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Gross debt in Namibia

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. On the other hand not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Namibia in the period from 1998 to 2020 was between 732.6 million and 7.4 billion USD. The hightest level within the past 22 years was reached in 2019. However, the liabilities in 2020 have been only 7 billion USD

Based on the number of inhabitants, this is in Namibia a debt of 2,766 USD per person. For comparison: The average debt per person in the same year in the European Union was 30,780 USD.


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Gross debt of the last 22 years in billion USD




YearNamibia totalNamibia per capitaEU per capita
19980.89 bn USD515 USD12,387 USD
19990.94 bn USD533 USD12,342 USD
20000.81 bn USD449 USD9,877 USD
20010.85 bn USD469 USD9,894 USD
20020.73 bn USD396 USD10,773 USD
20031.32 bn USD701 USD13,433 USD
20041.91 bn USD1,000 USD15,459 USD
20051.93 bn USD997 USD16,095 USD
20061.98 bn USD1,003 USD16,570 USD
20071.69 bn USD844 USD18,334 USD
20081.62 bn USD793 USD21,119 USD
20091.41 bn USD676 USD22,222 USD
20101.84 bn USD868 USD26,496 USD
20113.44 bn USD1,594 USD29,231 USD
20123.21 bn USD1,463 USD28,064 USD
20133.14 bn USD1,408 USD29,836 USD
20143.43 bn USD1,508 USD30,512 USD
20154.77 bn USD2,061 USD25,813 USD
20164.91 bn USD2,084 USD26,165 USD
20175.65 bn USD2,352 USD26,931 USD
20186.90 bn USD2,817 USD28,362 USD
20197.40 bn USD2,965 USD27,095 USD
20207.03 bn USD2,766 USD30,780 USD


Comparison of the gross debt per capita with the European Union in Euro



      Namibia       European Union


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