Economic growth, percent change in quarterly real GDP in Namibia, Q1 2008 - Q3 2021:
The latest data from Q3 2021 show economic growth of 2.41 percent,
which is a decrease from the rate of growth of 2.97 percent in the previous quarter and
an increase compared to the growth rate of -12.29 percent in the same quarter last year.
The economic growth time series for Namibia cover the period from Q1 2008 to Q3 2021.
During that time span, the average growth rate for Namibia was
1.9 percent. The lowest rate of growth of -12.29 percent was recorded in Q3 2020 while the highest growth rate was 14.35 percent in Q3 2013.
See more information about that indicator and compare to other countries on our Economic growth page
Longer historical series
* indicates monthly or quarterly data series
Source: Namibia Statistics Agency
Definition: The percent change in the Gross Domestic Product from the same quarter last year using constant prices.