Namibia Debt to GDP Ratio 2007-2023
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.
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% |