Annual growth of the general government final consumption expenditure in Namibia
Namibia: Annual growth of the general government final consumption expenditure was 3.2% in 2024. ◆ Volatile
Annual growth of the general government final consumption expenditure in Namibia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual growth of the general government final consumption expenditure in Namibia stood at 3.2%.
Compared with earlier readings it is up 137.2% on the previous year and down 27.5% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Namibia peaked at 12.6% in 2007 and was at its lowest, -5.9%, in 2005.
Namibia ranks 74th of 181 countries on this measure, 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 the general government final consumption expenditure in Namibia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.3% | — |
| 2001 | 2.9% | +129.0% |
| 2002 | -2.6% | -188.6% |
| 2003 | 3.1% | -221.8% |
| 2004 | 5.0% | +58.4% |
| 2005 | -5.9% | -219.1% |
| 2006 | 11.0% | -285.5% |
| 2007 | 12.6% | +14.5% |
| 2008 | 10.2% | -18.6% |
| 2009 | 3.8% | -62.5% |
| 2010 | 1.0% | -73.8% |
| 2011 | 6.7% | +562.9% |
| 2012 | 3.3% | -51.1% |
| 2013 | 4.8% | +47.5% |
| 2014 | 4.4% | -9.0% |
| 2015 | 12.1% | +176.5% |
| 2016 | 1.1% | -91.1% |
| 2017 | -2.1% | -294.0% |
| 2018 | -0.2% | -88.2% |
| 2019 | 1.5% | -692.4% |
| 2020 | 0.3% | -76.0% |
| 2021 | 1.3% | +275.0% |
| 2022 | 0.6% | -55.9% |
| 2023 | 1.3% | +131.8% |
| 2024 | 3.2% | +137.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.1% | -5.9% | 12.6% | 10 |
| 2010s | 3.2% | -2.1% | 12.1% | 10 |
| 2020s | 1.4% | 0.3% | 3.2% | 5 |
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 annual growth of the general government final consumption expenditure in Namibia?
- Annual growth of the general government final consumption expenditure in Namibia was 3.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Namibia?
- The highest recorded value was 12.6% in 2007.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Namibia?
- The lowest recorded value was -5.9% in 2005.
- How does Namibia rank for annual growth of the general government final consumption expenditure?
- Namibia ranks 74th out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Namibia?
- Over the last ten years it is down 27.5%. 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 the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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