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Namibia GDP Growth Rate
Last Release
Sep 30, 2022
Actual
-1.45
Units In
%
Previous
2.72
Frequency
Quarterly
Next Release
N/A
Time to Release
N/A
Highest | Lowest | Average | Date Range | Source |
29.9 Mar 2013 | -8.8 Dec 2004 | 1.26 % | 2004-2022 | N/A |
Namibia has one of the biggest GDP per capita in Africa. Yet, due to an uneven distribution of income, half of the population lives below the poverty line. The Namibian economy is dependent on the extraction and processing of minerals like diamonds, uranium, lead, zinc, tin, silver, and tungsten. Subsistence agriculture is the main source of income for 50% of Namibians.
Namibia GDP Growth Rate History
Last 12 readings
