Adjusted savings: gross savings in Namibia
Namibia: Adjusted savings: gross savings was 878.65 million current US$ in 2021. ▲ Rising
Adjusted savings: gross savings in Namibia, 1990–2021
Source: World Bank national accounts data files. Measured in current US$.
Analysis
In 2021, adjusted savings: gross savings in Namibia stood at 878.65 million current US$.
The figure is down 53.4% on the previous year and down 52.5% over ten years.
Over the whole period, adjusted savings: gross savings in Namibia peaked at 2.85 billion current US$ in 2014 and was at its lowest, 648.09 million current US$, in 2016.
Namibia ranks 143rd of 178 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Adjusted savings: gross savings in Namibia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 1.06 billion current US$ | — |
| 1991 | 799.89 million current US$ | -24.2% |
| 1992 | 990.36 million current US$ | +23.8% |
| 1993 | 836.03 million current US$ | -15.6% |
| 1994 | 1.08 billion current US$ | +28.9% |
| 1995 | 1.21 billion current US$ | +12.5% |
| 1996 | 1.11 billion current US$ | -8.6% |
| 1997 | 1.03 billion current US$ | -7.3% |
| 1998 | 1.03 billion current US$ | +0.2% |
| 1999 | 917.17 million current US$ | -11.0% |
| 2000 | 1.08 billion current US$ | +18.2% |
| 2001 | 794.27 million current US$ | -26.7% |
| 2002 | 879.67 million current US$ | +10.8% |
| 2003 | 1.28 billion current US$ | +45.8% |
| 2004 | 2.00 billion current US$ | +56.1% |
| 2005 | 2.21 billion current US$ | +10.4% |
| 2006 | 2.84 billion current US$ | +28.5% |
| 2007 | 2.50 billion current US$ | -12.0% |
| 2008 | 2.30 billion current US$ | -8.1% |
| 2009 | 1.48 billion current US$ | -35.6% |
| 2010 | 2.12 billion current US$ | +43.7% |
| 2011 | 1.85 billion current US$ | -12.9% |
| 2012 | 1.95 billion current US$ | +5.6% |
| 2013 | 2.31 billion current US$ | +18.4% |
| 2014 | 2.85 billion current US$ | +23.4% |
| 2015 | 1.85 billion current US$ | -35.3% |
| 2016 | 648.09 million current US$ | -64.9% |
| 2017 | 1.69 billion current US$ | +161.1% |
| 2018 | 1.59 billion current US$ | -5.8% |
| 2019 | 1.66 billion current US$ | +4.1% |
| 2020 | 1.88 billion current US$ | +13.6% |
| 2021 | 878.65 million current US$ | -53.4% |
Namibia compared with similar countries
- Namibia's 878.65 million current US$ is below the median for lower middle income countries, which is 3.62 billion current US$, 24% of the median. (46 countries reporting)
- Namibia's 878.65 million current US$ is below the median for Sub-Saharan Africa, which is 2.33 billion current US$, 38% of the median. (42 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: gross savings in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +161.1% | 648.09 million current US$ | 1.69 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.01 billion current US$ | 799.89 million current US$ | 1.21 billion current US$ | 10 |
| 2000s | 1.74 billion current US$ | 794.27 million current US$ | 2.84 billion current US$ | 10 |
| 2010s | 1.85 billion current US$ | 648.09 million current US$ | 2.85 billion current US$ | 10 |
| 2020s | 1.38 billion current US$ | 878.65 million current US$ | 1.88 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$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Namibia?
- Adjusted savings: gross savings in Namibia was 878.65 million current US$ in 2021, according to World Bank national accounts data files.
- What is the highest adjusted savings: gross savings recorded in Namibia?
- The highest recorded value was 2.85 billion current US$ in 2014.
- What is the lowest adjusted savings: gross savings recorded in Namibia?
- The lowest recorded value was 648.09 million current US$ in 2016.
- How does Namibia rank for adjusted savings: gross savings?
- Namibia ranks 143rd out of 178 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Namibia?
- Over the last ten years it is down 52.5%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from World Bank national accounts data files, published as part of Adjusted savings: gross savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Gross savings are the difference between gross national income and public and private consumption, plus net current transfers.