Namibia Economic Indicators
Latest economic indicators and statistics for Namibia.
| Indicator | Current Value | Previous Value | Frequency | Period |
|---|---|---|---|---|
| GDP | $13.37B | $12.41B | Yearly | 2024 |
| GDP Annual Growth Rate | 3.71% | 4.44% | Yearly | 2024 |
| GDP per Capita | $4,034.35 | $3,977.98 | Yearly | 2024 |
| GDP per Capita PPP | $10,281.34 | $10,137.67 | Yearly | 2024 |
| R&D Expenditure (% GDP) | 0.65% | 0.35% | Yearly | 2022 |
| Real GDP | $12.22B | $11.79B | Yearly | 2024 |
| Annual Inflation Rate | 4.24% | 5.88% | Yearly | 2024 |
| Annual Unemployment Rate | 19.15% | 19.36% | Yearly | 2024 |
| Female Labor Force Rate | 55.43% | 55.41% | Yearly | 2024 |
| Annual Exports | $6.54B | $5.53B | Yearly | 2024 |
| Annual Imports | $8.88B | $7.3B | Yearly | 2024 |
| Exports (% GDP) | 41.64% | 43.63% | Yearly | 2024 |
| FDI Inflows (% GDP) | 15.41% | 18.49% | Yearly | 2024 |
| Imports (% GDP) | 67.98% | 67.14% | Yearly | 2024 |
| Net Trade (Goods & Services, BoP) | -$3.31B | -$2.71B | Yearly | 2024 |
| Tariff Rate | 7.09% | 6.73% | Yearly | 2022 |
| Trade (% GDP) | 109.63% | 110.77% | Yearly | 2024 |
| Private Credit (% GDP) | 61.02% | 68.85% | Yearly | 2022 |
| Adult Literacy Rate | 92.2% | 88% | Yearly | 2021 |
| Happiness Index | 4.91 points | 4.83 points | Yearly | 2024 |
| Homicide Rate | 12.45 | 12.17 | Yearly | 2021 |
| Population | 3.03M | 2.96M | Yearly | 2024 |
| Primary Enrollment Rate | 133.53% | 134.11% | Yearly | 2022 |
| Agricultural Land (%) | 47.14% | 47.14% | Yearly | 2022 |
| Annual CO2 Emissions | 4.17M tonnes | 4.08M tonnes | Yearly | 2023 |
| Forest Area (%) | 7.89% | 7.98% | Yearly | 2022 |
| Corruption Control | 0.11 points | 0.22 points | Yearly | 2023 |
| Political stability index | 0.54 points | 0.56 points | Yearly | 2023 |
| Infant Mortality Rate | 38.4 | 39.7 | Yearly | 2023 |
| Life Expectancy | 67.39 | 64.19 | Yearly | 2023 |
| Physicians per 1,000 people | 0.54 | 0.47 | Yearly | 2022 |
| Electricity Access | 56.7% | 56.2% | Yearly | 2023 |
| Internet Users | 64.4% | 61.1% | Yearly | 2023 |
| Travel Earnings | $155M | $451M | Yearly | 2020 |
| Visitor Arrivals | 187,100 | 1.65M | Yearly | 2020 |