Adjusted savings: natural resources depletion in Namibia
Namibia: Adjusted savings: natural resources depletion was 3.1% in 2021. ◆ Volatile
Adjusted savings: natural resources depletion in Namibia, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Namibia recorded 3.1% for adjusted savings: natural resources depletion in 2021.
The figure is up 93.6% on the previous year and up 97.9% over ten years.
Over the whole period, adjusted savings: natural resources depletion in Namibia peaked at 4.7% in 1990 and was at its lowest, 0.4%, in 1993.
That places Namibia 71st out of 184 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: natural resources depletion in Namibia, year by year
| Year | % of GNI | Change |
|---|---|---|
| 1990 | 4.7% | — |
| 1991 | 0.8% | -82.2% |
| 1992 | 0.5% | -37.4% |
| 1993 | 0.4% | -22.6% |
| 1994 | 0.5% | +16.1% |
| 1995 | 0.7% | +42.9% |
| 1996 | 0.6% | -13.6% |
| 1997 | 0.7% | +26.4% |
| 1998 | 0.7% | -10.0% |
| 1999 | 0.5% | -31.6% |
| 2000 | 0.5% | +10.3% |
| 2001 | 0.5% | +7.4% |
| 2002 | 0.6% | +2.8% |
| 2003 | 0.8% | +38.3% |
| 2004 | 0.7% | -14.5% |
| 2005 | 0.9% | +38.5% |
| 2006 | 1.9% | +112.8% |
| 2007 | 4.5% | +130.9% |
| 2008 | 1.7% | -62.6% |
| 2009 | 1.5% | -12.0% |
| 2010 | 1.6% | +10.2% |
| 2011 | 1.5% | -4.3% |
| 2012 | 1.4% | -11.7% |
| 2013 | 0.9% | -31.0% |
| 2014 | 1.3% | +39.1% |
| 2015 | 1.6% | +21.7% |
| 2016 | 2.2% | +36.2% |
| 2017 | 2.5% | +15.2% |
| 2018 | 1.1% | -57.8% |
| 2019 | 1.2% | +17.0% |
| 2020 | 1.6% | +27.8% |
| 2021 | 3.1% | +93.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.0% | 0.4% | 4.7% | 10 |
| 2000s | 1.3% | 0.5% | 4.5% | 10 |
| 2010s | 1.5% | 0.9% | 2.5% | 10 |
| 2020s | 2.3% | 1.6% | 3.1% | 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)
- Gross capital formation (current US$), annual growth rate -20.63 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.1868 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 910.6 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate -22.54 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 3.34 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 16,290 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -25.63 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1678 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: natural resources depletion in Namibia?
- Adjusted savings: natural resources depletion in Namibia was 3.1% in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: natural resources depletion recorded in Namibia?
- The highest recorded value was 4.7% in 1990.
- What is the lowest adjusted savings: natural resources depletion recorded in Namibia?
- The lowest recorded value was 0.4% in 1993.
- How does Namibia rank for adjusted savings: natural resources depletion?
- Namibia ranks 71st out of 184 countries with data for 2021.
- Is adjusted savings: natural resources depletion rising or falling in Namibia?
- Over the last ten years it is up 97.9%. 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: natural resources depletion (% of GNI). Statizoid updates them automatically from the source API.
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About this data
Natural resource depletion is the sum of net forest depletion, energy depletion, and mineral depletion. Net forest depletion is unit resource rents times the excess of roundwood harvest over natural growth. Energy depletion is the ratio of the value of the stock of energy resources to the remaining reserve lifetime (capped at 25 years). It covers coal, crude oil, and natural gas. 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.