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Namibia Poverty Rate

Poverty headcount ratio at $2.15/day  SI.POV.DDAY

Namibia's poverty rate was 22.90% in 2015, ranked 79th globally. This represents a 40.7% decrease from 2014. Data from World Bank, covering 1993–2015.

22.90% −15.70pp (-40.7%)
Year 2015 Rank #79 Global Peak 60.30% (1993) Source World Bank

Namibia Poverty Rate (1993–2015)

Overview

Namibia's poverty rate stood at 22.90% in 2015, a decline of +15.70pp from 2009. Namibia ranked 79th globally.

Namibia’s poverty rate fell dramatically from an all‑time peak of 60.30 % in 1993 to a trough of 22.90 % in 2015, placing the country 79th globally in the latest World Bank series. The decline, recorded over a 22‑year span, reflects sustained economic growth, expanded social protection programmes and improved access to basic services, especially in rural areas. While the 2015 figure remains higher than Botswana’s 21.40 % and Indonesia’s 21.60 %, it is substantially lower than Nigeria’s 35.80 % and Kenya’s 37.70 %, underscoring Namibia’s relative progress among peers with similar development challenges. The reduction in poverty coincided with the diversification of the mining sector and increased fiscal capacity for targeted subsidies, which together helped lift households out of extreme deprivation. Continued investment in education, renewable energy and inclusive agriculture will be crucial to maintain the downward trajectory, as any slowdown in growth or fiscal tightening could stall further improvements in living standards.

Data & projection

Year Poverty Rate YoY change Rank
2015 22.90% −15.70pp #79
2009 38.60% −9.00pp #77
2003 47.60% −12.70pp #59
1993 60.30% – #32

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 9.5% GDP growth 0.3% Unemployment 22.3%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Namibia matched the Stagflation Risk pattern in 2009. Historically, 38% of countries showing this pattern (117 out of 307) saw poverty rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Namibia's poverty rate?▾

Namibia's poverty rate was 22.90% in 2015. Ranked 79th globally. This represents a 40.7% decrease from the previous year.

What was the highest poverty rate in Namibia?▾

Namibia's poverty rate peaked at 60.30% in 1993.

What was the lowest poverty rate in Namibia?▾

The lowest poverty rate in Namibia was 22.90% in 2015.

How does Namibia rank in poverty rate?▾

Namibia ranks 79th globally in poverty rate as of 2015.

What is the World Bank indicator code for poverty rate?▾

The World Bank indicator code is SI.POV.DDAY. Data sourced from World Bank.

What is the poverty rate of Namibia in 2015?▾

The poverty rate of Namibia in 2015 was 22.90%. This ranks 79th in the world.

Cite this page

APA
Namibia Poverty Rate. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/namibia/poverty-rate/
BibTeX
@misc{historysaid_namibia_poverty-rate, title = {Namibia Poverty Rate}, url = {https://historysaid.com/namibia/poverty-rate/}, publisher = {HistorySaid}, year = {2026} }
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