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Country · NAM

Namibia · Finances and debt

Source: IMF, World Economic Outlook (October 2026) · copied on 2026-11-11

Public finances and external accounts

A fiscal deficit of 5.9 % of GDP

Namibia: in 2025, the general government spent 5.9 % of GDP more than it collected, public debt stood at 67.5 % of GDP, the current account showed a deficit of 13.1 % (IMF).

Fiscal balance · 2025
−5.9 %
of GDP · +2.2 pt since 2020
Public debt · 2025
67.5 %
of GDP · +3.2 pt since 2020
Current account · 2025
−13.1 %
of GDP · −17.0 pt since 2020

Fiscal balance, % of GDP

Negative: a deficit · dashed: estimates and projections

−10 % −8 % −5 % −3 % 0 % 2015 2020 2025 2030 Southern Africa −3.7 Namibia −4.7 −10 % −8 % −5 % −3 % 0 % 2015 2020 2025 2030
  • Namibia
  • Southern Africa

Source: IMF, World Economic Outlook (October 2026) · general government net lending or borrowing · group values weighted by GDP in dollars (Syli Atlas)

Current account, % of GDP

Trade, income and transfers with the rest of the world

−20 % −10 % 0 % 10 % 2015 2020 2025 2030 Namibia −10.1 −20 % −10 % 0 % 10 % 2015 2020 2025 2030

Source: IMF, World Economic Outlook (October 2026)

Currency

Namibian dollar

Namibia belongs to the Common Monetary Area: the Namibian dollar is at par with the South African rand, which also circulates in the country.

Currency
NAD
Namibian dollar
Exchange regime
Fixed
1 ZAR = 1 NAD
Inflation · 2025
3.5 %
average annual change in consumer prices

Currency codes: ISO 4217 · fixed parities: central banks (BCEAO, BEAC, Central Bank of the Comoros, Bank of Cape Verde…) · inflation: IMF, World Economic Outlook (October 2026)

Debt

The debt of Namibia

The World Bank publishes no external debt figures for Namibia.

Debt of the 54 countries →
Public debt · 2025
67.5 %
of GDP · IMF