Expense in Namibia
Namibia: Expense was 83.53 billion current LCU in 2023. ◆ Volatile
Expense in Namibia, 1991–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for expense in Namibia is 83.53 billion current LCU, measured in 2023. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 13.8% on the previous year and up 100.7% over ten years.
Over the whole period, expense in Namibia peaked at 83.53 billion current LCU in 2023 and was at its lowest, 2.49 billion current LCU, in 1991.
That places Namibia 101st out of 157 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.10 billion current LCU | 2.49 billion current LCU | 6.91 billion current LCU | 3 |
| 2000s | 12.53 billion current LCU | 7.65 billion current LCU | 20.60 billion current LCU | 10 |
| 2010s | 48.41 billion current LCU | 23.55 billion current LCU | 66.16 billion current LCU | 10 |
| 2020s | 74.03 billion current LCU | 68.92 billion current LCU | 83.53 billion current LCU | 4 |
Countries ranked near Namibia
More public sector data for Namibia
- Arms imports 54.00 million SIPRI trend indicator values (2024)
- Tax revenue 33.9% (2024)
- Taxes on income, profits and capital gains 36.8% (2024)
- Taxes on goods and services 25.4% (2024)
- Net investment in nonfinancial assets 1.6% (2024)
- Net lending (+) / net borrowing (-) -4.7% (2024)
- Interest payments 14.7% (2024)
- Grants and other revenue 4.1% (2024)
- Interest payments 14.1% (2023)
- Other taxes 0.4% (2024)
Frequently asked questions
- What is expense in Namibia?
- Expense in Namibia was 83.53 billion current LCU in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Namibia?
- The highest recorded value was 83.53 billion current LCU in 2023.
- What is the lowest expense recorded in Namibia?
- The lowest recorded value was 2.49 billion current LCU in 1991.
- How does Namibia rank for expense?
- Namibia ranks 101st out of 157 countries with data for 2023.
- Is expense rising or falling in Namibia?
- Over the last ten years it is up 100.7%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.