What is GDP per capita based on PPP? Namibia | GDP | 2023 | Economic Data | World Economics This is 1.05% more than in the previous year. The data was retrieved on April 7, 2023. Current health expenditure per capita (current US$), Current health expenditure per capita, PPP (current international $), Out-of-pocket expenditure (% of current health expenditure), Domestic general government health expenditure per capita, PPP (current international $), Domestic general government health expenditure (% of current health expenditure), Domestic general government health expenditure per capita (current US$), External health expenditure per capita, PPP (current international $), Out-of-pocket expenditure per capita, PPP (current international $), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. Buy GDP (As % of GDP PPP) data for Namibia. [a] For rankings regarding wealth, see list of countries by wealth per adult . Mining, agriculture, manufacturing, and tourism all play significant roles in the countrys economy. Register to get unlimited access to more than 110M time series and visualizations. $10,000 on a purchasing power parity basis. The economy of Namibia has grown at an average annual growth rate of -0.8% in the last four years and is ranked the 35th largest economy in Africa, ahead of Congo, Rep.. Real GDP Per Capita PPP (Int$): Namibia Source: World Economics GDP per Capita PPP in Namibia averaged 8106.03 USD from 1990 until 2021, reaching an all time high of 10662.83 USD in 2015 . GDP per capita, PPP (constant 2017 international $), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. The GDP per Capita, in Namibia, when adjusted by Purchasing Power Parity is equivalent to 51 percent of the world's average. GDP per Capita in Namibia is estimated to be $9,041 international dollars at the end of 2022. . Explore Our DataBank. reached 49.1% in 2025 in Namibia, HCI and GDP Per Capita PPP (log scale, horizontal axis) . World Economics provides clear guidance on what is good usable data and what is likely to mislead. Download Historical Data Save as Image From: To: Zoom: 1,000 2,000 3,000 4,000 5,000 6,000 GDP Per Capita (US $) $4,866 This indicates the importance of education as a poverty reduction strategy. Are you sure you want to delete this document? The GDP per Capita, in Namibia, when adjusted by Purchasing Power Parity is equivalent to 50 percent of the world's average. Estimates by world bank since 1961. GDP per capita, PPP (current international $) International Comparison Program & Purchasing Power Parity. International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars. The latest value for GDP per capita (current US$) in Namibia was $4,179 as of 2020. Namibia: Africa: 30,249: . List of countries by GDP (PPP) - Wikipedia . They were placed on your computer when you launched this website. All rights reserved. Among the 689 million people living in extreme poverty on $1.90 or less a day, there is a man called Jerome Kerviel, who is the poorest person in the world. List of countries by GDP (PPP) per capita - Wikipedia The Gross Domestic Product per capita in Namibia was last recorded at 8925.20 US dollars in 2021, when adjusted by purchasing power parity (PPP). Namibia GDP per capita based on PPP, 1980-2017 - knoema.com Economy of Namibia. About 28.7% of the population is poor while 15% are extremely poor. List of African countries by GDP (nominal) - Wikipedia . Namibia is generally a very safe country, especially compared to neighboring South Africa. . Namibia GDP - per capita (PPP) - Economy - IndexMundi $50,000. It is a low-income economy; using the purchasing power parity conversion (which allows for the low price of many basic commodities in Ghana) GDP per head was US$1,900 in 1999. Definition: GDP per capita is gross domestic product divided by midyear population. GDP per capita growth (annual %) - Namibia | Data 65.2% in 2011 Namibia has been ranked GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population. Historically, GDP as a share of GDP in PPP terms in Namibia reached an all time high of 65.2% in 2011 and an all time low of 30.6% in 2002. CSV XML EXCEL. World Health Organization Global Health Expenditure database (. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. ). This site uses cookies to optimize functionality and give you the best possible experience. The table below is an imperfect attempt at assessing Namibia's Income per capita level (proxied as World Economics GDP per capita) and Namibia's Asset wealth per capita (proxied by data derived from the Credit Suisse Wealth Report 2022), and using Untited Nations population data. Most Recent Year. and it also requires more estimation than nominal GDP. Country. There are a few reasons why Namibia is poor. GDP growth (annual %) - Namibia from The World Bank: Data. Still, the high rate of poverty and unemployment leads to a fair amount of opportunistic crime. GDP per capita, PPP (current international $) in Namibia was reported at 10039 USD in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. GDP per capita, PPP (current international $) | Data There are 3,300 US$-millionaires in Namibia, 1,400 of which live in the capital Windhoek. Data source: World Economics Research, London and Gdp as a share of gdp in ppp terms Gdp as a share of gdp in ppp terms reached 49.1% in 2025 in Namibia, according to the National Statistical Office. And its easy to see why: desert takes up the bulk of the country and so outside of its short rainy season, its a very arid place. Nigeria is the richest and most populous country in Africa. If you continue to navigate this website beyond this page, cookies will be placed on your browser. The data for GDP at purchasing power parity has also been rebased using the new International Comparison Program price surveys and extrapolated to 2007. . While Ghana is considered to be among the least developed countries in the world, it is rated as one of the fastest growing economies in Africa. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Namibia gdp per capita for 2019 was $5,126, a 9.87% decline from 2018. Botswana GDP per capita PPP 2023 Data - 2024 Forecast - TRADING ECONOMICS Annual-wise, the average salary in Namibia is 343,987 NAD per year. Current health expenditure (% of GDP) - Namibia from The World Bank: Data. GDP per Capita - Worldometer Namibia - GDP per capita - IndexMundi List of African countries by GDP (PPP) per capita - Wikipedia Namibia GDP per capita PPP 2022 Data - 2023 Forecast - TRADING ECONOMICS Okay to continue Download Historical Data Save as Image From: To: Zoom: 0 5 10 GDP ( Billions of US $) GDP: $12.31 0 2,000 4,000 6,000 Per Capita (US $) Per Capita: $4,866 In practice, they areusually computed among large numbers of countries andexpressed in terms of a single currency, with the U.S. dollar (US$) most commonly used as the base or numerairecurrency" -. GDP per capita, PPP (current international $) in British Virgin Islands. Country. Is Namibia the richest country in Africa? Selected Countries and Economies. Salaries range from 4,410 NAD (lowest average) to 77,900 NAD (highest average, actual maximum salary is higher). Namibia GDP per capita 2021 - StatisticsTimes.com While English has been the sole official language of the country since 1990, in many areas of the country, German enjoys official status at a community level. GDP (nominal) per capita, GDP (PPP), GDP (PPP) per capita, Population, and PPP; List of country subdivisions by GDP over 200 billion US dollars; List of . You can change your personal cookie settings through your internet browser settings. The table below lists countries in the world ranked by GDP at Purchasing Power Parity (PPP) per capita, along with the Nominal GDP per capita. South Africa with a GDP of $368.3B ranked the 35th largest economy in the world, while Namibia ranked 127th with $14.5B. GDP (As % of GDP PPP) in Namibia | Helgi Library Ratio to World's average GDP per capita at PPP. Namibia GDP Per Capita | 2020 | Real PPP - World Economics Mining, agriculture, manufacturing, and tourism all play significant roles in the country's economy. The most common types of crimes are pickpocketing, purse-snatching, and vehicle theft and break-ins. This resulted in a deep divide in Namibian society. Out-of-pocket expenditure per capita, PPP (current international $) Download. It's a site that collects all the most frequently asked questions and answers, so you don't have to spend hours on searching anywhere else. How many millionaires are there in Namibia? Sixty-six have above Int. Source: World Bank, National Statistical Office, IMF estimates, Helgi Library. List [ edit] See also [ edit] List of countries by GNI (nominal) per capita Rated as a high middle income country, Namibias poverty and inequality levels are among the highest. Free and open access to global development data. DataBank. within the group of 168 2005 International Comparison Program. South Africa is 17% cheaper than Namibia. $25,000 and 115 has above Int. Over the past 40 years, the value for this indicator has fluctuated between $5,942 in 2012 and $1,342 in 1985. List by GDP at PPP (Purchasing Power Parity) and by Nominal GDP. South Africa concentrated the largest amount of private wealth in Africa as of 2020, some 604 billion U.S. dollars. $50k mark in 2020. Data. GDP growth (annual %) - Namibia | Data source: World Bank 10Y 25Y 50Y MAX Chart Compare Export API Embed Projections by IMF. The GDP per Capita in Namibia is equivalent to 35 percent of the world's average. White label accounts can distribute our data. Coronavirus; Population; W; GDP; GDP by Country; GDP per Capita . Dollars, Annual, Not Seasonally Adjusted, Percent Change From Preceding Period, Annual, Not Seasonally Adjusted, 2010 U.S. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. Standard users can export data in a easy to use web interface or using an excel add-in. The description is composed by our digital data assistant. His stake in Trustco alone is valued at more than $50 million. GDP (PPP) per capita is given in international dollars.. All Countries and Economies. source: World Bank 10Y 25Y 50Y MAX Chart Compare Export API Embed Namibia GDP This indicator provides per capita values for gross domestic product (GDP) expressed in current international dollars converted by purchasing power parity (PPP) conversion factor. DataBank. . The World Bank. Many of the causes stem from the social and economic imbalances of the apartheid system that was introduced in 1964 under South African rule. Note that the list excludes overseas departments Mayotte and Runion (France), both west of Mauritius.. Namibia GDP per capita, PPP - data, chart | TheGlobalEconomy.com With an estimated net worth of $177 billion, he is the richest person in the world. This site uses cookies to optimize functionality and give you the best possible experience. They were placed on your device when you launched this website. A person working in Namibia typically earns around 17,400 NAD per month. What is the richest country in Africa 2021? Nominally, Namibia is a lower-middle-income economy with a per capita gross domestic product (GDP) that is significantly above average for countries in sub-Saharan Africa. Namibia gdp for 2019 was $12.54B, a 8.33% decline from 2018. GDP per capita, PPP (current international $), GDP per capita, PPP (constant 2017 international $), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. GDP per capita, PPP (current international $) - Namibia International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme. GDP per capita, PPP (current international $) | Data Imagine country A has a GDP per capita of $40,000, while that of country B is just $10,000. Namibia, GDP - Economic Data Series | FRED | St. Louis Fed Summary Forecast Stats Download The Gross Domestic Product per capita in Botswana was last recorded at 15518.03 US dollars in 2022, when adjusted by purchasing power parity (PPP). GDP per capita, PPP (constant 2017 international $) GDP per capita growth (annual %) GDP per capita (constant LCU) GDP per capita (constant 2015 US$) GDP per capita (current LCU) GDP per capita (current US$) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. GDP per capita, PPP (current international $) GDP per capita (current LCU) GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. With a per capita GDP of $11,528, it is the tenth richest country in Africa. Home | About | Contact | Copyright | Report Content | Privacy | Cookie Policy | Terms & Conditions | Sitemap. Namibia: $10,471 . Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Namibia U.S.=100, Annual, Not Seasonally Adjusted 1960 to 2010 (2012-08-31) Purchasing Power Parity Converted GDP Per Capita, G-K method, at current prices for Namibia Taking a look at the gross domestic product (GDP) per capita in Namibia. source: World Bank 10Y 25Y 50Y MAX Chart Compare Export API Embed Namibia GDP per capita Namibia GDP - per capita (PPP) Factbook > Countries > Namibia > Economy GDP - per capita (PPP): $9,637 (2019 est.) It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. "A purchasing power parity (PPP) between two countries, A andB, is the ratio of the number of units of country As currency needed to purchase in country A the same quantityof a specific good or service as one unit of country Bs currency will purchase in country B. PPPs can be expressed inthe currency of either of the countries. DataBank. The GDP value of Namibia represents 0.01 percent of the world economy. GDP per capita based on PPP of Namibia increased from 5,557 international dollars in 2001 to 9,397 international dollars in 2020 growing at an average annual rate of 2.89%. Namibia is the second-least-densely populated country in the world, with an average of just five people for every square mile. CSV XML EXCEL. License : CC BY-4.0 Namibia can be found in Southern Africa. Namibia GDP per capita based on PPP, 1980-2020 - Knoema This article includes a list of countries of the world sorted by their Gross National Income (GNI) per capita at purchasing power parity (PPP). For rankings regarding wealth, see list of countries by wealth per adult . With a per capita GDP of $11,528, it is the tenth richest country in Africa. Our website uses cookies to improve your online experience. By GDP 5-years average growth and GDP per capita, South Africa and Namibia ranked 151st vs 117th and 95th vs 102nd, respectively. Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis, Federal Reserve Bank of St. Louis, We augment official (usable) data with regular quarterly surveys enabling greater data integrity. To learn more about cookies, click here. Namibia. 70th The population of Namibia is estimated to be 2.5 Million which gives a current GDP per capita PPP of $13,677 at current market prices. Trading Economics welcomes candidates from around the world. $10,051 (2017 est.) The country also placed 13th in the global military power ranking. Free and open access to global development data. In practice, they areusually computed among large numbers of countries andexpressed in terms of a single currency, with the U.S. dollar (US$) most commonly used as the base or numerairecurrency" -Global Purchasing Power Parities and Real Expenditures. To learn more about cookies, click here. Namibia | Data Advanced users can use our Python/R/Matlab packages. One Federal Reserve Bank Plaza, Namibia GDP - 2023 Data - 2024 Forecast - 1980-2022 Historical - Chart "A purchasing power parity (PPP) between two countries, A and B, is the ratio of the number of units of country A's currency needed to purchase in country A the same quantity of a specific good or service as one unit of country B's currency will purchase in country B. PPPs can be expressed in the currency of either . Namibia - GDP Per Capita (Purchasing Power Parity) Are you sure you want to delete this page? GDP Per Capita in Namibia compared to Africa - Global Property Guide We have a plan for your needs. Namibia can be found in Southern Africa. Namibia gdp per capita for 2018 was $5,687, a 4.29% increase from 2017. A purchasing power parity (PPP) between two countries, A and B, is the ratio of the number of units of country As currency needed to purchase in country A the same quantity of a specific good or service as one unit of country Bs currency will purchase in country B. PPPs can be expressed in the currency of either of the countries.

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