Namibia 2021
Detailed economic analysis and indicators for 2021
Key Economic Indicators (2021)
GDP (Current USD)
$12.40 billion
↑ 17.18% vs 2020GDP per Capita
$4,412.84
↑ 13.77% vs 2020GDP Growth (Annual %)
3.60%
↑ 11.71pp vs 2020Inflation Rate (CPI %)
3.62%
↑ 1.41pp vs 2020Year-over-Year Comparison
| Indicator | 2020 | 2021 | Change |
|---|---|---|---|
| GDP (Current USD) | $10.58 billion | $12.40 billion | +17.18% |
| GDP per Capita | $3,878.59 | $4,412.84 | +13.77% |
| GDP Growth (Annual %) | -8.10% | 3.60% | +11.71pp |
| Inflation (CPI %) | 2.21% | 3.62% | +1.41pp |
| Unemployment Rate (%) | 21.00% | 20.92% | -0.08pp |
All Economic Indicators (2021)
National Accounts
- GDP (Current USD)
- $12.40 billion
- GDP per Capita
- $4,412.84
- GDP Growth (Annual %)
- 3.60%
- Gross National Income
- $11.93 billion
Prices & Employment
- Inflation (CPI %)
- 3.62%
- Inflation (GDP Deflator %)
- 1.53%
- Unemployment Rate (%)
- 20.92%
- Interest Rate (Real %)
- 5.25%
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)
- -11.23%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2021, Namibia's Gross Domestic Product (GDP) is $12.40 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Namibia for 2021 is $4,412.84. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Namibia for 2021 is 3.62%. This measures the annual percentage change in the cost of consumer goods and services.
Namibia's annual GDP growth rate for 2021 is 3.60%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Namibia for 2021 is 20.92%. This represents the percentage of the labor force that is unemployed and actively seeking employment.