Namibia vs Zambia: Economic Indicators Comparison

Zambia with a GDP of $26.7B ranked the 106th largest economy in the world, while Namibia ranked 127th with $14.5B. By GDP 5-years average growth and GDP per capita, Zambia and Namibia ranked 62nd vs 117th and 157th vs 102nd, respectively.

Gross Domestic Product & Income

StatNamibiaZambia
GDP$14.5B$26.7B
GDP growth, 1 year-0.1%3.5%
GDP growth, 5-years average2.4%3.6%
Population2.5M17.1M
GDP per capita$5.9k$1.5k
GDP per capita growth-2.4%0.82%
Purchasing Power Parity conversion factor7.073.81
Price level ratio of PPP conversion factor GDP to market exchange rate0.530.36
GDP per capita, PPP adjusted$11k$4.1k
GNI, Atlas method$12.8B$24.8B
GNI per capita$5.2k$1.4k
GNI, PPP adjusted$26.6B$71.2B
GNI per capita, PPP adjusted$11k$4.1k

Financial system and Human development

StatNamibiaZambia
Income Tax Rate37%35%
Corporate Tax Rate34%35%
Inflation, consumer prices4.3%7%
Inflation, GDP deflator7%9.3%
Unemployment23.1%7.2%
Economic Freedom Index60.953.5
Personal Freedom Index7.156.26
Human Freedom Index6.976.67
Property Rights Index58.945.2
Judical Effectiveness Index58.531.3
Business Freedom Index65.666.4
Fiscal Health Index28.718.4
Labor Freedom Index84.947
Investment Freedom Index6555
Financial Freedom Index4050
Trade Freedom Index83.272.6
Monetary Freedom Index75.972.2
Government Spending Index58.181.7
Tax Burden Index65.773.2
Government Integrity Index4628.4
Corruption Perceptions Index5335
Life expectancy at birth, years6363
Suicide mortality rate, per 100,000 people8.76.1
Mortality caused by road traffic injury, per 100,000 people30.424.7
Intentional homicides, per 100,000 people17.15.3
International tourism, number of arrivals1.5M1.1M

Government debt & reserves

StatNamibiaZambia
Central government debt, % of GDP47.1%72.4%
External debt stocks, % of GNIN/A73.7%
External debt stocksN/A$19.1B
Short-term debt, % of total reservesN/A42.5%
Total debt service, % of exports and primary incomeN/A14.6%
Adjusted net savings including particulate emission damage, % of GNI4.5%9.2%
Gross savings, % of GDP14%31.3%
Gross capital formation, % of GDP12.6%38.2%
Total reserves including gold$2.1B$1.6B
Foreign direct investment net inflows$199.6M$408.4M

Exports, imports and economic structure

StatNamibiaZambia
Exports of goods and services, % of GDP38.7%37.4%
Imports of goods and services, % of GDP44.9%38.2%
Current account balance (balance of payments)-$354.5M-$342.3M
Revenue excluding grants, % of GDP31.6%16.9%
Grants excluding technical cooperation, BoP$127.9M$806.4M
Personal remittances received$53.7M$107M
Industry including construction value added, % of GDP29.3%36.3%
Agriculture, forestry and fishing value added, % of GDP7.2%2.6%
Charges for the use of intellectual property, payments BoP$1.3M$35M
Charges for the use of intellectual property, receipts BoP$1.4MN/A
Expense, % of GDP31.1%20.8%
Government Expenditure, % of GDP37.4%24.7%

Compare with countries close by GDP per capita

Namibia vs

CountryGDP
per capita
Population
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M

Zambia vs

CountryGDP
per capita
Population
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
Solomon Islands
$2.1k
611k
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M
Cambodia
$1.5k
16M
Pakistan
$1.5k
197M
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M