Expense in Namibia
Namibia: Expense was 36.2% in 2023. ▲ Rising
Expense in Namibia, 1991–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for expense in Namibia is 36.2%, measured in 2023.
That represents a change of up 1.2% on the previous year and up 2.0% over ten years.
Over the whole period, expense in Namibia peaked at 40.3% in 2020 and was at its lowest, 22.9%, in 2007.
That places Namibia 30th out of 157 countries with data for 2023, putting it in the top quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.7% | 29.3% | 30.1% | 3 |
| 2000s | 26.3% | 22.9% | 28.9% | 10 |
| 2010s | 34.8% | 28.1% | 38.6% | 10 |
| 2020s | 37.5% | 35.7% | 40.3% | 4 |
Countries ranked near Namibia
More economy & growth data for Namibia
- External balance on goods and services as a percent of gdp -19.23 (2025)
- Inflation of consumer prices 3.51 (2025)
- Gdp per capita worldbank constant usd 4,019 (2025)
- Manufacturing value added to gdp 10.02 (2025)
- Gdp worldbank constant usd 12.43 billion (2025)
- Gdp per capita in international and market dollars 4,019 (2025)
- DEC alternative conversion factor 17.89 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 26.13 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.46 billion current US$ (2025)
- Taxes less subsidies on products 24.49 billion current LCU (2025)
Frequently asked questions
- What is expense in Namibia?
- Expense in Namibia was 36.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Namibia?
- The highest recorded value was 40.3% in 2020.
- What is the lowest expense recorded in Namibia?
- The lowest recorded value was 22.9% in 2007.
- How does Namibia rank for expense?
- Namibia ranks 30th out of 157 countries with data for 2023.
- Is expense rising or falling in Namibia?
- Over the last ten years it is up 2.0%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.