The economy of Namibia shrank by 0.5% year-on-year in Q4 2025, marking the first contraction since Q1 2021, following an upwardly revised 2.6% growth in the previous period. Mining & quarrying (-28.8% vs -5.5% in Q3) was the main dragger, followed by manufacturing (-5.1% vs 2.6%) and financial service activities (-1% vs 2.3%). On the other hand, notable growth was recorded in construction (23.4% vs 12.2%); utilities (12.5% vs 20.3%); wholesale & retail trade (9.5% vs 7.7%); information & communication (8.4% vs 13.3%); health (6% vs 3.9%) and hotels & restaurants (5.3% vs -0.8%). On a quarterly basis, the GDP rose by 6.4%, after a revised 2.1% decline in the previous quarter. The Namibian economic growth slowed to 1.7% in 2025 from an upwardly revised 3.8% in the year before, mainly attributed to weak performance in both primary and secondary sectors. source: Central Bureau of Statistics, Namibia

The Gross Domestic Product (GDP) in Namibia contracted 0.50 percent in the fourth quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Namibia averaged 3.36 percent from 1990 until 2025, reaching an all time high of 21.00 percent in the third quarter of 2004 and a record low of -11.40 percent in the second quarter of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.

The Gross Domestic Product (GDP) in Namibia contracted 0.50 percent in the fourth quarter of 2025 over the same quarter of the previous year. GDP Annual Growth Rate in Namibia is expected to be -1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia GDP Annual Growth Rate is projected to trend around 2.80 percent in 2027 and 3.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-12-18 11:00 AM
GDP Growth Rate YoY
Q3 1.9% 1.3% 1.3%
2026-03-26 09:15 AM
GDP Growth Rate YoY
Q4 -0.5% 2.6% 3.0%
2026-06-26 10:00 AM
GDP Growth Rate YoY
Q1 -0.5% -1.7%


Related Last Previous Unit Reference
GDP Growth Rate YoY -0.50 2.60 percent Dec 2025
GDP Constant Prices 38525.20 39503.60 USD Million Sep 2025
GDP from Agriculture 914.10 1863.50 USD Million Sep 2025
GDP from Construction 416.30 426.40 USD Million Sep 2025
GDP from Manufacturing 4003.30 3758.30 USD Million Sep 2025
GDP from Mining 3589.30 4703.20 USD Million Sep 2025
GDP from Public Administration 5356.50 4168.50 USD Million Sep 2025
GDP from Services 3842.80 4144.00 USD Million Sep 2025
GDP from Transport 1090.90 1160.00 USD Million Sep 2025
GDP from Utilities 1152.70 1204.90 USD Million Sep 2025
GDP Growth Rate 6.40 -2.10 percent Dec 2025
Gross Fixed Capital Formation 37751.00 41188.00 NAD Million Dec 2025
Gross National Product 253499.00 242157.00 NAD Million Dec 2025


Namibia GDP Annual Growth Rate
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.
Actual Previous Highest Lowest Dates Unit Frequency
-0.50 2.60 21.00 -11.40 1990 - 2025 percent Quarterly
Constant Prices 2015, NSA

News Stream
Namibia Economy Contracts in Q4
The economy of Namibia shrank by 0.5% year-on-year in Q4 2025, marking the first contraction since Q1 2021, following an upwardly revised 2.6% growth in the previous period. Mining & quarrying (-28.8% vs -5.5% in Q3) was the main dragger, followed by manufacturing (-5.1% vs 2.6%) and financial service activities (-1% vs 2.3%). On the other hand, notable growth was recorded in construction (23.4% vs 12.2%); utilities (12.5% vs 20.3%); wholesale & retail trade (9.5% vs 7.7%); information & communication (8.4% vs 13.3%); health (6% vs 3.9%) and hotels & restaurants (5.3% vs -0.8%). On a quarterly basis, the GDP rose by 6.4%, after a revised 2.1% decline in the previous quarter. The Namibian economic growth slowed to 1.7% in 2025 from an upwardly revised 3.8% in the year before, mainly attributed to weak performance in both primary and secondary sectors.
2026-03-26
Namibia GDP Growth Quickens in Q3
The economy of Namibia advanced by 1.9% year-on-year in Q3 2025, accelerating from a 1.3% expansion in the previous three-month period. Tertiary activities (+4.1%) were the main driver of growth, led by financial services activities (8.4%); wholesale and retail trade (5.5%), education (4.9%), and health (4.7%). At the same time, the industrial sector rose 1.2%, as strong growth in utilities (+12.5%) was offset by declines in construction (-5%) and manufacturing (-1%). Conversely, primary activities witnessed a decrease of 6.9%, amid poor performance in agriculture and forestry (-22.7%) and mining and quarrying (-4.2%). A significant decrease in marketed animals, due to farmer restocking, was observed, along with a decline in diamond and metal ores except uranium ore.
2025-12-18
Namibia GDP Growth Continues to Slow in Q2
The economy of Namibia expanded by 1.6% year-on-year in Q2 2025, decelerating from an upwardly revised 2.8% advance in the previous period. This marked the slowest pace of growth since a 3.5% contraction observed in Q1 2021, hindered by poor performance in manufacturing (-9.7% vs -1.3% in Q1), fishing activities (-4.4% vs -7.3%) and agriculture & forestry (-3.5% vs -20.1%). At the same time, output slowed markedly in some activities, primarily administrative & support services (0.9% vs 5.7%); health (3% vs 11.4%); transport & storage (1.1% vs 4.6%) and real estate and professional services (1.6% vs 2.1%). On a quarterly basis, the GDP shrank 1.5% in Q2, following a revised 3.1% contraction in the first quarter.
2025-09-25