Taxes on income, profits and capital gains (current LCU) in Namibia
Namibia: Taxes on income, profits and capital gains (current LCU) was 32.69 billion current LCU in 2024. ◆ Volatile
Taxes on income, profits and capital gains in Namibia, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on income, profits and capital gains in Namibia is 32.69 billion current LCU, measured in 2024. That is the highest value across all 35 years on record.
The figure is up 7.9% on the previous year and up 83.9% over ten years.
Over the whole period, taxes on income, profits and capital gains in Namibia peaked at 32.69 billion current LCU in 2024 and was at its lowest, 597.80 million current LCU, in 1991.
That places Namibia 92nd out of 153 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 income, profits and capital gains (current LCU) in Namibia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 655.20 million current LCU | — |
| 1991 | 597.80 million current LCU | -8.8% |
| 1992 | 804.70 million current LCU | +34.6% |
| 1993 | 930.30 million current LCU | +15.6% |
| 1994 | 1.03 billion current LCU | +10.8% |
| 1995 | 1.09 billion current LCU | +5.6% |
| 1996 | 1.35 billion current LCU | +24.3% |
| 1997 | 1.98 billion current LCU | +46.2% |
| 1998 | 2.03 billion current LCU | +2.6% |
| 1999 | 2.32 billion current LCU | +14.0% |
| 2000 | 2.61 billion current LCU | +12.7% |
| 2001 | 3.29 billion current LCU | +25.9% |
| 2002 | 4.44 billion current LCU | +35.2% |
| 2003 | 3.62 billion current LCU | -18.5% |
| 2004 | 4.02 billion current LCU | +11.2% |
| 2005 | 4.58 billion current LCU | +13.7% |
| 2006 | 5.68 billion current LCU | +24.0% |
| 2007 | 6.73 billion current LCU | +18.6% |
| 2008 | 8.07 billion current LCU | +19.9% |
| 2009 | 8.14 billion current LCU | +0.8% |
| 2010 | 9.91 billion current LCU | +21.8% |
| 2011 | 11.60 billion current LCU | +17.0% |
| 2012 | 14.54 billion current LCU | +25.3% |
| 2013 | 14.03 billion current LCU | -3.5% |
| 2014 | 17.78 billion current LCU | +26.8% |
| 2015 | 19.00 billion current LCU | +6.9% |
| 2016 | 19.47 billion current LCU | +2.4% |
| 2017 | 21.26 billion current LCU | +9.2% |
| 2018 | 21.25 billion current LCU | -0.1% |
| 2019 | 21.81 billion current LCU | +2.7% |
| 2020 | 21.64 billion current LCU | -0.8% |
| 2021 | 22.44 billion current LCU | +3.7% |
| 2022 | 24.69 billion current LCU | +10.0% |
| 2023 | 30.29 billion current LCU | +22.7% |
| 2024 | 32.69 billion current LCU | +7.9% |
Namibia compared with similar countries
- Namibia's 32.69 billion current LCU is below the median for lower middle income countries, which is 129.82 billion current LCU, 25% of the median. (35 countries reporting)
- Namibia's 32.69 billion current LCU is below the median for Sub-Saharan Africa, which is 223.33 billion current LCU, 15% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.28 billion current LCU | 597.80 million current LCU | 2.32 billion current LCU | 10 |
| 2000s | 5.12 billion current LCU | 2.61 billion current LCU | 8.14 billion current LCU | 10 |
| 2010s | 17.07 billion current LCU | 9.91 billion current LCU | 21.81 billion current LCU | 10 |
| 2020s | 26.35 billion current LCU | 21.64 billion current LCU | 32.69 billion current LCU | 5 |
Countries ranked near Namibia
- 89 Mauritius 45.87 billion current LCU compare
- 90 Guatemala 38.10 billion current LCU compare
- 91 Switzerland 36.73 billion current LCU compare
- 93 Guinea-Bissau 32.64 billion current LCU compare
- 94 Saudi Arabia 31.58 billion current LCU compare
- 95 Finland 31.56 billion current LCU compare
More public sector data for Namibia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 0 SIPRI trend indicator values (2025)
- 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)
Frequently asked questions
- What is taxes on income, profits and capital gains in Namibia?
- Taxes on income, profits and capital gains in Namibia was 32.69 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on income, profits and capital gains recorded in Namibia?
- The highest recorded value was 32.69 billion current LCU in 2024.
- What is the lowest taxes on income, profits and capital gains recorded in Namibia?
- The lowest recorded value was 597.80 million current LCU in 1991.
- How does Namibia rank for taxes on income, profits and capital gains?
- Namibia ranks 92nd out of 153 countries with data for 2024.
- Is taxes on income, profits and capital gains rising or falling in Namibia?
- Over the last ten years it is up 83.9%. 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 Taxes on income, profits and capital gains (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. 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.