NAM Namibia development indicators, 2022

Indicator
Namibia
Namibia
Age dependency ratio (% of working-age population) 67.3
Agriculture, forestry, and fishing, value added (% of GDP) 8.6
Charges for the use of intellectual property, payments (BoP, current US$) 8,863,054
Charges for the use of intellectual property, receipts (BoP, current US$) 1,718,474
Current account balance (BoP, current US$) -1,568,956,676
Deposit interest rate (%) 3.7
Domestic credit provided by financial sector (% of GDP) 88.8
Domestic credit to private sector (% of GDP) 60.8
Exports of goods and services (% of GDP) 37.6
Foreign direct investment, net inflows (BoP, current US$) 933,422,690
Fuel exports (% of merchandise exports) 3.3
GDP (current US$) 12,607,436,976
GDP growth (annual %) 4.6
GDP per capita (constant 2010 US$) 4,358
GDP per capita (current US$) 4,911
GDP per capita growth (annual %) 3.1
GDP per capita, PPP (current international $) 11,206
GNI per capita, Atlas method (current US$) 4,880
GNI per capita, PPP (current international $) 10,890
GNI, Atlas method (current US$) 12,529,991,317
GNI, PPP (current international $) 27,945,761,732
Government expenditure on education, total (% of government expenditure) 24.7
Gross capital formation (% of GDP) 17.4
Gross savings (% of GDP) 3.4
Imports of goods and services (% of GDP) 56.4
Industry (including construction), value added (% of GDP) 28.0
Inflation, GDP deflator (annual %) 7.2
Inflation, consumer prices (annual %) 6.1
Interest rate spread (lending rate minus deposit rate, %) 4.9
Labor force participation rate, female (% of female population ages 15+) (modeled ILO estimate) 55.6
Labor force participation rate, male (% of male population ages 15+) (modeled ILO estimate) 62.4
Labor force, female (% of total labor force) 49.8
Labor force, total 963,465
Lending interest rate (%) 8.6
Logistics performance index: Overall (1=low to 5=high) 2.9
Merchandise exports (current US$) 7,100,000,000
Merchandise imports (current US$) 9,800,000,000
Merchandise trade (% of GDP) 134
Official exchange rate (LCU per US$, period average) 16.4
Ores and metals exports (% of merchandise exports) 25.1
PPP conversion factor, GDP (LCU per international $) 7.2
Personal remittances, received (current US$) 53,838,028
Population ages 0-14 (% of total population) 36.2
Population ages 15-64 (% of total population) 59.8
Population ages 65 and above (% of total population) 4.0
Population growth (annual %) 1.4
Population, female (% of total population) 51.8
Population, total 2,567,012
Price level ratio of PPP conversion factor (GDP) to market exchange rate 0.4
Proportion of seats held by women in national parliaments (%) 44.2
Real interest rate (%) 1.3
Refugee population by country or territory of asylum 4,685
Refugee population by country or territory of origin 312
Risk premium on lending (lending rate minus treasury bill rate, %) 2.2
Rural population 1,181,955
Rural population (% of total population) 46.0
Terrestrial and marine protected areas (% of total territorial area) 23.2
Total reserves (includes gold, current US$) 2,803,462,865
Unemployment, female (% of female labor force) (modeled ILO estimate) 19.7
Unemployment, male (% of male labor force) (modeled ILO estimate) 22.0
Unemployment, total (% of total labor force) (modeled ILO estimate) 20.8
Unemployment, youth female (% of female labor force ages 15-24) (modeled ILO estimate) 40.9
Unemployment, youth male (% of male labor force ages 15-24) (modeled ILO estimate) 38.9
Urban population 1,385,057
Urban population (% of total population) 54.0