Net investment in nonfinancial assets in Namibia
Namibia: Net investment in nonfinancial assets was 1.6% in 2024. ◆ Volatile
Net investment in nonfinancial assets in Namibia, 1991–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Namibia recorded 1.6% for net investment in nonfinancial assets in 2024.
Compared with earlier readings it is up 2.1% on the previous year and down 84.6% over ten years.
Over the whole period, net investment in nonfinancial assets in Namibia peaked at 30.2% in 2012 and was at its lowest, -2.7%, in 2007.
Namibia ranks 114th of 156 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net investment in nonfinancial assets in Namibia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1991 | 3.9% | — |
| 1992 | 4.5% | +16.2% |
| 1999 | 3.9% | -13.8% |
| 2000 | 3.4% | -12.9% |
| 2001 | 3.4% | -0.7% |
| 2002 | 3.1% | -7.7% |
| 2003 | 3.1% | -1.1% |
| 2004 | 2.7% | -12.8% |
| 2005 | 2.7% | +0.3% |
| 2006 | 3.0% | +13.4% |
| 2007 | -2.7% | -189.1% |
| 2008 | -1.9% | -30.7% |
| 2009 | 21.6% | -1250.8% |
| 2010 | 6.4% | -70.4% |
| 2011 | 11.8% | +84.3% |
| 2012 | 30.2% | +156.3% |
| 2013 | 3.8% | -87.6% |
| 2014 | 10.7% | +183.5% |
| 2015 | 2.1% | -80.2% |
| 2016 | 4.0% | +91.1% |
| 2017 | 2.7% | -34.0% |
| 2018 | 2.6% | -2.2% |
| 2019 | 3.0% | +14.8% |
| 2020 | 2.9% | -4.1% |
| 2021 | 2.1% | -24.8% |
| 2022 | 2.3% | +7.0% |
| 2023 | 1.6% | -30.1% |
| 2024 | 1.6% | +2.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 4.1% | 3.9% | 4.5% | 3 |
| 2000s | 3.8% | -2.7% | 21.6% | 10 |
| 2010s | 7.7% | 2.1% | 30.2% | 10 |
| 2020s | 2.1% | 1.6% | 2.9% | 5 |
Countries ranked near Namibia
More public sector data for Namibia
- Arms imports 54.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 17.82 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -77.78 % change on previous year (2014)
- Arms imports (SIPRI trend indicator values), gaps filled 54.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 119.6 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0266 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 6.77 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 362.39 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 42.51 SIPRI trend indicator values per square kilometre (2017)
Frequently asked questions
- What is net investment in nonfinancial assets in Namibia?
- Net investment in nonfinancial assets in Namibia was 1.6% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net investment in nonfinancial assets recorded in Namibia?
- The highest recorded value was 30.2% in 2012.
- What is the lowest net investment in nonfinancial assets recorded in Namibia?
- The lowest recorded value was -2.7% in 2007.
- How does Namibia rank for net investment in nonfinancial assets?
- Namibia ranks 114th out of 156 countries with data for 2024.
- Is net investment in nonfinancial assets rising or falling in Namibia?
- Over the last ten years it is down 84.6%. 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 Net investment in nonfinancial assets (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net investment in government nonfinancial assets includes fixed assets, inventories, valuables, and nonproduced assets. Nonfinancial assets are stores of value and provide benefits either through their use in the production of goods and services or in the form of property income and holding gains. Net investment in nonfinancial assets also includes consumption of fixed capital. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.