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Namibia

NAM Β· Sub-Saharan Africa / Sub-Saharan Africa (excluding high income)

Namibia: GDP 11.7K intl$ per capita, population 3.0M, inflation 4.2%. Compare economy, demographics and cost of living with other countries.

Location

Key Facts

Region
Sub-Saharan Africa
Sub-Saharan Africa (excluding high income)
Population
3.03M
2024
View all demographics β†’

Geography and Government

Area
825,615 kmΒ²
Capital
Windhoek
ISO 2
NA
ISO 3
NAM
Calling code
+264
Internet TLD
.na
Government type
presidential republic

Age Structure

0-14 years 34.1%
15-64 years 62.0%
65+ years 3.9%

Languages

Language Type Share Speakers
Oshiwambo Languages Official 49.7% -
Nama/Damara Official 11.0% -
Kavango Languages Official 10.4% -
Afrikaans Official 9.4% -
Herero Languages Official 9.2% -
Zambezi Languages Official 4.9% -
English Official 2.3% -
Other African Languages Official 1.5% -
Other Official 1.0% -
Other European Languages Official 0.7% -

Religions

Religion Type Share Adherents
Christian Major 97.5% -
Unaffiliated Minor 1.9% -
Other Minor 0.6% -

Population & Demographics

Basic Demographics

Population, total
3.03M
2024
Population growth (annual %)
2.24%
2024
Population density (people per sq. km of land area)
3.6 per kmΒ²
2023
Urban population (% of total population)
50.4%
2024

Health Indicators

Life expectancy at birth, total (years)
67.5 years
2024
Birth rate, crude (per 1,000 people)
25.89 per 1,000
2024
Death rate, crude (per 1,000 people)
6.18 per 1,000
2024
Fertility rate, total (births per woman)
3.21 children
2024
Mortality rate, infant (per 1,000 live births)
36.4 per 1,000
2024

Education

Educational attainment, at least completed short-cycle tertiary, population 25+, total (%) (cumulative)
0.1%
2023
Literacy rate, adult total (% of people ages 15 and above)
87.6%
2023

Economy Snapshot

Key Economic Indicators

GDP per capita (current US$)
$4.4K
2024
Inflation, consumer prices (annual %)
4.2%
2024
Unemployment, total (% of labor force)
19.3%
2025
GNI per capita (current US$)
$4.2K
2024

Macroeconomic Indicators

GDP (current US$)
$13.37B
2024
GDP growth (annual %)
3.7%
2024
GDP per capita, PPP (current international $)
11.7K intl$
2024
Central government debt, total (% of GDP)
4.7%
2015

Trade & External Sector

Trade (% of GDP)
109.6%
2024
Exports of goods and services (% of GDP)
41.6%
2024
Imports of goods and services (% of GDP)
68.0%
2024

Other Indicators

International tourism, number of arrivals
187.1K
2020
Tax revenue (% of GDP)
33.0%
2023
Foreign direct investment, net inflows (% of GDP)
14.5%
2024

Explore More

Frequently Asked Questions

What is the average income in Namibia?

According to our data, the average income in Namibia is approximately $4,240 (GNI per capita) as of 2024. This figure represents Gross National Income per capita and provides insight into the economic prosperity and living standards in the country.

What is the inflation rate in Namibia in 2024?

The inflation rate in Namibia is 4.2% as of 2024. Inflation measures the rate at which the general level of prices for goods and services rises, eroding purchasing power. This data is updated regularly from reliable sources like the World Bank and IMF.

How does Namibia compare to other countries in Sub-Saharan Africa ?

Namibia is located in Sub-Saharan Africa and can be compared with other countries in the region across various economic and demographic indicators including inflation rates, unemployment, average income, cost of living, population statistics, and life expectancy. Explore our comprehensive inflation comparison, unemployment rankings, cost of living data, population statistics, and life expectancy data to see how Namibia compares to neighboring and regional countries.

Namibia is located in Sub-Saharan Africa , Sub-Saharan Africa (excluding high income). Explore detailed statistics on economy, population, demographics, inflation, unemployment, and cost of living, with up-to-date data from the World Bank, IMF, UN, and other authoritative sources.

Our comprehensive database provides real-time insights into Namibia's economic performance and demographic trends, allowing you to compare with other countries and understand global patterns. Access current economic indicators, population statistics, historical data, and comparative analysis to gain a deeper understanding of Namibia's economic and demographic landscape. For detailed economic data, visit our economy page, and for demographic information, explore our population statistics section.

Sources and References

Data sources: World Bank, IMF, UN Data, Transparency International.

All data is compiled from publicly available sources and updated regularly. Economic indicators may vary based on reporting methodologies and data availability periods.

Codes and Abbreviations

ISO 2
NA
ISO 3
NAM
IOC code
NAM
Vehicle code
NAM
Latitude
-22.56
Longitude
17.09

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