Gdp is the sum of gross value added by all resident producers in the economy plus any product. Namibia the human capital index hci database provides data at the country level for each of the components of the human capital index as well as for the overall index, disaggregated by gender. Gdp is the sum of gross value added by all resident producers in the economy plus any product taxes and minus. To download the statistic, please switch to the chart view. Growth rate of the real gross domestic product gdp from 2014 to 2024 compared to the previous year. Namibias economy is heavily dependent on the extraction and processing of minerals for export. Percentile ranks are calculated using the latest available data for all countries within the last 5 years. News updates the namibian manufacturers association nma. The purpose of this graph is to take a snapshot of a countrys economy in comparison to other economies. Namibia gross domestic product gdp growth rate 20142024.
President hage geingob was elected to a fiveyear term in 2014. The namibian manufacturers association nma in as association not for gain which represents namibian manufacturers by facilitating a sustainable, competitive and prosperous manufacturing industry for all stakeholders. To download free electronic copies of eca publications. Grand namibia is a leading black firm which provides accounting, auditing, business advisory and tax consultancy services. With an experienced team of professionals, we have the resources to provide quality services to our clients. Gdp at purchasers prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the. The namibia statistics agency conducted informal cross border trade survey icbts in september 2015. It is based on the information available at the time it was completed on january 8, 2008. Archived from the original pdf on 22 february 2014.
Global finance magazine namibia gdp and economic data. This entry shows where production takes place in an economy. The economy of namibia has a modern market sector, which produces most of the countrys. Formulation of the nap further took due cognisance of the namibian constitution and namibia s obligations. This notice serves to notify all our esteemed and key stakeholders that effective 7 th february 2014, the departure time of our flight from windhoek to accra will change to 11. Gdp from agriculture in namibia increased to 1578 usd million in the fourth quarter of 2019 from 847 usd million in the third quarter of 2019. Gdp is the total value of all goods and services produced in a country in a year.
Nsa is therefore delighted to release the icbts report for the year 2015. Namibia remains one of the most unequal countries in the world, with a consumption gini coefficient of 0. Despite gradual table 1 2015 population, million 16. Bushtofeed ongoing activities and support measures a promising value chain based on namibian encroacher bush is bushtofeed. Gross domestic productgross domestic product second quarter 2017 1 second quarter 2017 na namibia statistics agency, p.
Below you will find the last recordings for the indicator. World development indicators database, world bank, 23 december 2019. Luis munana, victoria ashipala and ndangi ileka make up the star lineup for the iinspires first event of the season, brought to you by the national young women association nywa and physically active youth p. The statistic shows gross domestic product gdp in namibia from 1994 to 2018, with. Namibia nominal gross domestic product moodys analytics. The royal navy first surveyed the area in 1880 for anchorage and use as. Percent of gdp84 0 4 8 20 2014 2015e 2016f percent agriculture industry services. Madagascar gross domestic product gdp 19842024 statista. The distribution gives the percentage contribution to total gdp of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services, and will total 100 percent of gdp if the. For exports, fdi and gdp measures, a higher rank closer to 100% indicates a stronger economy. A collapse in global growth owing to the coronavirus will lead to namibia s gdp contracting by 4% in 2020, but the economy will resume growth in 2021, of 1. The distribution gives the percentage contribution of agriculture, industry, and services to total gdp, and will total 100 percent of gdp if the data are complete. Finance minister felix mutati minister of finance felix mutati says zambias gross domestic product gdp growth projection for this year has been revised from.
A fiveyear millennium challenge corporation compact ended in september 2014. Selected issues and statistical appendix this selected issues paper and statistical appendix for namibia was prepared by a staff team of the international monetary fund as background documentation for the periodic consultation with the member country. Latest travel, accommodation and wildlife news namibia. This entry shows who does the spending in an economy.
In 2015 the mining and quarrying industry contributed 12. Namibia gdp from agriculture 20002019 data 20202022. This page provides the latest reported value for namibia gdp annual growth rate plus previous releases, historical high and low. Air namibia is proud to inform its clients that the much anticipated entry of the two brand new airbus a330200 aircraft into our fleet later this year will be major upgrade of our long haul inflight product.
World economics makes available of worlds most comprehensive gdp database covering over countries with historical gdp ppp data from 18702018, building on the lifetimes work of angus maddison. Grand namibia chartered accountants and auditors in namibia. Nednamibia holdings limited integrated report 2014 3 4 nednamibia holdings limited integrated report 2014 since 1838 namibia has held the record for the most extensive known meteorite shower the gibeon meteorite shower. The gross domestic product gdp in namibia was worth 15 billion us dollars in 2019, according to official data from the world bank and projections from trading economics.
Mpo 285 oct 16 poverty reduction over the past decade, poverty in zambia remains high with 54. Gdp growth in 2017 slowed to about 1%, however, due to contractions in both the construction and mining sectors, as well as an ongoing drought. Although per capita gdp is five times the per capita gdp of africas poorest countries, the majority of namibia s people live in rural areas and exist on a subsistence way of life. Bushtofeed refers to the production of animal fodder, using encroacher bush as main ingredient. Whether its family friendly or selfcatering accommodation, camping or houseboat or luxury safari tented camps you are sure to find something suitable. Conversely, for unemployment and inflation, a lower rank closer to 0% indicates a stronger economy. The act provide for the development of the national statistics system and provide for its components and objectives. The agriculture sector is the highest employer with 172 530 people employed in 2012, which represented 27.
The statistic shows gross domestic product gdp per capita in malawi from 1984 to 2024. Learn more about the namibia economy, including the population of namibia, gdp, facts, trade. Though namibia real gdp growth fluctuated substantially in recent years, it tended to decrease through 1999 2018 period ending at 0. In 2018, namibia s real gross domestic product fell by around 0. Namibia gross domestic product gdp growth rate 2014. Namibias relatively steady economic growth has, thus, not been enough to deal with the countrys triple challenge of high poverty, inequality, and unemployment.
Stay in one of the lodges in the national parks and experience incredible wildlife. Due to unavailable data the following indicators have been omitted. The manufacturing sectors contribution to gdp increased from 5. Gdp at purchasers prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products.
Namibia social protection floor assessment ilo social protection. As an upper middle income country, namibia is ineligible for a second compact. This page provides forecast and historical data, charts, statistics, news and updates for namibia nominal gross domestic product. Namibia s economy over the past three decades, but growth has not been sufficiently inclusive. Namibia actual and projected cpi and real gdp growth, 20092014. The statistic shows gross domestic product gdp in madagascar from 1984 to 2017, with projections up until 2024. The namibia agriculture policy nap is essentially a revision of the 1995 national agriculture policy and its orientation takes due account of the socio economic and environmental changes that have taken place since 1995. Sandwich harbour was a trading post in the 1950s and has also served as a whaling station, a fish processing and sharkoil extraction plant as well as a sealing and guano collection point. This is according to the bank of namibia bon s economic outlook update for november issued on thursday by the bank s director for. A collapse in global growth owing to the coronavirus will lead to namibias gdp contracting by 4% in 2020, but the economy will resume growth in 2021, of 1. Agriculture includes farming, fishing, and forestry. The statistic shows the growth in real gdp in namibia from 2014 to 2018, with projections up until 2024.
It leads the list of countries by income inequality with a gini coefficient of 59. The current account deficit for namibia grew slightly to 14. Industry includes mining, manufacturing, energy production, and construction. In 2018, namibias gross domestic product amounted to around 14. The benefits of gdp growth have accrued mainly to the richer segments of the population in urban areas. Namibia has one of the highest rates of income inequality in the world, due in part to the fact that there is an urban economy and a more rural cashless economy. The mining sectors contribution to gross domestic product gdp shrunk from about 47 percent in 1978 to 19. Inflation rate the annual average inflation rate is estimated to have recorded 6. Nominal gross domestic product for namibia from international monetary fund imf for the international financial statistics ifs release. Country report 2017 includes namibia real gross domestic product growth rate, with latest forecasts and historical data, gdp per capita, gdp composition and breakdown by sector. Namibia economy, politics and gdp growth summary the. Malawi gross domestic product gdp per capita 19842024. The statistic shows the growth in real gdp in namibia from 2014 to 2018, with.
Gross domestic productgross domestic product second quarter. The distribution gives the percentage contribution to total gdp of household consumption, government consumption, investment in fixed capital, investment in inventories, exports of goods and services, and imports of goods and services. Annual percentage growth rate of gdp at market prices based on constant local currency. Nov, 2019 the statistic shows gross domestic product gdp in madagascar from 1984 to 2017, with projections up until 2024. Gross domestic productgross domestic product second. Today very little remains except for one dilapidated solitary deserted structure. Browse additional economic indicators and data sets, selected by global finance editors, to learn more about namibia. Mar 12, 2014 change of flight departure time from windhoek to accra. Windhoek, 03 nov nampa namibia s gross domestic product gdp is expected to slow down to 2. In 2014 the agriculture sector and its related industries contributed 3.
This is according to the bank of namibia bon s economic outlook update for november issued on thursday by the bank s director for strategic communication and financial sector development, emma. Nov, 2019 the statistic shows gross domestic product gdp per capita in malawi from 1984 to 2024. Gross domestic product at basic prices factor cost 100 100 wholesale and retail trade, hotels and restaurants figures for 2010 are estimates. For example, namibias exports rank is higher than please wait. Namibia gross domestic product gdp 19942024 statista. The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor.