Adjusted savings: education expenditure in Namibia

Namibia: Adjusted savings: education expenditure was 1.08 billion current US$ in 2021. ◆ Volatile

Latest (2021)
1.08 billion current US$
Change on year
up 14.6%
World rank
101st
of 195 countries
All-time high
1.18 billion current US$
in 2018
All-time low
118.59 million current US$
in 1985
Years of data
42
1980–2021

Adjusted savings: education expenditure in Namibia, 1980–2021

0250.0M500.0M750.0M1.0B1.2B1980200020211980: 185.4M current US$1981: 189.9M current US$1982: 175.3M current US$1983: 196.8M current US$1984: 163.5M current US$1985: 118.6M current US$1986: 139.7M current US$1987: 196.0M current US$1988: 199.6M current US$1989: 215.0M current US$1990: 252.7M current US$1991: 276.5M current US$1992: 318.8M current US$1993: 327.4M current US$1994: 331.9M current US$1995: 340.2M current US$1996: 301.3M current US$1997: 353.1M current US$1998: 291.3M current US$1999: 252.0M current US$2000: 257.0M current US$2001: 225.5M current US$2002: 223.4M current US$2003: 350.9M current US$2004: 469.7M current US$2005: 516.1M current US$2006: 591.7M current US$2007: 658.0M current US$2008: 660.3M current US$2009: 703.1M current US$2010: 903.7M current US$2011: 1.0B current US$2012: 1.1B current US$2013: 1.1B current US$2014: 1.1B current US$2015: 1.0B current US$2016: 937.5M current US$2017: 1.1B current US$2018: 1.2B current US$2019: 1.1B current US$2020: 939.9M current US$2021: 1.1B current US$

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

In 2021, adjusted savings: education expenditure in Namibia stood at 1.08 billion current US$.

Compared with earlier readings it is up 14.6% on the previous year and up 5.7% over ten years.

Over the whole period, adjusted savings: education expenditure in Namibia peaked at 1.18 billion current US$ in 2018 and was at its lowest, 118.59 million current US$, in 1985.

Namibia ranks 101st of 195 countries on this measure, 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

DecadeAverage LowestHighest Years
1980s 177.96 million current US$ 118.59 million current US$ 214.96 million current US$ 10
1990s 304.54 million current US$ 252.05 million current US$ 353.12 million current US$ 10
2000s 465.57 million current US$ 223.39 million current US$ 703.08 million current US$ 10
2010s 1.05 billion current US$ 903.72 million current US$ 1.18 billion current US$ 10
2020s 1.01 billion current US$ 939.86 million current US$ 1.08 billion current US$ 2

Countries ranked near Namibia

  1. 98 Jordan 1.29 billion current US$ compare
  2. 99 Paraguay 1.23 billion current US$ compare
  3. 100 Cameroon 1.19 billion current US$ compare
  4. 102 Democratic Republic of Congo 1.07 billion current US$ compare
  5. 103 Nepal 1.06 billion current US$ compare
  6. 104 Myanmar 1.05 billion current US$ compare

See the full ranking of 195 places →

More economy & growth data for Namibia

All data for Namibia →

Frequently asked questions

What is adjusted savings: education expenditure in Namibia?
Adjusted savings: education expenditure in Namibia was 1.08 billion current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: education expenditure recorded in Namibia?
The highest recorded value was 1.18 billion current US$ in 2018.
What is the lowest adjusted savings: education expenditure recorded in Namibia?
The lowest recorded value was 118.59 million current US$ in 1985.
How does Namibia rank for adjusted savings: education expenditure?
Namibia ranks 101st out of 195 countries with data for 2021.
Is adjusted savings: education expenditure rising or falling in Namibia?
Over the last ten years it is up 5.7%. The long-run trend across the full record is volatile.
Where does this Namibia data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: education expenditure (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Adjusted savings: education expenditure (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
195 places, 8,370 data points, 1970–2021
Last refreshed

Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.