Namibia | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate -6.20 2.45 5.98 6.35 4.09 3.31 percent [+]
Unemployment Rate 28.10 27.74 27.49 27.25 27.01 25.37 percent [+]
Inflation Rate 7.30 6.8 6.9 6.7 6.5 5 percent [+]
Interest Rate 7.00 7.25 7.25 7.25 7.25 6 percent [+]
Balance of Trade -8369.58 -8580 -8365 -7207 -9745 -8817 NAD Million [+]
Government Debt to GDP 34.00 43.13 45.91 45.85 45.9 51.52 percent [+]
MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Currency 14.03 14.49 14.64 14.78 14.92 17.22 [+]
Stock Market 1055.86 1030 1020 1010 1000 834 points [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate -6.20 2.45 5.98 6.35 4.09 3.31 percent [+]
GDP Annual Growth Rate -1.20 -1.8 -0.5 0.9 1 4.25 percent [+]
GDP 11.55 10.88 10.81 10.74 10.67 10.18 USD Billion [+]
GDP Constant Prices 25726.00 27101 27902 27823 28652 33115 NAD Million [+]
Gross National Product 146857.00 156375 159547 171547 183547 309159 NAD Million [+]
Gross Fixed Capital Formation 50591.00 61955 64575 67194 69814 103127 NAD Million [+]
GDP per capita 6013.77 6179 6221 6262 6304 6862 USD [+]
GDP per capita PPP 9800.78 9560 9580 9600 9640 10300 USD [+]
Gdp From Construction 1567.00 1862 1692 1435 1541 1544 USD Million [+]
Gdp From Manufacturing 2251.00 2459 2483 2373 2388 2416 USD Million [+]
Gdp From Mining 2079.00 2257 2342 2385 2364 2349 USD Million [+]
Gdp From Public Administration 2419.00 2671 3077 2584 3072 2808 USD Million [+]
Gdp From Transport 1452.00 1566 1591 1602 1628 2011 USD Million [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 28.10 27.74 27.49 27.25 27.01 25.37 percent [+]
Population 2.30 2.37 2.39 2.41 2.43 2.51 Million [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate 7.30 6.8 6.9 6.7 6.5 5 percent [+]
Consumer Price Index CPI 121.62 122 124 125 127 143 Index Points [+]
Food Inflation 11.70 11.73 11.76 11.76 11.76 11.76 percent [+]
Inflation Rate Mom 0.50 0.48 0.47 0.46 0.46 0.46 percent [+]
Cpi Transportation 113.68 114 114 114 114 114 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 7.00 7.25 7.25 7.25 7.25 6 percent [+]
Money Supply M1 39945.90 41851 42678 43510 44348 56361 NAD Million [+]
Money Supply M2 85000.10 85354 84832 84333 83876 76585 NAD Million [+]
Foreign Exchange Reserves 26449.27 25804 25391 25313 25294 25289 NAD Million [+]
Deposit Interest Rate 4.71 4.96 4.92 4.87 4.82 4.53 percent [+]
Lending Rate 10.75 10.75 10.75 10.75 10.75 10.75 percent [+]
Central Bank Balance Sheet 23832.40 23313 23335 23396 23433 23462 NAD Million [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -8369.58 -8580 -8365 -7207 -9745 -8817 NAD Million [+]
Exports 13717.37 14961 14975 15102 15440 18196 NAD Million [+]
Imports 22086.95 24004 23337 24045 24738 29307 NAD Million [+]
Current Account -5889.70 -1266 -1013 -864 -765 -257 NAD Million [+]
Current Account to GDP -8.10 -11.67 -10.9 -10.14 -9.37 -10.11 percent [+]
Capital Flows 1034.90 14462 7863 3929 928 5197 NAD Million [+]
Terrorism Index 0.00 0 0 0 0 0 [+]
Foreign Direct Investment 1099.82 3232 6952 2615 2279 3513 NAD Million [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 34.00 43.13 45.91 45.85 45.9 51.52 percent [+]
Government Budget -5.20 -4.56 -4.45 -4.34 -4.23 -3.46 percent of GDP [+]
Government Spending 27915.00 28664 28953 29242 29530 32134 NAD Million [+]
Government Debt 56269.60 90087 96403 103480 110071 198276 NAD Million [+]
Military Expenditure 622.20 645 651 658 669 827 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Changes in Inventories -414.00 -1271 -1119 -966 -813 -177 NAD Million [+]
Mining Production -11.38 -5.7 -4.97 -5.2 -5.17 -5.17 percent [+]
Competitiveness Index 4.02 3.97 3.97 3.97 3.97 3.96 Points [+]
Competitiveness Rank 84.00 84.13 84.13 84.13 84.13 83.29 [+]
Corruption Index 53.00 52.49 52.2 51.91 51.62 49.43 Points [+]
Corruption Rank 45.00 43.36 43.11 42.86 42.62 42.39 [+]
Ease of Doing Business 108.00 103 105 106 107 104 [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Consumer Spending 72541.00 76474 76606 76739 76872 87950 NAD Million [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Corporate Tax Rate 32.00 32 32 32 32 32 percent [+]
Personal Income Tax Rate 37.00 37 37 37 37 37 percent [+]
Sales Tax Rate 15.00 15 15 15 15 15 percent [+]





Economic Forecasts for Namibia including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Namibia economy. 12/4/2016