Namibia GDP Annual Growth Rate 1990-2015 | Data | Chart | Calendar

The Gross Domestic Product (GDP) in Namibia expanded 3.10 percent in the first quarter of 2015 over the same quarter of the previous year. GDP Annual Growth Rate in Namibia averaged 4.72 percent from 1990 until 2015, reaching an all time high of 21 percent in the third quarter of 2004 and a record low of -5.80 percent in the first quarter of 2009. GDP Annual Growth Rate in Namibia is reported by the Central Bureau of Statistics, Namibia.

      Forecast
Namibia GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
3.10 8.10 21.00 -5.80 1990 - 2015 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. Content for - Namibia GDP Annual Growth Rate - was last refreshed on Saturday, July 4, 2015.

Calendar GMT Reference Actual Previous Consensus Forecast (i)
2014-06-12 12:30 PM Q1 1.6% 4.9% (R) 5.69%
2014-09-11 12:30 PM Q2 3.0% 4.4% (R) 5.61%
2014-12-22 02:00 PM Q3 2.3% 3.0% 3.83%
2015-09-11 12:30 PM Q2 3.1% 5.24%
2015-12-11 01:00 PM Q3 5.65%

Namibia GDP Last Previous Highest Lowest Unit
GDP 12.58 13.40 13.40 1.62 USD Billion [+]
GDP Growth Rate 4.30 -3.70 13.30 -8.80 percent [+]
GDP Annual Growth Rate 3.10 8.10 21.00 -5.80 percent [+]
GDP Constant Prices 15044.00 14429.00 15044.00 10269.00 NAD Million [+]
Gross National Product 126608.00 126608.00 126608.00 1417.00 NAD Million [+]
GDP per capita 4581.75 4473.72 4581.75 2813.43 USD [+]
Gross Fixed Capital Formation 27567.00 27567.00 27567.00 2291.00 NAD Million [+]
GDP per capita PPP 9376.60 9155.52 9376.60 5757.73 USD [+]


GDP Annual Growth Rate Reference Previous Highest Lowest Unit
Australia 2.30 Mar/15 2.50 9.00 -3.40 percent [+]
Brazil -1.60 Mar/15 -0.20 10.10 -3.15 percent [+]
Canada 2.06 Mar/15 2.63 8.80 -3.70 percent [+]
China 7.00 Mar/15 7.30 14.20 3.80 percent [+]
Euro Area 1.00 Mar/15 0.90 5.00 -5.60 percent [+]
France 0.82 Mar/15 0.03 12.50 -3.95 percent [+]
Germany 1.10 Mar/15 1.60 5.20 -6.80 percent [+]
India 7.50 Mar/15 6.60 11.40 -5.20 percent [+]
Indonesia 4.71 Mar/15 5.01 7.16 1.56 percent [+]
Italy 0.10 Mar/15 -0.50 10.30 -6.90 percent [+]
Japan -0.90 Mar/15 -1.00 9.40 -9.40 percent [+]
Mexico 2.50 Mar/15 2.60 8.50 -8.10 percent [+]
Netherlands 2.50 Mar/15 1.60 5.80 -4.40 percent [+]
Russia -2.20 Mar/15 0.40 12.10 -11.20 percent [+]
South Korea 2.50 Mar/15 2.70 18.20 -7.30 percent [+]
Spain 3.10 Jun/15 2.70 5.80 -4.40 percent [+]
Switzerland 1.10 Mar/15 1.90 7.30 -3.70 percent [+]
Turkey 2.30 Mar/15 2.60 12.60 -14.70 percent [+]
United Kingdom 2.90 Mar/15 3.40 9.80 -5.80 percent [+]
United States 2.90 Mar/15 2.40 13.40 -4.10 percent [+]