Gross fixed capital formation, Private sector, Current prices in Namibia
Namibia: Gross fixed capital formation, Private sector, Current prices was -2.47 % change on previous year in 2019. ◆ Volatile
Gross fixed capital formation, Private sector, Current prices in Namibia, 1971–2019
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Namibia recorded -2.47 % change on previous year for gross fixed capital formation, private sector, current prices in 2019.
The figure is up 18.3% on the previous year and down 109.3% over ten years.
Over the whole period, gross fixed capital formation, private sector, current prices in Namibia peaked at 54.08 % change on previous year in 1998 and was at its lowest, -28.39 % change on previous year, in 2016.
Namibia ranks 148th of 174 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross fixed capital formation, Private sector, Current prices in Namibia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 11.22 % change on previous year | — |
| 1972 | 8.64 % change on previous year | -23.0% |
| 1973 | 13.65 % change on previous year | +57.9% |
| 1974 | 19.78 % change on previous year | +44.9% |
| 1975 | 16.32 % change on previous year | -17.5% |
| 1976 | 11.87 % change on previous year | -27.3% |
| 1977 | 12.49 % change on previous year | +5.3% |
| 1978 | 15.65 % change on previous year | +25.2% |
| 1979 | 14.59 % change on previous year | -6.7% |
| 1980 | 41.91 % change on previous year | +187.2% |
| 1981 | 2.48 % change on previous year | -94.1% |
| 1982 | -4.18 % change on previous year | -268.6% |
| 1983 | -12.51 % change on previous year | +199.3% |
| 1984 | -7.51 % change on previous year | -40.0% |
| 1985 | 16.71 % change on previous year | -322.6% |
| 1986 | 12.93 % change on previous year | -22.7% |
| 1987 | 18.78 % change on previous year | +45.3% |
| 1988 | 29.84 % change on previous year | +58.9% |
| 1989 | 39.56 % change on previous year | +32.6% |
| 1990 | 29.29 % change on previous year | -26.0% |
| 1991 | -25.96 % change on previous year | -188.6% |
| 1992 | 49.6 % change on previous year | -291.1% |
| 1993 | 43.1 % change on previous year | -13.1% |
| 1994 | 12.49 % change on previous year | -71.0% |
| 1995 | 32.86 % change on previous year | +163.0% |
| 1996 | 26.88 % change on previous year | -18.2% |
| 1997 | -23.36 % change on previous year | -186.9% |
| 1998 | 54.08 % change on previous year | -331.5% |
| 1999 | -13.38 % change on previous year | -124.8% |
| 2000 | 21.32 % change on previous year | -259.3% |
| 2001 | 30.44 % change on previous year | +42.8% |
| 2002 | 26.17 % change on previous year | -14.0% |
| 2003 | -5.51 % change on previous year | -121.0% |
| 2004 | 14.48 % change on previous year | -362.9% |
| 2005 | 9.78 % change on previous year | -32.4% |
| 2006 | 46.1 % change on previous year | +371.3% |
| 2007 | 7.26 % change on previous year | -84.2% |
| 2008 | 40.35 % change on previous year | +455.6% |
| 2009 | 26.65 % change on previous year | -34.0% |
| 2010 | -10.02 % change on previous year | -137.6% |
| 2011 | -12.75 % change on previous year | +27.3% |
| 2012 | 53.87 % change on previous year | -522.5% |
| 2013 | 41.33 % change on previous year | -23.3% |
| 2014 | 32.82 % change on previous year | -20.6% |
| 2015 | -8.72 % change on previous year | -126.6% |
| 2016 | -28.39 % change on previous year | +225.6% |
| 2017 | -14.31 % change on previous year | -49.6% |
| 2018 | -3.02 % change on previous year | -78.9% |
| 2019 | -2.47 % change on previous year | -18.3% |
Namibia compared with similar countries
- Namibia's -2.47 % change on previous year is below the median for lower middle income countries, which is 8.41 % change on previous year. (41 countries reporting)
- Namibia's -2.47 % change on previous year is below the median for Sub-Saharan Africa, which is 9.9 % change on previous year. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 13.8 % change on previous year | 8.64 % change on previous year | 19.78 % change on previous year | 9 |
| 1980s | 13.8 % change on previous year | -12.51 % change on previous year | 41.91 % change on previous year | 10 |
| 1990s | 18.56 % change on previous year | -25.96 % change on previous year | 54.08 % change on previous year | 10 |
| 2000s | 21.7 % change on previous year | -5.51 % change on previous year | 46.1 % change on previous year | 10 |
| 2010s | 4.84 % change on previous year | -28.39 % change on previous year | 53.87 % change on previous year | 10 |
Countries ranked near Namibia
- 145 Armenia -1.94 % change on previous year compare
- 146 Eswatini -2.08 % change on previous year compare
- 147 Saint Kitts and Nevis -2.09 % change on previous year compare
- 149 South Korea -2.8 % change on previous year compare
- 150 Cape Verde -2.96 % change on previous year compare
- 151 Jordan -3.19 % change on previous year 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)
- IMF holdings of currency, SDR, annual growth rate -28.58 % change on previous year (2025)
- IMF holdings of currency, SDR, per unit of GDP 0.0158 units per US$ of GDP (2025)
- IMF holdings of currency, SDR, per capita 77.2 units per person (2025)
- Lending to the IMF (GRA), SDR, per capita 0 units per person (2025)
- SDR Allocation, US dollar, annual growth rate 5.01 % change on previous year (2025)
- SDR Allocation, US dollar, per unit of GDP 0.0285 units per US$ of GDP (2025)
- SDR Allocation, US dollar, per capita 138.84 units per person (2025)
- SDR Allocation, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation, private sector, current prices in Namibia?
- Gross fixed capital formation, private sector, current prices in Namibia was -2.47 % change on previous year in 2019, according to Statizoid (derived).
- What is the highest gross fixed capital formation, private sector, current prices recorded in Namibia?
- The highest recorded value was 54.08 % change on previous year in 1998.
- What is the lowest gross fixed capital formation, private sector, current prices recorded in Namibia?
- The lowest recorded value was -28.39 % change on previous year in 2016.
- How does Namibia rank for gross fixed capital formation, private sector, current prices?
- Namibia ranks 148th out of 174 countries with data for 2019.
- Is gross fixed capital formation, private sector, current prices rising or falling in Namibia?
- Over the last ten years it is down 109.3%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Statizoid (derived), published as part of Gross fixed capital formation, Private sector, Current prices, Domestic currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 49 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross fixed capital formation, Private sector, Current prices International Monetary Fund
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross fixed capital formation, Private sector, Current prices, Domestic currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.