Tax revenue (current LCU), annual growth rate in Namibia
Namibia: Tax revenue (current LCU), annual growth rate was 12.25 % change on previous year in 2024. ◆ Volatile
Tax revenue (current LCU), annual growth rate in Namibia, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Namibia recorded 12.25 % change on previous year for tax revenue (current lcu), annual growth rate in 2024.
The figure is down 65.1% on the previous year and down 40.5% over ten years.
Over the whole period, tax revenue (current lcu), annual growth rate in Namibia peaked at 35.09 % change on previous year in 2023 and was at its lowest, -6.05 % change on previous year, in 2003.
That places Namibia 61st 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.
Tax revenue (current LCU), annual growth rate in Namibia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 34.3 % change on previous year | — |
| 1992 | 10.08 % change on previous year | -70.6% |
| 1993 | 13.05 % change on previous year | +29.5% |
| 1994 | 12.97 % change on previous year | -0.6% |
| 1995 | 15.12 % change on previous year | +16.6% |
| 1996 | 13.95 % change on previous year | -7.7% |
| 1997 | 24.12 % change on previous year | +72.9% |
| 1998 | 7.74 % change on previous year | -67.9% |
| 1999 | 19.93 % change on previous year | +157.3% |
| 2000 | 13.16 % change on previous year | -34.0% |
| 2001 | 7.92 % change on previous year | -39.8% |
| 2002 | 14.19 % change on previous year | +79.1% |
| 2003 | -6.05 % change on previous year | -142.6% |
| 2004 | 19.88 % change on previous year | -428.7% |
| 2005 | 14.76 % change on previous year | -25.8% |
| 2006 | 32.37 % change on previous year | +119.2% |
| 2007 | 20.92 % change on previous year | -35.4% |
| 2008 | 10.83 % change on previous year | -48.2% |
| 2009 | 4.99 % change on previous year | -53.9% |
| 2010 | -3.37 % change on previous year | -167.4% |
| 2011 | 26.22 % change on previous year | -879.2% |
| 2012 | 30.27 % change on previous year | +15.4% |
| 2013 | 10.04 % change on previous year | -66.8% |
| 2014 | 20.57 % change on previous year | +104.8% |
| 2015 | 4.52 % change on previous year | -78.0% |
| 2016 | -4.11 % change on previous year | -190.9% |
| 2017 | 14.78 % change on previous year | -459.7% |
| 2018 | -2.47 % change on previous year | -116.7% |
| 2019 | 5.13 % change on previous year | -307.6% |
| 2020 | -1.27 % change on previous year | -124.8% |
| 2021 | -5.4 % change on previous year | +323.8% |
| 2022 | 8.58 % change on previous year | -258.9% |
| 2023 | 35.09 % change on previous year | +309.1% |
| 2024 | 12.25 % change on previous year | -65.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 16.81 % change on previous year | 7.74 % change on previous year | 34.3 % change on previous year | 9 |
| 2000s | 13.3 % change on previous year | -6.05 % change on previous year | 32.37 % change on previous year | 10 |
| 2010s | 10.16 % change on previous year | -4.11 % change on previous year | 30.27 % change on previous year | 10 |
| 2020s | 9.85 % change on previous year | -5.4 % change on previous year | 35.09 % change on previous year | 5 |
Countries ranked near Namibia
- 58 Senegal 12.9 % change on previous year compare
- 59 North Macedonia 12.79 % change on previous year compare
- 60 Sudan 12.62 % change on previous year compare
- 62 Israel 12.14 % change on previous year compare
- 63 Nicaragua 12 % change on previous year compare
- 64 Bulgaria 11.68 % change on previous year 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 tax revenue (current lcu), annual growth rate in Namibia?
- Tax revenue (current lcu), annual growth rate in Namibia was 12.25 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest tax revenue (current lcu), annual growth rate recorded in Namibia?
- The highest recorded value was 35.09 % change on previous year in 2023.
- What is the lowest tax revenue (current lcu), annual growth rate recorded in Namibia?
- The lowest recorded value was -6.05 % change on previous year in 2003.
- How does Namibia rank for tax revenue (current lcu), annual growth rate?
- Namibia ranks 61st out of 156 countries with data for 2024.
- Is tax revenue (current lcu), annual growth rate rising or falling in Namibia?
- Over the last ten years it is down 40.5%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Statizoid (derived), published as part of Tax revenue (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Tax revenue Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Tax revenue (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.