.3% |
| 2017 | 23.84 | -0.3% |
| 2018 | 24 | +0.7% |
| 2019 | 23.73 | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 3.75 | 2.73 | 4.76 | 10 |
| 1970s | 6.11 | 5.21 | 6.9 | 10 |
| 1980s | 7.56 | 7.25 | 8.11 | 10 |
| 1990s | 9.95 | 8.28 | 11.46 | 10 |
| 2000s | 14.76 | 11.86 | 17.53 | 10 |
| 2010s | 22.27 | 18.59 | 24 | 10 |
Countries ranked near Namibia
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)
- Final consumption expenditure (constant 2015 US$), per capita 4,790 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 4.71 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.19 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 5,813 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 2.2 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 21.33 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 103,994 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate -4.21 % change on previous year (2025)
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 23.73 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Namibia?
- The highest recorded value was 24 in 2018.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Namibia?
- The lowest recorded value was 2.73 in 1960.
- How does Namibia rank for gross domestic product (gdp), constant prices, purchasing power?
- Namibia ranks 142nd 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 up 35.4%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.