Namibia 2018
Detailed economic analysis and indicators for 2018
Key Economic Indicators (2018)
GDP (Current USD)
$13.68 billion
↑ 6.10% vs 2017GDP per Capita
$5,308.61
↑ 3.20% vs 2017GDP Growth (Annual %)
1.06%
↑ 2.09pp vs 2017Inflation Rate (CPI %)
4.29%
↓ 1.85pp vs 2017Year-over-Year Comparison
| Indicator | 2017 | 2018 | Change |
|---|---|---|---|
| GDP (Current USD) | $12.90 billion | $13.68 billion | +6.10% |
| GDP per Capita | $5,143.96 | $5,308.61 | +3.20% |
| GDP Growth (Annual %) | -1.03% | 1.06% | +2.09pp |
| Inflation (CPI %) | 6.15% | 4.29% | -1.85pp |
| Unemployment Rate (%) | 21.73% | 19.88% | -1.86pp |
All Economic Indicators (2018)
National Accounts
- GDP (Current USD)
- $13.68 billion
- GDP per Capita
- $5,308.61
- GDP Growth (Annual %)
- 1.06%
- Gross National Income
- $13.18 billion
Prices & Employment
- Inflation (CPI %)
- 4.29%
- Inflation (GDP Deflator %)
- 4.43%
- Unemployment Rate (%)
- 19.88%
- Interest Rate (Real %)
- 5.47%
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)
- -3.55%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2018, Namibia's Gross Domestic Product (GDP) is $13.68 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Namibia for 2018 is $5,308.61. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Namibia for 2018 is 4.29%. This measures the annual percentage change in the cost of consumer goods and services.
Namibia's annual GDP growth rate for 2018 is 1.06%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Namibia for 2018 is 19.88%. This represents the percentage of the labor force that is unemployed and actively seeking employment.