Markets Actual Q3 Q4 Q1 Q2 2020
Stock Market (points) 1194.41 1195 1177 1160 1142 1108
Currency 15.42 14.52 14.7 14.89 15.08 15.47
Overview Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.62 1 2.1 -0.3 -0.3 1.8
GDP Annual Growth Rate (%) -2.00 0.4 1.2 0.8 1.4 1.7
Inflation Rate (%) 3.60 4 4.5 4.7 5 5
Interest Rate (%) 6.50 6.5 6.5 6.5 6 6
Balance of Trade (NAD Million) -2695.80 -4200 -2660 -4950 -5150 -3600
Current Account to GDP (%) -2.10 -2 -2 -1.9 -1.9 -1.9
Government Debt to GDP (%) 45.10 49 49 51 51 51
Government Budget (% of GDP) -4.40 -4.1 -4.1 -3.5 -3.5 -3.5
Corporate Tax Rate (%) 32.00 32 32 32 32 32
Personal Income Tax Rate (%) 37.00 37 37 37 37 37
GDP Actual Q3 Q4 Q1 Q2 2020
GDP Growth Rate (%) 0.62 1 2.1 -0.3 -0.3 1.8
GDP Annual Growth Rate (%) -2.00 0.4 1.2 0.8 1.4 1.7
GDP (USD Billion) 14.52 15 15 16 16 16
GDP Constant Prices (NAD Million) 27026.00 27527 27531 27242 27404 27999
Gross National Product (NAD Million) 180548.92 174450 182716 181993 183077 185822
Gross Fixed Capital Formation (NAD Million) 19971.00 23240 20211 20131 20251 20554
GDP per capita (USD) 6073.20 6200 6200 6400 6400 6400
GDP per capita PPP (USD) 9897.63 10150 9509 9509 9426 9426
GDP From Agriculture (USD Million) 924.60 995 986 932 938 1003
GDP From Construction (USD Million) 788.60 679 841 795 800 855
GDP From Manufacturing (USD Million) 2833.90 2916 2809 2857 2874 2857
GDP From Mining (USD Million) 2992.00 2954 3007 3016 3034 3058
GDP From Public Administration (USD Million) 3265.40 3435 3092 3292 3311 3144
GDP From Transport (USD Million) 1425.24 1333 1482 1437 1445 1507
Prices Actual Q3 Q4 Q1 Q2 2020
Inflation Rate (%) 3.60 4 4.5 4.7 5 5
Consumer Price Index CPI (Index Points) 137.66 139 141 143 144 148
CPI Transportation (Index Points) 136.22 139 141 138 142 148
Money Actual Q3 Q4 Q1 Q2 2020
Interest Rate (%) 6.50 6.5 6.5 6.5 6 6
Deposit Interest Rate (%) 5.90 5.9 5.9 5.9 5.4 5.4
Lending Rate (%) 10.50 10.5 10.5 10.5 10 10
Trade Actual Q3 Q4 Q1 Q2 2020
Balance of Trade (NAD Million) -2695.80 -4200 -2660 -4950 -5150 -3600
Current Account to GDP (%) -2.10 -2 -2 -1.9 -1.9 -1.9
Government Actual Q3 Q4 Q1 Q2 2020
Government Debt to GDP (%) 45.10 49 49 51 51 51
Government Budget (% of GDP) -4.40 -4.1 -4.1 -3.5 -3.5 -3.5
Government Spending (NAD Million) 27927.00 28864 28262 28150 28318 28743
Taxes Actual Q3 Q4 Q1 Q2 2020
Corporate Tax Rate (%) 32.00 32 32 32 32 32
Personal Income Tax Rate (%) 37.00 37 37 37 37 37
Sales Tax Rate (%) 15.00 15 15 15 15 15
Consumer Actual Q3 Q4 Q1 Q2 2020
Consumer Spending (NAD Million) 87400.00 84265 88449 88099 88624 89952


This page has 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.