Namibia GDP Growth Rate  2004-2016 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Namibia expanded 6 percent in the second quarter of 2015 over the previous quarter. GDP Growth Rate in Namibia averaged 3.51 percent from 2004 until 2015, reaching an all time high of 14.40 percent in the third quarter of 2013 and a record low of -8.80 percent in the fourth quarter of 2004. GDP Growth Rate in Namibia is reported by the Central Bureau of Statistics, Namibia.

Namibia GDP Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
6.00 5.40 14.40 -8.80 2004 - 2015 percent Quarterly
Namibia has one of the biggest GDP per capita in Africa. Yet, due to an uneven distribution of income, half of the population lives below the poverty line. The Namibian economy is dependent on the extraction and processing of minerals like diamonds, uranium, lead, zinc, tin, silver, and tungsten. Subsistence agriculture is the main source of income for 50% of Namibians. This page provides - Namibia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Namibia GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on May of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2013-03-14 01:30 PM Q4 2012 4.30% -3.70%

Namibia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 6.00 5.40 14.40 -8.80 percent [+]
GDP Annual Growth Rate 3.50 5.20 21.00 -6.10 percent [+]
GDP 12.99 12.75 13.02 1.62 USD Billion [+]
GDP Constant Prices 118.80 27076.00 27109.00 118.80 NAD Million [+]
Gross National Product 146857.00 145744.00 146857.00 1417.00 NAD Million [+]
Gross Fixed Capital Formation 35489.00 27567.00 35489.00 2291.00 NAD Million [+]
GDP per capita 4677.87 4564.30 4677.87 2813.40 USD [+]
GDP per capita PPP 9505.56 9274.78 9505.56 5716.92 USD [+]




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Mongolia 7.40 Mar/14
Vietnam 7.01 Dec/15
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Namibia 6.00 Jun/15
Senegal 5.20 Sep/15
Angola 4.90 Dec/15
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United Arab Emirates 4.60 Dec/14
Cape Verde 4.50 Dec/14
Egypt 4.50 Jun/15
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Saudi Arabia 3.60 Sep/15
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Rwanda 2.35 Dec/15
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El Salvador 1.55 Dec/15
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Malaysia 1.50 Dec/15
Poland 1.50 Dec/15
Tanzania 1.50 Sep/10
Trinidad And Tobago 1.50 Sep/15
Kenya 1.40 Sep/15
Ukraine 1.40 Dec/15
Ghana 1.30 Dec/15
Sweden 1.30 Dec/15
Kazakhstan 1.26 Dec/13
Malta 1.12 Sep/15
China 1.10 Mar/16
Luxembourg 1.10 Dec/15
Romania 1.10 Dec/15
Costa Rica 1.04 Sep/15
Hungary 1.00 Dec/15
Slovakia 1.00 Dec/15
Israel 0.94 Dec/15
Estonia 0.90 Dec/15
New Zealand 0.90 Dec/15
Paraguay 0.90 Dec/15
Lithuania 0.80 Mar/16
Mexico 0.80 Mar/16
Spain 0.80 Mar/16
Thailand 0.80 Dec/15
Tunisia 0.80 Dec/15
Taiwan 0.76 Mar/16
Albania 0.73 Dec/15
Bulgaria 0.70 Dec/15
Turkey 0.70 Dec/15
Australia 0.60 Dec/15
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Euro Area 0.60 Mar/16
Slovenia 0.60 Dec/15
South Africa 0.60 Dec/15
Argentina 0.50 Jun/15
European Union 0.50 Mar/16
France 0.50 Mar/16
United States 0.50 Mar/16
Austria 0.40 Mar/16
Cyprus 0.40 Dec/15
South Korea 0.40 Mar/16
Switzerland 0.40 Dec/15
United Kingdom 0.40 Mar/16
Bosnia and Herzegovina 0.30 Dec/15
Germany 0.30 Dec/15
Netherlands 0.30 Dec/15
Belgium 0.20 Mar/16
Canada 0.20 Dec/15
Hong Kong 0.20 Dec/15
Portugal 0.20 Dec/15
Bahrain 0.10 Dec/15
Chile 0.10 Dec/15
Denmark 0.10 Dec/15
Ecuador 0.10 Dec/15
Finland 0.10 Dec/15
Greece 0.10 Dec/15
Italy 0.10 Dec/15
Uruguay 0.10 Dec/15
Czech Republic 0.00 Dec/15
Mauritius 0.00 Dec/15
Serbia 0.00 Dec/15
Singapore 0.00 Mar/16
Latvia -0.10 Mar/16
Moldova -0.10 Dec/15
Belize -0.25 Dec/15
Japan -0.30 Dec/15
Croatia -0.50 Dec/15
Qatar -0.50 Dec/15
Russia -0.57 Sep/15
Iceland -1.10 Dec/15
Jamaica -1.20 Sep/15
Norway -1.20 Dec/15
Brazil -1.40 Dec/15
Indonesia -1.83 Dec/15
Mozambique -2.10 Dec/15
Bolivia -9.72 Jun/15