Total factor productivity in Namibia
Namibia: Total factor productivity was 0.9912 in 2023. ▼ Falling
Latest (2023)
0.9912
Change on year
down 1.3%
World rank
64th
of 120 countries
All-time high
1.4
in 1964
All-time low
0.9912
in 2023
Years of data
60
1964–2023
Total factor productivity in Namibia, 1964–2023
Source: Our World in Data.
Analysis
In 2023, total factor productivity in Namibia stood at 0.9912. That is the lowest value across all 60 years on record.
Compared with earlier readings it is down 1.3% on the previous year and down 18.6% over ten years.
Over the whole period, total factor productivity in Namibia peaked at 1.4 in 1964 and was at its lowest, 0.9912, in 2023.
Namibia ranks 64th of 120 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 60 years of available data.
Total factor productivity in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 1964 | 1.4 | — |
| 1965 | 1.38 | -1.7% |
| 1966 | 1.37 | -0.5% |
| 1967 | 1.31 | -4.2% |
| 1968 | 1.28 | -2.3% |
| 1969 | 1.29 | +0.8% |
| 1970 | 1.34 | +3.5% |
| 1971 | 1.35 | +0.5% |
| 1972 | 1.31 | -2.5% |
| 1973 | 1.31 | -0.4% |
| 1974 | 1.35 | +3.5% |
| 1975 | 1.34 | -0.8% |
| 1976 | 1.31 | -2.2% |
| 1977 | 1.26 | -3.6% |
| 1978 | 1.25 | -0.8% |
| 1979 | 1.26 | +0.6% |
| 1980 | 1.31 | +3.6% |
| 1981 | 1.27 | -2.6% |
| 1982 | 1.24 | -2.6% |
| 1983 | 1.19 | -4.3% |
| 1984 | 1.14 | -3.7% |
| 1985 | 1.11 | -2.9% |
| 1986 | 1.13 | +1.7% |
| 1987 | 1.13 | +0.0% |
| 1988 | 1.1 | -3.0% |
| 1989 | 1.07 | -2.4% |
| 1990 | 1.05 | -2.3% |
| 1991 | 1.11 | +6.0% |
| 1992 | 1.16 | +4.9% |
| 1993 | 1.11 | -4.3% |
| 1994 | 1.09 | -1.8% |
| 1995 | 1.13 | +3.2% |
| 1996 | 1.16 | +2.8% |
| 1997 | 1.21 | +4.8% |
| 1998 | 1.22 | +0.0% |
| 1999 | 1.23 | +1.0% |
| 2000 | 1.25 | +1.9% |
| 2001 | 1.23 | -1.9% |
| 2002 | 1.24 | +1.5% |
| 2003 | 1.27 | +1.7% |
| 2004 | 1.38 | +9.2% |
| 2005 | 1.35 | -2.0% |
| 2006 | 1.37 | +1.3% |
| 2007 | 1.37 | +0.0% |
| 2008 | 1.33 | -3.2% |
| 2009 | 1.25 | -5.8% |
| 2010 | 1.25 | -0.1% |
| 2011 | 1.27 | +1.3% |
| 2012 | 1.26 | -0.6% |
| 2013 | 1.22 | -3.3% |
| 2014 | 1.08 | -11.0% |
| 2015 | 1.1 | +1.7% |
| 2016 | 1.09 | -0.6% |
| 2017 | 1.07 | -2.3% |
| 2018 | 1.07 | -0.4% |
| 2019 | 1.05 | -1.7% |
| 2020 | 0.9991 | -4.6% |
| 2021 | 1 | +0.1% |
| 2022 | 1 | +0.5% |
| 2023 | 0.9912 | -1.3% |
Namibia compared with similar countries
- Namibia's 0.9912 is below the median for lower middle income countries, which is 0.9979, 99% of the median. (26 countries reporting)
- Namibia's 0.9912 is above the median for Sub-Saharan Africa, which is 0.983, 1.0× the median. (27 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.34 | 1.28 | 1.4 | 6 |
| 1970s | 1.31 | 1.25 | 1.35 | 10 |
| 1980s | 1.17 | 1.07 | 1.31 | 10 |
| 1990s | 1.15 | 1.05 | 1.23 | 10 |
| 2000s | 1.3 | 1.23 | 1.38 | 10 |
| 2010s | 1.15 | 1.05 | 1.27 | 10 |
| 2020s | 0.9987 | 0.9912 | 1 | 4 |
Countries ranked near Namibia
More economy & growth data for Namibia
- Real gdp growth, annual growth rate -16.45 % change on previous year (2024)
- 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)
Frequently asked questions
- What is total factor productivity in Namibia?
- Total factor productivity in Namibia was 0.9912 in 2023, according to Our World in Data.
- What is the highest total factor productivity recorded in Namibia?
- The highest recorded value was 1.4 in 1964.
- What is the lowest total factor productivity recorded in Namibia?
- The lowest recorded value was 0.9912 in 2023.
- How does Namibia rank for total factor productivity?
- Namibia ranks 64th out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Namibia?
- Over the last ten years it is down 18.6%. The long-run trend across the full record is falling.
- Where does this Namibia data come from?
- The figures come from Our World in Data, published as part of Total factor productivity. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 60 observations, free to reuse under CC BY 4.0 (Our World in Data).