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Namibia GDPNamibia GDPNamibia GDP

Namibia GDP

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Key data points


Last release
—
Observation period
2023
Next release
—
Forecast
—
Highest
‪13.68 B‬ USD on Dec 31, 2018
Lowest
‪1.61 B‬ USD on Dec 31, 1985

About Namibia GDP


Category
GDP
Source
World Bank
Frequency
Annual
Units
USD
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.

Namibia in figures — see more economic indicators tied to NAGDP.
NAFYGDPG
Full Year GDP Growth
NAGDP
GDP
NAGDPA
GDP From Agriculture
NAGDPC
GDP From Construction
NAGDPCP
Real GDP
NAGDPMAN
GDP From Manufacturing
NAGDPMIN
GDP From Mining
NAGDPPA
GDP From Public Administration
NAGDPPC
GDP Per Capita
NAGDPPCP
GDP Per Capita PPP
NAGDPQQ
GDP Growth Rate
NAGDPS
GDP From Services
NAGDPT
GDP From Transport
NAGDPU
GDP From Utilities
NAGDPYY
GDP Growth
NAGFCF
Gross Fixed Capital Formation
NAGNP
Gross National Product

Frequently Asked Questions


One of the ways to count Namibia GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2023 Namibia GDP was 12.35 B USD, and the year before it reached 12.57 B USD.
Namibia GDP accounts for 0.01% of the world GDP.
In 2023 Namibia GDP per capita was ‪3.97 K‬ USD, and in 2022 it reached ‪3.90 K‬ USD. GDP per capita is gross domestic product divided by a country's population.
Last quarter Namibia real GDP was ‪41.11 B‬ USD, the quarter before it reached ‪38.20 B‬ USD.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Namibia GDP has ever reached is 13.68 B USD.
The lowest ever value Namibia GDP has reached is 1.61 B USD.