Adjusted savings: mineral depletion in Namibia
Namibia: Adjusted savings: mineral depletion was 262.77 million current US$ in 2021. ◆ Volatile
Adjusted savings: mineral depletion in Namibia, 1970–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
The most recent figure for adjusted savings: mineral depletion in Namibia is 262.77 million current US$, measured in 2021.
The figure is up 266.3% on the previous year and up 111.0% over ten years.
Over the whole period, adjusted savings: mineral depletion in Namibia peaked at 427.98 million current US$ in 1988 and was at its lowest, 2.69 million current US$, in 2002.
That places Namibia 56th out of 218 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: mineral depletion in Namibia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 18.97 million current US$ | — |
| 1971 | 13.79 million current US$ | -27.3% |
| 1972 | 12.50 million current US$ | -9.4% |
| 1973 | 40.16 million current US$ | +221.4% |
| 1974 | 74.58 million current US$ | +85.7% |
| 1975 | 28.78 million current US$ | -61.4% |
| 1976 | 34.45 million current US$ | +19.7% |
| 1977 | 24.08 million current US$ | -30.1% |
| 1978 | 18.96 million current US$ | -21.3% |
| 1979 | 43.14 million current US$ | +127.5% |
| 1980 | 71.21 million current US$ | +65.1% |
| 1981 | 43.35 million current US$ | -39.1% |
| 1982 | 24.55 million current US$ | -43.4% |
| 1983 | 24.12 million current US$ | -1.7% |
| 1984 | 33.07 million current US$ | +37.1% |
| 1985 | 33.83 million current US$ | +2.3% |
| 1986 | 8.22 million current US$ | -75.7% |
| 1987 | 21.90 million current US$ | +166.3% |
| 1988 | 427.98 million current US$ | +1854.5% |
| 1989 | 336.28 million current US$ | -21.4% |
| 1990 | 121.72 million current US$ | -63.8% |
| 1991 | 13.40 million current US$ | -89.0% |
| 1992 | 5.27 million current US$ | -60.7% |
| 1993 | 2.96 million current US$ | -43.9% |
| 1994 | 4.59 million current US$ | +55.3% |
| 1995 | 7.54 million current US$ | +64.2% |
| 1996 | 2.82 million current US$ | -62.6% |
| 1997 | 11.04 million current US$ | +291.9% |
| 1998 | 5.47 million current US$ | -50.5% |
| 1999 | 5.48 million current US$ | +0.2% |
| 2000 | 5.78 million current US$ | +5.5% |
| 2001 | 5.48 million current US$ | -5.1% |
| 2002 | 2.69 million current US$ | -50.9% |
| 2003 | 10.90 million current US$ | +304.7% |
| 2004 | 12.57 million current US$ | +15.4% |
| 2005 | 33.61 million current US$ | +167.3% |
| 2006 | 123.46 million current US$ | +267.3% |
| 2007 | 333.74 million current US$ | +170.3% |
| 2008 | 76.31 million current US$ | -77.1% |
| 2009 | 59.98 million current US$ | -21.4% |
| 2010 | 119.10 million current US$ | +98.6% |
| 2011 | 124.53 million current US$ | +4.6% |
| 2012 | 98.36 million current US$ | -21.0% |
| 2013 | 39.61 million current US$ | -59.7% |
| 2014 | 75.56 million current US$ | +90.7% |
| 2015 | 81.46 million current US$ | +7.8% |
| 2016 | 124.14 million current US$ | +52.4% |
| 2017 | 215.66 million current US$ | +73.7% |
| 2018 | 72.01 million current US$ | -66.6% |
| 2019 | 73.05 million current US$ | +1.4% |
| 2020 | 71.73 million current US$ | -1.8% |
| 2021 | 262.77 million current US$ | +266.3% |
Namibia compared with similar countries
- Namibia's 262.77 million current US$ is above the median for lower middle income countries, which is 156,064 current US$, 1683.8× the median. (47 countries reporting)
- Namibia's 262.77 million current US$ is above the median for Sub-Saharan Africa, which is 5.75 million current US$, 45.7× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Adjusted savings: mineral depletion in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +1854.5% | 21.90 million current US$ | 427.98 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 30.94 million current US$ | 12.50 million current US$ | 74.58 million current US$ | 10 |
| 1980s | 102.45 million current US$ | 8.22 million current US$ | 427.98 million current US$ | 10 |
| 1990s | 18.03 million current US$ | 2.82 million current US$ | 121.72 million current US$ | 10 |
| 2000s | 66.45 million current US$ | 2.69 million current US$ | 333.74 million current US$ | 10 |
| 2010s | 102.35 million current US$ | 39.61 million current US$ | 215.66 million current US$ | 10 |
| 2020s | 167.25 million current US$ | 71.73 million current US$ | 262.77 million 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$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is adjusted savings: mineral depletion in Namibia?
- Adjusted savings: mineral depletion in Namibia was 262.77 million current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: mineral depletion recorded in Namibia?
- The highest recorded value was 427.98 million current US$ in 1988.
- What is the lowest adjusted savings: mineral depletion recorded in Namibia?
- The lowest recorded value was 2.69 million current US$ in 2002.
- How does Namibia rank for adjusted savings: mineral depletion?
- Namibia ranks 56th out of 218 countries with data for 2021.
- Is adjusted savings: mineral depletion rising or falling in Namibia?
- Over the last ten years it is up 111.0%. 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: mineral depletion (current US$). Statizoid updates them automatically from the source API.
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About this data
Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. 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.