GDP Growth Rate
Year -
4.16%
In 2023, Namibia experienced a significant a decrease in its GDP growth rate, which fall to 4.16% from 5.35% in 2022. Additionally, the GDP per capita growth rate in Namibia decrease to 2.67% in 2023, compared to 3.84% in 2022.
In 2023, Namibia experienced a decrease in economic performance, with the GDP growth rate falling by 1.19%. Additionally, the GDP per capita growth rate decrease by 1.17%.
| Year | GDP Growth | Net Chg | GDP Capita Growth | Net Chg |
|---|---|---|---|---|
| 1961 | - | - | - | - |
| 1962 | - | - | - | - |
| 1963 | - | - | - | - |
| 1964 | - | - | - | - |
| 1965 | - | - | - | - |
| 1966 | - | - | - | - |
| 1967 | - | - | - | - |
| 1968 | - | - | - | - |
| 1969 | - | - | - | - |
| 1970 | - | - | - | - |
| 1971 | - | - | - | - |
| 1972 | - | - | - | - |
| 1973 | - | - | - | - |
| 1974 | - | - | - | - |
| 1975 | - | - | - | - |
| 1976 | - | - | - | - |
| 1977 | - | - | - | - |
| 1978 | - | - | - | - |
| 1979 | - | - | - | - |
| 1980 | - | - | - | - |
| 1981 | 0.97 | - | -0.19 | - |
| 1982 | -0.4% | -1.37% | -2.19% | -2.00% |
| 1983 | -1.82% | -1.42% | -4.44% | -2.25% |
| 1984 | -0.24% | 1.58% | -2.95% | 1.49% |
| 1985 | 0.46% | 0.70% | -2.41% | 0.54% |
| 1986 | 4.77% | 4.31% | 1.55% | 3.96% |
| 1987 | 3.55% | -1.22% | 0.23% | -1.32% |
| 1988 | 0.81% | -2.74% | -2.74% | -2.97% |
| 1989 | 1.86% | 1.05% | -4.48% | -1.74% |
| 1990 | 2.05% | 0.19% | -3.99% | 0.49% |
| 1991 | 8.17% | 6.12% | 4.6% | 8.59% |
| 1992 | 7.19% | -0.98% | 3.81% | -0.79% |
| 1993 | -1.58% | -8.77% | -4.72% | -8.53% |
| 1994 | 1.73% | 3.31% | -1.44% | 3.28% |
| 1995 | 3.9% | 2.17% | 0.86% | 2.30% |
| 1996 | 3.19% | -0.71% | 0.4% | -0.46% |
| 1997 | 4.22% | 1.03% | 1.56% | 1.16% |
| 1998 | 3.29% | -0.93% | 0.75% | -0.81% |
| 1999 | 3.37% | 0.08% | 0.91% | 0.16% |
| 2000 | 3.49% | 0.12% | 1.17% | 0.26% |
| 2001 | 1.18% | -2.31% | -0.85% | -2.02% |
| 2002 | 4.79% | 3.61% | 3.01% | 3.86% |
| 2003 | 4.24% | -0.55% | 2.78% | -0.23% |
| 2004 | 12.27% | 8.03% | 10.88% | 8.10% |
| 2005 | 2.53% | -9.74% | 1.3% | -9.58% |
| 2006 | 7.07% | 4.54% | 5.8% | 4.50% |
| 2007 | 5.37% | -1.70% | 4.07% | -1.73% |
| 2008 | 2.65% | -2.72% | 1.29% | -2.78% |
| 2009 | 0.3% | -2.35% | -1.13% | -2.42% |
| 2010 | 6.04% | 5.74% | 4.46% | 5.59% |
| 2011 | 5.09% | -0.95% | 3.46% | -1.00% |
| 2012 | 5.06% | -0.03% | 3.36% | -0.10% |
| 2013 | 5.61% | 0.55% | 3.84% | 0.48% |
| 2014 | 6.09% | 0.48% | 4.27% | 0.43% |
| 2015 | 4.26% | -1.83% | 2.45% | -1.82% |
| 2016 | 0.03% | -4.23% | -1.72% | -4.17% |
| 2017 | -1.03% | -1.06% | -2.75% | -1.03% |
| 2018 | 1.06% | 2.09% | -0.67% | 2.08% |
| 2019 | -0.84% | -1.90% | -2.5% | -1.83% |
| 2020 | -8.1% | -7.26% | -9.67% | -7.17% |
| 2021 | 3.6% | 11.70% | 1.92% | 11.59% |
| 2022 | 5.35% | 1.75% | 3.84% | 1.92% |
| 2023 | 4.16% | -1.19% | 2.67% | -1.17% |