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
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$, in 1985.
Namibia ranks 101st of 195 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: education expenditure in Namibia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1980 | 185.35 million current US$ | — |
| 1981 | 189.85 million current US$ | +2.4% |
| 1982 | 175.32 million current US$ | -7.7% |
| 1983 | 196.79 million current US$ | +12.2% |
| 1984 | 163.49 million current US$ | -16.9% |
| 1985 | 118.59 million current US$ | -27.5% |
| 1986 | 139.68 million current US$ | +17.8% |
| 1987 | 195.98 million current US$ | +40.3% |
| 1988 | 199.62 million current US$ | +1.9% |
| 1989 | 214.96 million current US$ | +7.7% |
| 1990 | 252.71 million current US$ | +17.6% |
| 1991 | 276.51 million current US$ | +9.4% |
| 1992 | 318.79 million current US$ | +15.3% |
| 1993 | 327.45 million current US$ | +2.7% |
| 1994 | 331.91 million current US$ | +1.4% |
| 1995 | 340.25 million current US$ | +2.5% |
| 1996 | 301.31 million current US$ | -11.4% |
| 1997 | 353.12 million current US$ | +17.2% |
| 1998 | 291.30 million current US$ | -17.5% |
| 1999 | 252.05 million current US$ | -13.5% |
| 2000 | 257.01 million current US$ | +2.0% |
| 2001 | 225.50 million current US$ | -12.3% |
| 2002 | 223.39 million current US$ | -0.9% |
| 2003 | 350.90 million current US$ | +57.1% |
| 2004 | 469.66 million current US$ | +33.8% |
| 2005 | 516.14 million current US$ | +9.9% |
| 2006 | 591.73 million current US$ | +14.6% |
| 2007 | 657.99 million current US$ | +11.2% |
| 2008 | 660.27 million current US$ | +0.3% |
| 2009 | 703.08 million current US$ | +6.5% |
| 2010 | 903.72 million current US$ | +28.5% |
| 2011 | 1.02 billion current US$ | +12.8% |
| 2012 | 1.08 billion current US$ | +6.0% |
| 2013 | 1.05 billion current US$ | -2.4% |
| 2014 | 1.10 billion current US$ | +4.6% |
| 2015 | 1.01 billion current US$ | -8.5% |
| 2016 | 937.50 million current US$ | -7.1% |
| 2017 | 1.13 billion current US$ | +20.5% |
| 2018 | 1.18 billion current US$ | +4.1% |
| 2019 | 1.09 billion current US$ | -7.2% |
| 2020 | 939.86 million current US$ | -13.9% |
| 2021 | 1.08 billion current US$ | +14.6% |
Namibia compared with similar countries
- Namibia's 1.08 billion current US$ is above the median for lower middle income countries, which is 720.82 million current US$, 1.5× the median. (47 countries reporting)
- Namibia's 1.08 billion current US$ is above the median for Sub-Saharan Africa, which is 506.89 million current US$, 2.1× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 177.96 million current US$ | 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
More economy & growth data for Namibia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.64 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 44.40 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 14.65 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.93 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -15.67 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1418 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 638.56 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: education expenditure in Namibia?
- Adjusted savings: education expenditure in Namibia was 1.08 billion current US$ 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
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.