Namibia recorded a Government Debt to GDP of 65.30 percent of the country's Gross Domestic Product in 2024. Government Debt to GDP in Namibia averaged 27.56 percent of GDP from 1993 until 2024, reaching an all time high of 67.80 percent of GDP in 2021 and a record low of 14.10 percent of GDP in 2010. source: Bank of Namibia

Government Debt to GDP in Namibia is expected to reach 65.20 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Government Debt to GDP is projected to trend around 66.00 percent of GDP in 2027 and 67.50 percent of GDP in 2028, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 37.00 Mar 2026
Government Budget -6.60 -3.90 percent of GDP Dec 2025
Government Debt 176127.28 171520.47 NAD Million Jun 2025
Government Debt to GDP 65.30 63.90 percent of GDP Dec 2024
Government Spending 42574.84 41264.00 NAD Million Dec 2024
Holidays
Military Expenditure 362.40 339.40 USD Million Dec 2024


Namibia Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.
Actual Previous Highest Lowest Dates Unit Frequency
65.30 63.90 67.80 14.10 1993 - 2024 percent of GDP Yearly