Annual growth of households and NPISHs final consumption expenditure in Namibia
Namibia: Annual growth of households and NPISHs final consumption expenditure was 13.3% in 2024. ◆ Volatile
Annual growth of households and NPISHs final consumption expenditure in Namibia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual growth of households and npishs final consumption expenditure in Namibia is 13.3%, measured in 2024.
Compared with earlier readings it is up 181.7% on the previous year and up 204.7% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Namibia peaked at 15.8% in 2016 and was at its lowest, -9.8%, in 2020.
Namibia ranks 5th of 185 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of households and NPISHs final consumption expenditure in Namibia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 5.8% | — |
| 2001 | 9.0% | +55.2% |
| 2002 | -1.5% | -116.3% |
| 2003 | 8.3% | -667.4% |
| 2004 | 1.9% | -77.1% |
| 2005 | 0.8% | -58.5% |
| 2006 | 8.7% | +1002.6% |
| 2007 | 6.1% | -29.7% |
| 2008 | 12.8% | +109.2% |
| 2009 | 13.9% | +8.8% |
| 2010 | -5.5% | -139.8% |
| 2011 | 8.9% | -260.5% |
| 2012 | 9.6% | +8.1% |
| 2013 | 9.5% | -1.5% |
| 2014 | 4.4% | -53.9% |
| 2015 | 13.7% | +215.2% |
| 2016 | 15.8% | +15.1% |
| 2017 | -6.8% | -142.7% |
| 2018 | -0.2% | -97.2% |
| 2019 | -0.1% | -46.9% |
| 2020 | -9.8% | +9626.4% |
| 2021 | 14.6% | -248.1% |
| 2022 | 9.5% | -34.9% |
| 2023 | 4.7% | -50.3% |
| 2024 | 13.3% | +181.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.6% | -1.5% | 13.9% | 10 |
| 2010s | 4.9% | -6.8% | 15.8% | 10 |
| 2020s | 6.4% | -9.8% | 14.6% | 5 |
Countries ranked near Namibia
- 2 Papua New Guinea 16.6% compare
- 3 United Arab Emirates 14.1% compare
- 4 Kyrgyzstan 13.6% compare
- 6 Mongolia 13.1% compare
- 7 Belarus 12.4% compare
- 8 Seychelles 11.6% 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)
- Final consumption expenditure (constant 2015 US$), per capita 4,790 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 4.71 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 1.19 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 5,813 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 2.2 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 21.33 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 103,994 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate -4.21 % change on previous year (2025)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Namibia?
- Annual growth of households and npishs final consumption expenditure in Namibia was 13.3% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in Namibia?
- The highest recorded value was 15.8% in 2016.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Namibia?
- The lowest recorded value was -9.8% in 2020.
- How does Namibia rank for annual growth of households and npishs final consumption expenditure?
- Namibia ranks 5th out of 185 countries with data for 2024.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Namibia?
- Over the last ten years it is up 204.7%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of households and NPISHs final consumption expenditure (%). Statizoid updates them automatically from the source API.
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