Namibia GDP Growth
Annual percentage growth rate of GDP NY.GDP.MKTP.KD.ZG
Namibia's gdp growth was 3.60% in 2025, ranked 69th globally. This represents a 3.1% decrease from 2024. Data from World Bank, covering 1981–2025.
Overview
Namibia's gdp growth stood at 3.60% in 2025, a decline of +0.12pp from 2024. The IMF projects 3.60% by 2025. Namibia ranked 69th globally.
Namibia’s annual real GDP growth has averaged 3.60% in 2025, placing the country 69th worldwide, and reflects a gradual recovery from the deepest contraction of -8.10% recorded in 2020 during the global pandemic‑induced downturn. The economy’s most vigorous expansion occurred in 2004 when growth surged to 12.27%, driven by a commodities boom and heightened foreign investment. Over the 45‑year series, growth has fluctuated but remained broadly positive, with the 1981 baseline at 0.97% indicating modest early performance. Compared with peers of similar rank, Bangladesh posted 3.76% and Costa Rica 3.59% in the same year, underscoring Namibia’s competitive position within the middle‑income growth cohort. Structural reforms in mining, renewable energy, and tourism continue to underpin prospects, yet the trajectory will hinge on external demand for minerals and the country’s ability to diversify its export base, suggesting that sustained reform could preserve the upward trend.
Data & projection
| Year | GDP Growth | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 3.02% | - | - |
| 2029* IMF | 3.04% | - | - |
| 2028* IMF | 3.04% | - | - |
| 2027* IMF | 2.92% | - | - |
| 2026* IMF | 3.84% | - | - |
| 2025* IMF | 3.60% | - | - |
| 2025 | 3.60% | −0.12pp | #69 |
| 2024 | 3.71% | −0.73pp | #79 |
| 2023 | 4.44% | −0.96pp | #61 |
| 2022 | 5.40% | +1.79pp | #71 |
| 2021 | 3.60% | +11.70pp | #146 |
| 2020 | -8.10% | −7.26pp | #155 |
| 2019 | -0.84% | −1.90pp | #195 |
| 2018 | 1.06% | +2.09pp | #175 |
| 2017 | -1.03% | −1.06pp | #189 |
| 2016 | 0.03% | −4.23pp | #186 |
| 2015 | 4.26% | −1.83pp | #62 |
| 2014 | 6.09% | +0.48pp | #37 |
| 2013 | 5.61% | +0.55pp | #46 |
| 2012 | 5.06% | −0.03pp | #62 |
| 2011 | 5.09% | −0.95pp | #80 |
Detected Pattern
Analysis
Namibia matched the Stagflation Risk pattern in 2009. Historically, 38% of countries showing this pattern (117 out of 307) saw gdp growth improve within 24 months. View full analysis →
Frequently Asked Questions
Namibia's gdp growth was 3.60% in 2025. Ranked 69th globally. This represents a 3.1% decrease from the previous year.
Namibia's gdp growth peaked at 12.27% in 2004.
The lowest gdp growth in Namibia was -8.10% in 2020.
Namibia ranks 69th globally in gdp growth as of 2025.
The World Bank indicator code is NY.GDP.MKTP.KD.ZG. Data sourced from World Bank.
Namibia's gdp growth is projected to reach 3.60% by 2025 based on IMF projection.
The gdp growth of Namibia in 2025 was 3.60%. This ranks 69th in the world.
Cite this page
@misc{historysaid_namibia_gdp-growth,
title = {Namibia GDP Growth},
url = {https://historysaid.com/namibia/gdp-growth/},
publisher = {HistorySaid},
year = {2026}
}