Namibia GDP Growth

GDP Growth Rate

Year -

3.712%

Namibia Annual GDP Growth Table

Source: WorldbankGrowth | Growth Capita

In 2024, Namibia experienced a significant a decrease in its GDP growth rate, which fall to 3.712% from 4.443% in 2023. Additionally, the GDP per capita growth rate in Namibia decrease to 1.417% in 2024, compared to 1.854% in 2023.

Namibia Annual GDP Growth 2024
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----
19810.971--0.154-
1982-0.398%-1.37%-2.154%-2.00%
1983-1.823%-1.43%-4.398%-2.24%
1984-0.237%1.59%-2.902%1.50%
19850.464%0.70%-2.366%0.54%
19864.767%4.30%1.6%3.97%
19873.554%-1.21%0.29%-1.31%
19880.813%-2.74%-2.671%-2.96%
19891.859%1.05%-4.404%-1.73%
19902.047%0.19%-3.941%0.46%
19918.166%6.12%4.622%8.56%
19927.189%-0.98%3.842%-0.78%
1993-1.58%-8.77%-4.67%-8.51%
19941.73%3.31%-1.382%3.29%
19953.899%2.17%0.925%2.31%
19963.191%-0.71%0.437%-0.49%
19974.22%1.03%1.557%1.12%
19983.292%-0.93%0.7%-0.86%
19993.369%0.08%0.831%0.13%
20003.492%0.12%1.086%0.26%
20011.178%-2.31%-0.914%-2.00%
20024.789%3.61%2.963%3.88%
20034.24%-0.55%2.745%-0.22%
200412.27%8.03%10.846%8.10%
20052.529%-9.74%1.252%-9.59%
20067.073%4.54%5.713%4.46%
20075.374%-1.70%3.98%-1.73%
20082.65%-2.72%1.223%-2.76%
20090.296%-2.35%-1.169%-2.39%
20106.039%5.74%4.41%5.58%
20115.091%-0.95%3.303%-1.11%
20125.062%-0.03%2.748%-0.56%
20135.615%0.55%2.902%0.15%
20146.093%0.48%3.356%0.45%
20154.264%-1.83%1.534%-1.82%
20160.034%-4.23%-2.628%-4.16%
2017-1.027%-1.06%-3.698%-1.07%
20181.06%2.09%-1.703%2.00%
2019-0.839%-1.90%-3.576%-1.87%
2020-8.101%-7.26%-10.737%-7.16%
20213.604%11.71%0.589%11.33%
20225.399%1.80%2.513%1.92%
20234.443%-0.96%1.854%-0.66%
20243.712%-0.73%1.417%-0.44%