| variable | 1989-1989 | 1990-1999 | 2000-2007 | 2008-2009 | 2010-2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current account balance/GDP % | 1.07 | 2.91 | 5.23 | -3.76 | -7.0 | -11.23 | -12.77 | -15.27 | -15.37 | -15.56 |
| real gdp growth | - | 3.77 | 4.26 | 3.17 | 1.73 | 3.6 | 5.4 | 4.44 | 3.71 | 3.78 |
| CPI % | - | 11.22 | 7.15 | 7.16 | 4.92 | 3.62 | 6.08 | 5.88 | 4.24 | 3.79 |
| Debt/GDP % | - | 18.78 | 24.3 | 16.09 | 40.81 | 69.6 | 69.43 | 67.16 | 67.7 | 63.86 |
Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here
Various ethnic groups occupied southwestern Africa prior to Germany establishing a colony over most of the territory in 1884. South Africa occupied the colony, then known as German South West Africa, in 1915 during World War I and administered it as a mandate until after World War II, when it annexed the territory. In 1966, the Marxist South-West Africa People's Organization (SWAPO) guerrilla group launched a war of independence for the area that became Namibia, but it was not until 1988 that South Africa agreed to end its administration in accordance with a UN peace plan for the entire region. Namibia gained independence in 1990, and SWAPO has governed it since, although the party has dropped much of its Marxist ideology. President Hage GEINGOB was elected in 2014 in a landslide victory, replacing Hifikepunye POHAMBA, who stepped down after serving two terms. SWAPO retained its parliamentary super majority in the 2014 elections. In 2019 elections, GEINGOB was reelected but by a substantially reduced majority, and SWAPO narrowly lost its super majority in parliament.
Area: 824,292 km2
Climate: desert; hot, dry; rainfall sparse and erratic
Natural resources: diamonds, copper, uranium, gold, silver, lead, tin, lithium, cadmium, tungsten, zinc, salt, hydropower, fishnote: suspected deposits of oil, coal, and iron ore
Groups: Ovambo 50%, Kavangos 9%, Herero 7%, Damara 7%, mixed European and African ancestry 6.5%, European 6%, Nama 5%, Caprivian 4%, San 3%, Baster 2%, Tswana 0.5%
Languages: Oshiwambo languages 49.7%, Nama/Damara 11%, Kavango languages 10.4%, Afrikaans 9.4%, Herero languages 9.2%, Zambezi languages 4.9%, English (official) 2.3%, other African languages 1.5%, other European languages 0.7%, other 1% (2016 est.)note: Namibia has 13 recognized national languages, including 10 indigenous African languages and 3 European languages
Religions: Christian 97.5%, other 0.6% (includes Muslim, Baha'i, Jewish, Buddhist), unaffiliated 1.9% (2020 est.)
Capital: Windhoek
Government type: presidential republic
Chief of state: President Netumbo NANDI-NDAITWAH (since 21 March 2025)
Head of government: President Netumbo NANDI-NDAITWAH (since 21 March 2025)cabinet: Cabinet appointed by the president from among members of the National Assemblyelection/appointment process: president directly elected by absolute-majority popular vote in 2 rounds, if needed, for a 5-year term (eligible for a second term)most recent election date: 27 November 2024election results: 2024: Netumbo NANDI-NDAITWAH elected president in the first round; percent of vote -Netumbo NANDI-NDAITWAH (SWAPO) 57%, Panduleni ITULA (IPC) 26%, McHenry VENAANI (PDM) 5.10%, Bernadus SWARTBOOI (LPM) 4.72%, Job AMUPANDA (AR) 1.80%, Hendrik GAOBEAB (UDF) 1.16%; other 3.31%2019: Hage GEINGOB reelected president in the first round; percent of vote - Hage GEINGOB (SWAPO) 56.3%, Panduleni ITULA (independent) 29.4%, McHenry VENAANI (PDM) 5.3%, other .9%expected date of next election: November 2029note: the president is both chief of state and head of government
Description: legislature name: Parliamentlegislative structure: bicameral
Information derived by "The World Factbook 2021. Washington, DC: Central Intelligence Agency, 2021. https://www.cia.gov/the-world-factbook/"