Government Debt to GDP in Namibia increased to 69.60 percent in 2020 from 54.80 percent in 2019. source: Bank of Namibia

Government Debt to GDP in Namibia averaged 24.18 percent from 1993 until 2020, reaching an all time high of 69.60 percent in 2020 and a record low of 14.22 percent in 2010. This page provides the latest reported value for - Namibia Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Namibia Government Debt to GDP - values, historical data and charts - was last updated on September of 2021.

Government Debt to GDP in Namibia is expected to reach 70.20 percent of GDP by the end of 2021, 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 72.00 percent of GDP in 2022 and 75.00 percent of GDP in 2023, according to our econometric models.

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Namibia Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
69.60 54.80 69.60 14.22 1993 - 2020 percent of GDP Yearly

Namibia Government Last Previous Highest Lowest Unit
Government Debt to GDP 69.60 54.80 69.60 14.22 percent of GDP [+]
Government Budget -9.50 -5.00 5.10 -9.50 percent of GDP [+]
Government Spending 39311.00 39922.00 40186.00 6120.00 NAD Million [+]
Government Debt 111507.00 99806.00 111507.00 11655.30 NAD Million [+]
Military Expenditure 417.00 414.00 561.00 75.00 USD Million [+]
Credit Rating 45.00 [+]

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.