Namibia: economy and key statistics
Namibia is number 143 in the 311 Nations Index, with a GDP of $15.1 billion in 2025. GDP per person is $4,876. The economy grew by 1.7% in 2025. Unemployment is 19.3%. The economy is 55% services, 29% industry, 7% agriculture.
Part of the 311 Nations Index (311institute.com). Last updated .
National power
Namibia is number 127 in the 311 National Power Index, scoring 27.3 out of 100: economic 45, technology 9, military 19 and human capital 42.
Economy at a glance
| Indicator | Latest figure | Year |
|---|---|---|
| GDP | $15.1 billion | 2025 |
| GDP (purchasing power) | $37.1 billion | 2025 |
| GDP per person | $4,876 | 2025 |
| Economic growth | +1.7% | 2025 |
| Inflation | 3.5% | 2025 |
| Unemployment | 19.3% | 2025 |
| Population | 3.1 million | 2025 |
| Labour force | 1.2 million | 2025 |
| Services share of GDP | 55% | 2025 |
| Industry share of GDP | 29% | 2025 |
| Manufacturing share of GDP | 10% | 2025 |
| Agriculture share of GDP | 7% | 2025 |
| Exports share of GDP | 45% | 2025 |
| Foreign direct investment | 14.2% of GDP | 2024 |
| High-tech share of manufactured exports | 0% | 2024 |
| Internet users | 65% of people | 2024 |
Main export industries
Namibia exported goods worth about $6.5bn in 2024. Its biggest export industries:
- Natural, cultured pearls: $1.8bn (28.2% of goods exports)
- Ores, slag and ash: $1.5bn (22.4% of goods exports)
- Fish and crustaceans, molluscs and other aquatic invertebrates: $0.8bn (12.0% of goods exports)
- Copper and articles thereof: $0.4bn (5.8% of goods exports)
- Mineral fuels, mineral oils and products of their distillation: $0.3bn (5.1% of goods exports)
Source: UN Comtrade, goods only (services exports are not included).
Other economies in Africa
- South Africa (#40)
- Nigeria (#50)
- Kenya (#62)
- Ethiopia (#67)
- Angola (#69)
- Ghana (#70)
- Côte d'Ivoire (#77)
- DR Congo (#81)
- Tanzania (#83)
- Uganda (#89)
- Sudan (#91)
- Cameroon (#92)
- Zimbabwe (#96)
- Senegal (#108)
- Mali (#114)
Questions and answers
How big is the economy of Namibia?
Namibia had a GDP of $15.1 billion in 2025, ranking number 143 in the 311 Nations Index.
What is GDP per person in Namibia?
GDP per person in Namibia was $4,876 in 2025.
How fast is the economy of Namibia growing?
The economy of Namibia grew by 1.7% in 2025.
Source: World Bank, World Development Indicators (CC BY 4.0).
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