Overview
Discussions Key data points
Last release
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Observation period
2023
Next release
—
Forecast
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Highest
13.68 B USD on Dec 31, 2018
Lowest
1.61 B USD on Dec 31, 1985
About Namibia GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
Related indicators
Frequently Asked Questions
One of the ways to count Namibia GDP is to add up its consumer spending, business investment, government spending, and net exports.
In 2023 Namibia GDP was 12.35 B USD, and the previous year it amounted to 12.57 B USD.
Namibia GDP accounts for 0.01% of the world GDP.
GDP per capita is gross domestic product divided by a country's population. In 2023 Namibia GDP per capita was 4.51 K USD, and in 2022 it amounted to 4.39 K USD.
Last quarter Namibia real GDP amounted to 39.11 B USD, the quarter before that it was 38.73 B USD.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
The highest figure Namibia GDP has ever reached is 13.68 B USD.
The lowest ever value Namibia GDP has reached is 1.61 B USD.