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Economy of Namibia

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Overview Economy Population Trade Government Finance Society Environment

GDP Composition by Industry

8.0% 30.3% 14.3% 40.8%
  • Agriculture, forestry & fishing: 8.0%
  • Mining, manufacturing & utilities: 30.3%
  • Construction: 1.5%
  • Trade, restaurants & hotels: 14.3%
  • Transport & communication: 5.0%
  • Finance, real estate & other services: 40.8%
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Agriculture, forestry & fishing
8.0%
Mining, manufacturing & utilities
30.3%
Construction
1.5%
Trade, restaurants & hotels
14.3%
Transport & communication
5.0%
Finance, real estate & other services
40.8%

Share of total gross value added by industry.
Source: UN National Accounts, 2024.

GDP

GDP (USD) 17.3B #138 / 190 2026
GDP (Local currency - NAD) 289B - 2026
Real GDP (Local currency - NAD) 165B - 2026
PPP GDP (Int$) 39.4B #140 / 191 2026
GNI (USD) 12.9B #148 / 210 2024

GDP per Capita

GDP per Capita (USD) 5,573 #122 / 190 2026
GDP per Capita (Local currency - NAD) 93,069 - 2026
Real GDP per Capita (Local currency - NAD) 53,170 - 2026
PPP GDP per Capita (Int$) 12,666 #127 / 191 2026
GNI per Capita (USD) 4,266 #141 / 210 2024

Economic Growth

GDP Growth 2.4% #118 / 191 2026

Prices and Inflation

Inflation Rate 3.9% #80 / 191 2026

Labor Market

Unemployment Rate No data - -

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