Adjusted savings: mineral depletion in Namibia
Namibia: Adjusted savings: mineral depletion was 2.2% in 2021. ◆ Volatile
Adjusted savings: mineral depletion in Namibia, 1980–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
In 2021, adjusted savings: mineral depletion in Namibia stood at 2.2%.
The figure is up 219.7% on the previous year and up 109.9% over ten years.
Over the whole period, adjusted savings: mineral depletion in Namibia peaked at 19.1% in 1988 and was at its lowest, 0.1%, in 1996.
Namibia ranks 29th of 208 countries on this measure, in the top quarter.
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 | % of GNI | Change |
|---|---|---|
| 1980 | 3.4% | — |
| 1981 | 2.0% | -40.6% |
| 1982 | 1.2% | -38.7% |
| 1983 | 1.1% | -12.4% |
| 1984 | 1.8% | +65.0% |
| 1985 | 2.5% | +41.0% |
| 1986 | 0.5% | -79.4% |
| 1987 | 1.0% | +89.8% |
| 1988 | 19.1% | +1818.8% |
| 1989 | 13.9% | -27.0% |
| 1990 | 4.3% | -69.2% |
| 1991 | 0.4% | -89.9% |
| 1992 | 0.2% | -64.7% |
| 1993 | 0.1% | -40.6% |
| 1994 | 0.1% | +37.9% |
| 1995 | 0.2% | +47.7% |
| 1996 | 0.1% | -61.9% |
| 1997 | 0.3% | +277.7% |
| 1998 | 0.1% | -47.2% |
| 1999 | 0.1% | +3.2% |
| 2000 | 0.1% | +1.7% |
| 2001 | 0.2% | +5.5% |
| 2002 | 0.1% | -48.7% |
| 2003 | 0.2% | +166.2% |
| 2004 | 0.2% | -11.0% |
| 2005 | 0.5% | +150.9% |
| 2006 | 1.6% | +230.1% |
| 2007 | 3.9% | +150.3% |
| 2008 | 0.9% | -76.6% |
| 2009 | 0.7% | -24.1% |
| 2010 | 1.1% | +58.7% |
| 2011 | 1.0% | -5.7% |
| 2012 | 0.8% | -24.2% |
| 2013 | 0.3% | -58.0% |
| 2014 | 0.6% | +85.3% |
| 2015 | 0.7% | +17.8% |
| 2016 | 1.2% | +64.1% |
| 2017 | 1.7% | +44.2% |
| 2018 | 0.5% | -67.9% |
| 2019 | 0.6% | +9.3% |
| 2020 | 0.7% | +14.0% |
| 2021 | 2.2% | +219.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 4.7% | 0.5% | 19.1% | 10 |
| 1990s | 0.6% | 0.1% | 4.3% | 10 |
| 2000s | 0.8% | 0.1% | 3.9% | 10 |
| 2010s | 0.9% | 0.3% | 1.7% | 10 |
| 2020s | 1.4% | 0.7% | 2.2% | 2 |
Countries ranked near Namibia
- 26 South Africa 2.7% compare
- 27 Senegal 2.3% compare
- 28 Nicaragua 2.2% compare
- 30 Côte d'Ivoire 1.9% compare
- 31 Lao People's Democratic Republic 1.9% compare
- 32 Ukraine 1.7% compare
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)
- Exports of goods and services (current LCU), annual growth rate 17.39 % change on previous year (2025)
- Exports of goods and services (current LCU), per unit of GDP 7.99 current LCU per US$ of GDP (2025)
- Exports of goods and services (current LCU), per capita 38,969 current LCU per person (2025)
- Exports of goods and services (constant 2015 US$), annual growth rate 11.81 % change on previous year (2025)
- Exports of goods and services (constant 2015 US$), per unit of GDP 0.3619 constant 2015 US$ per US$ of GDP (2025)
- Exports of goods and services (constant 2015 US$), per capita 1,765 constant 2015 US$ per person (2025)
- Gross fixed capital formation (current US$), annual growth rate -1.04 % change on previous year (2025)
- Gross fixed capital formation (current US$), per unit of GDP 0.2152 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: mineral depletion in Namibia?
- Adjusted savings: mineral depletion in Namibia was 2.2% 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 19.1% in 1988.
- What is the lowest adjusted savings: mineral depletion recorded in Namibia?
- The lowest recorded value was 0.1% in 1996.
- How does Namibia rank for adjusted savings: mineral depletion?
- Namibia ranks 29th out of 208 countries with data for 2021.
- Is adjusted savings: mineral depletion rising or falling in Namibia?
- Over the last ten years it is up 109.9%. 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 (% of GNI). 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 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.