Net lending (+) / net borrowing (-) in Namibia
Namibia: Net lending (+) / net borrowing (-) was -11.83 billion current LCU in 2024. ◆ Volatile
Net lending (+) / net borrowing (-) in Namibia, 1991–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Namibia recorded -11.83 billion current LCU for net lending (+) / net borrowing (-) in 2024.
Compared with earlier readings it is down 107.9% on the previous year and up 18.5% over ten years.
Over the whole period, net lending (+) / net borrowing (-) in Namibia peaked at 8.05 billion current LCU in 2007 and was at its lowest, -28.17 billion current LCU, in 2012.
That places Namibia 78th out of 156 countries with data for 2024, 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 | -386.37 million current LCU | -578.00 million current LCU | -176.40 million current LCU | 3 |
| 2000s | 47.76 million current LCU | -13.04 billion current LCU | 8.05 billion current LCU | 10 |
| 2010s | -12.02 billion current LCU | -28.17 billion current LCU | -3.68 billion current LCU | 10 |
| 2020s | -13.25 billion current LCU | -17.50 billion current LCU | -5.69 billion current LCU | 5 |
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 net lending (+) / net borrowing (-) in Namibia?
- Net lending (+) / net borrowing (-) in Namibia was -11.83 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net lending (+) / net borrowing (-) recorded in Namibia?
- The highest recorded value was 8.05 billion current LCU in 2007.
- What is the lowest net lending (+) / net borrowing (-) recorded in Namibia?
- The lowest recorded value was -28.17 billion current LCU in 2012.
- How does Namibia rank for net lending (+) / net borrowing (-)?
- Namibia ranks 78th out of 156 countries with data for 2024.
- Is net lending (+) / net borrowing (-) rising or falling in Namibia?
- Over the last ten years it is up 18.5%. 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 lending (+) / net borrowing (-) (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. 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.