na Namibia 2022

Detailed economic analysis and indicators for 2022

Year 2022

Key Economic Indicators (2022)

GDP (Current USD)

$12.57 billion

↑ 1.33% vs 2021
GDP per Capita

$4,349.05

↓ 1.45% vs 2021
GDP Growth (Annual %)

5.35%

↑ 1.75pp vs 2021
Inflation Rate (CPI %)

6.08%

↑ 2.46pp vs 2021

Year-over-Year Comparison

Indicator 2021 2022 Change
GDP (Current USD) $12.40 billion $12.57 billion +1.33%
GDP per Capita $4,412.84 $4,349.05 -1.45%
GDP Growth (Annual %) 3.60% 5.35% +1.75pp
Inflation (CPI %) 3.62% 6.08% +2.46pp
Unemployment Rate (%) 20.92% 19.70% -1.23pp

All Economic Indicators (2022)

National Accounts
GDP (Current USD)
$12.57 billion
GDP per Capita
$4,349.05
GDP Growth (Annual %)
5.35%
Gross National Income
$12.08 billion
Prices & Employment
Inflation (CPI %)
6.08%
Inflation (GDP Deflator %)
6.45%
Unemployment Rate (%)
19.70%
Interest Rate (Real %)
2.03%
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)
-12.82%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2022, Namibia's Gross Domestic Product (GDP) is $12.57 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Namibia for 2022 is $4,349.05. GDP per capita is calculated by dividing the country's GDP by its population.

The Consumer Price Index (CPI) inflation rate in Namibia for 2022 is 6.08%. This measures the annual percentage change in the cost of consumer goods and services.

Namibia's annual GDP growth rate for 2022 is 5.35%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Namibia for 2022 is 19.70%. This represents the percentage of the labor force that is unemployed and actively seeking employment.