Adjusted savings: gross savings in Namibia
Namibia: Adjusted savings: gross savings was 7.3% in 2021. ▼ Falling
Adjusted savings: gross savings in Namibia, 1990–2021
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GNI.
Analysis
The most recent figure for adjusted savings: gross savings in Namibia is 7.3%, measured in 2021.
That represents a change of down 59.3% on the previous year and down 52.7% over ten years.
Over the whole period, adjusted savings: gross savings in Namibia peaked at 37.1% in 1990 and was at its lowest, 6.2%, in 2016.
Namibia ranks 167th of 177 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 32 years of available data.
Adjusted savings: gross savings in Namibia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1990 | 37.1% | — |
| 1991 | 25.7% | -30.7% |
| 1992 | 28.6% | +11.1% |
| 1993 | 25.5% | -10.7% |
| 1994 | 29.2% | +14.5% |
| 1995 | 29.6% | +1.2% |
| 1996 | 27.6% | -6.7% |
| 1997 | 24.7% | -10.7% |
| 1998 | 26.3% | +6.8% |
| 1999 | 24.1% | -8.4% |
| 2000 | 27.5% | +14.0% |
| 2001 | 22.4% | -18.6% |
| 2002 | 25.9% | +15.7% |
| 2003 | 24.9% | -4.1% |
| 2004 | 29.9% | +20.4% |
| 2005 | 31.0% | +3.6% |
| 2006 | 35.8% | +15.5% |
| 2007 | 29.2% | -18.6% |
| 2008 | 27.5% | -5.8% |
| 2009 | 17.1% | -37.9% |
| 2010 | 19.6% | +14.8% |
| 2011 | 15.4% | -21.4% |
| 2012 | 15.6% | +1.3% |
| 2013 | 19.2% | +23.4% |
| 2014 | 23.1% | +19.9% |
| 2015 | 16.3% | -29.3% |
| 2016 | 6.2% | -62.2% |
| 2017 | 13.4% | +116.7% |
| 2018 | 12.1% | -9.5% |
| 2019 | 13.6% | +12.1% |
| 2020 | 17.9% | +31.9% |
| 2021 | 7.3% | -59.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 27.9% | 24.1% | 37.1% | 10 |
| 2000s | 27.1% | 17.1% | 35.8% | 10 |
| 2010s | 15.4% | 6.2% | 23.1% | 10 |
| 2020s | 12.6% | 7.3% | 17.9% | 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)
- Manufacturing, value added (constant LCU), per capita 5,174 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 8.37 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2895 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 1,412 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 5.77 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 5.18 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 25,251 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -3.07 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: gross savings in Namibia?
- Adjusted savings: gross savings in Namibia was 7.3% in 2021, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest adjusted savings: gross savings recorded in Namibia?
- The highest recorded value was 37.1% in 1990.
- What is the lowest adjusted savings: gross savings recorded in Namibia?
- The lowest recorded value was 6.2% in 2016.
- How does Namibia rank for adjusted savings: gross savings?
- Namibia ranks 167th out of 177 countries with data for 2021.
- Is adjusted savings: gross savings rising or falling in Namibia?
- Over the last ten years it is down 52.7%. The long-run trend across the full record is falling.
- Where does this Namibia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Adjusted savings: gross savings (% of GNI). 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. This indicator is expressed as a percentage of Gross National Income (GNI) which is the total income earned by all residents within an economic territory during an accounting period. It is equal to gross domestic product plus earned income receivable from abroad minus earned income payable abroad.