Gross Domestic Product — Value US$, 2015 prices in Namibia
Namibia: Gross Domestic Product — Value US$, 2015 prices was 12,186 million USD in 2024. ◆ Volatile
Gross Domestic Product — Value US$, 2015 prices in Namibia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross domestic product — value us$, 2015 prices in Namibia is 12,186 million USD, measured in 2024. That is the highest value across all 55 years on record.
That represents a change of up 3.7% on the previous year and up 12.1% over ten years.
Over the whole period, gross domestic product — value us$, 2015 prices in Namibia peaked at 12,186 million USD in 2024 and was at its lowest, 2,450 million USD, in 1970.
That places Namibia 161st out of 236 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, 2015 prices in Namibia, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 2,450 million USD | — |
| 1971 | 2,579 million USD | +5.2% |
| 1972 | 2,630 million USD | +2.0% |
| 1973 | 2,733 million USD | +3.9% |
| 1974 | 2,928 million USD | +7.1% |
| 1975 | 2,994 million USD | +2.2% |
| 1976 | 3,038 million USD | +1.5% |
| 1977 | 3,039 million USD | +0.0% |
| 1978 | 3,126 million USD | +2.9% |
| 1979 | 3,245 million USD | +3.8% |
| 1980 | 3,478 million USD | +7.2% |
| 1981 | 3,512 million USD | +1.0% |
| 1982 | 3,498 million USD | -0.4% |
| 1983 | 3,434 million USD | -1.8% |
| 1984 | 3,426 million USD | -0.2% |
| 1985 | 3,442 million USD | +0.5% |
| 1986 | 3,606 million USD | +4.8% |
| 1987 | 3,734 million USD | +3.6% |
| 1988 | 3,764 million USD | +0.8% |
| 1989 | 3,834 million USD | +1.9% |
| 1990 | 3,913 million USD | +2.0% |
| 1991 | 4,232 million USD | +8.2% |
| 1992 | 4,536 million USD | +7.2% |
| 1993 | 4,465 million USD | -1.6% |
| 1994 | 4,542 million USD | +1.7% |
| 1995 | 4,719 million USD | +3.9% |
| 1996 | 4,870 million USD | +3.2% |
| 1997 | 5,075 million USD | +4.2% |
| 1998 | 5,242 million USD | +3.3% |
| 1999 | 5,419 million USD | +3.4% |
| 2000 | 5,608 million USD | +3.5% |
| 2001 | 5,674 million USD | +1.2% |
| 2002 | 5,946 million USD | +4.8% |
| 2003 | 6,198 million USD | +4.2% |
| 2004 | 6,958 million USD | +12.3% |
| 2005 | 7,134 million USD | +2.5% |
| 2006 | 7,639 million USD | +7.1% |
| 2007 | 8,049 million USD | +5.4% |
| 2008 | 8,263 million USD | +2.6% |
| 2009 | 8,287 million USD | +0.3% |
| 2010 | 8,788 million USD | +6.0% |
| 2011 | 9,235 million USD | +5.1% |
| 2012 | 9,702 million USD | +5.1% |
| 2013 | 10,247 million USD | +5.6% |
| 2014 | 10,872 million USD | +6.1% |
| 2015 | 11,335 million USD | +4.3% |
| 2016 | 11,339 million USD | +0.0% |
| 2017 | 11,222 million USD | -1.0% |
| 2018 | 11,342 million USD | +1.1% |
| 2019 | 11,246 million USD | -0.8% |
| 2020 | 10,335 million USD | -8.1% |
| 2021 | 10,708 million USD | +3.6% |
| 2022 | 11,280 million USD | +5.4% |
| 2023 | 11,750 million USD | +4.2% |
| 2024 | 12,186 million USD | +3.7% |
Namibia compared with similar countries
- Namibia's 12,186 million USD is below the median for lower middle income countries, which is 23,018 million USD, 53% of the median. (44 countries reporting)
- Namibia's 12,186 million USD is below the median for Sub-Saharan Africa, which is 15,260 million USD, 80% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2,876 million USD | 2,450 million USD | 3,245 million USD | 10 |
| 1980s | 3,573 million USD | 3,426 million USD | 3,834 million USD | 10 |
| 1990s | 4,701 million USD | 3,913 million USD | 5,419 million USD | 10 |
| 2000s | 6,976 million USD | 5,608 million USD | 8,287 million USD | 10 |
| 2010s | 10,533 million USD | 8,788 million USD | 11,342 million USD | 10 |
| 2020s | 11,252 million USD | 10,335 million USD | 12,186 million USD | 5 |
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)
- SDRs holdings, US dollar, annual growth rate 2.35 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 74.4 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.53 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 54.32 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -25 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0217 units per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic product — value us$, 2015 prices in Namibia?
- Gross domestic product — value us$, 2015 prices in Namibia was 12,186 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value us$, 2015 prices recorded in Namibia?
- The highest recorded value was 12,186 million USD in 2024.
- What is the lowest gross domestic product — value us$, 2015 prices recorded in Namibia?
- The lowest recorded value was 2,450 million USD in 1970.
- How does Namibia rank for gross domestic product — value us$, 2015 prices?
- Namibia ranks 161st out of 236 countries with data for 2024.
- Is gross domestic product — value us$, 2015 prices rising or falling in Namibia?
- Over the last ten years it is up 12.1%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Domestic Product — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
Download this data
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).