Net debt, General government, Percent of GDP in Namibia
Namibia: Net debt, General government, Percent of GDP was 64.66 in 2030. ◆ Volatile
Latest (2030)
64.66
Change on year
up 0.2%
World rank
23rd
of 90 countries
All-time high
69.09
in 2022
All-time low
7.52
in 2007
Years of data
37
1994–2030
Net debt, General government, Percent of GDP in Namibia, 1994–2030
Source: International Monetary Fund.
Analysis
The most recent figure for net debt, general government, percent of gdp in Namibia is 64.66, measured in 2030.
Compared with earlier readings it is up 0.2% on the previous year and up 4.6% over ten years.
Over the whole period, net debt, general government, percent of gdp in Namibia peaked at 69.09 in 2022 and was at its lowest, 7.52, in 2007.
Namibia ranks 23rd of 90 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net debt, General government, Percent of GDP in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 14.97 | — |
| 1995 | 16.41 | +9.6% |
| 1996 | 17.08 | +4.1% |
| 1997 | 16.16 | -5.4% |
| 1998 | 17.86 | +10.5% |
| 1999 | 19.89 | +11.4% |
| 2000 | 19.03 | -4.3% |
| 2001 | 21.33 | +12.1% |
| 2002 | 20.66 | -3.1% |
| 2003 | 24.97 | +20.8% |
| 2004 | 26.9 | +7.8% |
| 2005 | 21.06 | -21.7% |
| 2006 | 16.31 | -22.6% |
| 2007 | 7.52 | -53.9% |
| 2008 | 8.69 | +15.6% |
| 2009 | 8.99 | +3.4% |
| 2010 | 13.38 | +48.9% |
| 2011 | 21.69 | +62.1% |
| 2012 | 18.72 | -13.7% |
| 2013 | 23.25 | +24.2% |
| 2014 | 26.89 | +15.6% |
| 2015 | 36.68 | +36.4% |
| 2016 | 42.69 | +16.4% |
| 2017 | 41.39 | -3.0% |
| 2018 | 45.76 | +10.6% |
| 2019 | 53.22 | +16.3% |
| 2020 | 61.82 | +16.2% |
| 2021 | 68.41 | +10.7% |
| 2022 | 69.09 | +1.0% |
| 2023 | 65.19 | -5.7% |
| 2024 | 64.1 | -1.7% |
| 2025 | 62.88 | -1.9% |
| 2026 | 62.85 | -0.0% |
| 2027 | 63.96 | +1.8% |
| 2028 | 64.45 | +0.8% |
| 2029 | 64.51 | +0.1% |
| 2030 | 64.66 | +0.2% |
Namibia compared with similar countries
- Namibia's 64.66 is above the median for lower middle income countries, which is 56.15, 1.2× the median. (14 countries reporting)
- Namibia's 64.66 is above the median for Sub-Saharan Africa, which is 40.86, 1.6× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.06 | 14.97 | 19.89 | 6 |
| 2000s | 17.55 | 7.52 | 26.9 | 10 |
| 2010s | 32.37 | 13.38 | 53.22 | 10 |
| 2020s | 64.73 | 61.82 | 69.09 | 10 |
| 2030s | 64.66 | 64.66 | 64.66 | 1 |
Countries ranked near Namibia
More external debt data for Namibia
- Other investment, Debt instruments 1.94 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) -10.08 % change on previous year (2025)
- Other investment, Debt instruments, Deposit taking corporations 639.87 million US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 628.22 US dollar per person (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 0.1288 US dollar per US$ of GDP (2025)
- Liabilities, International Liquidity, Liabilities to Nonresidents 571.15 million (2025)
- Net lending (+) / net borrowing (-), General government, Percent of -3.61 (2030)
- Other investment, Debt instruments, Deposit taking corporations -39.79 % change on previous year (2025)
- Primary net lending (+) / net borrowing (-), General government 1.67 (2030)
- Other investment, Debt instruments, Deposit taking corporations 206.89 US dollar per person (2025)
Frequently asked questions
- What is net debt, general government, percent of gdp in Namibia?
- Net debt, general government, percent of gdp in Namibia was 64.66 in 2030, according to International Monetary Fund.
- What is the highest net debt, general government, percent of gdp recorded in Namibia?
- The highest recorded value was 69.09 in 2022.
- What is the lowest net debt, general government, percent of gdp recorded in Namibia?
- The lowest recorded value was 7.52 in 2007.
- How does Namibia rank for net debt, general government, percent of gdp?
- Namibia ranks 23rd out of 90 countries with data for 2030.
- Is net debt, general government, percent of gdp rising or falling in Namibia?
- Over the last ten years it is up 4.6%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from International Monetary Fund, published as part of Net debt, General government, Percent of GDP. Statizoid updates them automatically from the source API.
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About this data
Fiscal Monitor (FM) 2025 October