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Economy of Namibia vs Poland compared: GDP & Debt

Updated on by Georank

Namibia has a GDP of $15.1B compared to $1.04T for Poland, ranking 146/197 and 21/197 by economy size, respectively.

Namibia has $10.6B in government debt (70.2% of GDP), compared to $609B (58.8% of GDP) in Poland.

Namibia vs Poland GDP by year

Namibia
Poland
1x
Year GDP, current $
Namibia Poland
2025 $15,080,340,654 $1,035,491,784,197
2024 $13,641,190,683 $917,767,106,147
2023 $12,522,012,874 $812,451,193,396
2022 $12,569,449,123 $695,607,470,875
2021 $12,402,486,184 $689,170,230,665
2020 $10,583,748,542 $605,914,237,904
2019 $12,541,928,303 $602,683,770,145
2018 $13,682,019,076 $594,616,632,477
2017 $12,895,153,371 $528,356,723,263
2016 $10,722,018,732 $473,259,623,976
2015 $11,335,161,084 $480,054,118,583
2014 $12,435,430,970 $542,134,167,179
2013 $12,043,307,277 $518,179,836,405
2012 $13,042,053,592 $498,148,649,703
2011 $12,523,359,441 $527,848,543,023
2010 $11,431,412,421 $478,111,630,684
2009 $8,938,847,189 $440,891,472,247
2008 $8,607,431,497 $535,612,030,672
2007 $8,839,536,476 $429,715,132,138
2006 $8,001,779,551 $345,897,630,736
2005 $7,248,374,838 $306,999,913,151
2004 $6,609,205,995 $256,268,656,145
2003 $4,926,439,384 $218,561,225,998
2002 $3,349,169,826 $199,694,463,256
2001 $3,557,341,215 $191,823,200,371
2000 $3,922,232,165 $172,953,527,033
1999 $3,868,551,730 $170,704,452,715
1998 $3,873,109,866 $175,282,269,667
1997 $4,154,989,950 $159,893,964,917
1996 $3,989,163,197 $160,813,026,223
1995 $3,978,514,206 $142,838,527,115
1994 $3,666,503,530 $110,803,635,288
1993 $3,251,188,833 $96,043,157,273
1992 $3,429,521,699 $94,337,050,693
1991 $2,996,869,281 $85,500,935,935
1990 $2,789,921,854 $65,977,748,211
1989 $2,535,135,798 -
1988 $2,495,094,746 -
1987 $2,300,068,217 -
1986 $1,809,048,527 -
1985 $1,608,237,350 -
1984 $1,951,260,038 -
1983 $2,297,400,688 -
1982 $2,118,710,248 -
1981 $2,249,908,578 -
1980 $2,421,990,338 -

Data sources: World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08).

GeoRank.org/economy/namibia/poland | CC BY

GDP per capita in Namibia vs Poland by year

Namibia
GDP per capita

GDP per capita, PPP
Poland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Namibia Poland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $4,876 - $28,420 -
2024 $4,502 $11,687 $25,104 $51,263
2023 $4,226 $11,251 $22,145 $48,473
2022 $4,350 $10,663 $18,891 $46,778
2021 $4,413 $9,709 $18,636 $41,060
2020 $3,879 $9,354 $16,151 $37,089
2019 $4,732 $9,609 $15,875 $35,882
2018 $5,309 $9,854 $15,658 $32,345
2017 $5,144 $9,888 $13,913 $30,170
2016 $4,396 $10,200 $12,464 $28,360
2015 $4,774 $10,466 $12,638 $26,988
2014 $5,378 $10,365 $14,262 $25,460
2013 $5,347 $9,699 $13,622 $24,434
2012 $5,943 $9,364 $13,087 $23,728
2011 $5,835 $9,002 $13,868 $22,809
2010 $5,418 $8,538 $12,568 $20,991
2009 $4,303 $8,079 $11,556 $19,300
2008 $4,205 $8,125 $14,049 $18,372
2007 $4,379 $7,875 $11,273 $16,833
2006 $4,017 $7,374 $9,069 $15,205
2005 $3,686 $6,767 $8,044 $13,936
2004 $3,403 $6,480 $6,712 $13,413
2003 $2,569 $5,693 $5,721 $12,329
2002 $1,772 $5,433 $5,223 $11,841
2001 $1,916 $5,196 $5,015 $11,175
2000 $2,157 $5,129 $4,521 $10,721
1999 $2,178 $4,961 $4,416 $10,081
1998 $2,235 $4,852 $4,534 $9,521
1997 $2,460 $4,764 $4,137 $8,967
1996 $2,423 $4,612 $4,164 $8,310
1995 $2,483 $4,509 $3,701 $7,715
1994 $2,356 $4,376 $2,875 $7,040
1993 $2,155 $4,345 $2,497 $6,560
1992 $2,347 $4,452 $2,459 $6,193
1991 $2,117 $4,192 $2,236 $5,925
1990 $2,037 $3,875 $1,731 $6,185
1989 $1,967 - - -
1988 $2,063 - - -
1987 $1,969 - - -
1986 $1,599 - - -
1985 $1,466 - - -
1984 $1,830 - - -
1983 $2,214 - - -
1982 $2,097 - - -
1981 $2,267 - - -
1980 $2,468 - - -

Data sources: World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08).

GeoRank.org/economy/namibia/poland | CC BY

Namibia's GDP per capita is $4,876, ranking 125/197, compared to $28,420 in Poland, ranking 47/197. Adjusted for purchasing power (GDP per capita PPP), Namibia ranks 128th at $11,687, while Poland ranks 43rd at $51,263.

Economic indicators

Namibia Poland
Gross domestic product
$15.1B
2025
$1.04T
2025
GDP rank
146/197
2025
21/197
2025
GDP growth
1.73%
2024-2025
3.57%
2024-2025
GDP per capita
$4,876
2025
$28,420
2025
GDP per capita rank
125/197
2025
47/197
2025
GDP per capita, PPP
$11,687
2024
$51,263
2024
GDP per capita PPP rank
128/197
2024
43/197
2024
Government debt
$10.6B
2025
$609B
2025
Debt-to-GDP ratio
70.2%
2025
58.8%
2025
Government debt per person
$3,425
2025
$16,712
2025
Government debt per person rank
97/185
2025
39/185
2025
Average annual personal income after taxes
$3,433
2026
$20,616
2026
Market capitalization of domestic companies
$2.48B
2024
$316B
2025
Number of millionaires n/a
101,000
2026
Number of billionaires n/a
10
2026
Income share by richest 10%
47.2%
2015
22.9%
2023
Income share by poorest 10%
1%
2015
3.3%
2023
Government expenditure, % of GDP
39.4%
2025
50%
2025
Consumer prices inflation
3.5%
2024-2025
3.81%
2024-2025
Central bank interest rate
6.5%
2025
3.75%
2026
Unemployment rate
19.9%
2018
3.02%
2025
Population
3185686
36007074

Spending and national debt comparison by year

Namibia
Spending

Debt
Poland
Spending

Debt
1x
Year % of GDP
Namibia Poland
Government spending Government debt Government spending Government debt
2025 39.4% 70.2% 50% 58.8%
2024 39.6% 69.8% 49.4% 55.1%
2023 37% 67.9% 46.9% 49.5%
2022 36.6% 70.1% 43.2% 48.8%
2021 39.3% 69.6% 43.6% 53%
2020 41.5% 64.3% 47.7% 56.6%
2019 37.4% 57.6% 41.4% 45.2%
2018 36.3% 48.7% 41% 48.2%
2017 38.1% 43.8% 41.1% 50.4%
2016 41.8% 45.8% 41.1% 54.1%
2015 43.7% 42.1% 41.5% 51.1%
2014 41.8% 27.6% 42.7% 51.1%
2013 38.3% 26.1% 43.2% 56.9%
2012 35% 24.6% 43.2% 54.5%
2011 38.5% 27.4% 44.1% 54.8%
2010 33.5% 16.3% 46% 53.7%
2009 32% 15.9% 44.9% 49.7%
2008 28.4% 19.1% 44% 46.6%
2007 26.1% 19.4% 42.8% 44.4%
2006 27.4% 26.1% 44.3% 47.1%
2005 27.7% 26.9% 44.1% 46.5%
2004 28.4% 29.2% 43.4% 45%
2003 31.1% 27.1% 45.3% 46.2%
2002 29.8% 22.2% 44.9% 41.4%
2001 30.7% 24.4% 44.6% 37%
2000 30.1% 20.9% 42.9% 36.3%
1999 31.8% 21.8% 42.4% 39.2%
1998 31.3% 19.6% 43.9% 38.6%
1997 30.9% 17.7% 46% 42.6%
1996 30.4% 18.7% 50.6% 43%
1995 29.6% 18% 47.3% 48.6%
1994 28.7% 16.4% - 64.3%
1993 32.4% 17.2% - 83.9%
1992 32.8% 14.1% - 81.9%
1991 33% 11.8% - 76.9%
1990 30.2% 12.9% - 89.7%
1989 - - - -
1988 - - - -
1987 - - - -
1986 - - - -
1985 - - - -
1984 - - - -
1983 - - - -
1982 - - - -
1981 - - - -
1980 - - - -
1979 - - 35.6% -
1978 - - 35.8% -
1977 - - 35.6% -
1976 - - 34.8% -
1975 - - 34.1% -
1974 - - 28.6% -
1973 - - 24.5% -
1972 - - 24.1% -
1971 - - 24.1% -
1970 - - 25.8% -
1969 - - 26.3% -
1968 - - 27.3% -
1967 - - 29.6% -
1966 - - 31.7% -
1965 - - 31.8% -
1964 - - 33.5% -
1963 - - 33.3% -
1962 - - 43% -
1961 - - 42.8% -
1960 - - 39.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-07-08).

GeoRank.org/economy/namibia/poland | CC BY

In 2025, Namibia's government spending was $5.94B, accounting for 39.4% of its GDP, while Poland spent $517B, or 50% of GDP.

Debt-to-GDP ratio is 70.2% in Namibia and 58.8% in Poland, ranking 57/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Namibia

Poland
1x
Year Deficit/surplus, % of GDP
Namibia Poland
2025 -6.46% -7.01%
2024 -3.84% -6.48%
2023 -3.14% -5.2%
2022 -6.33% -3.37%
2021 -8.68% -1.68%
2020 -8.07% -6.85%
2019 -5.49% -0.73%
2018 -5.09% -0.24%
2017 -4.99% -1.49%
2016 -9.3% -2.38%
2015 -8.3% -2.59%
2014 -6.44% -3.66%
2013 -4.69% -4.25%
2012 -3.1% -3.8%
2011 -7.09% -4.97%
2010 -4.98% -7.43%
2009 -0.4% -7.24%
2008 3.48% -3.6%
2007 6.01% -1.88%
2006 3.41% -3.53%
2005 -0.31% -3.93%
2004 -2.67% -5%
2003 -4.47% -6%
2002 -1.38% -4.79%
2001 -2.01% -4.71%
2000 -0.79% -3.98%
1999 -1.88% -2.29%
1998 -2.76% -4.24%
1997 -2.38% -4.59%
1996 -3.7% -4.82%
1995 -1.74% -4.38%
1994 -0.57% -
1993 -2.73% -
1992 -2.55% -
1991 -1.59% -
1990 1.08% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/namibia/poland | CC BY

In 2025, Namibia's government deficit, the difference between spending and revenue, was $974M, equivalent to 6.46% of GDP. This compares to Poland's deficit of $72.6B, or 7.01% of GDP.

Over the past 31 years, Namibia recorded a fiscal deficit in 28 of those years, while Poland ran a deficit in 31 years. On average, Namibia posted an annual deficit equal to 3.47% of GDP, compared to deficit of 4.1% of GDP for Poland.

Inflation comparison by year

Inflation
Namibia

Poland
1x
Year Consumer prices inflation
Namibia Poland
2025 3.5% 3.81%
2024 4.2% 3.79%
2023 5.9% 11.5%
2022 6.1% 14.4%
2021 3.6% 5.06%
2020 2.2% 3.37%
2019 3.7% 2.23%
2018 4.3% 1.81%
2017 6.1% 2.08%
2016 6.7% -0.66%
2015 3.4% -0.87%
2014 5.3% 0.05%
2013 5.6% 0.99%
2012 6.7% 3.56%
2011 5% 4.24%
2010 4.9% 2.58%
2009 9.5% 3.8%
2008 9.1% 4.16%
2007 6.5% 2.46%
2006 5% 1.28%
2005 2.3% 2.18%
2004 4.1% 3.38%
2003 7.2% 0.68%
2002 12.7% 1.91%
2001 10.2% 5.41%
2000 10.2% 9.9%
1999 9.4% 7.15%
1998 6.6% 11.6%
1997 9.7% 14.9%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

GeoRank.org/economy/namibia/poland | CC BY

Over the past 29 years, Namibia has recorded an average annual inflation rate of 6.2%, compared with 4.37% in Poland. In 2025, inflation was 3.5% in Namibia and 3.81% in Poland.

Top exports between countries

Namibia
Export category Export value
Raw materials & minerals $9M
Wood & paper products $5.49M
Raw agricultural goods $815K
Animal & marine products $294K
Machinery & equipment $173K
Precious metals & jewellery $33K
Textiles & consumer goods $10K
Miscellaneous $3K
Processed food, beverages & tobacco $3K
Weapons & explosives $2K
Poland
Export category Export value
Animal & marine products $6.99M
Raw agricultural goods $5.82M
Machinery & equipment $2.68M
Precious metals & jewellery $1.19M
Miscellaneous $1.04M
Processed food, beverages & tobacco $982K
Wood & paper products $850K
Metals $315K
Textiles & consumer goods $293K
Chemicals & pharma $166K

Balance of trade

Namibia Poland
Current account balance
-$1.83B
2024
-$9.05B
2025
Current account balance ranking
138/190
2024
172/190
2025
Current account balance, % of GDP
-13.4%
2024
-0.87%
2025
Goods imports
$6.77B
2024
$406B
2025
Goods exports
$4.67B
2024
$390B
2025
Service imports
$2.47B
2024
$86.5B
2025
Service exports
$1.29B
2024
$131B
2025
Imports of goods and services, % of GDP
63.9%
2025
47.1%
2025
Exports of goods and services, % of GDP
44.7%
2025
50%
2025

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Namibia Poland
Economic freedom 60.2 68.5
Economic freedom ranking 95/197 46/197
Property rights 63.1 71.8
Government integrity 51.5 60.7
Judicial effectiveness 67.2 62.5
Tax burden 66.4 72.7
Government spending 57.1 35.1
Fiscal health 60.5 74.8
Business freedom 58 77.5
Labor freedom 62.7 53.7
Monetary freedom 76.1 73.8
Trade freedom 69.8 79.4
Investment freedom 50 80
Financial freedom 40 80

Economic freedom comparison by year

Namibia
Poland
1x
Year Economic freedom index
Namibia Poland
2026 60.2 68.5
2025 58.7 67.1
2024 57.5 66
2023 57.7 67.7
2022 59.2 68.7
2021 62.6 69.7
2020 60.9 69.1
2019 58.7 67.8
2018 58.5 68.5
2017 62.5 68.3
2016 61.9 69.3
2015 59.6 68.6
2014 59.4 67
2013 60.3 66
2012 61.9 64.2
2011 62.7 64.1
2010 62.2 63.2
2009 62.4 60.3
2008 61.4 60.3
2007 63.5 58.1
2006 60.7 59.3
2005 61.4 59.6
2004 62.4 58.7
2003 67.3 61.8
2002 65.1 65
2001 64.8 61.8
2000 66.7 60
1999 66.1 59.6
1998 66.1 59.2
1997 61.6 56.8
1996 - 57.8
1995 - 50.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

GeoRank.org/economy/namibia/poland | CC BY

The Economic Freedom Index for Namibia is 60.2, ranking 95/197, compared to 68.5 for Poland, ranking 46/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Namibia Poland
Services, % of GDP
55%
2025
59.7%
2025
Industry, % of GDP
28.9%
2025
25.8%
2025
Agriculture, forestry, and fishing, % of GDP
6.99%
2025
2.45%
2025
GNI, Atlas method
$13.4B
2025
$930B
2025
GNI per capita, PPP
$11,260
2025
$52,290
2025
Total reserves including gold
$3.1B
2025
$272B
2025
Total reserves ranking
119/177
2025
16/177
2025
Net foreign direct investment
-$1.89B
2024
-$11.7B
2025
Net inflows of foreign direct investment
$1.93B
2024
$20.6B
2024
Net outflows of foreign direct investment
$44.4M
2024
$10B
2024
Poverty at national poverty lines
17.4%
2015
13.3%
2024
Gross capital formation, % of GDP
18.7%
2025
17.9%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

GeoRank.org/economy/namibia/poland | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1980–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1960–1994, retrieved 2026-07-08)
  6. TradeMap (2020–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.