Macro Index Overview / Sub-Saharan Africa / NAM
Namibia ยท Year 2023
Country:
Year:
Sovereign Economic Dossier ISO: NAM

Namibia

Fiscal year end: March 31; reporting period for national accounts data: CY.

Sub-Saharan Africa Lower middle income Blocs: Other Windhoek

Global Rank (2023)

#158 / 205

Top 77% of global economies

Composite Score (2023)

44.9 / 100

Living Standard (2023)

$3,973

Subscore: 46.73 / 100

CPI Inflation (2023)

5.88%

Stability Score: 85.6 / 100

4-Pillar Structural Health Diagnostic (2023)

Harmonized subscores evaluating Output, Productivity, Inflation Stability, and External Buffer

Benchmark Weights: 35 / 25 / 25 / 15
Living Standards (35%) 46.73

Raw: $3,973 (2015 USD)

Price Stability (25%) 85.6

Raw: 5.88% (Anchor: 3.0%)

External Solvency (25%) 0

Raw: -15.03% of GDP

Economic Scale (15%) 47.83

Raw: $12.5B Current USD

Optimal Component Weights & Peak Rank Frontier (2023)

Monetary Discipline & Price Anchor Focused

What we are doing here: We simulate an automated mathematical simplex across all 286 valid permutations of weights for the 4 pillars (summing to 100%) against every competing sovereign country in 2023. This discovers which weighting system maximizes Namibia's global competitive ranking by accentuating its comparative strengths.

Peak Rank #88 / 205
Default Rank #158
+70 Ranks
Living Standards 0%
Baseline: 35%
Price Stability 100%
Baseline: 25%
External Solvency 0%
Baseline: 25%
Economic Scale 0%
Baseline: 15%

Policy Insight & Strategic Advantage: Namibia benefits most from its anchored inflation regime near the 3.0% target band while competitors face price volatility.

Under this bespoke weighting, Namibia's composite score climbs to 85.6 (compared to 44.9 under standard multilateral weighting).

Longitudinal Trajectory & Peer Comparison Sandbox (1960โ€“2025)

Tracking Namibia's multi-decade trajectory overlaid with peer benchmark economies in Year 2023

Active Comparisons:
Namibia (NAM)
India (IND)
China (CHN)
United States (USA)
Germany (DEU)
Observation Year 2023 โ€ข Global Rank: #158 / 205 โ€ข Composite Score: 44.9 / 100 โ€ข Living Standard: $3,973 โ€ข Inflation: 5.88%
#1#50#100#150#20019601970198019902000201020202025#158
Hover or click any node along the curve to inspect that historical year in real time
Primary: Namibia Peers (Dashed)

Cross-Sectional Benchmark Standing in Year 2023

5 economies compared ยท Ordered by Global Rank
CountryRank (2023)Composite ScoreGDP per CapitaCPI InflationCurrent Account (% GDP)Nominal GDP ($)
Germany (DEU) #1681.1$44,3695.95%5.50%$4562.2B
United States (USA) #1780.0$65,6674.12%-3.34%$27811.5B
China (CHN) #3772.3$12,4840.23%1.41%$18270.4B
India (IND) #9359.5$2,2305.65%-0.91%$3500.9B
Namibia (NAM) Active#15844.9$3,9735.88%-15.03%$12.5B

Decade-by-Decade Historical Milestones (1970โ€“2023)

Visualizing seminal macroeconomic shifts, shocks, and structural transitions for Namibia

Metric:
Selected Era: 2023 ยท Click any node to select
1007550250โ€”19701970s46.319801980s46.019901990s50.020002000s55.620102010s62.920202020s44.92023Recent