Key data points
Last release
—
Observation period
Q3 2024
Next release
—
Forecast
—
Highest
21.00 % on Sep 30, 2004
Lowest
−11.40 % on Jun 30, 2020
About Namibia GDP YoY
Namibia is a small and relatively open economy that is rich in mineral resources. Services account for around 60 percent of GDP. Within services the most important are wholesale and retail trade (13 percent), public administration and defense (11 percent); education (9 percent) and real estate (8 percent). Mining and quarrying (mainly diamonds and uranium) account for 12.3 percent of the output, manufacturing for 12.3 percent and agriculture and fishing for 9 percent.