Namibia GDP Annual Growth Rate  1990-2016 | Data | Chart | Calendar

The Namibian economy advanced 3.5 percent year-on-year in the first quarter of 2016, following an upwardly revised 2.9 percent growth in the previous period. The wholesale and retail trade expanded 4.9 percent (5.7 percent in Q4 2015); public administration went up 7.9 percent (13.4 percent in Q4 2015); education surged 5.2 percent (0.3 percent in Q4 2015) and real estate increased 1.9 percent (3.3 percent in Q4 2015). In addition, the mining sector grew 2.5 percent rebounding from 8.6 percent contraction in Q4 2015 and manufacturing went up 4.8 percent, recovering from a 15.1 percent fall in Q4 2015. In contrast, agriculture shrank at a faster 12.2 percent (-4.9 percent in Q4 2015). GDP Annual Growth Rate in Namibia averaged 4.91 percent from 1990 until 2015, reaching an all time high of 21 percent in the third quarter of 2004 and a record low of -6.10 percent in the first quarter of 2009. GDP Annual Growth Rate in Namibia is reported by the Central Bureau of Statistics, Namibia.

Namibia GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
3.50 1.80 21.00 -6.10 1990 - 2016 percent Quarterly
Namibia is a small and relatively open economy that is rich in mineral resources. Services account for around 60 percent of GDP. Within services the most important are wholesale and retail trade (13 percent), public administration and defense (11 percent); education (9 percent) and real estate (8 percent). Mining and quarrying (mainly diamonds and uranium) account for 12.3 percent of the output, manufacturing for 12.3 percent and agriculture and fishing for 9 percent. This page provides the latest reported value for - Namibia GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Namibia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-09-30 01:30 PM Q2 4.2% 5.3% 6%
2015-12-16 01:00 PM Q3 3.5% 6.0% 6.63%
2016-06-20 02:30 PM Q1 3.5% 2.9% 3.1%
2016-09-22 12:30 PM Q2 3.6%
2016-12-12 01:00 PM Q3 3.3%

Namibia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -1.60 1.50 14.40 -8.80 percent [+]
GDP Annual Growth Rate 3.50 1.80 21.00 -6.10 percent [+]
GDP 12.99 12.75 13.02 1.62 USD Billion [+]
GDP Constant Prices 27543.00 27995.00 27995.00 10269.00 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 [+]
Gdp From Agriculture 775.00 967.00 1492.00 643.00 USD Million [+]
Gdp From Construction 1971.00 2194.00 2194.00 167.00 USD Million [+]
Gdp From Manufacturing 2506.00 2375.00 3378.00 1292.00 USD Million [+]
Gdp From Mining 2474.00 2439.00 2964.00 1075.00 USD Million [+]
Gdp From Public Administration 3159.00 2599.00 4024.00 839.00 USD Million [+]
Gdp From Transport 1502.00 1411.00 1502.00 323.00 USD Million [+]




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Ivory Coast 10.30 Dec/15
Ethiopia 9.60 Dec/15
Ireland 9.20 Dec/15
Papua New Guinea 9.00 Dec/15
India 7.90 Mar/16
Congo 7.70 Dec/15
Uzbekistan 7.50 Mar/16
Rwanda 7.30 Mar/16
Monaco 7.20 Dec/14
Tanzania 7.10 Dec/15
Bangladesh 7.05 Dec/16
Laos 7.00 Dec/15
Myanmar 7.00 Dec/15
Cambodia 6.90 Dec/15
Philippines 6.90 Mar/16
China 6.70 Mar/16
Djibouti 6.70 Dec/15
Turkmenistan 6.70 Dec/15
Uganda 6.68 Dec/15
Nicaragua 6.60 Dec/15
Tajikistan 6.50 Mar/16
Senegal 6.40 Mar/16
Dominican Republic 6.10 Dec/15
Palestine 6.10 Dec/15
Togo 6.00 Dec/15
Bolivia 5.95 Dec/15
Kenya 5.90 Mar/16
Cape Verde 5.80 Mar/16
Benin 5.70 Dec/15
Chad 5.60 Dec/15
Vietnam 5.55 Jun/16
Bhutan 5.50 Dec/15
Sri Lanka 5.50 Mar/16
Mozambique 5.30 Mar/16
Sao Tome and Principe 5.30 Dec/15
Malta 5.20 Mar/16
Guinea Bissau 5.00 Dec/15
Kosovo 5.00 Dec/15
Zambia 5.00 Dec/15
Indonesia 4.92 Mar/16
Angola 4.90 Dec/15
Central African Republic 4.90 Dec/15
Ghana 4.90 Mar/16
Niger 4.90 Dec/15
Sudan 4.90 Dec/15
Turkey 4.80 Mar/16
Gambia 4.70 Dec/15
Mali 4.70 Dec/15
Panama 4.60 Mar/16
Bahrain 4.50 Mar/16
Armenia 4.40 Mar/16
Luxembourg 4.40 Mar/16
Peru 4.40 Mar/16
Cuba 4.30 Dec/15
East Timor 4.30 Dec/15
Romania 4.30 Mar/16
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Pakistan 4.24 Dec/15
Burkina Faso 4.20 Dec/15
Gabon 4.20 Dec/15
Iceland 4.20 Mar/16
Malaysia 4.20 Mar/16
Sweden 4.20 Mar/16
Guatemala 4.10 Dec/15
Fiji 4.00 Dec/15
Qatar 4.00 Dec/15
Algeria 3.90 Dec/15
United Arab Emirates 3.90 Dec/15
Egypt 3.80 Dec/15
Mauritius 3.70 Mar/16
Brunei 3.60 Mar/16
Honduras 3.60 Dec/15
Saudi Arabia 3.60 Dec/15
Namibia 3.50 Mar/16
Serbia 3.50 Mar/16
Lesotho 3.40 Dec/15
Slovakia 3.40 Mar/16
Spain 3.40 Mar/16
Costa Rica 3.30 Dec/15
Comoros 3.20 Dec/15
Thailand 3.20 Mar/16
Australia 3.10 Mar/16
Mauritania 3.10 Dec/15
Mongolia 3.10 Mar/16
Czech Republic 3.00 Mar/16
Guyana 3.00 Dec/15
Madagascar 3.00 Dec/15
Poland 3.00 Mar/16
Bulgaria 2.90 Mar/16
Malawi 2.90 Dec/15
Maldives 2.90 Dec/15
New Zealand 2.80 Mar/16
South Korea 2.80 Mar/16
Croatia 2.70 Mar/16
Cyprus 2.70 Mar/16
Cameroon 2.60 Dec/15
El Salvador 2.60 Dec/15
Georgia 2.60 Mar/16
Jordan 2.60 Dec/15
Mexico 2.60 Mar/16
Somalia 2.60 Dec/14
Colombia 2.50 Mar/16
Lithuania 2.50 Mar/16
Slovenia 2.50 Mar/16
Iraq 2.40 Dec/15
Albania 2.15 Dec/15
Afghanistan 2.10 Dec/15
Bosnia and Herzegovina 2.10 Dec/15
Latvia 2.10 Mar/16
United States 2.10 Mar/16
Chile 2.00 Mar/16
Macedonia 2.00 Mar/16
United Kingdom 2.00 Mar/16
Cayman Islands 1.90 Sep/15
European Union 1.80 Mar/16
Singapore 1.80 Mar/16
Estonia 1.70 Mar/16
Euro Area 1.70 Mar/16
Haiti 1.70 Dec/15
Israel 1.70 Mar/16
Morocco 1.70 Mar/16
Swaziland 1.70 Dec/15
Austria 1.60 Mar/16
Finland 1.60 Mar/16
Belgium 1.50 Mar/16
Netherlands 1.50 Mar/16
Paraguay 1.50 Mar/16
Zimbabwe 1.50 Dec/15
France 1.30 Mar/16
Germany 1.30 Mar/16
Bahamas 1.20 Dec/15
Republic of the Congo 1.20 Dec/15
Canada 1.10 Mar/16
Montenegro 1.10 Mar/16
Italy 1.00 Mar/16
Lebanon 1.00 Dec/15
North Korea 1.00 Dec/14
Tunisia 1.00 Mar/16
Hungary 0.90 Mar/16
Portugal 0.90 Mar/16
Hong Kong 0.80 Mar/16
Moldova 0.80 Mar/16
Nepal 0.77 Dec/15
Jamaica 0.70 Dec/15
Norway 0.70 Mar/16
Switzerland 0.70 Mar/16
Belize 0.60 Dec/15
Iran 0.60 Mar/15
Argentina 0.49 Mar/16
Denmark 0.30 Mar/16
Eritrea 0.30 Dec/15
Liberia 0.30 Dec/15
New Caledonia 0.30 Dec/14
Barbados 0.20 Dec/14
Suriname 0.20 Dec/15
Guinea 0.10 Dec/15
Japan 0.10 Mar/16
Ukraine 0.10 Mar/16
Kazakhstan -0.20 Mar/16
South Africa -0.20 Mar/16
Nigeria -0.40 Mar/16
Uruguay -0.50 Mar/16
Puerto Rico -0.60 Dec/15
Taiwan -0.68 Mar/16
Liechtenstein -0.80 Dec/14
Ecuador -0.90 Dec/15
Russia -1.20 Mar/16
Greece -1.30 Mar/16
Kuwait -1.60 Dec/14
Botswana -1.90 Dec/15
Syria -2.30 Dec/11
Trinidad and Tobago -3.00 Dec/15
Azerbaijan -3.50 Mar/16
Belarus -3.60 Mar/16
Burundi -4.10 Dec/15
Kyrgyzstan -4.90 Mar/16
South Sudan -5.30 Dec/15
Brazil -5.40 Mar/16
Libya -6.00 Dec/15
Venezuela -7.10 Sep/15
Equatorial Guinea -10.60 Dec/15
Macau -13.30 Mar/16
Oman -14.10 Dec/15
Sierra Leone -21.50 Dec/15
Yemen -28.10 Dec/15