General profile: Namibia

GENERAL INFORMATION FOR 2016
Population
Population
Exchange rates
Exchange rate
GDP
GDP
2.514 Millions
14.710 NAD/US$
10 902 Millions current US$
Land area
Land area ¹
CPI growth (%)
CPI growth
GDP growth
GDP growth
..
6.71 %
2.50 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+8.1 %
Merchandise exports growth rate in 2016
Total merchandise trade
(millions of US$)
2005
2010
2015
2016
Merchandise exports
2 070
4 026
4 067
(e) 4 397
Merchandise imports
2 577
(e) 5 570
7 646
(e) 6 420
Merchandise trade balance
-507
(e) -1 544
-3 579
(e) -2 023
Export structure by product group in 2016
(as % of total exports)
32 %32 %17 %17 %30 %30 %21 %21 %
Top 5 partners in 2016
(exports, millions of US$)
867655617284225867655617284225
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services ²
(millions of US$)
2005
2010
2015
2016
Services exports
413
683
923
(e) 660
Services imports
369
731
1 003
(e) 809
Services trade balance
44
-48
-81
(e) -149
Services exports by main category ²
(as % of total services)
2005
2010
2015
2016
Transport
5.5
20.0
9.1
(e) 11.5
Travel
84.6
64.3
41.0
(e) 42.2
Other services
10.0
15.7
49.9
(e) 46.3
TRADE INDICES
More data on UNCTADstat
263263233233238238236236216216215215218218182182173173177177170170139139126126939384849191100100129129129129124124122122124124125125124124121121126126139139130130105105101101999910110110110110010026323323823621621521818217317717013912693849110012912912412212412512412112613913010510199101101100
ECONOMIC TRENDS
More data on UNCTADstat
+2.5 %
Gross domestic product growth rate in 2016
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
GDP, current
7 121
11 282
11 491
10 902
GDP per capita, current US$
3 513
5 143
4 674
4 337
Real GDP growth, y-on-y, %
2.53
6.04
5.30
2.50
Current account balance, % of GDP
4.68
-3.46
-12.70
..
Exchange rate (/US$)
6.359
7.321
12.759
14.710
GDP by expenditure in 2015
(as % of total GDP)
62.527.134.244.167.962.527.134.244.167.9
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
0 %
FDI outflows as % of GDP in 2016
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2016
FDI inflows
385.24
793.02
1 095.05
274.85
FDI outflows
12.64
-4.47
-55.18
4.52
Personal remittances, % of GDP
0.24
0.13
0.07
..
Financial flows trends
(millions of US$)
8.78.710.210.211.511.513.513.515.315.315.115.113.213.213.613.615.715.716.416.417.617.614.614.611.811.87.67.68.58.59.29.22752751 0951 0954324328018011 1331 1331 1201 1207937935065067207207337333873873853852262261491491811813653651861868.710.211.513.515.315.113.213.615.716.417.614.611.87.68.59.22751 0954328011 1331 120793506720733387385226149181365186FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators ²
(as % and index)
2005
2010
2015
2016
Balance, % of GDP
-2.98
-10.34
-25.92
(e) -22.90
Balance, % of imports
-7.88
-19.85
-37.63
(e) -35.00
Normalized balance
-0.041
-0.110
-0.232
(e) -0.212
Trade openness ²
(sum of imports and exports as % of GDP)
1081121091039892949999827873
LABOUR FORCE
More data on UNCTADstat
Labour force by gender in 2016
(as % of total labour force, all sectors)
Male
54%Male 54%Female
46%Female 46%
OTHER INDICATORS
More data on UNCTADstat
0.001 %
Share of the total world merchant fleet in 2016
Maritime transport indicators
 
2005
2010
2015
2016
Merchant fleet, national flag (thousands of DWT)
..
70 384 000
21 141 000
21 141 000
Liner shipping connectivity index (maximum 2004 = 100 for China)
6.61
14.45
18.45
14.32
Container port throughput (TEU)
..
256 319
(e) 131 180
..
Information economy indicators
(as % of)
2005
2010
2015
2016
Share of ICT goods, % of total exports
0.54
0.52
..
..
Share of ICT goods, % of total imports
4.83
3.59
..
..
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
Not available or not separately reported
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 15 September 2017