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Economy Snapshot

Namibia Economy and Trade

WindhoekLocal time

GDP $15.08B · real growth 1.7% · latest verified annual data

Namibia's headline data show $15.08B in nominal GDP for 2025; real activity is represented by 1.7% growth in 2025. Per-capita GDP is $4,876 for 2025; inflation is 3.5% on the page's 2025 CPI observation. Reference years remain attached to each series so readers can compare the figures without treating differently dated measures as one snapshot.

Nominal GDP
$15.08B
current US$ · 2025
World Bank
GDP per capita
$4,876
current US$ · 2025
Source listed below
Real GDP growth
1.7%
annual % · 2025
Source listed below
Inflation
3.5%
CPI annual % · 2025
Source listed below

Namibia at a Glance

Each measure keeps its actual reference year and definition.

Output trend

Nominal GDP · annual observations · current US$ · World Bank
201520172019202120232025$11.34B$15.08B
2015: $11.34B2016: $10.72B2017: $12.90B2018: $13.68B2019: $12.54B2020: $10.58B2021: $12.40B2022: $12.57B2023: $12.52B2024: $13.64B2025: $15.08B
GDP per capita$4,876
Real growth1.7%
GDP year2025
2025 Inflation
3.5%
CPI annual %
2025 Unemployment
19.3%
labor-market measure
2025 GDP per capita
$4,876
current US$

Macro signals and Merchandise trade

Available measures are shown with their reported reference periods.

Macro signals

World Bank annual observations
MACRO
Real growth20251.7%
Unemployment202519.3%
Inflation20253.5%

Merchandise trade

WTO profile · 2024 · USD
TRADE
Exports$6.54B
Imports$8.88B
Balance-$2.34B
Largest highlighted export destination
European Union19.6%
Exports
$6.54B
Imports
$8.88B
Understand the numbers

What Namibia's economic profile is telling you

Namibia grew by 1.7 percent in 2025, with inflation at 3.5 percent and modeled unemployment at 19.3 percent. Matched 2024 WTO merchandise data show a goods deficit, with the European Union narrowly ahead of South Africa as the largest export destination.

Reading the macro data

Nominal GDP measures current-dollar size. Real growth, inflation and unemployment describe different economic conditions and can have different reference years.

Reading the trade data

Merchandise trade covers goods. A balance appears only when exports and imports have a verified matching year and currency basis.

Detailed Economic Data

IndicatorNamibiaReference periodStatus
GDPcurrent US$$15.08B2025Actual
GDP per capitacurrent US$$4,8762025Actual
Real GDP growthannual %1.7%2025Actual
InflationCPI annual %3.5%2025Actual
Unemploymentmodeled ILO estimate19.3%2025Estimate
Merchandise exportscurrent USD$6.54B2024Actual
Merchandise importscurrent USD$8.88B2024Actual

Frequently Asked Questions

What is Namibia's latest GDP?

The verified GDP observation used here is $15.08B for 2025.

What does merchandise trade show for Namibia?

Merchandise exports were $6.54B and imports were $8.88B in 2024, giving a same-year goods balance of -$2.34B.

Sources & methodology

Sources for the economic indicators and definitions shown above.

View sources used for this page
WTO Tariff and Trade Data

Matched-year merchandise exports and imports from the WTO economy profile.