GDP Growth Rate in Namibia averaged 1.34 percent from 2004 until 2021, reaching an all time high of 29.90 percent in the first quarter of 2013 and a record low of -8.80 percent in the fourth quarter of 2004. This page provides - Namibia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Namibia GDP Growth Rate - values, historical data and charts - was last updated on July of 2021.
GDP Growth Rate in Namibia is expected to be -4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Namibia to stand at -1.50 in 12 months time. In the long-term, the Namibia GDP Growth Rate is projected to trend around 0.30 percent in 2022 and 0.70 percent in 2023, according to our econometric models.