Annual growth of general government final consumption expenditure in Namibia
Namibia: Annual growth of general government final consumption expenditure was 1.02 in 2023. ◆ Volatile
Annual growth of general government final consumption expenditure in Namibia, 2000–2023
Source: Our World in Data.
Analysis
Namibia recorded 1.02 for annual growth of general government final consumption expenditure in 2023.
Compared with earlier readings it is up 75.9% on the previous year and down 78.8% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Namibia peaked at 12.57 in 2007 and was at its lowest, -5.92, in 2005.
That places Namibia 107th out of 167 countries with data for 2023, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.27 | — |
| 2001 | 2.91 | +129.1% |
| 2002 | -2.58 | -188.7% |
| 2003 | 3.14 | -221.7% |
| 2004 | 4.97 | +58.3% |
| 2005 | -5.92 | -219.1% |
| 2006 | 10.98 | -285.5% |
| 2007 | 12.57 | +14.5% |
| 2008 | 10.24 | -18.5% |
| 2009 | 3.84 | -62.5% |
| 2010 | 1.01 | -73.7% |
| 2011 | 6.67 | +560.4% |
| 2012 | 3.26 | -51.1% |
| 2013 | 4.82 | +47.9% |
| 2014 | 4.38 | -9.1% |
| 2015 | 12.11 | +176.5% |
| 2016 | 1.07 | -91.2% |
| 2017 | -2.08 | -294.4% |
| 2018 | -0.25 | -88.0% |
| 2019 | 1.45 | -680.0% |
| 2020 | 0.35 | -75.9% |
| 2021 | 1.31 | +274.3% |
| 2022 | 0.58 | -55.7% |
| 2023 | 1.02 | +75.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.14 | -5.92 | 12.57 | 10 |
| 2010s | 3.24 | -2.08 | 12.11 | 10 |
| 2020s | 0.815 | 0.35 | 1.31 | 4 |
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)
- Services, value added (current US$), annual growth rate 12.44 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5498 current US$ per US$ of GDP (2025)
- Services, value added (current US$), per capita 2,681 current US$ per person (2025)
- Services, value added (current LCU), annual growth rate 9.74 % change on previous year (2025)
- Services, value added (current LCU), per unit of GDP 9.84 current LCU per US$ of GDP (2025)
- Services, value added (current LCU), per capita 47,958 current LCU per person (2025)
- Services, value added (constant 2015 US$), annual growth rate 4.24 % change on previous year (2025)
- Services, value added (constant 2015 US$), per unit of GDP 0.4896 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Namibia?
- Annual growth of general government final consumption expenditure in Namibia was 1.02 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Namibia?
- The highest recorded value was 12.57 in 2007.
- What is the lowest annual growth of general government final consumption expenditure recorded in Namibia?
- The lowest recorded value was -5.92 in 2005.
- How does Namibia rank for annual growth of general government final consumption expenditure?
- Namibia ranks 107th out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Namibia?
- Over the last ten years it is down 78.8%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).