GDP growth in Namibia

Namibia: GDP growth was 3.7% in 2024. β—† Volatile

Latest (2024)
3.7%
Change on year
down 16.5%
World rank
83rd
of 209 countries
All-time high
12.3%
in 2004
All-time low
-8.1%
in 2020
Years of data
44
1981–2024

GDP growth in Namibia, 1981–2024

-10-505101981200220241981: 0.971 annual %1982: -0.398 annual %1983: -1.8 annual %1984: -0.237 annual %1985: 0.464 annual %1986: 4.8 annual %1987: 3.6 annual %1988: 0.813 annual %1989: 1.9 annual %1990: 2 annual %1991: 8.2 annual %1992: 7.2 annual %1993: -1.6 annual %1994: 1.7 annual %1995: 3.9 annual %1996: 3.2 annual %1997: 4.2 annual %1998: 3.3 annual %1999: 3.4 annual %2000: 3.5 annual %2001: 1.2 annual %2002: 4.8 annual %2003: 4.2 annual %2004: 12.3 annual %2005: 2.5 annual %2006: 7.1 annual %2007: 5.4 annual %2008: 2.6 annual %2009: 0.296 annual %2010: 6 annual %2011: 5.1 annual %2012: 5.1 annual %2013: 5.6 annual %2014: 6.1 annual %2015: 4.3 annual %2016: 0.034 annual %2017: -1 annual %2018: 1.1 annual %2019: -0.839 annual %2020: -8.1 annual %2021: 3.6 annual %2022: 5.4 annual %2023: 4.4 annual %2024: 3.7 annual %

Source: UNESCO Institute for Statistics. Measured in annual %.

Analysis

The most recent figure for gdp growth in Namibia is 3.7%, measured in 2024.

Compared with earlier readings it is down 16.5% on the previous year and down 39.1% over ten years.

Over the whole period, gdp growth in Namibia peaked at 12.3% in 2004 and was at its lowest, -8.1%, in 2020.

Namibia ranks 83rd of 209 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1980s 1.1% -1.8% 4.8% 9
1990s 3.6% -1.6% 8.2% 10
2000s 4.4% 0.3% 12.3% 10
2010s 3.1% -1.0% 6.1% 10
2020s 1.8% -8.1% 5.4% 5

Countries ranked near Namibia

  1. 80 Croatia 3.8% compare
  2. 81 Barbados 3.8% compare
  3. 82 United Arab Emirates 3.8% compare
  4. 84 Grenada 3.7% compare
  5. 85 Denmark 3.7% compare
  6. 86 Cameroon 3.7% compare

See the full ranking of 212 places β†’

More population data for Namibia

All data for Namibia β†’

Frequently asked questions

What is gdp growth in Namibia?
Gdp growth in Namibia was 3.7% in 2024, according to UNESCO Institute for Statistics.
What is the highest gdp growth recorded in Namibia?
The highest recorded value was 12.3% in 2004.
What is the lowest gdp growth recorded in Namibia?
The lowest recorded value was -8.1% in 2020.
How does Namibia rank for gdp growth?
Namibia ranks 83rd out of 209 countries with data for 2024.
Is gdp growth rising or falling in Namibia?
Over the last ten years it is down 39.1%. The long-run trend across the full record is volatile.
Where does this Namibia data come from?
The figures come from UNESCO Institute for Statistics, published as part of GDP growth (annual %). Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 44 observations, free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics).

Share, cite or embed this page

Cite this page

GDP growth in Namibia. Statizoid, drawing on UNESCO Institute for Statistics. Retrieved 16 August 2026, from https://population.statizoid.com/stat/gdp-growth-annual-percent-3/namibia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY-SA 3.0 IGO (UNESCO Institute for Statistics); please keep the attribution.

<a href="https://population.statizoid.com/stat/gdp-growth-annual-percent-3/namibia/">GDP growth in Namibia</a> β€” Statizoid

About this data

Indicator
GDP growth (annual %)
Unit
annual %
Source
UNESCO Institute for Statistics
Licence
CC BY-SA 3.0 IGO (UNESCO Institute for Statistics)
Coverage
212 places, 10,140 data points, 1970–2024
Last refreshed

February 2026 Data Release