Selected Countries and Economies. A purchasing power parity (PPP) between two countries, A and B, is the ratio of the number of . They were placed on your device when you launched this website. A person working in Namibia typically earns around 17,400 NAD per month. Explore resources provided by the Research Division at the Federal Reserve Bank of St. Louis. WDI Tables. Botswana GDP per capita PPP 2023 Data - 2024 Forecast - TRADING ECONOMICS source: World Bank 10Y 25Y 50Y MAX Chart Compare Export API Embed Namibia GDP per capita Namibia - GDP Per Capita, PPP (current International $) By GDP 5-years average growth and GDP per capita, South Africa and Namibia ranked 151st vs 117th and 95th vs 102nd, respectively. Among the 689 million people living in extreme poverty on $1.90 or less a day, there is a man called Jerome Kerviel, who is the poorest person in the world. The data was retrieved on April 7, 2023. International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme. Namibia gdp for 2018 was $13.68B, a 6.1% increase from 2017. What is Purchasing Power Parity (PPP)? Why is it important? Namibia. This indicates the importance of education as a poverty reduction strategy. The Gross Domestic Product per capita in Namibia was last recorded at 9137.80 US dollars in 2021, when adjusted by purchasing power parity (PPP). To learn more about cookies, click here. The table below is an imperfect attempt at assessing Namibia's Income per capita level (proxied as World Economics GDP per capita) and Namibia's Asset wealth per capita (proxied by data derived from the Credit Suisse Wealth Report 2022), and using Untited Nations population data. Still, the high rate of poverty and unemployment leads to a fair amount of opportunistic crime. Current health expenditure per capita (current US$), Current health expenditure per capita, PPP (current international $), Out-of-pocket expenditure (% of current health expenditure), Domestic general government health expenditure per capita, PPP (current international $), Domestic general government health expenditure (% of current health expenditure), Domestic general government health expenditure per capita (current US$), External health expenditure per capita, PPP (current international $), Out-of-pocket expenditure per capita, PPP (current international $), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. There are 3,300 US$-millionaires in Namibia, 1,400 of which live in the capital Windhoek. Mining, agriculture, manufacturing, and tourism all play significant roles in the countrys economy. Are you sure you want to delete this document? Namibia | GDP | 2023 | Economic Data | World Economics "A purchasing power parity (PPP) between two countries, A andB, is the ratio of the number of units of country As currency needed to purchase in country A the same quantityof a specific good or service as one unit of country Bs currency will purchase in country B. PPPs can be expressed inthe currency of either of the countries. EMMY NOMINATIONS 2022: Outstanding Limited Or Anthology Series, EMMY NOMINATIONS 2022: Outstanding Lead Actress In A Comedy Series, EMMY NOMINATIONS 2022: Outstanding Supporting Actor In A Comedy Series, EMMY NOMINATIONS 2022: Outstanding Lead Actress In A Limited Or Anthology Series Or Movie, EMMY NOMINATIONS 2022: Outstanding Lead Actor In A Limited Or Anthology Series Or Movie. Why Do Cross Country Runners Have Skinny Legs? source: World Bank 10Y 25Y 50Y MAX Chart Compare Export API Embed Namibia GDP . PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. Safety. $25,000 and 115 has above Int. The index measures the amount of human capital that a child born today can expect to . Copyright 2023 Helgi Library. Country. GDP per capita based on PPP of Namibia increased from 5,557 international dollars in 2001 to 9,397 international dollars in 2020 growing at an average annual rate of 2.89%. Rwanda is arguably the safest country in Africa, which is immediately apparent upon arrival in the relaxed and sophisticated capital Kigali. Are you sure you want to delete this page? Namibia: Africa: 30,249: . His stake in Trustco alone is valued at more than $50 million. Namibia is the second-least-densely populated country in the world, with an average of just five people for every square mile. Trading Economics welcomes candidates from around the world. Seventy-six economies have per capita income higher than the global average. Namibia GDP - 2023 Data - 2024 Forecast - 1980-2022 Historical - Chart Definition: GDP per capita is gross domestic product divided by midyear population. GDP per capita, PPP (current international $) GDP per capita (current LCU) GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. An international dollar has the same purchasing power over GDP as a U.S. dollar has in the United States. Data. There are a few reasons why Namibia is poor. Namibia GDP per capita, PPP - data, chart | TheGlobalEconomy.com Namibia, GDP - Economic Data Series | FRED | St. Louis Fed The countrys large population of 211 million is a likely contributor to its large GDP.The top ten wealthiest African countries are: India has a GDP per capita of $7,200 as of 2017, while in Nigeria, the GDP per capita is $5,900 as of 2017. World Economics provides clear guidance on what is good usable data and what is likely to mislead. Based on the per capita GDP and GNI values from 2020, Burundi ranks as the poorest country in not only Africa, but also the world. GDP per capita, PPP (current international $) - Namibia | Data GDP per capita, PPP (current international $) | Data Historically, GDP as a share of GDP in PPP terms in Namibia reached an all time high of 65.2% in 2011 and an all time low of 30.6% in 2002. If they cannot spend more than N$520.80 per month, they are just considered poor. Our website uses cookies to improve your online experience. St. Louis, MO 63102, Current U.S. Economy of Namibia. White label accounts can distribute our data. List of African countries by GDP (PPP) per capita - Wikipedia Historically, GDP as a share of GDP in PPP terms in Namibia reached an all time high of Dollars, Annual, Not Seasonally Adjusted, Millions of 2017 U.S. GDP growth (annual %) - Namibia | Data Namibia gdp per capita for 2019 was $5,126, a 9.87% decline from 2018. This is 1.05% more than in the previous year. Coronavirus; Population; W; GDP; GDP by Country; GDP per Capita . 65.2% in 2011 Bahrain, Canada, and Finland fell below the Int. GDP per capita, PPP (current international $) - Namibia International Comparison Program, World Bank | World Development Indicators database, World Bank | Eurostat-OECD PPP Programme. 70th List of countries by GNI (PPP) per capita - Wikipedia Our website uses cookies to improve your online experience. Purchasing Power Parity Converted GDP Per Capita Relative to the United States, G-K method, at current prices for Namibia U.S.=100, Annual, Not Seasonally Adjusted 1960 to 2010 (2012-08-31) Purchasing Power Parity Converted GDP Per Capita, G-K method, at current prices for Namibia The World Bank. Most Recent Year. CSV XML EXCEL. The latest value for GDP per capita (current US$) in Namibia was $4,179 as of 2020. What is the official language of Namibia? Okay to continue Browse data for over 150+ countries split by geography and category. Namibia GDP per capita 2021 - StatisticsTimes.com Explore Our DataBank. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. . The GDP per Capita in Namibia is equivalent to 35 percent of the world's average. Twenty-one economies have per capita income above Int. Namibia: GDP per capita, PPP * indicates monthly or quarterly data series Namibia GDP per capita, Purchasing Power Parity It is a low-income economy; using the purchasing power parity conversion (which allows for the low price of many basic commodities in Ghana) GDP per head was US$1,900 in 1999. GDP, PPP (constant 2017 international $) GDP (current LCU) GDP, PPP (current international $) GDP per capita growth (annual %) Download. South Africa is 17% cheaper than Namibia. Gdp as a share of gdp in ppp terms reached 49.1% in 2025 in Namibia, according to the National Statistical Office. and an all time low of 30.6% in 2002. GDP is the sum of gross value added by all resident producers in the country plus any product . Namibia's Wealth Per Capita | 2021 | GDP Per Capita | Economic Data The Trading Economics Application Programming Interface (API) provides direct access to our data. As of 2021, Egypt was considered the most powerful African country by its conventional fighting capacity, achieving a score of 0.22. Namibia GDP per capita PPP 2022 Data - 2023 Forecast - TRADING ECONOMICS One Federal Reserve Bank Plaza, In practice, they are usually computed among large numbers of countries and expressed in terms of a single currency, with the U.S. dollar (US$) most commonly used as the base or numeraire currency. Data for each indicator is indexed on a scale of 0-100 where 100 = 'As good as it gets'. The GDP per Capita, in Botswana, when adjusted by Purchasing Power Parity is equivalent to 87 percent of the world's average. To learn more about cookies, click here. CSV XML EXCEL. A purchasing power parity (PPP) between two countries, A and B, is the ratio of the number of units of country As currency needed to purchase in country A the same quantity of a specific good or service as one unit of country Bs currency will purchase in country B. PPPs can be expressed in the currency of either of the countries. Updated as of July 21, 2021, 8:38 AM MST. Namibia's Gross Domestic Product (GDP) NEW ESTIMATES FOR GROSS DOMESTIC PRODUCT IN PPP INT$ ADJUSTED FOR BASE YEAR AND INFORMAL ECONOMY The official estimate for Namibia's GDP was $24 billion at the end of 2022 in puchasing power partity terms. Namibia gdp for 2019 was $12.54B, a 8.33% decline from 2018. GDP (As % of GDP PPP) in Namibia | Helgi Library ). GDP per capita growth (annual %) - Namibia. Van-Rooyen owns more than a 20% stake in the company, which is dual-listed on the Namibia and Johannesburg Stock Exchange. In 2020, GDP per capita based on PPP for Namibia was 9,397 international dollars. It's a site that collects all the most frequently asked questions and answers, so you don't have to spend hours on searching anywhere else. GDP per capita (PPP based) is gross domestic product converted to international dollars using purchasing power parity rates and divided by total population.
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namibia gdp per capita ppp
