Tax revenue in Namibia
Namibia: Tax revenue was 84.69 billion current LCU in 2024. ◆ Volatile
Tax revenue in Namibia, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, tax revenue in Namibia stood at 84.69 billion current LCU. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 12.2% on the previous year and up 81.4% over ten years.
Over the whole period, tax revenue in Namibia peaked at 84.69 billion current LCU in 2024 and was at its lowest, 1.66 billion current LCU, in 1990.
That places Namibia 97th out of 157 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 | 3.72 billion current LCU | 1.66 billion current LCU | 6.60 billion current LCU | 10 |
| 2000s | 13.36 billion current LCU | 7.47 billion current LCU | 22.15 billion current LCU | 10 |
| 2010s | 42.58 billion current LCU | 21.40 billion current LCU | 55.08 billion current LCU | 10 |
| 2020s | 64.36 billion current LCU | 51.44 billion current LCU | 84.69 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 tax revenue in Namibia?
- Tax revenue in Namibia was 84.69 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Namibia?
- The highest recorded value was 84.69 billion current LCU in 2024.
- What is the lowest tax revenue recorded in Namibia?
- The lowest recorded value was 1.66 billion current LCU in 1990.
- How does Namibia rank for tax revenue?
- Namibia ranks 97th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Namibia?
- Over the last ten years it is up 81.4%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.