Namibia Debt to GDP Ratio 2007-2024

Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year.
  • Namibia debt to gdp ratio for 2019 was 4.64%, a 0.85% decline from 2018.
  • Namibia debt to gdp ratio for 2018 was 5.49%, a 0.06% increase from 2017.
  • Namibia debt to gdp ratio for 2017 was 5.44%, a 0.15% increase from 2016.
  • Namibia debt to gdp ratio for 2016 was 5.28%, a 0.62% increase from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Government Debt as % of GDP
Brazil 92.57%
Jamaica 92.25%
Jordan 79.34%
Albania 75.70%
Colombia 72.70%
South Africa 64.72%
Mauritius 57.96%
Malaysia 52.42%
Armenia 50.03%
Bosnia 44.02%
Romania 43.21%
Mexico 42.47%
Marshall Islands 41.71%
Thailand 40.14%
Turkey 34.13%
Belarus 33.24%
Bulgaria 26.92%
Peru 26.53%
Kazakhstan 18.48%
Russia 17.28%
Botswana 16.19%
Namibia 4.64%
Namibia Debt to GDP Ratio - Historical Data
Year Government Debt as % of GDP Annual Change
2019 4.64% -0.85%
2018 5.49% 0.06%
2017 5.44% 0.15%
2016 5.28% 0.62%
2015 4.67% 2.10%
2013 2.57% 3.74%
2012 -1.17% -8.62%
2011 7.45% 5.84%
2010 1.61% 1.33%
2009 0.28% -0.82%
2008 1.10% -116.41%
2007 117.52% -116.41%