Merchandise trade as a proportion of GDP in Namibia
Namibia: Merchandise trade as a proportion of GDP was 115.4% in 2024. ▲ Rising
Merchandise trade as a proportion of GDP in Namibia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, merchandise trade as a proportion of gdp in Namibia stood at 115.4%. That is the highest value across all 25 years on record.
That represents a change of up 11.6% on the previous year and up 9.2% over ten years.
Over the whole period, merchandise trade as a proportion of gdp in Namibia peaked at 115.4% in 2024 and was at its lowest, 63.9%, in 2004.
That places Namibia 18th out of 188 countries with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 25 years of available data.
Merchandise trade as a proportion of GDP in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 73.2% | — |
| 2001 | 76.6% | +4.7% |
| 2002 | 75.9% | -1.0% |
| 2003 | 65.8% | -13.3% |
| 2004 | 63.9% | -2.9% |
| 2005 | 64.1% | +0.3% |
| 2006 | 69.1% | +7.8% |
| 2007 | 72.9% | +5.4% |
| 2008 | 86.9% | +19.3% |
| 2009 | 90.9% | +4.6% |
| 2010 | 83.9% | -7.7% |
| 2011 | 87.8% | +4.6% |
| 2012 | 89.3% | +1.7% |
| 2013 | 101.7% | +13.9% |
| 2014 | 105.6% | +3.8% |
| 2015 | 103.8% | -1.7% |
| 2016 | 100.3% | -3.3% |
| 2017 | 93.1% | -7.2% |
| 2018 | 115.3% | +23.8% |
| 2019 | 87.2% | -24.4% |
| 2020 | 84.1% | -3.5% |
| 2021 | 87.0% | +3.4% |
| 2022 | 108.4% | +24.5% |
| 2023 | 103.4% | -4.6% |
| 2024 | 115.4% | +11.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 73.9% | 63.9% | 90.9% | 10 |
| 2010s | 96.8% | 83.9% | 115.3% | 10 |
| 2020s | 99.7% | 84.1% | 115.4% | 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)
- Services, value added (constant LCU), per capita 30,755 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 6.06 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 10.76 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9092 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 4,433 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 8.1 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 16.26 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 79,306 current LCU per person (2025)
Frequently asked questions
- What is merchandise trade as a proportion of gdp in Namibia?
- Merchandise trade as a proportion of gdp in Namibia was 115.4% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest merchandise trade as a proportion of gdp recorded in Namibia?
- The highest recorded value was 115.4% in 2024.
- What is the lowest merchandise trade as a proportion of gdp recorded in Namibia?
- The lowest recorded value was 63.9% in 2004.
- How does Namibia rank for merchandise trade as a proportion of gdp?
- Namibia ranks 18th out of 188 countries with data for 2024.
- Is merchandise trade as a proportion of gdp rising or falling in Namibia?
- Over the last ten years it is up 9.2%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Merchandise trade as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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