The Gross Domestic Product (GDP) in Namibia expanded 3.50 percent in the second quarter of 2024 over the same quarter of the previous year.

The economy of Namibia expanded 0.98% quarter-on-quarter in the second quarter of 2024, after a 2.11% contraction in the previous three-month period.

We forecast that real GDP growth will slow in 2024, to 3.6%, owing to global macroeconomic headwinds and still-tight monetary conditions.

➢ The Namibian economy is projected to slow down in 2024 before improving in 2025. Real GDP growth is estimated to slow down to 3.7 percent in 2024 before ...

Namibia GDP Growth Rate 1981-2024 · Namibia gdp growth rate for 2023 was 4.16%, a 1.19% decline from 2022. · Namibia gdp growth rate for 2022 was 5.35%, a 1.75% ...

Real GDP Growth. Annual percent change. 3.07 ; Real Non-Oil GDP Growth. Annual percent change. 3.07 ; Real Per Capita GDP Growth. Annual percent change. 0.94.

Namibia's economic growth is projected to moderate to about 3.1%in 2024 before accelerating to 3.8% in 2025-26. Growth in the non-mineral economy is ...

In its Economic Outlook of March 2024 the Bank of Namibia forecast GDP growth of 3.7% in 2024, 4.1% in 2025 and 4.3% in 2026.

The growth of the real gross domestic product (GDP) in Namibia was forecast to decrease between 2024 and 2029 by in total 0.5 percentage points.