Gross Fixed Capital Formation β Annual growth US$ in Namibia
Namibia: Gross Fixed Capital Formation β Annual growth US$ was -2.3 % in 2024. β Volatile
Gross Fixed Capital Formation β Annual growth US$ in Namibia, 1971β2024
Source: Food and Agriculture Organization of the United Nations. Measured in %.
Analysis
In 2024, gross fixed capital formation β annual growth us$ in Namibia stood at -2.3 %.
Compared with earlier readings it is down 104.2% on the previous year and down 113.8% over ten years.
Over the whole period, gross fixed capital formation β annual growth us$ in Namibia peaked at 54.14 % in 2023 and was at its lowest, -33.38 %, in 2016.
Namibia ranks 184th of 219 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 12.15 % | -4.87 % | 26.54 % | 9 |
| 1980s | 2.5 % | -30.15 % | 53.42 % | 10 |
| 1990s | 9.48 % | -19.54 % | 47.67 % | 10 |
| 2000s | 13.4 % | -17.51 % | 40.42 % | 10 |
| 2010s | -0.6891 % | -33.38 % | 19.85 % | 10 |
| 2020s | 13.65 % | -26.78 % | 54.14 % | 5 |
Countries ranked near Namibia
- 181 Brunei Darussalam -1.97 % compare
- 182 Uruguay -1.98 % compare
- 183 Papua New Guinea -2.2 % compare
- 185 United Republic of Tanzania -2.58 % compare
- 186 Czechoslovakia -2.79 % compare
- 187 Estonia -3.18 % compare
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 gross fixed capital formation β annual growth us$ in Namibia?
- Gross fixed capital formation β annual growth us$ in Namibia was -2.3 % in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation β annual growth us$ recorded in Namibia?
- The highest recorded value was 54.14 % in 2023.
- What is the lowest gross fixed capital formation β annual growth us$ recorded in Namibia?
- The lowest recorded value was -33.38 % in 2016.
- How does Namibia rank for gross fixed capital formation β annual growth us$?
- Namibia ranks 184th out of 219 countries with data for 2024.
- Is gross fixed capital formation β annual growth us$ rising or falling in Namibia?
- Over the last ten years it is down 113.8%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation β Annual growth US$. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 54 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).