Namibia 2017
Detailed economic analysis and indicators for 2017
Key Economic Indicators (2017)
GDP (Current USD)
$12.90 billion
↑ 20.27% vs 2016GDP per Capita
$5,143.96
↑ 17.02% vs 2016GDP Growth (Annual %)
-1.03%
↓ 1.06pp vs 2016Inflation Rate (CPI %)
6.15%
↓ 0.58pp vs 2016Year-over-Year Comparison
| Indicator | 2016 | 2017 | Change |
|---|---|---|---|
| GDP (Current USD) | $10.72 billion | $12.90 billion | +20.27% |
| GDP per Capita | $4,395.69 | $5,143.96 | +17.02% |
| GDP Growth (Annual %) | 0.03% | -1.03% | -1.06pp |
| Inflation (CPI %) | 6.73% | 6.15% | -0.58pp |
| Unemployment Rate (%) | 23.35% | 21.73% | -1.62pp |
All Economic Indicators (2017)
National Accounts
- GDP (Current USD)
- $12.90 billion
- GDP per Capita
- $5,143.96
- GDP Growth (Annual %)
- -1.03%
- Gross National Income
- $12.66 billion
Prices & Employment
- Inflation (CPI %)
- 6.15%
- Inflation (GDP Deflator %)
- 9.92%
- Unemployment Rate (%)
- 21.73%
- Interest Rate (Real %)
- 0.10%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -4.42%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2017, Namibia's Gross Domestic Product (GDP) is $12.90 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Namibia for 2017 is $5,143.96. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Namibia for 2017 is 6.15%. This measures the annual percentage change in the cost of consumer goods and services.
Namibia's annual GDP growth rate for 2017 is -1.03%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Namibia for 2017 is 21.73%. This represents the percentage of the labor force that is unemployed and actively seeking employment.