Gross National Income — Value Standard Local Currency, annual growth in Namibia
Namibia: Gross National Income — Value Standard Local Currency, annual growth was 9.99 % change on previous year in 2023. ▼ Falling
Gross National Income — Value Standard Local Currency, annual growth in Namibia, 1971–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Namibia recorded 9.99 % change on previous year for gross national income — value standard local currency, annual growth in 2023.
Compared with earlier readings it is down 17.0% on the previous year and down 29.5% over ten years.
Over the whole period, gross national income — value standard local currency, annual growth in Namibia peaked at 28.39 % change on previous year in 1987 and was at its lowest, -1.83 % change on previous year, in 2020.
Namibia ranks 92nd of 231 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 53 years of available data.
Gross National Income — Value Standard Local Currency, annual growth in Namibia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 11.28 % change on previous year | — |
| 1972 | 8.62 % change on previous year | -23.6% |
| 1973 | 13.93 % change on previous year | +61.6% |
| 1974 | 19.53 % change on previous year | +40.2% |
| 1975 | 15.32 % change on previous year | -21.5% |
| 1976 | 13.95 % change on previous year | -9.0% |
| 1977 | 11.07 % change on previous year | -20.6% |
| 1978 | 15.43 % change on previous year | +39.4% |
| 1979 | 18.91 % change on previous year | +22.5% |
| 1980 | 27 % change on previous year | +42.8% |
| 1981 | 14.16 % change on previous year | -47.5% |
| 1982 | 10.68 % change on previous year | -24.6% |
| 1983 | 12.99 % change on previous year | +21.7% |
| 1984 | 7.35 % change on previous year | -43.4% |
| 1985 | 6.25 % change on previous year | -15.0% |
| 1986 | 23.63 % change on previous year | +277.8% |
| 1987 | 28.39 % change on previous year | +20.1% |
| 1988 | 27.18 % change on previous year | -4.2% |
| 1989 | 24.12 % change on previous year | -11.3% |
| 1990 | 14.99 % change on previous year | -37.8% |
| 1991 | 15.82 % change on previous year | +5.5% |
| 1992 | 13.67 % change on previous year | -13.6% |
| 1993 | 17.13 % change on previous year | +25.3% |
| 1994 | 23.67 % change on previous year | +38.2% |
| 1995 | 13.17 % change on previous year | -44.4% |
| 1996 | 15.41 % change on previous year | +17.0% |
| 1997 | 11.32 % change on previous year | -26.5% |
| 1998 | 13 % change on previous year | +14.8% |
| 1999 | 6.77 % change on previous year | -47.9% |
| 2000 | 16.24 % change on previous year | +139.9% |
| 2001 | 11.59 % change on previous year | -28.6% |
| 2002 | 17.23 % change on previous year | +48.7% |
| 2003 | 9.08 % change on previous year | -47.3% |
| 2004 | 10.71 % change on previous year | +17.9% |
| 2005 | 5.2 % change on previous year | -51.5% |
| 2006 | 18.05 % change on previous year | +247.5% |
| 2007 | 12.61 % change on previous year | -30.1% |
| 2008 | 14.11 % change on previous year | +11.9% |
| 2009 | 7 % change on previous year | -50.4% |
| 2010 | 7.64 % change on previous year | +9.0% |
| 2011 | 10.38 % change on previous year | +36.0% |
| 2012 | 17 % change on previous year | +63.7% |
| 2013 | 14.17 % change on previous year | -16.7% |
| 2014 | 14.46 % change on previous year | +2.1% |
| 2015 | 8.75 % change on previous year | -39.5% |
| 2016 | 6.05 % change on previous year | -30.8% |
| 2017 | 8.96 % change on previous year | +48.1% |
| 2018 | 3.51 % change on previous year | -60.8% |
| 2019 | 1.37 % change on previous year | -61.1% |
| 2020 | -1.83 % change on previous year | -234.2% |
| 2021 | 1.64 % change on previous year | -189.5% |
| 2022 | 12.03 % change on previous year | +632.5% |
| 2023 | 9.99 % change on previous year | -17.0% |
Biggest year-on-year movements
Years where Gross National Income — Value Standard Local Currency, annual growth 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 |
|---|---|---|---|
| 2022 | +632.5% | 1.64 % change on previous year | 12.03 % change on previous year |
| 1986 | +277.8% | 6.25 % change on previous year | 23.63 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 14.23 % change on previous year | 8.62 % change on previous year | 19.53 % change on previous year | 9 |
| 1980s | 18.18 % change on previous year | 6.25 % change on previous year | 28.39 % change on previous year | 10 |
| 1990s | 14.5 % change on previous year | 6.77 % change on previous year | 23.67 % change on previous year | 10 |
| 2000s | 12.18 % change on previous year | 5.2 % change on previous year | 18.05 % change on previous year | 10 |
| 2010s | 9.23 % change on previous year | 1.37 % change on previous year | 17 % change on previous year | 10 |
| 2020s | 5.46 % change on previous year | -1.83 % change on previous year | 12.03 % change on previous year | 4 |
Countries ranked near Namibia
- 89 Cabo Verde 10.17 % change on previous year compare
- 90 Mozambique 10.03 % change on previous year compare
- 91 Morocco 10.02 % change on previous year compare
- 93 Benin 9.95 % change on previous year compare
- 94 Belize 9.89 % change on previous year compare
- 95 Poland 9.7 % 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 national income — value standard local currency, annual growth in Namibia?
- Gross national income — value standard local currency, annual growth in Namibia was 9.99 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest gross national income — value standard local currency, annual growth recorded in Namibia?
- The highest recorded value was 28.39 % change on previous year in 1987.
- What is the lowest gross national income — value standard local currency, annual growth recorded in Namibia?
- The lowest recorded value was -1.83 % change on previous year in 2020.
- How does Namibia rank for gross national income — value standard local currency, annual growth?
- Namibia ranks 92nd out of 231 countries with data for 2023.
- Is gross national income — value standard local currency, annual growth rising or falling in Namibia?
- Over the last ten years it is down 29.5%. 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 National Income — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 53 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 National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross National Income — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 National Income — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.