Namibia 2016
Detailed economic analysis and indicators for 2016
Key Economic Indicators (2016)
GDP (Current USD)
$10.72 billion
↓ 5.41% vs 2015GDP per Capita
$4,395.69
↓ 7.93% vs 2015GDP Growth (Annual %)
0.03%
↓ 4.23pp vs 2015Inflation Rate (CPI %)
6.73%
↑ 3.33pp vs 2015Year-over-Year Comparison
| Indicator | 2015 | 2016 | Change |
|---|---|---|---|
| GDP (Current USD) | $11.34 billion | $10.72 billion | -5.41% |
| GDP per Capita | $4,774.11 | $4,395.69 | -7.93% |
| GDP Growth (Annual %) | 4.26% | 0.03% | -4.23pp |
| Inflation (CPI %) | 3.39% | 6.73% | +3.33pp |
| Unemployment Rate (%) | 20.81% | 23.35% | +2.54pp |
All Economic Indicators (2016)
National Accounts
- GDP (Current USD)
- $10.72 billion
- GDP per Capita
- $4,395.69
- GDP Growth (Annual %)
- 0.03%
- Gross National Income
- $10.51 billion
Prices & Employment
- Inflation (CPI %)
- 6.73%
- Inflation (GDP Deflator %)
- 7.97%
- Unemployment Rate (%)
- 23.35%
- Interest Rate (Real %)
- 1.74%
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -16.50%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2016, Namibia's Gross Domestic Product (GDP) is $10.72 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Namibia for 2016 is $4,395.69. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Namibia for 2016 is 6.73%. This measures the annual percentage change in the cost of consumer goods and services.
Namibia's annual GDP growth rate for 2016 is 0.03%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Namibia for 2016 is 23.35%. This represents the percentage of the labor force that is unemployed and actively seeking employment.