It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. NA: GDP: USD: Gross Savings data is updated yearly, averaging 1.248 USD bn from Dec 1990 to 2017, with 28 observations. NA: GDP: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. If the value added of these sectors is calculated at purchaser values, gross value added at factor cost is derived by subtracting net product taxes from GDP. This records an increase from the previous number of 11.208 USD bn for 2016. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. This series excludes particulate emissions damage. NA: GDP: Final Consumption Expenditure: Household data is updated yearly, averaging 13,598.449 NAD mn from Dec 1980 to 2017, with 38 observations. dollars. Consumption of fixed capital represents the replacement value of capital used up in the process of production. Namibia GDP 1980-2023 | MacroTrends The data is categorized under Global Databases Namibia Table NA.World Bank.WDI: Gross Domestic Product: Nominal. The study further focused on Gross Domestic Product (GDP), GDP per Capita, and Gross National Product Income in the economy of Namibia. NA: GDP: Gross National Expenditure data is updated yearly, averaging 23,933.079 NAD mn from Dec 1980 to 2017, with 38 observations. NA: Adjusted Savings: Education Expenditure: % of GNI data remains active status in CEIC and is reported by World Bank. NA: GDP: USD: per Capita data is updated yearly, averaging 2,295.005 USD from Dec 1980 to 2017, with 38 observations. This records a decrease from the previous number of 124,543.578 NAD mn for 2016. It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. This records a decrease from the previous number of 36,408.708 NAD mn for 2015. ; Weighted Average; NA: Adjusted Savings: Mineral Depletion data was reported at 251.853 USD mn in 2016. Copyright 2003 By International Monetary Fund. The data is categorized under Global Databases Namibia Table NA.World Bank: Gross Domestic Product: Nominal. The GDP value of Namibia represents 0.01 percent of the world economy. ;; NA: GDP: GNI per Capita data was reported at 68,575.030 NAD in 2017. NA: GDP: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. Generally the yield is calculated at the pre-tax level and before deductions for brokerage costs and commissions and is derived from the relationship between the present market value of the bond and that at maturity, taking into account also interest payments paid through to maturity.. The data reached an all-time high of 10.000 % in 1993 and a record low of 6.360 % in 2001. Namibia - Human Development Report, 2021-22 Statistical Update - Knoema Thus, it may not be comparable with other national accounts series in the database for historical years. ; ; World Bank national accounts data, and OECD National Accounts data files. ; ; World Bank national accounts data, and OECD National Accounts data files. Namibia NA: Gross Domestic Product (GDP) | Economic Indicators | CEIC ; ; NA: Adjusted Savings: Particulate Emission Damage: % of GNI data was reported at 0.697 % in 2016. ; ; NA: GDP: External Balance of Goods and Services data was reported at -19,080.492 NAD mn in 2017. 13, 2023, by day. The ratio is . License: CC BY-4.0 . and nonfinancial property income (patents, copyrights, etc.). Namibia Real GDP, 1960-2022 - knoema.com This records an increase from the previous number of 15,957.491 NAD mn for 2020. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. Namibia GDP, 1980-2021 - knoema.com Data are in current U.S. The data reached an all-time high of 12.341 USD bn in 2017 and a record low of 1.255 USD bn in 1985. ; ; World Bank national accounts data, and OECD National Accounts data files. The data is categorized under Global Databases Namibia Table NA.World Bank.WDI: Gross Domestic Product: Nominal. NA: GDP: USD: Final Consumption Expenditure: Household data remains active status in CEIC and is reported by World Bank. Apr 14, 2023. Not to infringe upon the integrity of the IFS you have downloaded by mean of data transmission, and in particular to refrain from any act of alteration of the Work, such as abbreviation, reorganization, re-structuring thereof. The data is categorized under Global Databases Namibia Table NA.World Bank: Gross Domestic Product: Nominal. This records an increase from the previous number of 136.635 2010=100 for 2016. The data is categorized under Global Databases Namibia Table NA.World Bank: Gross Domestic Product: Nominal. Data are in current U.S. NA: GDP: USD: Net Current Transfer from Abroad data is updated yearly, averaging 562.793 USD mn from Dec 1990 to 2017, with 28 observations. NA: GDP: Gross Value Added at Basic Prices data remains active status in CEIC and is reported by World Bank. dollars. The economy of Namibia has grown at an average annual growth rate of -0.8% in the last four years and is ranked the 35th largest economy in Africa, ahead of Congo, Rep.. NA: GDP: USD: Gross Value Added at Factor Cost data remains active status in CEIC and is reported by World Bank. NA: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data remains active status in CEIC and is reported by World Bank. This records an increase from the previous number of 1.043 % for 2015. This records a decrease from the previous number of 4,162.813 USD for 2015. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime. Furthermore, the study examines relationships among Consumption, Gross Domestic Savings (GDS), Gross Domestic Investment (GDI) and Gross Domestic Product (GDP). ; Weighted average; NA: Adjusted Savings: Consumption of Fixed Capital data was reported at 1.146 USD bn in 2016. Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. ; Gap-filled total; NA: GDP: USD: Gross National Income per Capita: Atlas Method data was reported at 4,600.000 USD in 2017. ; ; NA: Adjusted Savings: Mineral Depletion: % of GNI data was reported at 2.355 % in 2016. NA: GDP: USD: Adjusted Net National Income data is updated yearly, averaging 4.572 USD bn from Dec 1990 to 2016, with 27 observations. Agriculture contributed around 5.4% to the Gross Domestic Product for the year 2008, which is lower than its potential capacity. ; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018). Data are in current local currency. Thus, it may not be comparable with other national accounts series in the database for historical years. Gross Domestic Product of Namibia grew 2.7% in 2021 compared to last year. ; Weighted Average; NA: Adjusted Savings: Particulate Emission Damage data was reported at 74.481 USD mn in 2016. NA: GDP: USD: Gross Value Added at Factor Cost data is updated yearly, averaging 3.500 USD bn from Dec 1980 to 2017, with 38 observations. This records an increase from the previous number of 2.730 USD bn for 2020. The data reached an all-time high of 7.737 USD bn in 2017 and a record low of 803.721 USD mn in 1985. This records an increase from the previous number of 96,618.503 NAD mn for 2016. NA: Adjusted Savings: Net Forest Depletion: % of GNI data is updated yearly, averaging 0.000 % from Dec 1980 to 2016, with 37 observations. This overall decrease does not happen. ; ; NA: Adjusted Savings: Net Forest Depletion: % of GNI data was reported at 0.000 % in 2016. ; ; World Bank national accounts data, and OECD National Accounts data files. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. The data is categorized under Global Databases Namibia Table NA.World Bank: Gross Domestic Product: Nominal. The data is categorized under Global Databases Namibia Table NA.World Bank.WDI: Gross Domestic Product: Nominal. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. dollars. This records an increase from the previous number of 1,937.360 NAD mn for 2016. NA: GDP: USD: Gross National Income per Capita: Atlas Method data remains active status in CEIC and is reported by World Bank. Namibia GDP - Gross Domestic Product 2021 | countryeconomy.com Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. NA: GDP: Gross Value Added at Factor Cost: Industry: Manufacturing data remains active status in CEIC and is reported by World Bank. ; ; NA: GDP: Discrepancy data was reported at -0.057 NAD mn in 2017. The data is categorized under Global Databases Namibia Table NA.World Bank: Gross Domestic Product: Nominal. NA: Adjusted Savings: Net Forest Depletion data remains active status in CEIC and is reported by World Bank. Subsidies are grants on the current account made by general government to private enterprises and unincorporated public enterprises. Namibia | Gross Domestic Product: Share of GDP | CEIC ; ; NA: Adjusted Net Savings: Excluding Particulate Emission Damage: % of GNI data was reported at 3.386 % in 2016. NA: GDP: Gross Value Added at Factor Cost data is updated yearly, averaging 19,997.898 NAD mn from Dec 1980 to 2017, with 38 observations. GNI per capita (formerly GNP per capita) is the gross national income, converted to U.S. dollars using the World Bank Atlas method, divided by the midyear population. If the value added of these sectors is calculated at purchaser values, gross value added at basic prices is derived by subtracting net product taxes from GDP. Data are in current U.S. The data is categorized under Global Databases Namibia Table NA.World Bank: Gross Domestic Product: Nominal. ; Gap-filled total; NA: GDP: USD: Gross Capital Formation data was reported at 2.337 USD bn in 2017. ; ; NA: GDP: Final Consumption Expenditure data was reported at 164,288.731 NAD mn in 2017. International Financial Statistics. Data are in current U.S. Data are in current local currency. Namibia - ratio of government expenditure to gross domestic product NA: Adjusted Savings: Energy Depletion: % of GNI data is updated yearly, averaging 0.000 % from Dec 1990 to 2016, with 27 observations. 144 Namibia 12,607 145 Equatorial Guinea 11,814 146 Channel Islands 11,736 147 Syrian Arab Republic 11,159 148 Kyrgyz Republic 10,931 . Data for other years have been extrapolated from trends in mortality rates. and Consumer Credit Risk Solutions from GDP by Country - Worldometer Private investment covers gross outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. NA: Adjusted Savings: Consumption of Fixed Capital: % of GNI data is updated yearly, averaging 10.870 % from Dec 1980 to 2016, with 37 observations. NA: Adjusted Savings: Particulate Emission Damage: % of GNI data remains active status in CEIC and is reported by World Bank. The data reached an all-time high of 2,000.967 NAD mn in 2017 and a record low of 648.649 NAD mn in 2007. NA: GDP: Gross Value Added at Factor Cost: Financial Intermediary Services Indirectly Measured data is updated yearly, averaging 1,315.442 NAD mn from Dec 2007 to 2017, with 11 observations. ; ; World Bank staff estimates based on sources and methods described in 'The Changing Wealth of Nations 2018: Building a Sustainable Future' (Lange et al 2018). NA: Adjusted Savings: Particulate Emission Damage data is updated yearly, averaging 73.794 USD mn from Dec 1990 to 2016, with 27 observations. source: World Bank 10Y 25Y 50Y MAX Chart Compare Export API Embed Namibia GDP The data reached an all-time high of 37.623 % in 2006 and a record low of 9.302 % in 2016. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. NA: GDP: USD: Changes in Inventories data remains active status in CEIC and is reported by World Bank. Natural resource depletion is the sum of net forest depletion, energy depletion, and mineral depletion. Gross savings are calculated as gross national income less total consumption, plus net transfers. Namibia's Annual Growth Rate | Economic Data | World Economics Gross value added at factor cost (formerly GDP at factor cost) is derived as the sum of the value added in the agriculture, industry and services sectors. GNI, calculated in national currency, is usually converted to U.S. dollars at official exchange rates for comparisons across economies, although an alternative rate is used when the official exchange rate is judged to diverge by an exceptionally large margin from the rate actually applied in international transactions. namibia's economy - namibiahc.org.uk Countries in the world ranked by Gross Domestic Product (GDP). Data are in current U.S. ; ; NA: GDP: USD: Net Taxes on Product data was reported at 973.211 USD mn in 2017. 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Namibia - Gross domestic product based on purchasing-power-parity (PPP) share of world total (Percent) Namibia - Gross domestic product per capita, current prices (U.S. dollars) Namibia - Gross domestic product per capita, current prices (National currency) Namibia - Gross domestic product per capita, constant prices (National currency) Namibia . 2023 Data - 2024 Forecast - 1980-2022 Historical - Chart - News, Namibia Money Supply M1 at 75110.90 NAD Million, Namibia Inflation Rate MoM at 0.20 percent, Namibia Prime Lending Rate at 11.50 percent, Namibia GDP Annual Growth Rate at 5.00 percent, Namibia GDP From Utilities at 991.20 USD Million, Namibia GDP From Transport and Communication at 1155.00 USD Million, Namibia GDP From Wholesale and Retail Trade at 3322.20 USD Million, Namibia GDP From Public Administration at 3770.20 USD Million, US Stocks Close Lower, Post Weekly Losses, Costa Rica Inflation Rate Falls the Most Since 2016, South African Stocks Advance on Friday, Still Books Weekly Fall. The data reached an all-time high of 1.694 USD bn in 2011 and a record low of 148.689 USD mn in 1985. NA: GDP: Final Consumption Expenditure data remains active status in CEIC and is reported by World Bank. Net current transfers from abroad is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. We have a plan for your needs. The data reached an all-time high of 50,155.338 NAD mn in 2017 and a record low of 795.222 NAD mn in 1981. The data reached an all-time high of 31.956 % in 2006 and a record low of 3.386 % in 2016. on the Namibia economy for the period 1981 - 2018. NA: GDP: Linked Series data is updated yearly, averaging 50,186.288 NAD mn from Dec 1990 to 2021, with 32 observations. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' NA: GDP: per Capita data remains active status in CEIC and is reported by World Bank. ; Weighted Average; NA: GDP data was reported at 176,324.000 NAD mn in 2017. GDP per capita is gross domestic product divided by midyear population. dollars. Estimates of health impacts from the Global Burden of Disease Study 2016. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. ; ; NA: GDP: USD: Gross Value Added at Basic Price: Industry (including Construction) data was reported at 3.114 USD bn in 2021. dollars. ;;Note: Data for OECD countries are based on ISIC, revision 4. NA: GDP: Gross Value Added at Basic Prices: Agriculture, Forestry, and Fishing data remains active status in CEIC and is reported by World Bank. NA: GDP: Gross National Expenditure data remains active status in CEIC and is reported by World Bank. The data reached an all-time high of 12.270 % in 2004 and a record low of -1.823 % in 1983. Gross fixed capital formation (formerly gross domestic fixed investment) includes land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. output) provided but for which financial institutions do not charge explicitly as compared to explicit bank charges. NA: GDP: Market Price: Linked Series data is updated yearly, averaging 37,303.897 NAD mn from Dec 1989 to 2017, with 29 observations. Data are in current U.S. NA: GDP: USD: Changes in Inventories data is updated yearly, averaging 18.356 USD mn from Dec 1980 to 2017, with 38 observations. These cookies are used to collect information about how you interact with our website and allow us to remember you. NA: GDP: USD: Final Consumption Expenditure: General Government data remains active status in CEIC and is reported by World Bank. Labor income covers compensation of employees paid to nonresident workers. ; ; World Bank national accounts data, and OECD National Accounts data files. . GNI is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad. This records a decrease from the previous number of 5.056 % for 2015. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. To use the Work, for private or other personal use only and to refrain from any commercial distribution of the work or part of it. Namibia GDP Summary Forecast Stats Download The Gross Domestic Product (GDP) in Namibia was worth 12.61 billion US dollars in 2022, according to official data from the World Bank. World Bank national accounts data, and OECD National Accounts data files. ; ; NA: GDP: USD: Exports of Goods and Services data was reported at 4.858 USD bn in 2017. ; ; World Bank national accounts data files. NA: GDP: Final Consumption Expenditure: Households and NPISHs: Linked Series data is updated yearly, averaging 28,537.415 NAD mn from Dec 1990 to 2021, with 32 observations. Imports of goods and services represent the value of all goods and other market services received from the rest of the world. The data is categorized under Global Databases Namibia Table NA.World Bank: Gross Domestic Product: Nominal. GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. Adjusted net savings are equal to net national savings plus education expenditure and minus energy depletion, mineral depletion, net forest depletion, and carbon dioxide. NA: GDP: Market Price: Linked Series data remains active status in CEIC and is reported by World Bank. It comprises value added in mining, manufacturing (also reported as a separate subgroup), construction, electricity, water, and gas. ; ; NA: GDP: Gross National Expenditure data was reported at 195,404.550 NAD mn in 2017. NA: GDP: USD: Final Consumption Expenditure data is updated yearly, averaging 3.288 USD bn from Dec 1980 to 2017, with 38 observations. The data is categorized under Global Databases Namibia Table NA.World Bank: Gross Domestic Product: Nominal. ; Weighted average; NA: Adjusted Savings: Education Expenditure data was reported at 891.771 USD mn in 2016. The data is categorized under Global Databases Namibia Table NA.World Bank: Gross Domestic Product: Nominal. External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). The data reached an all-time high of 1,731.720 NAD mn in 2003 and a record low of -4,279.004 NAD mn in 2012. Also included are imputed bank service charges and import duties. Acknowledged as a standard source of statistics on all aspects of international and domestic finance, IFS publishes, for most countries of the world, current data on exchange rates, international liquidity, international banking, money and banking interest rates, prices, production, international transactions (including balance of payments and international investment position), government finance, national accounts and population. Current job openings: Download historical data for 20 million indicators using your browser. The data is categorized under Global Databases Namibia Table NA.World Bank: Gross Domestic Product: Nominal. Manufacturing refers to industries belonging to ISIC divisions 15-37. NA: Gross National Income: Linked Series data remains active status in CEIC and is reported by World Bank.
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