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Namibia vs the Netherlands: Economic Indicators Comparison

The Netherlands with a GDP of $913.7B ranked the 17th largest economy in the world, while Namibia ranked 127th with $14.5B. By GDP 5-years average growth and GDP per capita, the Netherlands and Namibia ranked 121st vs 117th and 15th vs 102nd, respectively.

Gross Domestic Product & Income

StatNamibiaNetherlands
GDP$14.5B$913.7B
GDP growth, 1 year-0.1%2.5%
GDP growth, 5-years average2.4%2.2%
Population2.3M17.2M
GDP per capita$5.9k$53k
GDP per capita growth-2.4%2%
Purchasing Power Parity conversion factor7.070.8
Price level ratio of PPP conversion factor GDP to market exchange rate0.530.94
GDP per capita, PPP adjusted$11k$56k
GNI, Atlas method$12.8B$883.2B
GNI per capita$5.2k$51k
GNI, PPP adjusted$26.6B$980.2B
GNI per capita, PPP adjusted$11k$57k

Financial system and Human development

StatNamibiaNetherlands
Income Tax Rate37%52%
Corporate Tax Rate34%25%
Inflation, consumer prices4.3%1.6%
Inflation, GDP deflator7%2.2%
Unemployment23.1%3.9%
Economic Freedom Index60.977
Personal Freedom Index7.159.23
Human Freedom Index6.978.49
Property Rights Index58.990
Judical Effectiveness Index58.573.9
Business Freedom Index65.680.4
Fiscal Health Index28.794.1
Labor Freedom Index84.960.2
Investment Freedom Index6590
Financial Freedom Index4080
Trade Freedom Index83.286.4
Monetary Freedom Index75.982.5
Government Spending Index58.145.2
Tax Burden Index65.751.7
Government Integrity Index4690.1
Corruption Perceptions Index5382
Life expectancy at birth, years6381.6
Suicide mortality rate, per 100,000 people8.712.6
Mortality caused by road traffic injury, per 100,000 people30.43.8
Intentional homicides, per 100,000 people17.10.8
International tourism, number of arrivals1.5M18.8M

Government debt & reserves

StatNamibiaNetherlands
Central government debt, % of GDP47.1%54.4%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI4.5%18.4%
Gross savings, % of GDP14%31.9%
Gross capital formation, % of GDP12.6%20.7%
Total reserves including gold$2.1B$38.4B
Foreign direct investment net inflows$199.6M-$239.3B

Exports, imports and economic structure

StatNamibiaNetherlands
Exports of goods and services, % of GDP38.7%84.3%
Imports of goods and services, % of GDP44.9%73.3%
Current account balance (balance of payments)-$354.5M$99.1B
Revenue excluding grants, % of GDP31.6%39.1%
Grants excluding technical cooperation, BoP$127.9MN/A
Personal remittances received$53.7M$2.5B
Industry including construction value added, % of GDP29.3%17.9%
Agriculture, forestry and fishing value added, % of GDP7.2%1.6%
Charges for the use of intellectual property, payments BoP$1.3M$41.9B
Charges for the use of intellectual property, receipts BoP$1.4M$35B
Expense, % of GDP31.1%37.8%
Government Expenditure, % of GDP37.4%42.7%

Compare with countries close by GDP per capita

Namibia vs

CountryGDP
per capita
Population
Dominica
$7.7k
72k
Saint Vincent
$7.4k
109k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
5.66M
Turkmenistan
$7k
5.13M
Peru
$6.9k
30.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
15.7M
Belarus
$6.3k
9.49M
Fiji
$6.3k
881k
Suriname
$6.2k
539k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Iraq
$5.8k
33.4M
Paraguay
$5.8k
6.8M
Iran
$5.6k
77.4M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
800k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
15.5M
Tonga
$4.4k
105k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
190k
Eswatini
$4.1k
1.37M

Netherlands vs

CountryGDP
per capita
Population
Liechtenstein
$165k
37.9k
Luxembourg
$117k
614k
Switzerland
$83k
8.21M
Norway
$82k
5.33M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.17M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
23.4M
Sweden
$55k
10.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
31.6k
Germany
$48k
83M
Belgium
$48k
11.2M
Canada
$46k
35.7M
United Arab Emirates
$43k
9.35M
United Kingdom
$43k
65.1M
Andorra
$42k
76.2k
New Zealand
$42k
4.89M
Israel
$42k
8.89M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.6M
Kuwait
$34k
4.66M
Bahamas
$32k
377k
Brunei
$32k
418k