Economic Trivia

Mining accounts for more than half of foreign exchange earnings.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners (2016): South Africa, Botswana, and Switzerland
Top 3 Exported Goods (2016): Precious Stones & Metals, Ores, and Seafood

Top Industries Source: CIA World Factbook

Meatpacking; Fish Processing; Dairy Products; Pasta and Beverages

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $26,247,669,891 (2016)
GDP Growth Rate (annual %) 1.2% (2016)
GDP Per Capita, PPP (current international) $10,585 (2016)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 132/194 (2016)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 6.712% (2016)
External debt stocks, total (DOD, current US$) Data unavailable
Total tax rate (% of commercial profits) 20.7% (2017)
Real Interest Rate (5 year average %) 7.947% (2016)
Manufacturing, value added (% of GDP) 9.066% (2015)
Current Account Balance (BoP, current US$) ($1,528,695,550) (2015)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 965,207 (2017)
Employment in Agriculture (% of total employment) 31.4% (2013)
Employment in Industry (% of total employment) 14.43% (2013)
Employment in Services (% of total employment) 54.17% (2013)
Unemployment Rate 24.909% (2017)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $7,805,329,887 (2015)
Exports of goods and services (current US$) $5,069,789,081 (2015)
Total Merchandise Trade (% of GDP) 105.35% (2016)
FDI, net inflows (BoP, current US$) $301,386,979 (2016)
Commercial Service Exports (current US$) $911,825,812 (2015)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Namibia’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment


  1. The World Bank