Taxes on goods and services (current LCU), per unit of GDP in Namibia
Namibia: Taxes on goods and services (current LCU), per unit of GDP was 1.65 current LCU per US$ of GDP in 2024. ◆ Volatile
Taxes on goods and services (current LCU), per unit of GDP in Namibia, 1990–2024
Source: Statizoid (derived). Measured in current LCU per US$ of GDP.
Analysis
The most recent figure for taxes on goods and services (current lcu), per unit of gdp in Namibia is 1.65 current LCU per US$ of GDP, measured in 2024. That is the highest value across all 28 years on record.
Compared with earlier readings it is up 4.8% on the previous year and up 90.5% over ten years.
Over the whole period, taxes on goods and services (current lcu), per unit of gdp in Namibia peaked at 1.65 current LCU per US$ of GDP in 2024 and was at its lowest, 0.1719 current LCU per US$ of GDP, in 1990.
That places Namibia 72nd 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.
Taxes on goods and services (current LCU), per unit of GDP in Namibia, year by year
| Year | current LCU per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.1719 current LCU per US$ of GDP | — |
| 1991 | 0.1922 current LCU per US$ of GDP | +11.8% |
| 1992 | 0.2334 current LCU per US$ of GDP | +21.4% |
| 2000 | 0.5044 current LCU per US$ of GDP | +116.1% |
| 2001 | 0.599 current LCU per US$ of GDP | +18.7% |
| 2002 | 0.6453 current LCU per US$ of GDP | +7.7% |
| 2003 | 0.4039 current LCU per US$ of GDP | -37.4% |
| 2004 | 0.3226 current LCU per US$ of GDP | -20.1% |
| 2005 | 0.4726 current LCU per US$ of GDP | +46.5% |
| 2006 | 0.4209 current LCU per US$ of GDP | -10.9% |
| 2007 | 0.4774 current LCU per US$ of GDP | +13.4% |
| 2008 | 0.5256 current LCU per US$ of GDP | +10.1% |
| 2009 | 0.6071 current LCU per US$ of GDP | +15.5% |
| 2010 | 0.4824 current LCU per US$ of GDP | -20.5% |
| 2011 | 0.6613 current LCU per US$ of GDP | +37.1% |
| 2012 | 0.526 current LCU per US$ of GDP | -20.5% |
| 2013 | 0.8281 current LCU per US$ of GDP | +57.4% |
| 2014 | 0.8681 current LCU per US$ of GDP | +4.8% |
| 2015 | 1.1 current LCU per US$ of GDP | +26.5% |
| 2016 | 1.19 current LCU per US$ of GDP | +8.5% |
| 2017 | 0.9575 current LCU per US$ of GDP | -19.6% |
| 2018 | 0.952 current LCU per US$ of GDP | -0.6% |
| 2019 | 1.1 current LCU per US$ of GDP | +15.1% |
| 2020 | 0.9793 current LCU per US$ of GDP | -10.6% |
| 2021 | 1.09 current LCU per US$ of GDP | +11.5% |
| 2022 | 1.28 current LCU per US$ of GDP | +17.4% |
| 2023 | 1.58 current LCU per US$ of GDP | +23.2% |
| 2024 | 1.65 current LCU per US$ of GDP | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.1992 current LCU per US$ of GDP | 0.1719 current LCU per US$ of GDP | 0.2334 current LCU per US$ of GDP | 3 |
| 2000s | 0.4979 current LCU per US$ of GDP | 0.3226 current LCU per US$ of GDP | 0.6453 current LCU per US$ of GDP | 10 |
| 2010s | 0.8661 current LCU per US$ of GDP | 0.4824 current LCU per US$ of GDP | 1.19 current LCU per US$ of GDP | 10 |
| 2020s | 1.32 current LCU per US$ of GDP | 0.9793 current LCU per US$ of GDP | 1.65 current LCU per US$ of GDP | 5 |
Countries ranked near Namibia
- 69 Macao 1.95 current LCU per US$ of GDP compare
- 70 Maldives 1.74 current LCU per US$ of GDP compare
- 71 South Africa 1.73 current LCU per US$ of GDP compare
- 73 Iraq 1.6 current LCU per US$ of GDP compare
- 74 Sweden 1.21 current LCU per US$ of GDP compare
- 75 Ethiopia 1.18 current LCU per US$ of GDP 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 taxes on goods and services (current lcu), per unit of gdp in Namibia?
- Taxes on goods and services (current lcu), per unit of gdp in Namibia was 1.65 current LCU per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), per unit of gdp recorded in Namibia?
- The highest recorded value was 1.65 current LCU per US$ of GDP in 2024.
- What is the lowest taxes on goods and services (current lcu), per unit of gdp recorded in Namibia?
- The lowest recorded value was 0.1719 current LCU per US$ of GDP in 1990.
- How does Namibia rank for taxes on goods and services (current lcu), per unit of gdp?
- Namibia ranks 72nd out of 157 countries with data for 2024.
- Is taxes on goods and services (current lcu), per unit of gdp rising or falling in Namibia?
- Over the last ten years it is up 90.5%. 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 Taxes on goods and services (current LCU), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Taxes on goods and services (current LCU) ÷ GDP (current US$)
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
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
Taxes on goods and services (current LCU) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.