National debt of Namibia in relation to gross domestic product (GDP) 2029
The ratio of national debt to gross domestic product (GDP) in Namibia was forecast to decrease between 2024 and 2029 by in total 4.1 percentage points. This overall decrease does not happen continuously, notably not in 2027 and 2028. While the ratio was increasing earlier, it deteriorated and the ratio was forecast to reach 62.69 percent in 2029.
Depicted here is the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
Find more statistics on other topics about Namibia with key insights such as the share in the global GDP adjusted for purchasing power parity, the ratio of government expenditure to the gross domestic product, and the average inflation rate.
Depicted here is the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.
Find more statistics on other topics about Namibia with key insights such as the share in the global GDP adjusted for purchasing power parity, the ratio of government expenditure to the gross domestic product, and the average inflation rate.
