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Economy of Namibia vs Romania compared: GDP & Debt

Updated on by Georank

Namibia has a GDP of $15.1B compared to $429B for Romania, ranking 146/197 and 39/197 by economy size, respectively.

Namibia has $10.6B in government debt (70.2% of GDP), compared to $260B (60.6% of GDP) in Romania.

Namibia vs Romania GDP by year

Namibia
Romania
1x
Year GDP, current $
Namibia Romania
2025 $15,080,340,654 $428,677,977,855
2024 $13,641,190,683 $382,564,217,989
2023 $12,522,012,874 $347,757,995,759
2022 $12,569,449,123 $295,317,862,856
2021 $12,402,486,184 $285,072,444,957
2020 $10,583,748,542 $250,624,575,872
2019 $12,541,928,303 $250,080,428,512
2018 $13,682,019,076 $241,791,427,224
2017 $12,895,153,371 $210,147,385,855
2016 $10,722,018,732 $185,290,759,249
2015 $11,335,161,084 $177,885,131,240
2014 $12,435,430,970 $199,722,319,676
2013 $12,043,307,277 $189,798,603,751
2012 $13,042,053,592 $179,117,323,107
2011 $12,523,359,441 $192,623,977,894
2010 $11,431,412,421 $170,064,350,672
2009 $8,938,847,189 $174,110,532,659
2008 $8,607,431,497 $214,315,932,061
2007 $8,839,536,476 $174,588,782,939
2006 $8,001,779,551 $122,023,735,993
2005 $7,248,374,838 $98,454,380,120
2004 $6,609,205,995 $74,973,656,852
2003 $4,926,439,384 $57,806,384,143
2002 $3,349,169,826 $46,065,502,703
2001 $3,557,341,215 $40,395,116,581
2000 $3,922,232,165 $37,253,739,511
1999 $3,868,551,730 $35,953,156,754
1998 $3,873,109,866 $41,696,091,974
1997 $4,154,989,950 $35,575,214,078
1996 $3,989,163,197 $36,937,074,278
1995 $3,978,514,206 $37,430,162,103
1994 $3,666,503,530 $30,072,805,104
1993 $3,251,188,833 $26,361,160,450
1992 $3,429,521,699 $25,121,666,667
1991 $2,996,869,281 $28,850,634,900
1990 $2,789,921,854 $38,247,882,300
1989 $2,535,135,798 $41,450,777,202
1988 $2,495,094,746 $40,424,528,302
1987 $2,300,068,217 $38,067,567,568
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/romania | CC BY

GDP per capita in Namibia vs Romania by year

Namibia
GDP per capita

GDP per capita, PPP
Romania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Namibia Romania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $4,876 - $22,538 -
2024 $4,502 $11,687 $20,080 $49,077
2023 $4,226 $11,251 $18,244 $45,982
2022 $4,350 $10,663 $15,503 $41,979
2021 $4,413 $9,709 $14,908 $37,534
2020 $3,879 $9,354 $13,009 $34,194
2019 $4,732 $9,609 $12,910 $33,425
2018 $5,309 $9,854 $12,416 $29,383
2017 $5,144 $9,888 $10,728 $26,943
2016 $4,396 $10,200 $9,405 $23,905
2015 $4,774 $10,466 $8,977 $21,625
2014 $5,378 $10,365 $10,032 $20,633
2013 $5,347 $9,699 $9,498 $19,678
2012 $5,943 $9,364 $8,930 $19,808
2011 $5,835 $9,002 $9,561 $18,804
2010 $5,418 $8,538 $8,400 $17,355
2009 $4,303 $8,079 $8,548 $16,641
2008 $4,205 $8,125 $10,435 $16,782
2007 $4,379 $7,875 $8,360 $13,703
2006 $4,017 $7,374 $5,758 $11,554
2005 $3,686 $6,767 $4,618 $9,602
2004 $3,403 $6,480 $3,495 $8,989
2003 $2,569 $5,693 $2,679 $7,559
2002 $1,772 $5,433 $2,120 $7,162
2001 $1,916 $5,196 $1,825 $6,520
2000 $2,157 $5,129 $1,660 $5,850
1999 $2,178 $4,961 $1,600 $5,596
1998 $2,235 $4,852 $1,853 $5,545
1997 $2,460 $4,764 $1,577 $5,564
1996 $2,423 $4,612 $1,633 $5,746
1995 $2,483 $4,509 $1,650 $5,429
1994 $2,356 $4,376 $1,323 $4,995
1993 $2,155 $4,345 $1,158 $4,699
1992 $2,347 $4,452 $1,102 $4,515
1991 $2,117 $4,192 $1,254 $4,795
1990 $2,037 $3,875 $1,648 $5,280
1989 $1,967 - $1,790 -
1988 $2,063 - $1,753 -
1987 $1,969 - $1,659 -
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/romania | CC BY

Namibia's GDP per capita is $4,876, ranking 125/197, compared to $22,538 in Romania, ranking 57/197. Adjusted for purchasing power (GDP per capita PPP), Namibia ranks 128th at $11,687, while Romania ranks 47th at $49,077.

Economic indicators

Namibia Romania
Gross domestic product
$15.1B
2025
$429B
2025
GDP rank
146/197
2025
39/197
2025
GDP growth
1.73%
2024-2025
0.68%
2024-2025
GDP per capita
$4,876
2025
$22,538
2025
GDP per capita rank
125/197
2025
57/197
2025
GDP per capita, PPP
$11,687
2024
$49,077
2024
GDP per capita PPP rank
128/197
2024
47/197
2024
Government debt
$10.6B
2025
$260B
2025
Debt-to-GDP ratio
70.2%
2025
60.6%
2025
Government debt per person
$3,425
2025
$13,650
2025
Government debt per person rank
97/185
2025
48/185
2025
Average annual personal income after taxes
$3,433
2026
$13,510
2026
Market capitalization of domestic companies
$2.48B
2024
$70.9B
2025
Number of billionaires n/a
6
2026
Income share by richest 10%
47.2%
2015
21.8%
2023
Income share by poorest 10%
1%
2015
2.4%
2023
Government expenditure, % of GDP
39.4%
2025
40.5%
2025
Consumer prices inflation
3.5%
2024-2025
7.3%
2024-2025
Central bank interest rate
6.5%
2025
6.5%
2024
Unemployment rate
19.9%
2018
6.1%
2025
Population
3185686
18912567

Spending and national debt comparison by year

Namibia
Spending

Debt
Romania
Spending

Debt
1x
Year % of GDP
Namibia Romania
Government spending Government debt Government spending Government debt
2025 39.4% 70.2% 40.5% 60.6%
2024 39.6% 69.8% 40% 57.5%
2023 37% 67.9% 37% 52.6%
2022 36.6% 70.1% 37.5% 51.9%
2021 39.3% 69.6% 37.2% 51.8%
2020 41.5% 64.3% 38.3% 49.5%
2019 37.4% 57.6% 33.4% 36.8%
2018 36.3% 48.7% 31.9% 36.4%
2017 38.1% 43.8% 31% 37.1%
2016 41.8% 45.8% 31.8% 39.5%
2015 43.7% 42.1% 34.2% 39.4%
2014 41.8% 27.6% 33.8% 40.5%
2013 38.3% 26.1% 34.2% 39.3%
2012 35% 24.6% 33.5% 36.2%
2011 38.5% 27.4% 35% 32.6%
2010 33.5% 16.3% 37.4% 30.2%
2009 32% 15.9% 36.3% 22.5%
2008 28.4% 19.1% 35.3% 13%
2007 26.1% 19.4% 34.6% 12.4%
2006 27.4% 26.1% 33.9% 12.7%
2005 27.7% 26.9% 32.3% 17.8%
2004 28.4% 29.2% 33.7% 21.3%
2003 31.1% 27.1% 31.8% 24.9%
2002 29.8% 22.2% 32.1% 27.4%
2001 30.7% 24.4% 33.2% 27.4%
2000 30.1% 20.9% 35% 29.6%
1999 31.8% 21.8% 35.1% 21.7%
1998 31.3% 19.6% 34.7% 16.5%
1997 30.9% 17.7% 33.5% 15%
1996 30.4% 18.7% 33.5% 11%
1995 29.6% 18% 34.4% 6.91%
1994 28.7% 16.4% 33.1% -
1993 32.4% 17.2% 33.5% -
1992 32.8% 14.1% 41.5% -
1991 33% 11.8% 38.3% -
1990 30.2% 12.9% 38.4% -
1989 - - 40.1% -
1988 - - 36.6% -
1987 - - 40.7% -
1986 - - 42.5% -
1985 - - 41.6% -
1984 - - 28.6% -
1983 - - 25.8% -
1982 - - 28.5% -
1981 - - 30.4% -
1980 - - 33.6% -
1979 - - 42% -
1978 - - 42.1% -
1977 - - 39.9% -
1976 - - 37.5% -
1975 - - 40.6% -
1974 - - 37.6% -
1973 - - 32.6% -
1972 - - 29.9% -
1971 - - 27.2% -
1970 - - 28.1% -
1969 - - 32.1% -
1968 - - 31.8% -
1967 - - 30.6% -
1966 - - 27.3% -
1965 - - 25.6% -
1964 - - 25.1% -
1963 - - 23.1% -
1962 - - 43.4% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1999, retrieved 2026-07-08).

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

In 2025, Namibia's government spending was $5.94B, accounting for 39.4% of its GDP, while Romania spent $173B, or 40.5% of GDP.

Debt-to-GDP ratio is 70.2% in Namibia and 60.6% in Romania, ranking 57/185 and 76/185, respectively.

Government deficit by year

Deficit/surplus
Namibia

Romania
1x
Year Deficit/surplus, % of GDP
Namibia Romania
2025 -6.46% -7.64%
2024 -3.84% -8.68%
2023 -3.14% -5.66%
2022 -6.33% -5.85%
2021 -8.68% -6.74%
2020 -8.07% -9.6%
2019 -5.49% -4.58%
2018 -5.09% -2.76%
2017 -4.99% -2.86%
2016 -9.3% -2.5%
2015 -8.3% -1.35%
2014 -6.44% -1.76%
2013 -4.69% -2.44%
2012 -3.1% -2.39%
2011 -7.09% -4.14%
2010 -4.98% -6.22%
2009 -0.4% -6.86%
2008 3.48% -4.6%
2007 6.01% -3.05%
2006 3.41% -1.36%
2005 -0.31% -0.69%
2004 -2.67% -3.39%
2003 -4.47% -2.29%
2002 -1.38% -2.59%
2001 -2.01% -3.2%
2000 -0.79% -3.99%
1999 -1.88% -3.58%
1998 -2.76% -5.33%
1997 -2.38% -5.19%
1996 -3.7% -4.74%
1995 -1.74% -3.32%
1994 -0.57% -2.2%
1993 -2.73% -0.35%
1992 -2.55% -4.55%
1991 -1.59% 3.23%
1990 1.08% 1.03%
1989 - -2.87%
1988 - 8.4%
1987 - 2.37%
1986 - 5.72%
1985 - 6.36%
1984 - 15.2%
1983 - 9.35%
1982 - 0.36%
1981 - 0.61%
1980 - -1.95%
1979 - 0%
1978 - 0%
1977 - 0.23%
1976 - 0.66%
1975 - 0.41%
1974 - 0.51%
1973 - 1.53%
1972 - 1.21%
1971 - 0.89%
1970 - 0.52%
1969 - 0.93%
1968 - 1.65%
1967 - 1.23%
1966 - 0.91%
1965 - -1.29%
1964 - -3.11%
1963 - -1.61%
1962 - -4.86%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1962–1989, retrieved 2026-07-08).

GeoRank.org/economy/namibia/romania | 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 Romania's deficit of $32.8B, or 7.64% of GDP.

Over the past 36 years, Namibia recorded a fiscal deficit in 32 of those years, while Romania ran a deficit in 34 years. On average, Namibia posted an annual deficit equal to 3.17% of GDP, compared to deficit of 3.67% of GDP for Romania.

Inflation comparison by year

Inflation
Namibia

Romania
1x
Year Consumer prices inflation
Namibia Romania
2025 3.5% 7.3%
2024 4.2% 5.6%
2023 5.9% 10.4%
2022 6.1% 13.8%
2021 3.6% 5%
2020 2.2% 2.6%
2019 3.7% 3.8%
2018 4.3% 4.6%
2017 6.1% 1.3%
2016 6.7% -1.6%
2015 3.4% -0.6%
2014 5.3% 1.1%
2013 5.6% 4%
2012 6.7% 3.3%
2011 5% 5.8%
2010 4.9% 6.1%
2009 9.5% 5.6%
2008 9.1% 7.8%
2007 6.5% 4.8%
2006 5% 6.6%
2005 2.3% 9%
2004 4.1% 11.9%
2003 7.2% 15.4%
2002 12.7% 22.5%
2001 10.2% 34.5%
2000 10.2% 45.7%
1999 9.4% 45.8%
1998 6.6% 59.1%
1997 9.7% 154.8%

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

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

Over the past 29 years, Namibia has recorded an average annual inflation rate of 6.2%, compared with 17.1% in Romania. In 2025, inflation was 3.5% in Namibia and 7.3% in Romania.

Top exports between countries

Namibia
Export category Export value
Wood & paper products $405K
Precious metals & jewellery $178K
Animal & marine products $26K
Raw agricultural goods $25K
Textiles & consumer goods $9K
Machinery & equipment $6K
Metals $1K
Raw materials & minerals $1K
Romania
Export category Export value
Machinery & equipment $158M
Textiles & consumer goods $139K
Wood & paper products $45K
Miscellaneous $21K
Metals $8K
Chemicals & pharma $1K
Precious metals & jewellery $1K
Raw materials & minerals $1K

Balance of trade

Namibia Romania
Current account balance
-$1.83B
2024
-$33.9B
2025
Current account balance ranking
138/190
2024
186/190
2025
Current account balance, % of GDP
-13.4%
2024
-7.9%
2025
Goods imports
$6.77B
2024
$139B
2025
Goods exports
$4.67B
2024
$102B
2025
Service imports
$2.47B
2024
$35.9B
2025
Service exports
$1.29B
2024
$50.1B
2025
Imports of goods and services, % of GDP
63.9%
2025
40.7%
2025
Exports of goods and services, % of GDP
44.7%
2025
35.5%
2025

Economic freedom indices

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

Namibia Romania
Economic freedom 60.2 65.4
Economic freedom ranking 95/197 64/197
Property rights 63.1 81
Government integrity 51.5 50
Judicial effectiveness 67.2 67
Tax burden 66.4 89.1
Government spending 57.1 56.7
Fiscal health 60.5 21.4
Business freedom 58 74.4
Labor freedom 62.7 63.6
Monetary freedom 76.1 72.7
Trade freedom 69.8 79.4
Investment freedom 50 70
Financial freedom 40 60

Economic freedom comparison by year

Namibia
Romania
1x
Year Economic freedom index
Namibia Romania
2026 60.2 65.4
2025 58.7 66.5
2024 57.5 64.4
2023 57.7 64.5
2022 59.2 67.1
2021 62.6 69.5
2020 60.9 69.7
2019 58.7 68.6
2018 58.5 69.4
2017 62.5 69.7
2016 61.9 65.6
2015 59.6 66.6
2014 59.4 65.5
2013 60.3 65.1
2012 61.9 64.4
2011 62.7 64.7
2010 62.2 64.2
2009 62.4 63.2
2008 61.4 61.7
2007 63.5 61.2
2006 60.7 58.2
2005 61.4 52.1
2004 62.4 50
2003 67.3 50.6
2002 65.1 48.7
2001 64.8 50
2000 66.7 52.1
1999 66.1 50.1
1998 66.1 54.4
1997 61.6 50.8
1996 - 46.2
1995 - 42.9

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

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

The Economic Freedom Index for Namibia is 60.2, ranking 95/197, compared to 65.4 for Romania, ranking 64/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Namibia Romania
Services, % of GDP
55%
2025
61.7%
2025
Industry, % of GDP
28.9%
2025
25.3%
2025
Agriculture, forestry, and fishing, % of GDP
6.99%
2025
3%
2025
GNI, Atlas method
$13.4B
2025
$384B
2025
GNI per capita, PPP
$11,260
2025
$49,550
2025
Total reserves including gold
$3.1B
2025
$90.6B
2025
Total reserves ranking
119/177
2025
31/177
2025
Net foreign direct investment
-$1.89B
2024
-$8.57B
2025
Net inflows of foreign direct investment
$1.93B
2024
$7.16B
2024
Net outflows of foreign direct investment
$44.4M
2024
$1.99B
2024
Poverty at national poverty lines
17.4%
2015
19%
2023
Gross capital formation, % of GDP
18.7%
2025
25.9%
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/romania | CC BY

Compare countries by 7 more topics

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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. International Monetary Fund (IMF) | Public Finances in Modern History (1962–1999, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2022–2025, 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.