Taxes on income, profits and capital gains (% of revenue) in Namibia
Namibia: Taxes on income, profits and capital gains (% of revenue) was 36.8% in 2024. ▲ Rising
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 % of revenue.
Analysis
The most recent figure for taxes on income, profits and capital gains in Namibia is 36.8%, measured in 2024.
Compared with earlier readings it is down 1.0% on the previous year and up 3.3% over ten years.
Over the whole period, taxes on income, profits and capital gains in Namibia peaked at 42.4% in 2002 and was at its lowest, 22.7%, in 1991.
Namibia ranks 22nd of 153 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Taxes on income, profits and capital gains (% of revenue) in Namibia, year by year
| Year | % of revenue | Change |
|---|---|---|
| 1990 | 32.6% | — |
| 1991 | 22.7% | -30.6% |
| 1992 | 27.5% | +21.2% |
| 1993 | 30.1% | +9.4% |
| 1994 | 28.2% | -6.1% |
| 1995 | 26.7% | -5.4% |
| 1996 | 29.0% | +8.7% |
| 1997 | 35.1% | +20.7% |
| 1998 | 33.1% | -5.5% |
| 1999 | 31.9% | -3.6% |
| 2000 | 31.8% | -0.4% |
| 2001 | 37.0% | +16.3% |
| 2002 | 42.4% | +14.8% |
| 2003 | 37.1% | -12.5% |
| 2004 | 35.5% | -4.4% |
| 2005 | 35.0% | -1.5% |
| 2006 | 32.3% | -7.7% |
| 2007 | 32.6% | +0.8% |
| 2008 | 34.4% | +5.8% |
| 2009 | 33.9% | -1.6% |
| 2010 | 42.4% | +25.2% |
| 2011 | 38.8% | -8.6% |
| 2012 | 38.3% | -1.3% |
| 2013 | 33.1% | -13.4% |
| 2014 | 35.6% | +7.5% |
| 2015 | 36.4% | +2.3% |
| 2016 | 39.7% | +9.2% |
| 2017 | 37.9% | -4.6% |
| 2018 | 38.1% | +0.6% |
| 2019 | 37.3% | -2.3% |
| 2020 | 37.4% | +0.4% |
| 2021 | 40.5% | +8.3% |
| 2022 | 38.4% | -5.3% |
| 2023 | 37.1% | -3.3% |
| 2024 | 36.8% | -1.0% |
Namibia compared with similar countries
- Namibia's 36.8% is above the median for lower middle income countries, which is 25.8%, 1.4× the median. (35 countries reporting)
- Namibia's 36.8% is above the median for Sub-Saharan Africa, which is 26.0%, 1.4× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.7% | 22.7% | 35.1% | 10 |
| 2000s | 35.2% | 31.8% | 42.4% | 10 |
| 2010s | 37.8% | 33.1% | 42.4% | 10 |
| 2020s | 38.0% | 36.8% | 40.5% | 5 |
Countries ranked near Namibia
- 19 Democratic Republic of Congo 38.8% compare
- 20 Georgia 38.5% compare
- 21 Indonesia 37.4% compare
- 23 Belgium 35.9% compare
- 24 Luxembourg 35.6% compare
- 25 Netherlands 35.5% 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 36.8% 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 42.4% in 2002.
- What is the lowest taxes on income, profits and capital gains recorded in Namibia?
- The lowest recorded value was 22.7% in 1991.
- How does Namibia rank for taxes on income, profits and capital gains?
- Namibia ranks 22nd 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 3.3%. 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 Taxes on income, profits and capital gains (% of revenue). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
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 as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.