Cash surplus/deficit as a proportion of GDP in Namibia
Namibia: Cash surplus/deficit as a proportion of GDP was -36.5% in 2023. ▼ Falling
Cash surplus/deficit as a proportion of GDP in Namibia, 2000–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Namibia recorded -36.5% for cash surplus/deficit as a proportion of gdp in 2023.
Compared with earlier readings it is down 2.2% on the previous year and down 3.0% over ten years.
Over the whole period, cash surplus/deficit as a proportion of gdp in Namibia peaked at -22.9% in 2007 and was at its lowest, -40.3%, in 2020.
That places Namibia 113th out of 141 countries with data for 2023, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 24 years of available data.
Cash surplus/deficit as a proportion of GDP in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -28.1% | — |
| 2001 | -28.9% | +2.8% |
| 2002 | -27.3% | -5.4% |
| 2003 | -28.7% | +4.9% |
| 2004 | -25.6% | -10.7% |
| 2005 | -25.4% | -0.8% |
| 2006 | -24.0% | -5.6% |
| 2007 | -22.9% | -4.3% |
| 2008 | -25.2% | +9.7% |
| 2009 | -27.0% | +7.5% |
| 2010 | -28.1% | +3.9% |
| 2011 | -34.2% | +21.7% |
| 2012 | -31.7% | -7.3% |
| 2013 | -35.4% | +11.9% |
| 2014 | -37.2% | +4.8% |
| 2015 | -38.0% | +2.3% |
| 2016 | -35.5% | -6.7% |
| 2017 | -38.6% | +8.8% |
| 2018 | -35.1% | -9.0% |
| 2019 | -34.5% | -1.6% |
| 2020 | -40.3% | +16.8% |
| 2021 | -37.6% | -6.7% |
| 2022 | -35.7% | -5.0% |
| 2023 | -36.5% | +2.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -26.3% | -28.9% | -22.9% | 10 |
| 2010s | -34.8% | -38.6% | -28.1% | 10 |
| 2020s | -37.5% | -40.3% | -35.7% | 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)
- Manufacturing, value added (constant LCU), per capita 5,174 constant LCU per person (2025)
- Industry (including construction), value added (current US$), annual 8.37 % change on previous year (2025)
- Industry (including construction), value added (current US$), per 0.2895 current US$ per US$ of GDP (2025)
- Industry (including construction), value added (current US$), per 1,412 current US$ per person (2025)
- Industry (including construction), value added (current LCU), annual 5.77 % change on previous year (2025)
- Industry (including construction), value added (current LCU), per 5.18 current LCU per US$ of GDP (2025)
- Industry (including construction), value added (current LCU), per 25,251 current LCU per person (2025)
- Industry (including construction), value added (constant 2015 US$) -3.07 % change on previous year (2025)
Frequently asked questions
- What is cash surplus/deficit as a proportion of gdp in Namibia?
- Cash surplus/deficit as a proportion of gdp in Namibia was -36.5% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest cash surplus/deficit as a proportion of gdp recorded in Namibia?
- The highest recorded value was -22.9% in 2007.
- What is the lowest cash surplus/deficit as a proportion of gdp recorded in Namibia?
- The lowest recorded value was -40.3% in 2020.
- How does Namibia rank for cash surplus/deficit as a proportion of gdp?
- Namibia ranks 113th out of 141 countries with data for 2023.
- Is cash surplus/deficit as a proportion of gdp rising or falling in Namibia?
- Over the last ten years it is down 3.0%. The long-run trend across the full record is falling.
- Where does this Namibia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Cash surplus/deficit as a proportion of GDP (%). Statizoid updates them automatically from the source API.
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