In 2023, Namibia witnessed a decrease in its Nominal GDP, falling to 12.35 billion dollars, and an increase in its GDP based on Purchasing Power Parity (PPP), which reached 33.22 international billion dollars as per the World Bank's estimates.
Relatedly, in the preceding year of 2022, Namibia has Nominal GDP stood at 12.57 billion dollars, while the GDP based on PPP was 30.77 international billion dollars.
The net change in Namibia's GDP (Nominal) in 2023 decreased by -0.22 billion dollars(-1.78%), and GDP (PPP) increased by 2.45 international billion dollars(7.38%).
Source: worldbank Nominal PPP| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | - | - | - | - | - | - |
| 1971 | - | - | - | - | - | - |
| 1972 | - | - | - | - | - | - |
| 1973 | - | - | - | - | - | - |
| 1974 | - | - | - | - | - | - |
| 1975 | - | - | - | - | - | - |
| 1976 | - | - | - | - | - | - |
| 1977 | - | - | - | - | - | - |
| 1978 | - | - | - | - | - | - |
| 1979 | - | - | - | - | - | - |
| 1980 | 2.42 | - | - | - | - | - |
| 1981 | 2.25 | -0.17 | -7.56 % | - | - | - |
| 1982 | 2.12 | -0.13 | -6.13 % | - | - | - |
| 1983 | 2.30 | 0.18 | 7.83 % | - | - | - |
| 1984 | 1.95 | -0.35 | -17.95 % | - | - | - |
| 1985 | 1.61 | -0.34 | -21.12 % | - | - | - |
| 1986 | 1.81 | 0.20 | 11.05 % | - | - | - |
| 1987 | 2.30 | 0.49 | 21.30 % | - | - | - |
| 1988 | 2.50 | 0.20 | 8.00 % | - | - | - |
| 1989 | 2.54 | 0.04 | 1.57 % | - | - | - |
| 1990 | 2.79 | 0.25 | 8.96 % | 5.31 | - | - |
| 1991 | 3.00 | 0.21 | 7.00 % | 5.93 | 0.62 | 10.46 % |
| 1992 | 3.43 | 0.43 | 12.54 % | 6.51 | 0.58 | 8.91 % |
| 1993 | 3.25 | -0.18 | -5.54 % | 6.55 | 0.04 | 0.61 % |
| 1994 | 3.67 | 0.42 | 11.44 % | 6.81 | 0.26 | 3.82 % |
| 1995 | 3.98 | 0.31 | 7.79 % | 7.22 | 0.41 | 5.68 % |
| 1996 | 3.99 | 0.01 | 0.25 % | 7.59 | 0.37 | 4.87 % |
| 1997 | 4.15 | 0.16 | 3.86 % | 8.05 | 0.46 | 5.71 % |
| 1998 | 3.87 | -0.28 | -7.24 % | 8.41 | 0.36 | 4.28 % |
| 1999 | 3.87 | 0.00 | 0.00 % | 8.81 | 0.40 | 4.54 % |
| 2000 | 3.92 | 0.05 | 1.28 % | 9.33 | 0.52 | 5.57 % |
| 2001 | 3.56 | -0.36 | -10.11 % | 9.65 | 0.32 | 3.32 % |
| 2002 | 3.35 | -0.21 | -6.27 % | 10.27 | 0.62 | 6.04 % |
| 2003 | 4.93 | 1.58 | 32.05 % | 10.92 | 0.65 | 5.95 % |
| 2004 | 6.61 | 1.68 | 25.42 % | 12.58 | 1.66 | 13.20 % |
| 2005 | 7.25 | 0.64 | 8.83 % | 13.31 | 0.73 | 5.48 % |
| 2006 | 8.00 | 0.75 | 9.38 % | 14.69 | 1.38 | 9.39 % |
| 2007 | 8.84 | 0.84 | 9.50 % | 15.90 | 1.21 | 7.61 % |
| 2008 | 8.61 | -0.23 | -2.67 % | 16.63 | 0.73 | 4.39 % |
| 2009 | 8.94 | 0.33 | 3.69 % | 16.78 | 0.15 | 0.89 % |
| 2010 | 11.43 | 2.49 | 21.78 % | 18.01 | 1.23 | 6.83 % |
| 2011 | 12.52 | 1.09 | 8.71 % | 19.32 | 1.31 | 6.78 % |
| 2012 | 13.04 | 0.52 | 3.99 % | 20.55 | 1.23 | 5.99 % |
| 2013 | 12.04 | -1.00 | -8.31 % | 21.85 | 1.30 | 5.95 % |
| 2014 | 12.44 | 0.40 | 3.22 % | 23.97 | 2.12 | 8.84 % |
| 2015 | 11.34 | -1.10 | -9.70 % | 24.85 | 0.88 | 3.54 % |
| 2016 | 10.72 | -0.62 | -5.78 % | 24.88 | 0.03 | 0.12 % |
| 2017 | 12.90 | 2.18 | 16.90 % | 24.79 | -0.09 | -0.36 % |
| 2018 | 13.68 | 0.78 | 5.70 % | 25.40 | 0.61 | 2.40 % |
| 2019 | 12.54 | -1.14 | -9.09 % | 25.47 | 0.07 | 0.27 % |
| 2020 | 10.58 | -1.96 | -18.53 % | 25.53 | 0.06 | 0.24 % |
| 2021 | 12.40 | 1.82 | 14.68 % | 27.29 | 1.76 | 6.45 % |
| 2022 | 12.57 | 0.17 | 1.35 % | 30.77 | 3.48 | 11.31 % |
| 2023 | 12.35 | -0.22 | -1.78 % | 33.22 | 2.45 | 7.38 % |