Namibia 2019
Detailed economic analysis and indicators for 2019
Key Economic Indicators (2019)
GDP (Current USD)
$12.54 billion
↓ 8.33% vs 2018GDP per Capita
$4,731.92
↓ 10.86% vs 2018GDP Growth (Annual %)
-0.84%
↓ 1.90pp vs 2018Inflation Rate (CPI %)
3.72%
↓ 0.57pp vs 2018Year-over-Year Comparison
| Indicator | 2018 | 2019 | Change |
|---|---|---|---|
| GDP (Current USD) | $13.68 billion | $12.54 billion | -8.33% |
| GDP per Capita | $5,308.61 | $4,731.92 | -10.86% |
| GDP Growth (Annual %) | 1.06% | -0.84% | -1.90pp |
| Inflation (CPI %) | 4.29% | 3.72% | -0.57pp |
| Unemployment Rate (%) | 19.88% | 19.92% | +0.04pp |
All Economic Indicators (2019)
National Accounts
- GDP (Current USD)
- $12.54 billion
- GDP per Capita
- $4,731.92
- GDP Growth (Annual %)
- -0.84%
- Gross National Income
- $12.23 billion
Prices & Employment
- Inflation (CPI %)
- 3.72%
- Inflation (GDP Deflator %)
- 0.93%
- Unemployment Rate (%)
- 19.92%
- Interest Rate (Real %)
- 8.87%
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)
- -1.76%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2019, Namibia's Gross Domestic Product (GDP) is $12.54 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Namibia for 2019 is $4,731.92. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Namibia for 2019 is 3.72%. This measures the annual percentage change in the cost of consumer goods and services.
Namibia's annual GDP growth rate for 2019 is -0.84%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Namibia for 2019 is 19.92%. This represents the percentage of the labor force that is unemployed and actively seeking employment.