Latest: Japan 01:30 BoJ Board Member Suzuki Speaks Forecast: 0

Latest: United States 13:00 Jackson Hole Symposium Forecast: 0

Latest: Switzerland 14:30 SNB Chairman Thomas Jordan speaks Forecast: 0

Latest: Euro Area 10:00 EU Leaders Summit Forecast: 0

Latest: Kenya 14:00 GDP (QoQ) Forecast: 0 % Actual: -1.1%

USD/JPY

109.35

-0.08%

USD/CHF

0.9020

-0.34%

AUD/USD

0.7780

+0.69%

GBP/USD

1.4094

+0.32%

EUR/USD

1.2142

+0.5%

USD/CAD

1.2110

-0.43%

Economy of Namibia. Statistics, Data and Indicators

Namibia

55	Credit rank #52
N/A	Quality of life #
57	Corruption rank#46
104	Ease of doing business#100

Namibia

Business Indicators
Budget Indicators
Money Indicators

Taxes
GDP Indicators
Labor Indicators

Inflation Indicators
Trade Indicators
Consumer Indicators

Production Indicators

Namibia Major Economic Indicators

Indicator	Data	Period
GDP Value	12.37 USD Billion	2019
GDP Annual Growth Rate	-6 %	4Q/20
GDP Growth Rate	8.43 %	4Q/20
GDP per capita	5766 USD	2019
Inflation Rate YoY	3.9 %	Apr/21
Interest Rate	3.75 %	Apr/21
Unemployment Rate	33.4 %	2018
Balance of Trade	-3476 NAD Million \| -0.246 B USD	4Q/20
Current Account	-856 NAD Million \| -0.061 B USD	4Q/20
Foreign Exchange Reserves	34674 NAD Million \| 2.457 B USD	Mar/21
Government Debt	111507 NAD Million \| 7.902 B USD	2020

GDP

vvp

12.37

USD Billion

#125 from 174 countries

GDP per capita

vvp

5766

USD

#86 from 169 countries

GDP Indicators

Indicator	Data	Period
GDP Value	12.37 USD Billion	2019
GDP Annual Growth Rate	-6 %	4Q/20
GDP Growth Rate	8.43 %	4Q/20
GDP per capita	5766 USD	2019
Gross National Product	173343 NAD Million \| 12.285 USD Billion	2020
GDP Constant Prices	35164 NAD Million \| 2.492 B USD	4Q/20
GDP per capita PPP	9637 USD	2019
GDP From Agriculture	1777 USD Million \| 1.777 B USD	4Q/20
GDP From Construction	748 USD Million \| 0.748 B USD	4Q/20
GDP From Manufacturing	4246 USD Million \| 4.246 B USD	4Q/20
GDP From Mining	2900 USD Million \| 2.9 B USD	4Q/20
GDP From Public Administration	4435 USD Million \| 4.435 B USD	4Q/20
GDP From Services	3113 USD Million \| 3.113 B USD	4Q/20
GDP From Transport	845 USD Million \| 0.845 B USD	3Q/20
GDP From Utilities	961 USD Million \| 0.961 B USD	4Q/20

Budget Indicators

Indicator	Data	Period
Government Debt to GDP	69.6 %	2020
Government Spending	39311 NAD Million \| 2.786 USD Billion	2020
Government Debt	111507 NAD Million \| 7.902 USD Billion	2020
Government Budget to GDP	-9.5 %	2020
Military Expenditure	427 USD Million \| 0.427 B USD	2019

Inflation Indicators

Indicator	Data	Period
Consumer Price Index (CPI)	145 index points	Apr/21
Export Prices	107 Index Points	2019
Food Inflation	5.9 %	Apr/21
GDP Deflator	132 Index Points	2020
Import Prices	97.7 Index Points	2019
Inflation Rate YoY	3.9 %	Apr/21
Inflation Rate Mom	0.4 %	Apr/21
CPI Housing Utilities	135 Index Points	Apr/21
CPI Transportation	143 Index Points	Apr/21

Trade Indicators

Indicator	Data	Period
Current Account to GDP	1.9 %	2020
Balance of Trade	-3476 NAD Million \| -0.246 USD Billion	4Q/20
Capital Flows	-2634 NAD Million \| -0.187 USD Billion	4Q/20
Current Account	-856 NAD Million \| -0.061 USD Billion	4Q/20
Exports	15671 NAD Million \| 1.111 USD Billion	4Q/20
External Debt	33065 NAD Million \| 2.343 B USD	2020
Foreign Exchange Reserves	34674 NAD Million \| 2.457 USD Billion	Mar/21
Imports	19148 NAD Million \| 1.357 USD Billion	4Q/20
Terms of Trade	110 Index Points	2019

Money Indicators

Indicator	Data	Period
Interest Rate	3.75 %	Apr/21
Money Supply M0	10843 NAD Million \| 0.768 B USD	Mar/21
Money Supply M1	65989 NAD Million \| 4.677 USD Billion	Mar/21
Money Supply M2	127445 NAD Million \| 9.032 USD Billion	Mar/21
Central Bank Balance Sheet	32469 NAD Million \| 2.301 B USD	Feb/21
Deposit Interest Rate	4.16 %	2020
Foreign Direct Investment	252 NAD Million \| 0.018 B USD	4Q/20

Labor Indicators

Indicator	Data	Period
Unemployment Rate	33.4 %	2018
Youth Unemployment Rate	46.1 %	2018
Employed Persons	725742 Thousand Person \| 725.742 Million Person	2018
Labor Force Participation Rate	71.2 %	2018
Living Wage Family	8590 NAD/Month \| 496.79 USD/Month	2018
Living Wage Individual	8360 NAD/Month \| 483.489 USD/Month	2018
Unemployed Persons	364411 Thousand Persons \| 364.411 Million Persons	2018
Wages High Skilled	33300 NAD/Month \| 1925.857 USD/Month	2018
Wages Low Skilled	3240 NAD/Month \| 187.381 USD/Month	2018

Taxes

Indicator	Data	Period
Corporate Tax Rate	32 %	2020
Personal Income Tax Rate	37 %	2020
Sales Tax Rate	15 %	2020

Production Indicators

Indicator	Data	Period
Mining Production	-11 %	Feb/21

Business Indicators

Indicator	Data	Period
Corruption Index	51 index points	2020
Corruption Rank	57 place	2020
Ease of Doing Business	104 place	2019
Competitiveness Index	54.46 Index Points	2019
Competitiveness Rank	94	2019

Consumer Indicators

Indicator	Data	Period
Consumer Spending	99451 NAD Million \| 7.048 USD Billion	2020
Disposable Personal Income	173907 NAD Million \| 12.325 B USD	2020

Government Debt

dept_icon

7.902

USD Billion

#57 from 65 countries

Balance of Trade

balance_icon

-0.246

USD Billion

#114 from 173 countries

Gold Reserves

gold_reserve_icon

N/A

N/A

#N/A from N/A countries

Foreign Exchange Reserves

gold_reserve_icon

2.457

USD Billion

#95 from 114 countries

Government Budget Value

balance_icon

N/A

N/A

#N/A from N/A countries

Inflation Rate

inflation_icon

3.9

%

#60 from 174 countries

Interest Rate

discount_rate_icon

3.75

%

#46 from 159 countries

Bank Lending Rate

credit_rate_icon

N/A%

#N/A from N/A countries

Unemployment Rate

unemployment_icon

33.4

%

#1 from 171 countries

Wages

salary_icon

N/A

N/A

#N/A from N/A countries

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