Namibia recorded a Government Debt to GDP of 65.30 percent of the country's Gross Domestic Product in 2023. Government Debt to GDP in Namibia averaged 26.93 percent of GDP from 1993 until 2023, reaching an all time high of 67.40 percent of GDP in 2021 and a record low of 14.10 percent of GDP in 2010. source: Bank of Namibia

Government Debt to GDP in Namibia is expected to reach 68.00 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Government Debt to GDP is projected to trend around 65.00 percent of GDP in 2025, according to our econometric models.




Related Last Previous Unit Reference
Credit Rating 37.00 Nov 2024
Government Budget -3.20 -5.20 percent of GDP Dec 2023
Government Debt 157630.94 153825.79 NAD Million Mar 2024
Government Debt to GDP 65.30 66.80 percent of GDP Dec 2023
Government Spending 49614.00 47299.00 NAD Million Dec 2023
Holidays
Military Expenditure 338.20 367.60 USD Million Dec 2023

Namibia Government Debt to GDP
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.
Actual Previous Highest Lowest Dates Unit Frequency
65.30 66.80 67.40 14.10 1993 - 2023 percent of GDP Yearly