Gross Domestic Product, GDP in millions constant 2021 international $ in Namibia
Namibia: Gross Domestic Product, GDP in millions constant 2021 international $ was 2.92 % change on previous year in 2027. ◆ Volatile
Gross Domestic Product, GDP in millions constant 2021 international $ in Namibia, 1992–2027
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross domestic product, gdp in millions constant 2021 international $ in Namibia is 2.92 % change on previous year, measured in 2027.
Compared with earlier readings it is down 24.0% on the previous year and up 384.2% over ten years.
Over the whole period, gross domestic product, gdp in millions constant 2021 international $ in Namibia peaked at 12.27 % change on previous year in 2004 and was at its lowest, -8.1 % change on previous year, in 2020.
Namibia ranks 102nd of 189 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.
Gross Domestic Product, GDP in millions constant 2021 international $ in Namibia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1992 | 7.19 % change on previous year | — |
| 1993 | -1.58 % change on previous year | -122.0% |
| 1994 | 1.73 % change on previous year | -209.6% |
| 1995 | 3.9 % change on previous year | +125.3% |
| 1996 | 3.19 % change on previous year | -18.2% |
| 1997 | 4.22 % change on previous year | +32.3% |
| 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 | +3.6% |
| 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 | +179.7% |
| 2007 | 5.37 % change on previous year | -24.0% |
| 2008 | 2.65 % change on previous year | -50.7% |
| 2009 | 0.2959 % change on previous year | -88.8% |
| 2010 | 6.04 % change on previous year | +1941.2% |
| 2011 | 5.09 % change on previous year | -15.7% |
| 2012 | 5.06 % change on previous year | -0.6% |
| 2013 | 5.61 % change on previous year | +10.9% |
| 2014 | 6.09 % change on previous year | +8.5% |
| 2015 | 4.26 % change on previous year | -30.0% |
| 2016 | 0.0336 % change on previous year | -99.2% |
| 2017 | -1.03 % change on previous year | -3158.8% |
| 2018 | 1.06 % change on previous year | -203.2% |
| 2019 | -0.839 % change on previous year | -179.2% |
| 2020 | -8.1 % change on previous year | +865.5% |
| 2021 | 3.6 % change on previous year | -144.5% |
| 2022 | 5.4 % change on previous year | +49.8% |
| 2023 | 4.44 % change on previous year | -17.7% |
| 2024 | 3.71 % change on previous year | -16.5% |
| 2025 | 3.6 % change on previous year | -3.1% |
| 2026 | 3.84 % change on previous year | +6.9% |
| 2027 | 2.92 % change on previous year | -24.0% |
Biggest year-on-year movements
Years where Gross Domestic Product, GDP in millions constant 2021 international $ 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 |
|---|---|---|---|
| 2017 | -3158.8% | 0.0336 % change on previous year | -1.03 % change on previous year |
| 2010 | +1941.2% | 0.2959 % change on previous year | 6.04 % change on previous year |
| 2020 | -865.5% | -0.839 % change on previous year | -8.1 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.16 % change on previous year | -1.58 % change on previous year | 7.19 % change on previous year | 8 |
| 2000s | 4.39 % change on previous year | 0.2959 % change on previous year | 12.27 % change on previous year | 10 |
| 2010s | 3.14 % change on previous year | -1.03 % change on previous year | 6.09 % change on previous year | 10 |
| 2020s | 2.43 % change on previous year | -8.1 % change on previous year | 5.4 % change on previous year | 8 |
Countries ranked near Namibia
- 99 Myanmar 2.98 % change on previous year compare
- 100 South Sudan 2.98 % change on previous year compare
- 101 Solomon Islands 2.95 % change on previous year compare
- 103 Poland 2.86 % change on previous year compare
- 104 Cyprus 2.84 % change on previous year compare
- 105 Bulgaria 2.81 % 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 44.40 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 14.65 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.93 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -15.67 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1418 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 638.56 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product, gdp in millions constant 2021 international $ in Namibia?
- Gross domestic product, gdp in millions constant 2021 international $ in Namibia was 2.92 % change on previous year in 2027, according to Statizoid (derived).
- What is the highest gross domestic product, gdp in millions constant 2021 international $ recorded in Namibia?
- The highest recorded value was 12.27 % change on previous year in 2004.
- What is the lowest gross domestic product, gdp in millions constant 2021 international $ recorded in Namibia?
- The lowest recorded value was -8.1 % change on previous year in 2020.
- How does Namibia rank for gross domestic product, gdp in millions constant 2021 international $?
- Namibia ranks 102nd out of 189 countries with data for 2027.
- Is gross domestic product, gdp in millions constant 2021 international $ rising or falling in Namibia?
- Over the last ten years it is up 384.2%. 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 in millions constant 2021 international $ at PPP (ILO modelled estimates), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Gross Domestic Product, GDP in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product, GDP in millions constant 2021 international $ International Labour Organization
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 in millions constant 2021 international $ at PPP (ILO modelled estimates). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.