Population, Total for Namibia
POPTOTNAA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,030,131.00
Year-over-Year Change
38.07%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population, Total for Namibia' trend measures the total population of Namibia, providing key demographic data for economic analysis and policymaking.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the total population of Namibia, including all residents regardless of legal status or citizenship. Population data is a crucial economic indicator used to understand market size, labor force, and development trends.
Methodology
The data is compiled by the World Bank from official national statistical offices and census bureaus.
Historical Context
Policymakers and analysts use Namibia's total population figures to inform economic and social programs.
Key Facts
- Namibia's total population was 2.54 million in 2021.
- The population grew by 1.82% annually from 2010 to 2020.
- Namibia has a young population, with a median age of 21.2 years.
FAQs
Q: What does this economic trend measure?
A: The 'Population, Total for Namibia' trend measures the total number of people residing in Namibia, regardless of citizenship or legal status.
Q: Why is this trend relevant for users or analysts?
A: Namibia's total population data is a crucial economic indicator used to understand market size, labor force, and development trends.
Q: How is this data collected or calculated?
A: The data is compiled by the World Bank from official national statistical offices and census bureaus.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use Namibia's total population figures to inform economic and social programs.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately one year.
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Citation
U.S. Federal Reserve, Population, Total for Namibia (POPTOTNAA647NWDB), retrieved from FRED.