Adjusted savings: net national savings in Namibia
Namibia: Adjusted savings: net national savings was -5.5% in 2021. ◆ Volatile
Adjusted savings: net national savings in Namibia, 1990–2021
Source: Staff estimates, World Bank (WB). Measured in % of GNI.
Analysis
Namibia recorded -5.5% for adjusted savings: net national savings in 2021. That is the lowest value across all 32 years on record.
Compared with earlier readings it is down 193.8% on the previous year and down 265.3% over ten years.
Over the whole period, adjusted savings: net national savings in Namibia peaked at 24.8% in 1990 and was at its lowest, -5.5%, in 2021.
That places Namibia 167th out of 177 countries with data for 2021, putting it 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 | % of GNI | Change |
|---|---|---|
| 1990 | 24.8% | — |
| 1991 | 13.9% | -44.0% |
| 1992 | 17.2% | +24.4% |
| 1993 | 14.4% | -16.8% |
| 1994 | 19.5% | +35.6% |
| 1995 | 19.6% | +0.7% |
| 1996 | 18.0% | -8.3% |
| 1997 | 14.9% | -17.3% |
| 1998 | 16.5% | +10.8% |
| 1999 | 13.4% | -18.6% |
| 2000 | 16.8% | +25.0% |
| 2001 | 11.5% | -31.6% |
| 2002 | 14.8% | +29.4% |
| 2003 | 13.2% | -10.9% |
| 2004 | 18.2% | +37.4% |
| 2005 | 18.7% | +3.0% |
| 2006 | 24.1% | +28.8% |
| 2007 | 18.4% | -23.8% |
| 2008 | 16.1% | -12.4% |
| 2009 | 5.4% | -66.6% |
| 2010 | 7.9% | +46.5% |
| 2011 | 3.3% | -58.1% |
| 2012 | 4.4% | +32.2% |
| 2013 | 8.1% | +86.2% |
| 2014 | 12.0% | +47.5% |
| 2015 | 5.3% | -55.6% |
| 2016 | -5.2% | -197.1% |
| 2017 | 2.6% | -151.2% |
| 2018 | 1.1% | -58.3% |
| 2019 | 2.1% | +91.9% |
| 2020 | 5.8% | +174.3% |
| 2021 | -5.5% | -193.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 17.2% | 13.4% | 24.8% | 10 |
| 2000s | 15.7% | 5.4% | 24.1% | 10 |
| 2010s | 4.2% | -5.2% | 12.0% | 10 |
| 2020s | 0.2% | -5.5% | 5.8% | 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)
- Imports of goods and services (constant 2015 US$), annual growth rate -3.69 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.6878 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 3,354 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth 17.84 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth 19.81 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 5.41 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 1.25 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 6,096 current LCU per person (2025)
Frequently asked questions
- What is adjusted savings: net national savings in Namibia?
- Adjusted savings: net national savings in Namibia was -5.5% 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 24.8% in 1990.
- What is the lowest adjusted savings: net national savings recorded in Namibia?
- The lowest recorded value was -5.5% in 2021.
- How does Namibia rank for adjusted savings: net national savings?
- Namibia ranks 167th 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 265.3%. 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 (% of GNI). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.