Subsidies and other transfers in Namibia
Namibia: Subsidies and other transfers was 33.1% in 2023. ▲ Rising
Subsidies and other transfers in Namibia, 2000–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, subsidies and other transfers in Namibia stood at 33.1%.
The figure is up 5.0% on the previous year and down 7.6% over ten years.
Over the whole period, subsidies and other transfers in Namibia peaked at 36.3% in 2011 and was at its lowest, 19.6%, in 2001.
Namibia ranks 92nd of 152 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Subsidies and other transfers in Namibia, year by year
| Year | % of expense | Change |
|---|---|---|
| 2000 | 19.6% | — |
| 2001 | 19.6% | -0.1% |
| 2002 | 20.1% | +2.3% |
| 2003 | 22.2% | +10.8% |
| 2004 | 22.5% | +1.2% |
| 2005 | 20.1% | -10.9% |
| 2006 | 22.9% | +14.4% |
| 2007 | 23.5% | +2.4% |
| 2008 | 29.2% | +24.2% |
| 2009 | 28.2% | -3.5% |
| 2010 | 32.3% | +14.6% |
| 2011 | 36.3% | +12.3% |
| 2012 | 36.2% | -0.3% |
| 2013 | 35.8% | -1.0% |
| 2014 | 35.0% | -2.2% |
| 2015 | 35.3% | +0.9% |
| 2016 | 29.5% | -16.3% |
| 2017 | 34.0% | +15.2% |
| 2018 | 31.9% | -6.2% |
| 2019 | 28.1% | -12.1% |
| 2020 | 32.5% | +15.7% |
| 2021 | 30.9% | -4.7% |
| 2022 | 31.5% | +1.9% |
| 2023 | 33.1% | +5.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.8% | 19.6% | 29.2% | 10 |
| 2010s | 33.4% | 28.1% | 36.3% | 10 |
| 2020s | 32.0% | 30.9% | 33.1% | 4 |
Countries ranked near Namibia
- 89 Fiji 34.1% compare
- 90 Madagascar 33.9% compare
- 91 Trinidad and Tobago 33.9% compare
- 93 Saint Kitts and Nevis 33.0% compare
- 94 Congo 32.9% compare
- 95 Macao 32.6% compare
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 subsidies and other transfers in Namibia?
- Subsidies and other transfers in Namibia was 33.1% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Namibia?
- The highest recorded value was 36.3% in 2011.
- What is the lowest subsidies and other transfers recorded in Namibia?
- The lowest recorded value was 19.6% in 2001.
- How does Namibia rank for subsidies and other transfers?
- Namibia ranks 92nd out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Namibia?
- Over the last ten years it is down 7.6%. The long-run trend across the full record is rising.
- 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 Subsidies and other transfers (% of expense). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.