Gross National Income — Value US$, annual growth rate in Namibia

Namibia: Gross National Income — Value US$, annual growth rate was -2.48 % change on previous year in 2023. ◆ Volatile

Latest (2023)
-2.48 % change on previous year
Change on year
down 301.7%
World rank
201st
of 236 countries
All-time high
51.99 % change on previous year
in 2003
All-time low
-29.67 % change on previous year
in 1985
Years of data
53
1971–2023

Gross National Income — Value US$, annual growth rate in Namibia, 1971–2023

-200204060197119972023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

Namibia recorded -2.48 % change on previous year for gross national income — value us$, annual growth rate in 2023.

That represents a change of down 301.7% on the previous year and up 39.0% over ten years.

Over the whole period, gross national income — value us$, annual growth rate in Namibia peaked at 51.99 % change on previous year in 2003 and was at its lowest, -29.67 % change on previous year, in 1985.

That places Namibia 201st out of 236 countries with data for 2023, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Gross National Income — Value US$, annual growth rate in Namibia, year by year

Annual values for Gross National Income — Value US$, annual growth rate in Namibia, 1971 to 2023.
Year % change on previous year Change
1971 11.81 % change on previous year
1972 0.2171 % change on previous year -98.2%
1973 26.85 % change on previous year +12263.7%
1974 22.11 % change on previous year -17.7%
1975 5.96 % change on previous year -73.0%
1976 -3.09 % change on previous year -151.9%
1977 11.07 % change on previous year -458.1%
1978 15.44 % change on previous year +39.4%
1979 22.8 % change on previous year +47.7%
1980 37.31 % change on previous year +63.6%
1981 1.32 % change on previous year -96.5%
1982 -10.55 % change on previous year -899.6%
1983 10.13 % change on previous year -196.0%
1984 -18.93 % change on previous year -286.9%
1985 -29.67 % change on previous year +56.7%
1986 20.58 % change on previous year -169.4%
1987 44.09 % change on previous year +114.3%
1988 13.9 % change on previous year -68.5%
1989 7.59 % change on previous year -45.4%
1990 16.57 % change on previous year +118.3%
1991 8.52 % change on previous year -48.6%
1992 10.06 % change on previous year +18.0%
1993 2.23 % change on previous year -77.9%
1994 13.81 % change on previous year +520.3%
1995 10.79 % change on previous year -21.9%
1996 -2.63 % change on previous year -124.4%
1997 3.87 % change on previous year -246.9%
1998 -5.81 % change on previous year -250.3%
1999 -3.39 % change on previous year -41.8%
2000 2.33 % change on previous year -168.9%
2001 -10.05 % change on previous year -530.8%
2002 -4.25 % change on previous year -57.7%
2003 51.99 % change on previous year -1323.3%
2004 29.65 % change on previous year -43.0%
2005 6.56 % change on previous year -77.9%
2006 11.25 % change on previous year +71.5%
2007 8.03 % change on previous year -28.7%
2008 -2.45 % change on previous year -130.5%
2009 3.6 % change on previous year -247.0%
2010 25.15 % change on previous year +598.5%
2011 10.84 % change on previous year -56.9%
2012 4.24 % change on previous year -60.9%
2013 -4.06 % change on previous year -195.7%
2014 2.93 % change on previous year -172.1%
2015 -8.46 % change on previous year -389.2%
2016 -7.12 % change on previous year -15.9%
2017 20.38 % change on previous year -386.3%
2018 4.13 % change on previous year -79.7%
2019 -7.16 % change on previous year -273.2%
2020 -13.85 % change on previous year +93.5%
2021 13.23 % change on previous year -195.5%
2022 1.23 % change on previous year -90.7%
2023 -2.48 % change on previous year -301.7%

Biggest year-on-year movements

Years where Gross National Income — Value US$, annual growth rate 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.

YearChange FromTo
1973 +12263.7% 0.2171 % change on previous year 26.85 % change on previous year
2003 +1323.3% -4.25 % change on previous year 51.99 % change on previous year
1982 -899.6% 1.32 % change on previous year -10.55 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 12.57 % change on previous year -3.09 % change on previous year 26.85 % change on previous year 9
1980s 7.58 % change on previous year -29.67 % change on previous year 44.09 % change on previous year 10
1990s 5.4 % change on previous year -5.81 % change on previous year 16.57 % change on previous year 10
2000s 9.67 % change on previous year -10.05 % change on previous year 51.99 % change on previous year 10
2010s 4.09 % change on previous year -8.46 % change on previous year 25.15 % change on previous year 10
2020s -0.4666 % change on previous year -13.85 % change on previous year 13.23 % change on previous year 4

Countries ranked near Namibia

  1. 198 Papua New Guinea -2.06 % change on previous year compare
  2. 199 Bangladesh -2.39 % change on previous year compare
  3. 200 Gabon -2.46 % change on previous year compare
  4. 202 Israel -2.72 % change on previous year compare
  5. 203 Saudi Arabia -3.7 % change on previous year compare
  6. 204 Eritrea -4.53 % change on previous year compare

See the full ranking of 266 places →

More economy & growth data for Namibia

All data for Namibia →

Frequently asked questions

What is gross national income — value us$, annual growth rate in Namibia?
Gross national income — value us$, annual growth rate in Namibia was -2.48 % change on previous year in 2023, according to Statizoid (derived).
What is the highest gross national income — value us$, annual growth rate recorded in Namibia?
The highest recorded value was 51.99 % change on previous year in 2003.
What is the lowest gross national income — value us$, annual growth rate recorded in Namibia?
The lowest recorded value was -29.67 % change on previous year in 1985.
How does Namibia rank for gross national income — value us$, annual growth rate?
Namibia ranks 201st out of 236 countries with data for 2023.
Is gross national income — value us$, annual growth rate rising or falling in Namibia?
Over the last ten years it is up 39.0%. 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 National Income — Value US$, annual growth rate. Statizoid updates them automatically from the source API.

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Gross National Income — Value US$, annual growth rate in Namibia. Statizoid, drawing on Statizoid (derived). Retrieved 23 September 2026, from https://economy.statizoid.com/stat/gross-national-income-value-us-annual-growth-rate/namibia/

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How this figure is calculated

The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

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

Indicator
Gross National Income — Value US$, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
266 places, 13,049 data points, 1971–2023
Last refreshed

The year-on-year percentage change in Gross National Income — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.