Namibia: General government deficit (% of GDP)

Name: Namibia: General government deficit (% of GDP)
Creator: Global Macro Database
License: https://www.globalmacrodata.com/license.html

Percent of GDP · 1990–2024 · 35 observations · forecasts to 2031 · gen_govdef_GDP

2024: −3.84%percent of GDP
Change on 2023: −0.7 pointsfrom −3.14%
Average, 2015–2024: −6.33%10 years
Record high and low: 6.01% (2007)low −9.30% (2016)

General government deficit (% of GDP)

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ForecastPercent of GDP

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Recent values

Percent of GDP

Year	Value
2031	-5.26	Forecast
2030	-5.13	Forecast
2029	-4.98	Forecast
2028	-5.03	Forecast
2027	-5.39	Forecast
2026	-6.08	Forecast
2025	-6.46	Forecast
2024	-3.84
2023	-3.14
2022	-6.33
2021	-8.68
2020	-8.07
2019	-5.49
2018	-5.09
2017	-4.99
2016	-9.30
2015	-8.30

Sources

IMF Fiscal Policy Panel1990–2023
IMF World Economic Outlook1990–2024
IMF Government Finance Statistics2016–2024
IMF WEO (forecast)2024–2031

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Namibia documentation (PDF)

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

GMD release 2026_09 · License & terms

General government deficit (% of GDP)

Recent values

Sources

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General government deficit (% of GDP) elsewhere