namibia

Namibia Coronavirus Cases

Namibia recorded 16 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). Namibia did not report any Coronavirus Deaths so far. This page includes a chart with historical data for Namibia Coronavirus Cases.




namibia

Namibia Coronavirus Deaths

Namibia did not report any Coronavirus Deaths so far, according to the World Health Organization (WHO). This page includes a chart with historical data for Namibia Coronavirus Deaths.




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Namibia Coronavirus Recovered

Namibia recorded 9 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). Namibia did not report any Coronavirus Deaths so far. This page includes a chart with historical data for Namibia Coronavirus Recovered.




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Namibia Government Budget

Namibia recorded a Government Budget deficit equal to 4.40 percent of the country's Gross Domestic Product in 2018. Government Budget in Namibia averaged -2.87 percent of GDP from 2004 until 2018, reaching an all time high of 5.10 percent of GDP in 2007 and a record low of -8.10 percent of GDP in 2015. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Namibia Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia Youth Unemployment Rate

Youth Unemployment Rate in Namibia increased to 46.10 percent in 2018 from 43.40 percent in 2016. Youth Unemployment Rate in Namibia averaged 41.70 percent from 2012 until 2018, reaching an all time high of 46.10 percent in 2018 and a record low of 37.80 percent in 2012. This page provides - Namibia Youth Unemployment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia Import Prices

Import Prices in Namibia decreased to 101.90 points in 2018 from 107.10 points in 2017. Import Prices in Namibia averaged 101.80 points from 2007 until 2018, reaching an all time high of 111.80 points in 2016 and a record low of 84.10 points in 2007. This page provides - Namibia Import Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia Corporate Tax Rate

The Corporate Tax Rate in Namibia stands at 32 percent. Corporate Tax Rate in Namibia averaged 32.70 percent from 2011 until 2020, reaching an all time high of 34 percent in 2012 and a record low of 32 percent in 2016. In Namibia, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Namibia. This page provides - Namibia Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia Inflation Rate

The inflation rate in Namibia was recorded at 2.40 percent in March of 2020. Inflation Rate in Namibia averaged 9.29 percent from 1973 until 2020, reaching an all time high of 20.54 percent in June of 1992 and a record low of 0.94 percent in May of 2005. In Namibia, the most important category in the consumer price index is Housing and Utilities (28.4 percent of total weight). Food and Non-Alcoholic Beverages accounts for 16.5 percent; Transport for 14.3 percent; Alcoholic beverages and Tobacco for 12.6 percent; Furnishings and Household Equipment for 5.5 percent; and Miscellaneous Goods and Services for 5.4 percent. Communication, Education, Recreation and Culture, Clothing and Footwear, Health and Hotels, Cafés and Restaurants account for the remaining 17.6 percent of total weight. This page provides the latest reported value for - Namibia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




namibia

Namibia Government Debt to GDP

Namibia recorded a government debt equivalent to 45.10 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Namibia averaged 22.41 percent from 1993 until 2018, reaching an all time high of 45.10 percent in 2018 and a record low of 14.22 percent in 2010. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides the latest reported value for - Namibia Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Namibia Inflation Rate MoM

The Consumer Price Index in Namibia increased 0.10 percent in March of 2020 over the previous month. Inflation Rate Mom in Namibia averaged 0.42 percent from 2011 until 2020, reaching an all time high of 3.20 percent in January of 2017 and a record low of -0.30 percent in December of 2012. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides the latest reported value for - Namibia Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Namibia Wages Low Skilled

Wages Low Skilled in Namibia increased to 3240 NAD/Month in 2018 from 1240 NAD/Month in 2015. Wages Low Skilled in Namibia averaged 2240 NAD/Month from 2015 until 2018, reaching an all time high of 3240 NAD/Month in 2018 and a record low of 1240 NAD/Month in 2015. This page provides - Namibia Wages Low Skilled- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia Mining Production

Mining production in Namibia increased 2.50 percent in March of 2019 over the same month in the previous year. Mining Production in Namibia averaged 6.97 percent from 2011 until 2019, reaching an all time high of 76.51 percent in December of 2011 and a record low of -59.15 percent in June of 2011. This page provides the latest reported value for - Namibia Mining Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Namibia GDP per capita

The Gross Domestic Product per capita in Namibia was last recorded at 6073.20 US dollars in 2018. The GDP per Capita in Namibia is equivalent to 48 percent of the world's average. GDP per capita in Namibia averaged 4506.67 USD from 1980 until 2018, reaching an all time high of 6412.10 USD in 2015 and a record low of 3505.60 USD in 1990. The GDP per capita is obtained by dividing the country’s gross domestic product, adjusted by inflation, by the total population. This page provides the latest reported value for - Namibia GDP per capita - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Namibia Export Prices

Export Prices in Namibia decreased to 105.10 points in 2018 from 110.10 points in 2017. Export Prices in Namibia averaged 100.47 points from 2007 until 2018, reaching an all time high of 120.40 points in 2012 and a record low of 78.80 points in 2007. This page provides - Namibia Export Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia Money Supply M1

Money Supply M1 in Namibia increased to 58403.90 NAD Million in January from 56966.10 NAD Million in December of 2019. Money Supply M1 in Namibia averaged 19140.82 NAD Million from 1993 until 2020, reaching an all time high of 58403.90 NAD Million in January of 2020 and a record low of 1181.60 NAD Million in January of 1994. This page provides - Namibia Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.




namibia

Namibia Exports

Exports in Namibia increased to 15404.10 NAD Million in the fourth quarter of 2019 from 13592.10 NAD Million in the third quarter of 2019. Exports in Namibia averaged 6924.89 NAD Million from 1999 until 2019, reaching an all time high of 15893.10 NAD Million in the fourth quarter of 2018 and a record low of 1559.20 NAD Million in the third quarter of 1999. Namibia exports mostly diamonds (25% of total exports), uranium, lead, zinc, tin, silver, tungsten, food and live animals and manufactured products. Namibia's main exports partners are South Africa (27% of total), United Kingdom (17%), USA, Angola, Netherlands and Spain. This page provides - Namibia Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia GDP From Mining

GDP From Mining in Namibia increased to 3496 USD Million in the fourth quarter of 2019 from 3432 USD Million in the third quarter of 2019. GDP From Mining in Namibia averaged 2466.65 USD Million from 2000 until 2019, reaching an all time high of 4014.94 USD Million in the second quarter of 2018 and a record low of 1075 USD Million in the second quarter of 2001. This page provides - Namibia Gdp From Mining- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia Unemployed Persons

The number of unemployed persons in Namibia increased to 364411 Thousand in 2018 from 349383 Thousand in 2016. Unemployed Persons in Namibia averaged 306726.60 Thousand from 2012 until 2018, reaching an all time high of 364411 Thousand in 2018 and a record low of 248944 Thousand in 2012. This page provides - Namibia Unemployed Persons- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia GDP From Utilities

GDP From Utilities in Namibia increased to 617 USD Million in the fourth quarter of 2019 from 614 USD Million in the third quarter of 2019. GDP From Utilities in Namibia averaged 559.36 USD Million from 2008 until 2019, reaching an all time high of 849 USD Million in the first quarter of 2018 and a record low of 158.60 USD Million in the third quarter of 2009. This page provides - Namibia Gdp From Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.




namibia

Namibia Money Supply M0

Money Supply M0 in Namibia decreased to 5711.67 NAD Million in February from 7117.57 NAD Million in January of 2020. Money Supply M0 in Namibia averaged 3927.52 NAD Million from 2002 until 2020, reaching an all time high of 11104.43 NAD Million in March of 2016 and a record low of 857.78 NAD Million in June of 2002. This page provides - Namibia Money Supply M0- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia Gross National Income

Gross National Product in Namibia decreased to 173649.85 NAD Million in 2019 from 180548.92 NAD Million in 2018. Gross National Product in Namibia averaged 51464.44 NAD Million from 1980 until 2019, reaching an all time high of 180548.92 NAD Million in 2018 and a record low of 1417 NAD Million in 1980. This page provides - Namibia Gross National Income - actual values, historical data, forecast, chart, statistics, economic calendar and news.




namibia

Namibia Terms Of Trade

Terms Of Trade in Namibia increased to 103.20 points in 2018 from 102.90 points in 2017. Terms Of Trade in Namibia averaged 98.63 points from 2007 until 2018, reaching an all time high of 111.40 points in 2012 and a record low of 83.60 points in 2013. This page provides - Namibia Terms Of Trade- actual values, historical data, forecast, chart, statistics, economic calendar and news.




namibia

Namibia Competitiveness Index

Namibia scored 54.46 points out of 100 on the 2018 Global Competitiveness Report published by the World Economic Forum. Competitiveness Index in Namibia averaged 15.32 Points from 2007 until 2019, reaching an all time high of 54.46 Points in 2019 and a record low of 3.84 Points in 2008. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. The report is made up of 98 variables, from a combination of data from international organizations as well as from the World Economic Forum’s Executive Opinion Survey. The variables are organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. The GCI varies between 1 and 100, higher average score means higher degree of competitiveness. With the 2018 edition, the World Economic Forum introduced a new methodology, aiming to integrate the notion of the 4th Industrial Revolution into the definition of competitiveness. It emphasizes the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. This page provides the latest reported value for - Namibia Competitiveness Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




namibia

Namibia Living Wage Family

Living Wage Family in Namibia remained unchanged at 8590 NAD/Month in 2018 from 8590 NAD/Month in 2018. This page provides - Namibia Living Wage Family- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia GDP Annual Growth Rate

The Gross Domestic Product (GDP) in Namibia expanded 1.60 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Namibia averaged 3.80 percent from 1990 until 2019, reaching an all time high of 21 percent in the third quarter of 2004 and a record low of -6.10 percent in the first quarter of 2009. Namibia is a small and relatively open economy that is rich in mineral resources. Services account for around 60 percent of GDP. Within services the most important are wholesale and retail trade (13 percent), public administration and defense (11 percent); education (9 percent) and real estate (8 percent). Mining and quarrying (mainly diamonds and uranium) account for 12.3 percent of the output, manufacturing for 12.3 percent and agriculture and fishing for 9 percent. This page provides the latest reported value for - Namibia GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




namibia

Namibia GDP Constant Prices

GDP Constant Prices in Namibia increased to 36293 NAD Million in the fourth quarter of 2019 from 35866 NAD Million in the third quarter of 2019. GDP Constant Prices in Namibia averaged 24884.70 NAD Million from 2004 until 2019, reaching an all time high of 37222.60 NAD Million in the third quarter of 2015 and a record low of 10269 NAD Million in the first quarter of 2004. This page provides - Namibia GDP Constant Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.




namibia

Namibia GDP From Wholesale and Retail Trade

GDP From Services in Namibia increased to 3550 USD Million in the fourth quarter of 2019 from 3105 USD Million in the third quarter of 2019. GDP From Services in Namibia averaged 3160.33 USD Million from 2008 until 2019, reaching an all time high of 4400.40 USD Million in the fourth quarter of 2016 and a record low of 1849 USD Million in the first quarter of 2008. This page provides - Namibia Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.




namibia

Namibia Personal Income Tax Rate

The Personal Income Tax Rate in Namibia stands at 37 percent. In Namibia, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Namibia. This page provides the latest reported value for - Namibia Personal Income Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




namibia

Namibia GDP From Construction

GDP From Construction in Namibia increased to 862 USD Million in the fourth quarter of 2019 from 807 USD Million in the third quarter of 2019. GDP From Construction in Namibia averaged 775.63 USD Million from 2000 until 2019, reaching an all time high of 2065.50 USD Million in the second quarter of 2015 and a record low of 167 USD Million in the second quarter of 2000. This page provides - Namibia Gdp From Construction- actual values, historical data, forecast, chart, statistics, economic calendar and news.




namibia

Namibia Capital Flows

Namibia recorded a capital and financial account deficit of 324.90 NAD Million in the fourth quarter of 2019. Capital Flows in Namibia averaged -1082.63 NAD Million from 1999 until 2019, reaching an all time high of 1916.80 NAD Million in the third quarter of 2009 and a record low of -8763.70 NAD Million in the fourth quarter of 2016. This page provides - Namibia Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news.




namibia

Namibia GDP From Manufacturing

GDP From Manufacturing in Namibia increased to 4542 USD Million in the fourth quarter of 2019 from 4492 USD Million in the third quarter of 2019. GDP From Manufacturing in Namibia averaged 2949.06 USD Million from 2000 until 2019, reaching an all time high of 5165 USD Million in the second quarter of 2019 and a record low of 1292 USD Million in the first quarter of 2007. This page provides - Namibia Gdp From Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.




namibia

Namibia GDP From Public Administration

GDP From Public Administration in Namibia decreased to 4414 USD Million in the fourth quarter of 2019 from 5139 USD Million in the third quarter of 2019. GDP From Public Administration in Namibia averaged 2647.87 USD Million from 2000 until 2019, reaching an all time high of 5139 USD Million in the third quarter of 2019 and a record low of 839 USD Million in the third quarter of 2000. This page provides - Namibia Gdp From Public Administration- actual values, historical data, forecast, chart, statistics, economic calendar and news.




namibia

Namibia GDP per capita PPP

The Gross Domestic Product per capita in Namibia was last recorded at 9897.63 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Namibia, when adjusted by Purchasing Power Parity is equivalent to 56 percent of the world's average. GDP per capita PPP in Namibia averaged 7716.52 USD from 1990 until 2018, reaching an all time high of 10449.95 USD in 2015 and a record low of 5713.20 USD in 1990. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Namibia GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.




namibia

Namibia GDP Deflator

GDP Deflator in Namibia increased to 176.51 Index Points in 2018 from 165.79 Index Points in 2017. GDP Deflator in Namibia averaged 123.64 Index Points from 2007 until 2018, reaching an all time high of 176.51 Index Points in 2018 and a record low of 81.39 Index Points in 2007. This page provides - Namibia Gdp Deflator- actual values, historical data, forecast, chart, statistics, economic calendar and news.




namibia

Namibia GDP Growth Rate

The Gross Domestic Product (GDP) in Namibia contracted 0.86 percent in the third quarter of 2019 over the previous quarter. GDP Growth Rate in Namibia averaged 1.68 percent from 2004 until 2019, reaching an all time high of 29.90 percent in the first quarter of 2013 and a record low of -8.80 percent in the fourth quarter of 2004. Namibia has one of the biggest GDP per capita in Africa. Yet, due to an uneven distribution of income, half of the population lives below the poverty line. The Namibian economy is dependent on the extraction and processing of minerals like diamonds, uranium, lead, zinc, tin, silver, and tungsten. Subsistence agriculture is the main source of income for 50% of Namibians. This page provides - Namibia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.




namibia

Namibia Balance of Trade

Namibia recorded a trade deficit of 3429.50 NAD Million in the fourth quarter of 2019. Balance of Trade in Namibia averaged -3143.20 NAD Million from 1999 until 2019, reaching an all time high of 577.60 NAD Million in the third quarter of 2004 and a record low of -11476.60 NAD Million in the third quarter of 2015. Namibia exports mostly diamonds (25% of total exports), uranium, lead, zinc, tin, silver, tungsten, food and live animals and manufactured products. Namibia's main exports partners are South Africa (27% of total), United Kingdom (17%), USA, Angola, Netherlands and Spain. Namibia imports food products; petroleum products and fuel, machinery and equipment and chemicals. South Africa is Namibia’s major import partner (66% of total imports), followed by the Netherlands, United Kingdom and China. This page provides - Namibia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.




namibia

Namibia Population

The total population in Namibia was estimated at 2.5 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Namibia had a population of 0.6 million people. The population of Namibia represents 0.03 percent of the world´s total population which arguably means that one person in every 3006 people on the planet is a resident of Namibia. This page provides the latest reported value for - Namibia Population - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




namibia

Ease of Doing Business in Namibia

Namibia is ranked 104 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Namibia improved to 104 in 2019 from 107 in 2018. Ease of Doing Business in Namibia averaged 91.17 from 2008 until 2019, reaching an all time high of 108 in 2016 and a record low of 54 in 2008. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Namibia.




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Namibia Consumer Spending

Consumer Spending in Namibia increased to 107747 NAD Million in 2019 from 103344 NAD Million in 2018. Consumer Spending in Namibia averaged 43578.18 NAD Million from 1980 until 2019, reaching an all time high of 110757 NAD Million in 2016 and a record low of 17064 NAD Million in 1980. This page provides - Namibia Consumer Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia Terrorism Index

Terrorism Index in Namibia remained unchanged at 0 in 2018 from 0 in 2017. Terrorism Index in Namibia averaged 0.42 from 2002 until 2018, reaching an all time high of 3.03 in 2002 and a record low of 0 in 2006. The Global Terrorism Index measures the direct and indirect impact of terrorism, including its effects on lives lost, injuries, property damage and the psychological aftereffects. It is a composite score that ranks countries according to the impact of terrorism from 0 (no impact) to 10 (highest impact).




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Namibia Government Spending

Government Spending in Namibia increased to 39480 NAD Million in 2019 from 39324 NAD Million in 2018. Government Spending in Namibia averaged 17597.50 NAD Million from 1980 until 2019, reaching an all time high of 40186 NAD Million in 2016 and a record low of 6120 NAD Million in 1980. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Namibia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.




namibia

Namibia Tourist Arrivals

Tourist Arrivals in Namibia increased to 1530246 Persons in 2018 from 1499442 Persons in 2017. Tourist Arrivals in Namibia averaged 1137465.64 Persons from 2005 until 2018, reaching an all time high of 1530246 Persons in 2018 and a record low of 777890 Persons in 2005. This page provides - Namibia Tourist Arrivals- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia Stock Market

The NSX Overall decreased 336 points or 25.48% since the beginning of 2020, according to trading on a contract for difference (CFD) that tracks this benchmark index from Namibia. Historically, the Namibia Stock Market reached an all time high of 1461.15 in March of 2018. The Namibia Overall Index is a free-floated market capitalization weighted index of all companies listed on the Namibian Stock Exchange.




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Namibia Living Wage Individual

Living Wage Individual in Namibia remained unchanged at 8360 NAD/Month in 2018 from 8360 NAD/Month in 2018. WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey. This page provides - Namibia Living Wage Individual- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia Labor Force Participation Rate

Labor Force Participation Rate in Namibia increased to 71.20 percent in 2018 from 69.40 percent in 2016. Labor Force Participation Rate in Namibia averaged 69.26 percent from 2012 until 2018, reaching an all time high of 71.20 percent in 2018 and a record low of 66.30 percent in 2012. This page provides - Namibia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia GDP From Agriculture

GDP From Agriculture in Namibia increased to 1578 USD Million in the fourth quarter of 2019 from 847 USD Million in the third quarter of 2019. GDP From Agriculture in Namibia averaged 1144.94 USD Million from 2000 until 2019, reaching an all time high of 2721.90 USD Million in the second quarter of 2014 and a record low of 643 USD Million in the fourth quarter of 2000. This page provides - Namibia Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia Foreign Exchange Reserves

Foreign Exchange Reserves in Namibia increased to 32973.90 NAD Million in March from 32168.72 NAD Million in February of 2020. Foreign Exchange Reserves in Namibia averaged 13861.10 NAD Million from 2003 until 2020, reaching an all time high of 35179.23 NAD Million in July of 2019 and a record low of 1783.20 NAD Million in June of 2004. In Namibia, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans. This page provides - Namibia Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia Competitiveness Rank

Namibia is the 94 most competitive nation in the world out of 140 countries ranked in the 2018 edition of the Global Competitiveness Report published by the World Economic Forum. Competitiveness Rank in Namibia averaged 86.15 from 2007 until 2019, reaching an all time high of 100 in 2018 and a record low of 72 in 2007. The most recent 2018 edition of Global Competitiveness Report assesses 140 economies. In 2018, the World Economic Forum introduced a new methodology emphasizing the role of human capital, innovation, resilience and agility, as not only drivers but also defining features of economic success in the 4th Industrial Revolution. As a result, the GCI scale changed to 1 to 100 from 1 to 7, with higher average score meaning higher degree of competitiveness. The report is made up of 98 variables organized into twelve pillars with the most important including: institutions; infrastructure; ICT adoption; macroeconomic stability; health; skills; product market; labour market; financial system; market size; business dynamism; and innovation capability. This page provides the latest reported value for - Namibia Competitiveness Rank - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.




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Namibia Sales Tax Rate - VAT

The Sales Tax Rate in Namibia stands at 15 percent. In Namibia, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Namibia. This page provides - Namibia Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news.




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Namibia Current Account

Namibia recorded a Current Account deficit of 562.20 NAD Million in the fourth quarter of 2019. Current Account in Namibia averaged -919.17 NAD Million from 1999 until 2019, reaching an all time high of 2409 NAD Million in the fourth quarter of 2006 and a record low of -7961.10 NAD Million in the fourth quarter of 2016. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides the latest reported value for - Namibia Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.