Welcome back Guest Guest
Latest Annual Economic Data
| Real GDP growth 1.73% 31 Dec 2025 | Real GDP N$160.1 bn 31 Dec 2025 | Labour force 867 246 31 Dec 2023 |
| Nominal GDP growth 7.90% 31 Dec 2025 | Nominal GDP N$269.8 bn 31 Dec 2025 | Unemployment rate 54.8% 31 Dec 2023 |
| GDP per capita N$76 424 31 Dec 2023 | Latest annual inflation 5.6% 31 Oct 2026 | Central area dam levels 40.2% 09 Nov 2026 |
| Government budget balance N$-17.7 bn 31 Mar 2026 | Government debt as % of GDP 64.0% 31 Dec 2025 | Credit rating Moodys: B1 Fitch: BB- |
Demographics
Population
3,022,401
Capital City
Windhoek
Official Language
English
Country Area
825615 km2
Country Group
Lower Middle Income
Inflation
Sep ’26 recorded an annual inflation rate of 5.4%, with the transport basket the largest contributor for the 5th consecutive month.
All Items
Real GDP Growth
Namibia recorded its slowest annual growth since ‘20, decelerating sharply to 1.7% in ’25 compared to an upwardly revised growth figure of 3.8% for ’24. While many of the individual sectors did well, outside of the top two performers, Construction (up 20.2%) and Water & Electricity (up 12.6%), all industries adding to growth were from the tertiary industries. Primary industries saw a second straight year of contraction, down a huge 7.2% in ’25. That decline was primarily off the back of livestock farming and diamond mining contractions.?
Real GDP growth
1.7%Private Sector Credit Extension
| Latest Figures | Date | Value (N$ millions) | % Month on Month | % Year on Year |
|---|---|---|---|---|
| Currency in Circulation (M0) | September 2026 | 5 844.928 | 1.57% | 2.65% |
| Broad Money Supply (M2) | September 2026 | 181 003.902 | -0.21% | 7.96% |
| Private Sector Credit Extension | September 2026 | 128 534.145 | 2.37% | 3.62% |
| Credit Extension to Businesses | September 2026 | 54 597.039 | 4.18% | 6.68% |
| Credit Extension to Households | September 2026 | 73 564.707 | 1.14% | 4.86% |
| Mortgage Loans | September 2026 | 61 143.884 | -0.57% | 2.94% |
| Instalment and leasing | September 2026 | 18 829.568 | 2.45% | 16.65% |
| Overdrafts | September 2026 | 13 309.251 | 4.03% | 3.38% |
Exchange Rates and Commodity Prices
USD-ZAR X-Rate
16.77
EUR-ZAR X-Rate
18.54
Gold Spot ($/Oz)
4 032.83
Copper ($/Ton)
618.85
GBP-ZAR X-Rate
22.20
Brent Crude ($/bbl)
90.74
Platinum Spot ($/Oz)
1 542.55
Uranium (U$/lb)
91.75
Current Prices of Primary NSX Shares
SILP
N$127.99
CGP
N$30.53
NAM
N$0.72
FNB
N$60.06
NBS
N$32.01
ANE
N$8.79
ORY
N$13.61
NHL
N$3.40
LHN
N$6.50
PNH
N$12.33
SNO
N$14.99
MTC
N$10.09