Namibia GDP Annual Growth Rate  1990-2018 | Data | Chart | Calendar

The Namibian GDP shrank 1.9 percent year-on-year in the third quarter of 2017, following a 0.7 percent drop in the previous period. Output declined for construction (-36.9 percent compared to -45.9 percent); utilities (-5.5 percent compared to -1.1 percent); wholesale and retail trade (-4.4 percent compared to -8.2 percent); public administration (-4 percent compared to 1.2 percent in Q2); fisheries (-1.3 percent compared to -8.6 percent) and education (-0.4 percent compared to 2.8 percent). Also, growth slowed for: mining and quarrying (11.3 percent compared to 25.8 percent); real estate (0.1 percent compared to 0.4 percent); financial services (0.8 percent compared to 0.9 percent); transport (1.3 percent compared to 3.5 percent); agriculture (5.3 percent compared to 20.3) and manufacturing (0.8 percent compared to 3.1 percent). In contrast, output rebounded for health (2 percent compared to -0.8 percent) and hotels and restaurants (0.1 percent compared to -0.4 percent). GDP Annual Growth Rate in Namibia averaged 4.48 percent from 1990 until 2017, 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.

Namibia GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-06-22 11:40 AM GDP Growth Rate YoY -2.7% -1.4%
2017-09-27 12:30 PM GDP Growth Rate YoY -1.7% -1.7% -1.8%
2017-12-15 09:00 AM GDP Growth Rate YoY -1.9% -0.7% 1%
2018-03-29 01:50 PM GDP Growth Rate YoY -1.9% 2.60%
2018-06-22 11:40 AM GDP Growth Rate YoY
2018-09-27 12:30 PM GDP Growth Rate YoY 5.70%


Namibia GDP Last Previous Highest Lowest Unit
GDP Growth Rate -0.56 -0.82 13.30 -8.80 percent [+]
GDP Annual Growth Rate -1.90 -0.70 21.00 -6.10 percent [+]
GDP 10.27 11.49 13.02 1.62 USD Billion [+]
GDP Constant Prices 27123.00 25889.00 28198.00 10269.00 NAD Million [+]
Gross National Product 155351.72 146857.00 155351.72 1417.00 NAD Million [+]
Gross Fixed Capital Formation 31729.00 43324.00 43324.00 2916.00 NAD Million [+]
GDP per capita 6020.90 6082.30 6082.30 3509.40 USD [+]
GDP per capita PPP 9812.40 9912.50 9912.50 5719.30 USD [+]
Gdp From Agriculture 999.00 1187.00 1492.00 643.00 USD Million [+]
Gdp From Construction 815.00 682.00 2011.00 167.00 USD Million [+]
Gdp From Manufacturing 2520.00 2535.00 3378.00 1292.00 USD Million [+]
Gdp From Mining 2505.00 2307.00 2964.00 1075.00 USD Million [+]
Gdp From Public Administration 3211.00 2550.00 4028.40 839.00 USD Million [+]
Gdp From Transport 1515.00 1552.00 1589.00 323.00 USD Million [+]


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. 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-1.90 -0.70 21.00 -6.10 1990 - 2017 percent Quarterly




GDP annual growth rate by Country
Country Last
Turkey 11.10 Sep/17
China 6.80 Dec/17
India 6.30 Sep/17
Indonesia 5.06 Sep/17
South Korea 3.80 Sep/17
Spain 3.10 Sep/17
Canada 3.00 Sep/17
Netherlands 3.00 Sep/17
Australia 2.80 Sep/17
Germany 2.80 Sep/17
Euro Area 2.60 Sep/17
France 2.30 Sep/17
United States 2.30 Sep/17
Japan 2.10 Sep/17
Russia 1.80 Sep/17
Italy 1.70 Sep/17
United Kingdom 1.70 Sep/17
Mexico 1.50 Sep/17
Brazil 1.40 Sep/17
Switzerland 1.20 Sep/17


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