NATIONAL PUBLIC DEBT Namibia 2023

Public debt in Namibia goes down

In 2023 Namibia public debt was 7,550 million euros8,166 million dollars, has decreased 798632 million since 2022.

This amount means that the debt in 2023 reached 66.15% of Namibia GDP, a 3.89 percentage point fall from 2022, when it was 70.04% of GDP.

If we check the tables we can see the evolution of Namibia debt. It has risen since 2013 in global debt terms, when it was 2,392 million euros 3,177 million dollars and also in terms of GDP percentage, when it amounted to 26.11%.

According to the last data point published, Namibia per capita debt in 2023 was 2,578 euros2,789 dollars per inhabitant. In 2022 it was 2,928 euros 3,086 dollars, afterwards dropping by 350 euros 297dollars, and if we again check 2013 we can see that then the debt per person was 1,076 euros1,429 dollars .

The position of Namibia, as compared with the rest of the world, has improved in 2023 in terms of GDP percentage. Currently it is country number 125 in the list of debt to GDP and 90 in debt per capita, out of the 191 we publish.

In this page we show you the progression of the public debt in Namibia. You can see debt in other countries in Public debt and see all the information about Namibia in economy of Namibia.

Namibia: Evolution of debt
DateDebt (M.€.)Debt ($M)Debt (%GDP)Debt Per CapitaDebt Per Capita
20237,5508,16666.15%€2,578$2,789
20228,3488,79870.04%€2,928$3,086
20217,2928,63069.60%€2,632$3,116
20205,9626,80564.30%€2,218$2,531
20196,4477,21857.57%€2,467$2,763
20185,6426,66648.74%€2,220$2,623
20175,0005,64743.83%€2,023$2,284
20164,4404,91345.83%€1,845$2,042
20154,3434,81942.09%€1,854$2,058
20142,5803,42827.57%€1,131$1,502
20132,3923,17726.11%€1,076$1,429
20122,4933,20624.63%€1,151$1,480
20112,4503,41027.45%€1,152$1,603
20101,3881,84216.33%€663$880
20091,0141,41315.85%€492$685
20081,1031,62219.10%€543$798
20071,2331,69019.36%€615$843
20061,6052,01526.14%€811$1,018
20051,5831,97026.90%€810$1,008
20041,5661,94729.18%€811$1,009
20031,1941,35027.15%€627$709
200279775322.19%€425$402
200197487224.39%€530$474
200089082220.86%€495$457
199978183321.80%€445$475
199875019.57%$438
199772817.72%$437
199674018.73%$456
199571017.99%$449
199458016.41%$375
199354217.17%$360
Namibia: Evolution of debt as a percentage of GDP

Namibia: Evolution of debt in millions