Namibia - GDP

GDP (current US$)

The latest value for GDP (current US$) in Namibia was $10,619,190,000 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between $13,682,060,000 in 2018 and $1,608,219,000 in 1985.

Definition: 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. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1980 $2,422,096,000
1981 $2,249,855,000
1982 $2,118,742,000
1983 $2,297,401,000
1984 $1,951,230,000
1985 $1,608,219,000
1986 $1,809,074,000
1987 $2,300,105,000
1988 $2,495,060,000
1989 $2,535,113,000
1990 $2,789,945,000
1991 $2,996,886,000
1992 $3,429,539,000
1993 $3,251,231,000
1994 $3,666,501,000
1995 $3,978,498,000
1996 $3,989,209,000
1997 $4,154,956,000
1998 $3,873,099,000
1999 $3,868,542,000
2000 $3,922,248,000
2001 $3,557,333,000
2002 $3,349,185,000
2003 $4,926,471,000
2004 $6,609,199,000
2005 $7,248,394,000
2006 $8,001,780,000
2007 $8,839,526,000
2008 $8,607,476,000
2009 $8,938,868,000
2010 $11,431,330,000
2011 $12,523,400,000
2012 $13,042,010,000
2013 $12,043,280,000
2014 $12,435,420,000
2015 $11,335,180,000
2016 $10,721,990,000
2017 $12,895,150,000
2018 $13,682,060,000
2019 $12,496,780,000
2020 $10,619,190,000

GDP (current LCU)

The value for GDP (current LCU) in Namibia was 174,827,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 181,067,000,000 in 2018 and a minimum value of 1,886,328,000 in 1980.

Definition: 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. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1980 1,886,328,000
1981 1,974,473,000
1982 2,300,529,000
1983 2,559,534,000
1984 2,878,649,000
1985 3,584,238,000
1986 4,133,734,000
1987 4,683,015,000
1988 5,672,518,000
1989 6,648,842,000
1990 7,218,423,000
1991 8,275,300,000
1992 9,781,044,000
1993 10,624,050,000
1994 13,019,010,000
1995 14,430,410,000
1996 17,150,800,000
1997 19,146,040,000
1998 21,411,650,000
1999 23,634,850,000
2000 27,219,620,000
2001 30,625,790,000
2002 35,302,750,000
2003 37,267,280,000
2004 42,693,440,000
2005 46,223,730,000
2006 54,148,840,000
2007 62,357,560,000
2008 71,026,300,000
2009 76,184,180,000
2010 83,795,110,000
2011 91,420,840,000
2012 106,864,000,000
2013 117,423,000,000
2014 134,836,000,000
2015 146,019,000,000
2016 157,708,000,000
2017 171,570,000,000
2018 181,067,000,000
2019 180,559,000,000
2020 174,827,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Namibia was 174,827,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 181,067,000,000 in 2018 and 7,555,553,000 in 1990.

Definition: 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. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. 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. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 7,555,553,000
1991 8,661,791,000
1992 10,185,850,000
1993 11,063,740,000
1994 13,019,010,000
1995 14,430,410,000
1996 17,150,800,000
1997 19,146,040,000
1998 21,411,650,000
1999 23,634,850,000
2000 27,219,620,000
2001 30,625,790,000
2002 35,302,750,000
2003 37,267,280,000
2004 42,693,440,000
2005 46,223,730,000
2006 54,148,840,000
2007 62,357,560,000
2008 71,026,300,000
2009 76,184,180,000
2010 83,795,110,000
2011 91,420,840,000
2012 106,864,000,000
2013 117,423,000,000
2014 134,836,000,000
2015 146,019,000,000
2016 157,708,000,000
2017 171,570,000,000
2018 181,067,000,000
2019 180,559,000,000
2020 174,827,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Namibia was 10,285,280,000 as of 2020. Over the past 40 years, the value for this indicator has fluctuated between 11,341,480,000 in 2018 and 3,425,640,000 in 1984.

Definition: 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. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1980 3,477,745,000
1981 3,511,529,000
1982 3,497,550,000
1983 3,433,774,000
1984 3,425,640,000
1985 3,441,541,000
1986 3,605,608,000
1987 3,733,743,000
1988 3,764,104,000
1989 3,834,067,000
1990 3,912,568,000
1991 4,232,053,000
1992 4,536,309,000
1993 4,464,657,000
1994 4,541,890,000
1995 4,718,979,000
1996 4,869,577,000
1997 5,075,078,000
1998 5,242,128,000
1999 5,418,750,000
2000 5,607,983,000
2001 5,674,042,000
2002 5,945,753,000
2003 6,197,840,000
2004 6,958,287,000
2005 7,134,281,000
2006 7,638,901,000
2007 8,049,419,000
2008 8,262,713,000
2009 8,287,169,000
2010 8,787,652,000
2011 9,235,061,000
2012 9,702,510,000
2013 10,247,280,000
2014 10,871,600,000
2015 11,335,180,000
2016 11,339,010,000
2017 11,222,530,000
2018 11,341,480,000
2019 11,240,760,000
2020 10,285,280,000

GDP (constant LCU)

The value for GDP (constant LCU) in Namibia was 132,494,000,000 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of 146,100,000,000 in 2018 and a minimum value of 44,128,750,000 in 1984.

Definition: 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. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1980 44,799,960,000
1981 45,235,170,000
1982 45,055,090,000
1983 44,233,540,000
1984 44,128,750,000
1985 44,333,580,000
1986 46,447,080,000
1987 48,097,710,000
1988 48,488,810,000
1989 49,390,060,000
1990 50,401,300,000
1991 54,516,880,000
1992 58,436,280,000
1993 57,513,260,000
1994 58,508,170,000
1995 60,789,410,000
1996 62,729,400,000
1997 65,376,650,000
1998 67,528,570,000
1999 69,803,790,000
2000 72,241,470,000
2001 73,092,440,000
2002 76,592,590,000
2003 79,839,960,000
2004 89,635,960,000
2005 91,903,090,000
2006 98,403,560,000
2007 103,692,000,000
2008 106,439,000,000
2009 106,754,000,000
2010 113,202,000,000
2011 118,965,000,000
2012 124,987,000,000
2013 132,004,000,000
2014 140,047,000,000
2015 146,019,000,000
2016 146,068,000,000
2017 144,568,000,000
2018 146,100,000,000
2019 144,802,000,000
2020 132,494,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Namibia was 23,625,660,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 25,512,950,000 in 2019 and 5,308,668,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 5,308,668,000
1991 5,936,340,000
1992 6,508,133,000
1993 6,557,164,000
1994 6,813,040,000
1995 7,227,114,000
1996 7,594,304,000
1997 8,056,321,000
1998 8,415,161,000
1999 8,824,284,000
2000 9,336,598,000
2001 9,653,782,000
2002 10,276,080,000
2003 10,910,690,000
2004 12,579,170,000
2005 13,299,070,000
2006 14,670,660,000
2007 15,874,340,000
2008 16,611,940,000
2009 16,788,120,000
2010 18,009,440,000
2011 19,321,710,000
2012 20,501,650,000
2013 21,744,370,000
2014 23,796,470,000
2015 24,615,020,000
2016 24,587,610,000
2017 24,438,090,000
2018 25,290,090,000
2019 25,512,950,000
2020 23,625,660,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Namibia was 22,397,140,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 24,697,120,000 in 2018 and 8,519,975,000 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. 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. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 8,519,975,000
1991 9,215,684,000
1992 9,878,231,000
1993 9,722,200,000
1994 9,890,383,000
1995 10,276,010,000
1996 10,603,950,000
1997 11,051,450,000
1998 11,415,220,000
1999 11,799,830,000
2000 12,211,900,000
2001 12,355,750,000
2002 12,947,420,000
2003 13,496,370,000
2004 15,152,310,000
2005 15,535,550,000
2006 16,634,410,000
2007 17,528,350,000
2008 17,992,820,000
2009 18,046,070,000
2010 19,135,920,000
2011 20,110,190,000
2012 21,128,110,000
2013 22,314,390,000
2014 23,673,900,000
2015 24,683,400,000
2016 24,691,740,000
2017 24,438,090,000
2018 24,697,120,000
2019 24,477,790,000
2020 22,397,140,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts