Markets Actual Q1 Q2 Q3 Q4 2020
Currency 13.95 14.69 14.89 15.09 15.3 15.71
Stock Market (points) 1323.49 1285 1262 1240 1218 1175
Overview Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) -0.66 1.6 0.9 0.3 2.1 1.8
GDP Annual Growth Rate (%) -0.80 0.8 1 1.2 1.5 3.3
Inflation Rate (%) 5.10 4.8 4.5 4.8 5.2 6
Interest Rate (%) 6.75 6.5 6 6 6 5.75
Balance of Trade (NAD Million) -2805.60 -3351 -2420 -2915 -3205 -2807
Current Account to GDP (%) -2.30 -9 -9 -9 -9 -4
Government Debt to GDP (%) 41.50 50 50 50 50 53
Government Budget (% of GDP) -5.40 -5.4 -5.4 -5.4 -5.4 -5.4
Corporate Tax Rate (%) 32.00 32 32 32 32 32
Personal Income Tax Rate (%) 37.00 37 37 37 37 37
GDP Actual Q1 Q2 Q3 Q4 2020
GDP Growth Rate (%) -0.66 1.6 0.9 0.3 2.1 1.8
GDP Annual Growth Rate (%) -0.80 0.8 1 1.2 1.5 3.3
GDP (USD Billion) 13.24 15 15 15 15 16
GDP Constant Prices (NAD Million) 27069.00 27753 25978 27231 27475 28382
Gross National Product (NAD Million) 173754.81 175145 174624 174797 176361 182181
Gross Fixed Capital Formation (NAD Million) 23147.00 23332 23263 23286 23494 24270
GDP per capita (USD) 5854.86 6200 6200 6200 6200 6400
GDP per capita PPP (USD) 9541.81 10150 10150 9509 9509 9426
GDP From Agriculture (USD Million) 1020.90 1006 1211 1027 1036 1070
GDP From Construction (USD Million) 917.00 1303 989 928 931 961
GDP From Manufacturing (USD Million) 2714.70 2678 2412 2731 2755 2846
GDP From Mining (USD Million) 2564.00 2771 2700 2595 2602 2688
GDP From Public Administration (USD Million) 3276.60 3236 2612 3316 3326 3435
GDP From Transport (USD Million) 1552.00 1648 1590 1561 1575 1627
Prices Actual Q1 Q2 Q3 Q4 2020
Inflation Rate (%) 5.10 4.8 4.5 4.8 5.2 6
Consumer Price Index CPI (Index Points) 135.00 138 139 141 144 153
CPI Transportation (Index Points) 134.80 130 134 141 146 155
Money Actual Q1 Q2 Q3 Q4 2020
Interest Rate (%) 6.75 6.5 6 6 6 5.75
Deposit Interest Rate (%) 5.90 5.65 5.15 5.15 5.15 5.15
Lending Rate (%) 10.50 10.25 9.75 9.75 9.75 9.75
Trade Actual Q1 Q2 Q3 Q4 2020
Balance of Trade (NAD Million) -2805.60 -3351 -2420 -2915 -3205 -2807
Current Account to GDP (%) -2.30 -9 -9 -9 -9 -4
Government Actual Q1 Q2 Q3 Q4 2020
Government Debt to GDP (%) 41.50 50 50 50 50 53
Government Budget (% of GDP) -5.40 -5.4 -5.4 -5.4 -5.4 -5.4
Government Spending (NAD Million) 28749.00 28979 29036 29094 29180 30143
Taxes Actual Q1 Q2 Q3 Q4 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 Q1 Q2 Q3 Q4 2020
Consumer Spending (NAD Million) 83929.00 84600 84349 84433 85188 87999


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.