Adjusted savings: net national savings (current US$) in Namibia
Namibia: Adjusted savings: net national savings was -658.12 million current US$ in 2021. ◆ Volatile
Adjusted savings: net national savings in Namibia, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Namibia recorded -658.12 million current US$ for adjusted savings: net national savings in 2021. That is the lowest value across all 32 years on record.
The figure is down 207.5% on the previous year and down 266.2% over ten years.
Over the whole period, adjusted savings: net national savings in Namibia peaked at 1.91 billion current US$ in 2006 and was at its lowest, -658.12 million current US$, in 2021.
Namibia ranks 166th of 177 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Adjusted savings: net national savings in Namibia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 703.64 million current US$ | — |
| 1991 | 431.22 million current US$ | -38.7% |
| 1992 | 597.64 million current US$ | +38.6% |
| 1993 | 470.01 million current US$ | -21.4% |
| 1994 | 717.62 million current US$ | +52.7% |
| 1995 | 803.37 million current US$ | +11.9% |
| 1996 | 721.69 million current US$ | -10.2% |
| 1997 | 619.68 million current US$ | -14.1% |
| 1998 | 644.70 million current US$ | +4.0% |
| 1999 | 509.46 million current US$ | -21.0% |
| 2000 | 660.39 million current US$ | +29.6% |
| 2001 | 406.36 million current US$ | -38.5% |
| 2002 | 503.63 million current US$ | +23.9% |
| 2003 | 681.76 million current US$ | +35.4% |
| 2004 | 1.21 billion current US$ | +78.2% |
| 2005 | 1.33 billion current US$ | +9.8% |
| 2006 | 1.91 billion current US$ | +43.3% |
| 2007 | 1.57 billion current US$ | -17.6% |
| 2008 | 1.35 billion current US$ | -14.5% |
| 2009 | 465.19 million current US$ | -65.4% |
| 2010 | 852.79 million current US$ | +83.3% |
| 2011 | 396.00 million current US$ | -53.6% |
| 2012 | 545.82 million current US$ | +37.8% |
| 2013 | 975.17 million current US$ | +78.7% |
| 2014 | 1.48 billion current US$ | +51.9% |
| 2015 | 602.45 million current US$ | -59.3% |
| 2016 | -543.19 million current US$ | -190.2% |
| 2017 | 335.20 million current US$ | -161.7% |
| 2018 | 145.41 million current US$ | -56.6% |
| 2019 | 259.12 million current US$ | +78.2% |
| 2020 | 612.28 million current US$ | +136.3% |
| 2021 | -658.12 million current US$ | -207.5% |
Namibia compared with similar countries
- Namibia's -658.12 million current US$ is below the median for lower middle income countries, which is 1.60 billion current US$. (46 countries reporting)
- Namibia's -658.12 million current US$ is below the median for Sub-Saharan Africa, which is 839.01 million current US$. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 621.90 million current US$ | 431.22 million current US$ | 803.37 million current US$ | 10 |
| 2000s | 1.01 billion current US$ | 406.36 million current US$ | 1.91 billion current US$ | 10 |
| 2010s | 504.96 million current US$ | -543.19 million current US$ | 1.48 billion current US$ | 10 |
| 2020s | -22.92 million current US$ | -658.12 million current US$ | 612.28 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)
- SDRs holdings, US dollar, annual growth rate 2.35 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 74.4 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.53 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 54.32 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -25 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0217 units per US$ of GDP (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Namibia?
- Adjusted savings: net national savings in Namibia was -658.12 million current US$ in 2021, according to Staff estimates, World Bank (WB).
- What is the highest adjusted savings: net national savings recorded in Namibia?
- The highest recorded value was 1.91 billion current US$ in 2006.
- What is the lowest adjusted savings: net national savings recorded in Namibia?
- The lowest recorded value was -658.12 million current US$ in 2021.
- How does Namibia rank for adjusted savings: net national savings?
- Namibia ranks 166th out of 177 countries with data for 2021.
- Is adjusted savings: net national savings rising or falling in Namibia?
- Over the last ten years it is down 266.2%. 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: net national savings (current US$). Statizoid updates them automatically from the source API.
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About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.