Namibia GDP

The Gross Domestic Product (GDP) in Namibia was worth 12.81 billion US dollars in 2012. The GDP value of Namibia represents 0.02 percent of the world economy. GDP in Namibia is reported by the the World Bank. From 1980 until 2012, Namibia GDP averaged 4.6 USD Billion reaching an all time high of 12.8 USD Billion in December of 2012 and a record low of 1.4 USD Billion in December of 1985. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Namibia GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-18

Actual Previous Highest Lowest Forecast Dates Unit Frequency
12.81 12.48 12.81 1.40 13.51 | 2014/06 1980 - 2012 USD Billion Yearly

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Namibia GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 12.81 2012-12-31 12.48 12.81 1.40 13.51 2014-06-30 USD Billion [+]
GDP Constant Prices 15044.00 2012-11-15 14429.00 15044.00 10269.00 14752.21 2014-06-30 NAD Million [+]
GDP Growth Rate 4.30 2012-12-31 -3.70 13.30 -8.80 1.22 2014-06-30 Percent [+]
GDP Annual Growth Rate 5.10 2013-12-31 13.60 21.00 -7.20 5.49 2014-06-30 Percent [+]
Gross Fixed Capital Formation 27567.00 2013-06-30 22953.00 27567.00 2291.00 32217.83 2014-06-30 NAD Million [+]
Gross National Product 120267.00 2013-06-30 106945.00 120267.00 1417.00 133700.71 2014-06-30 NAD Million [+]
GDP per capita 4328.07 2012-12-31 4200.23 4328.07 2672.81 4518.83 2014-06-30 USD [+]
GDP per capita PPP 6453.39 2012-12-31 6262.77 6453.39 3985.30 6737.83 2014-06-30 USD [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Namibia Inflation Rate at 5.30 Percent  
The inflation rate in Namibia was recorded at 5.30 percent in March of 2014. Inflation Rate in Namibia is reported by the Bank of Namibia.
Namibia Balance of Trade at -4339.96 NAD Million  
Namibia recorded a trade deficit of 4339.96 NAD Million in the fourth quarter of 2013. Balance of Trade in Namibia is reported by the Bank of Namibia.
Namibia Current Account at -1065.90 NAD Million  
Namibia recorded a Current Account deficit of 1065.90 NAD Million in the fourth quarter of 2013. Current Account in Namibia is reported by the Bank of Namibia.
Namibia Changes in Inventories at -3879.00 NAD Million  
Changes in Inventories in Namibia decreased to -3879 NAD Million in 2013 from -1458 NAD Million in 2012. Changes in Inventories in Namibia is reported by the Central Bureau of Statistics, Namibia.
Namibia Consumer Price Index (CPI) at 106.60 Index Points  
Consumer Price Index (CPI) in Namibia increased to 106.60 Index Points in February of 2014 from 105.90 Index Points in January of 2014. Consumer Price Index (CPI) in Namibia is reported by the Bank of Namibia.
Namibia Consumer Spending at 64552.00 NAD Million  
Consumer Spending in Namibia increased to 64552 NAD Million in 2013 from 60764 NAD Million in 2012. Consumer Spending in Namibia is reported by the Central Bureau of Statistics, Namibia.
Namibia Exports at 11530.20 NAD Million  
Exports in Namibia decreased to 11530.20 NAD Million in the fourth quarter of 2013 from 13771.50 NAD Million in the third quarter of 2013. Exports in Namibia is reported by the Bank of Namibia.
Namibia Government Spending at 23877.00 NAD Million  
Government Spending in Namibia increased to 23877 NAD Million in 2013 from 21917 NAD Million in 2012. Government Spending in Namibia is reported by the Central Bureau of Statistics, Namibia.
Namibia Gross Fixed Capital Formation at 27567.00 NAD Million  
Gross Fixed Capital Formation in Namibia increased to 27567 NAD Million in 2013 from 22953 NAD Million in 2012. Gross Fixed Capital Formation in Namibia is reported by the Central Bureau of Statistics, Namibia.
Namibia Gross National Income at 120267.00 NAD Million  
Gross National Product in Namibia increased to 120267 NAD Million in 2013 from 106945 NAD Million in 2012. Gross National Product in Namibia is reported by the Central Bureau of Statistics, Namibia.
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