Gross domestic product (GDP), Current prices, Domestic currency in Namibia
Namibia: Gross domestic product (GDP), Current prices, Domestic currency was 0.351 % change on previous year in 2019. ▼ Falling
Gross domestic product (GDP), Current prices, Domestic currency in Namibia, 1961–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2019, gross domestic product (gdp), current prices, domestic currency in Namibia stood at 0.351 % change on previous year.
The figure is down 93.0% on the previous year and down 95.2% over ten years.
Over the whole period, gross domestic product (gdp), current prices, domestic currency in Namibia peaked at 31.81 % change on previous year in 1980 and was at its lowest, -0.5901 % change on previous year, in 1967.
That places Namibia 178th out of 194 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 59 years of available data.
Gross domestic product (GDP), Current prices, Domestic currency in Namibia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 2.36 % change on previous year | — |
| 1962 | 13.69 % change on previous year | +479.4% |
| 1963 | 9.81 % change on previous year | -28.3% |
| 1964 | 17.74 % change on previous year | +80.8% |
| 1965 | 9.79 % change on previous year | -44.8% |
| 1966 | 8.89 % change on previous year | -9.2% |
| 1967 | -0.5901 % change on previous year | -106.6% |
| 1968 | 5.05 % change on previous year | -956.4% |
| 1969 | 9.22 % change on previous year | +82.5% |
| 1970 | 7.47 % change on previous year | -19.0% |
| 1971 | 11.2 % change on previous year | +50.0% |
| 1972 | 8.57 % change on previous year | -23.5% |
| 1973 | 13.85 % change on previous year | +61.6% |
| 1974 | 19.59 % change on previous year | +41.4% |
| 1975 | 16.07 % change on previous year | -17.9% |
| 1976 | 12.88 % change on previous year | -19.8% |
| 1977 | 11.18 % change on previous year | -13.2% |
| 1978 | 15.22 % change on previous year | +36.2% |
| 1979 | 19.64 % change on previous year | +29.0% |
| 1980 | 31.81 % change on previous year | +62.0% |
| 1981 | 4.53 % change on previous year | -85.8% |
| 1982 | 16.53 % change on previous year | +265.0% |
| 1983 | 11.23 % change on previous year | -32.0% |
| 1984 | 12.45 % change on previous year | +10.8% |
| 1985 | 24.54 % change on previous year | +97.2% |
| 1986 | 15.31 % change on previous year | -37.6% |
| 1987 | 13.28 % change on previous year | -13.3% |
| 1988 | 21.15 % change on previous year | +59.2% |
| 1989 | 17.22 % change on previous year | -18.6% |
| 1990 | 8.56 % change on previous year | -50.3% |
| 1991 | 14.65 % change on previous year | +71.2% |
| 1992 | 18.2 % change on previous year | +24.2% |
| 1993 | 7.68 % change on previous year | -57.8% |
| 1994 | 22.78 % change on previous year | +196.8% |
| 1995 | 10.74 % change on previous year | -52.9% |
| 1996 | 18.62 % change on previous year | +73.4% |
| 1997 | 11.45 % change on previous year | -38.5% |
| 1998 | 11.9 % change on previous year | +3.9% |
| 1999 | 10.29 % change on previous year | -13.5% |
| 2000 | 14.04 % change on previous year | +36.4% |
| 2001 | 12.49 % change on previous year | -11.0% |
| 2002 | 15.36 % change on previous year | +23.0% |
| 2003 | 5.43 % change on previous year | -64.7% |
| 2004 | 15 % change on previous year | +176.5% |
| 2005 | 8.18 % change on previous year | -45.5% |
| 2006 | 17.15 % change on previous year | +109.6% |
| 2007 | 16.07 % change on previous year | -6.3% |
| 2008 | 13.85 % change on previous year | -13.9% |
| 2009 | 7.28 % change on previous year | -47.4% |
| 2010 | 9.82 % change on previous year | +34.9% |
| 2011 | 9.09 % change on previous year | -7.4% |
| 2012 | 18.59 % change on previous year | +104.6% |
| 2013 | 9.59 % change on previous year | -48.4% |
| 2014 | 14.41 % change on previous year | +50.2% |
| 2015 | 8.38 % change on previous year | -41.8% |
| 2016 | 8.04 % change on previous year | -4.1% |
| 2017 | 8.06 % change on previous year | +0.3% |
| 2018 | 5.03 % change on previous year | -37.7% |
| 2019 | 0.351 % change on previous year | -93.0% |
Namibia compared with similar countries
- Namibia's 0.351 % change on previous year is below the median for lower middle income countries, which is 7.38 % change on previous year, 5% of the median. (46 countries reporting)
- Namibia's 0.351 % change on previous year is below the median for Sub-Saharan Africa, which is 6.4 % change on previous year, 5% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Gross domestic product (GDP), Current prices, Domestic currency 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.
| Year | Change | From | To |
|---|---|---|---|
| 1968 | +956.4% | -0.5901 % change on previous year | 5.05 % change on previous year |
| 1962 | +479.4% | 2.36 % change on previous year | 13.69 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 8.44 % change on previous year | -0.5901 % change on previous year | 17.74 % change on previous year | 9 |
| 1970s | 13.57 % change on previous year | 7.47 % change on previous year | 19.64 % change on previous year | 10 |
| 1980s | 16.81 % change on previous year | 4.53 % change on previous year | 31.81 % change on previous year | 10 |
| 1990s | 13.49 % change on previous year | 7.68 % change on previous year | 22.78 % change on previous year | 10 |
| 2000s | 12.49 % change on previous year | 5.43 % change on previous year | 17.15 % change on previous year | 10 |
| 2010s | 9.14 % change on previous year | 0.351 % change on previous year | 18.59 % change on previous year | 10 |
Countries ranked near Namibia
- 175 Nicaragua 0.6082 % change on previous year compare
- 176 Norway 0.4105 % change on previous year compare
- 177 Brunei 0.406 % change on previous year compare
- 179 Ecuador -0.1171 % change on previous year compare
- 180 Algeria -0.1173 % change on previous year compare
- 181 United Arab Emirates -0.2535 % change on previous year compare
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)
- IMF holdings of currency, SDR, annual growth rate -28.58 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0158 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 77.2 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0285 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 138.84 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp), current prices, domestic currency in Namibia?
- Gross domestic product (gdp), current prices, domestic currency in Namibia was 0.351 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross domestic product (gdp), current prices, domestic currency recorded in Namibia?
- The highest recorded value was 31.81 % change on previous year in 1980.
- What is the lowest gross domestic product (gdp), current prices, domestic currency recorded in Namibia?
- The lowest recorded value was -0.5901 % change on previous year in 1967.
- How does Namibia rank for gross domestic product (gdp), current prices, domestic currency?
- Namibia ranks 178th out of 194 countries with data for 2019.
- Is gross domestic product (gdp), current prices, domestic currency rising or falling in Namibia?
- Over the last ten years it is down 95.2%. The long-run trend across the full record is falling.
- Where does this Namibia data come from?
- The figures come from Statizoid (derived), published as part of Gross domestic product (GDP), Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 59 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross domestic product (GDP), Current prices, Domestic currency International Monetary Fund
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
The year-on-year percentage change in Gross domestic product (GDP), Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.