Questions
Questions on the economy of Namibia
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What is the GDP of Namibia?
15.1 bn$ in 2025 (IMF, current dollars): no. 35 of 53 African economies.
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What is the economic growth of Namibia?
Real GDP growth of +1.7 % in 2025 (IMF estimate). The IMF projects +2.0 % for 2026.
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What GDP does the IMF project for Namibia in 2030?
22.6 bn$ in 2030 according to the IMF projections, against 15.1 bn$ in 2025: real growth of 2.8 % a year on average.
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Is Namibia a rich country?
GDP per capita of 4,924 $ in 2025, well above the African median (1,768 $): no. 10 of 53 in Africa per person (IMF).
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How many people live in Namibia?
3.1 M inhabitants in 2025 (IMF): no. 40 in Africa by population.
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What is the inflation rate in Namibia?
3.5 % in 2025, average annual change in consumer prices (IMF). Projection for 2026: 4.1 %.
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Is Namibia highly indebted?
Public debt of 67.5 % of GDP in 2025, against a median of 53.2 % in Africa: no. 17 of 52 from the most indebted (IMF).
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Is Namibia in default?
No. Its rating is BB− (Moody's B1 · Fitch BB−).
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What is the credit rating of Namibia?
Moody's B1 · Fitch BB−: fair rating, no. 8 of the 34 African countries rated.
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What is the currency of Namibia?
Its currency: Namibian dollar (NAD). Fixed rate: 1.00 NAD for 1 ZAR.
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What does Namibia export?
In 2024, mostly: Gold, diamonds and precious metals (24.9 %), Ores (iron, copper, cobalt, manganese…) (20.5 %), Inorganic chemicals (12.6 %). First client: China (CEPII, BACI).
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Which economic communities is Namibia part of?
SADC (Southern African Development Community).
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Does Namibia have a stock exchange?
Yes: the Namibian Stock Exchange, with 41 listed securities.
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What share of the population of Namibia has electricity?
59.3 % of the population in 2024 (World Bank).
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Answers written from the latest figures of the IMF, the World Bank, CEPII, the rating agencies and the IMF-World Bank debt analyses. Method and sources