Namibia

Economic Growth

-8.5
the rate of change of real GDP
Dec 81Dec 84Dec 87Dec 90Dec 93Dec 96Dec 99Dec 02Dec 05Dec 08Dec 11Dec 14Dec 17Dec 20-14.000-7.0000.0007.00014.00
  • Namibia
  • Global Median
Source: IMF

Global Ranking

150
Croatia-8.1
151
Mexico-8.31
152
Portugal-8.44
153
Botswana-8.49
154
Namibia-8.5
155
El Salvador-8.58
156
Kyrgyzstan-8.62
157
Kuwait-8.69
158
Bolivia-8.83
159
Italy-8.94

Africa Ranking

41
Morocco-6.29
43
Madagascar-7.14
45
Botswana-8.49
46
Namibia-8.5
47
Tunisia-9.18
48
Lesotho-9.61
49
Seychelles-10.77
50
Cape Verde-14.78
51
Mauritius-14.89

News

Definition of Economic Growth

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources.

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