Namibia Government Debt to GDP
General government gross debt as % of GDP GGXWDG_NGDP
Namibia's government debt to gdp was 63.57% in 2025, ranked 65th globally. This represents a 6.1% decrease from 2024. Data from IMF WEO, covering 1993–2025.
Overview
Namibia's government debt to gdp stood at 63.57% in 2025, a decline of +4.14% from 2024. The IMF projects 63.57% by 2025. Namibia ranked 65th globally.
Namibia’s government debt-to‑GDP ratio has risen steadily from 17.16 in 1993 to 63.57 in 2025, placing the country 65th in the world according to the IMF World Economic Outlook. The ratio reached its all‑time high of 69.60 in 2021, shortly after the fiscal pressures of the COVID‑19 pandemic, while the lowest point of the series was recorded in 2009 at 15.85, reflecting the post‑global‑financial‑crisis consolidation of public finances. Over the 33‑year coverage period the debt ratio has more than tripled, a trajectory that mirrors the experience of other middle‑income economies such as Myanmar, whose 2025 ratio stands at 63.52, and is comparable to Germany’s 64.42. The upward trend suggests that without substantive fiscal reforms or a sustained acceleration in economic growth, Namibia’s debt burden is likely to remain near the current level, with any deviation hinging on future budgetary discipline and revenue performance.
Data & projection
| Year | Government Debt to GDP | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | 65.04% | - | - |
| 2029* IMF | 64.92% | - | - |
| 2028* IMF | 64.88% | - | - |
| 2027* IMF | 64.42% | - | - |
| 2026* IMF | 63.34% | - | - |
| 2025* IMF | 63.57% | - | - |
| 2025 | 63.57% | −4.14% | #65 |
| 2024 | 67.70% | +0.54% | #129 |
| 2023 | 67.16% | −2.27% | #121 |
| 2022 | 69.43% | −0.17% | #128 |
| 2021 | 69.60% | +5.31% | #123 |
| 2020 | 64.30% | +6.73% | #106 |
| 2019 | 57.57% | +8.82% | #116 |
| 2018 | 48.74% | +4.92% | #95 |
| 2017 | 43.83% | −2.00% | #82 |
| 2016 | 45.83% | +3.74% | #89 |
| 2015 | 42.09% | +14.52% | #85 |
| 2014 | 27.57% | +1.46% | #55 |
| 2013 | 26.11% | +1.49% | #53 |
| 2012 | 24.63% | −2.82% | #49 |
| 2011 | 27.45% | +11.12% | #57 |
Detected Pattern
Analysis
Namibia matched the Stagflation Risk pattern in 2009. Historically, 38% of countries showing this pattern (117 out of 307) saw government debt to gdp improve within 24 months. View full analysis →
Frequently Asked Questions
Namibia's government debt to gdp was 63.57% in 2025. Ranked 65th globally. This represents a 6.1% decrease from the previous year.
Namibia's government debt to gdp peaked at 69.60% in 2021.
The lowest government debt to gdp in Namibia was 15.85% in 2009.
Namibia ranks 65th globally in government debt to gdp as of 2025.
The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.
Namibia's government debt to gdp is projected to reach 63.57% by 2025 based on IMF projection.
The government debt to gdp of Namibia in 2025 was 63.57%. This ranks 65th in the world.
Cite this page
@misc{historysaid_namibia_government-debt-to-gdp,
title = {Namibia Government Debt to GDP},
url = {https://historysaid.com/namibia/government-debt-to-gdp/},
publisher = {HistorySaid},
year = {2026}
}