Namibian macroeconomic indicators

GDP Growth

Quarterly

GDP growth percentage

YoY
4.80%

Jan 26: 1.73%

QoQ
0.30%

Jan 26: 2.00%

As at April 2026

Inflation Rate

Monthly

Consumer price inflation

MoM
0.40%

Aug 26: 0.60%

YoY
5.40%

Aug 26: 5.00%

As at September 2026

Repo Rate

Current

Central bank benchmark rate

Rate
6.75%
As at August 2026

Private Sector Credit Extension

Monthly

Credit growth to private sector

YoY
5.40%

Jul 26: 4.20%

As at August 2026

Credit Extension - Households

Monthly

Household credit growth

MoM
0.60%

Jul 26: 0.60%

YoY
4.90%

Jul 26: 4.60%

As at August 2026

Credit Extension - Businesses

Monthly

Business credit growth

MoM
2.90%

Jul 26: -1.50%

YoY
5.90%

Jul 26: 3.70%

As at August 2026

Broad Money Supply M2

Monthly

Money supply growth

MoM
1.30%

Jul 26: 1.70%

YoY
10.20%

Jul 26: 9.10%

As at August 2026

Trade Balance

Monthly

Exports minus imports

Value
-3.90 NAD bn

Jul 26: -5.90 NAD bn

As at August 2026

Vehicle Sales

Monthly

New vehicle registrations

Units
1,498 units

Aug 26: 1,380 units

As at October 2026

Business Confidence Index

Quarterly

Corporate outlook measure

Index
44.10
As at July 2026

Consumer Confidence Index

Quarterly

Household spending outlook

Index
55.90
As at July 2026

Government Debt to GDP

Annual

Public debt as % of GDP

Value
65.30%
As at January 2026

Sovereign Credit Rating

Current

International credit rating

Rating
BB- (Fitch) | B1 (Moodys)