Gross Fixed Capital: Value Standard … 2015 Standard Local Currency in Namibia

Namibia: Gross Fixed Capital: Value Standard … 2015 Standard Local Currency was 39,978 million SLC in 2024. ◆ Volatile

Latest (2024)
39,978 million SLC
Change on year
down 7.9%
World rank
132nd
of 222 countries
All-time high
47,668 million SLC
in 2014
All-time low
3,805 million SLC
in 1986
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Namibia, 1970–2024

010.0k20.0k30.0k40.0k50.0k197019972024

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

The most recent figure for gross fixed capital formation — value standard local currency, 2015 in Namibia is 39,978 million SLC, measured in 2024.

The figure is down 7.9% on the previous year and down 16.1% over ten years.

Over the whole period, gross fixed capital formation — value standard local currency, 2015 in Namibia peaked at 47,668 million SLC in 2014 and was at its lowest, 3,805 million SLC, in 1986.

That places Namibia 132nd out of 222 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Gross Fixed Capital: Value Standard … 2015 Standard Local Currency in Namibia, year by year

Annual values for Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices in Namibia, 1970 to 2024.
Year million SLC Change
1970 5,460 million SLC —
1971 5,750 million SLC +5.3%
1972 5,866 million SLC +2.0%
1973 6,081 million SLC +3.7%
1974 6,540 million SLC +7.5%
1975 6,689 million SLC +2.3%
1976 6,705 million SLC +0.2%
1977 6,865 million SLC +2.4%
1978 6,991 million SLC +1.8%
1979 6,899 million SLC -1.3%
1980 8,322 million SLC +20.6%
1981 7,549 million SLC -9.3%
1982 6,226 million SLC -17.5%
1983 4,720 million SLC -24.2%
1984 4,048 million SLC -14.2%
1985 4,077 million SLC +0.7%
1986 3,805 million SLC -6.7%
1987 3,986 million SLC +4.8%
1988 4,494 million SLC +12.8%
1989 4,919 million SLC +9.4%
1990 5,942 million SLC +20.8%
1991 4,596 million SLC -22.6%
1992 6,424 million SLC +39.8%
1993 6,780 million SLC +5.5%
1994 7,239 million SLC +6.8%
1995 8,334 million SLC +15.1%
1996 9,781 million SLC +17.4%
1997 8,480 million SLC -13.3%
1998 10,543 million SLC +24.3%
1999 10,986 million SLC +4.2%
2000 9,996 million SLC -9.0%
2001 13,524 million SLC +35.3%
2002 13,419 million SLC -0.8%
2003 12,749 million SLC -5.0%
2004 13,542 million SLC +6.2%
2005 14,029 million SLC +3.6%
2006 18,208 million SLC +29.8%
2007 20,419 million SLC +12.1%
2008 24,094 million SLC +18.0%
2009 27,584 million SLC +14.5%
2010 27,253 million SLC -1.2%
2011 26,064 million SLC -4.4%
2012 34,197 million SLC +31.2%
2013 38,816 million SLC +13.5%
2014 47,668 million SLC +22.8%
2015 45,248 million SLC -5.1%
2016 32,704 million SLC -27.7%
2017 28,216 million SLC -13.7%
2018 26,531 million SLC -6.0%
2019 24,004 million SLC -9.5%
2020 19,762 million SLC -17.7%
2021 23,310 million SLC +18.0%
2022 25,638 million SLC +10.0%
2023 43,408 million SLC +69.3%
2024 39,978 million SLC -7.9%

Namibia compared with similar countries

  • Namibia's 39,978 million SLC is below the median for lower middle income countries, which is 195,773 million SLC, 20% of the median. (44 countries reporting)
  • Namibia's 39,978 million SLC is below the median for Sub-Saharan Africa, which is 523,640 million SLC, 8% of the median. (45 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 6,385 million SLC 5,460 million SLC 6,991 million SLC 10
1980s 5,215 million SLC 3,805 million SLC 8,322 million SLC 10
1990s 7,910 million SLC 4,596 million SLC 10,986 million SLC 10
2000s 16,757 million SLC 9,996 million SLC 27,584 million SLC 10
2010s 33,070 million SLC 24,004 million SLC 47,668 million SLC 10
2020s 30,419 million SLC 19,762 million SLC 43,408 million SLC 5

Countries ranked near Namibia

  1. 129 Finland 46,572 million SLC compare
  2. 130 Botswana 45,110 million SLC compare
  3. 131 Portugal 41,957 million SLC compare
  4. 133 Tajikistan 34,697 million SLC compare
  5. 134 Sudan 32,866 million SLC compare
  6. 135 Greece 32,825 million SLC compare

See the full ranking of 223 places →

More economy & growth data for Namibia

All data for Namibia →

Frequently asked questions

What is gross fixed capital formation — value standard local currency, 2015 in Namibia?
Gross fixed capital formation — value standard local currency, 2015 in Namibia was 39,978 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest gross fixed capital formation — value standard local currency, 2015 recorded in Namibia?
The highest recorded value was 47,668 million SLC in 2014.
What is the lowest gross fixed capital formation — value standard local currency, 2015 recorded in Namibia?
The lowest recorded value was 3,805 million SLC in 1986.
How does Namibia rank for gross fixed capital formation — value standard local currency, 2015?
Namibia ranks 132nd out of 222 countries with data for 2024.
Is gross fixed capital formation — value standard local currency, 2015 rising or falling in Namibia?
Over the last ten years it is down 16.1%. 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 — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.

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Gross Fixed Capital Formation — Value Standard Local Currency, 2015 in Namibia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 12 October 2026, from https://economy.statizoid.com/stat/gross-fixed-capital-formation-value-standard-local-currency-2015-prices/namibia/

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About this data

Indicator
Gross Fixed Capital Formation — Value Standard Local Currency, 2015 prices
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
223 places, 11,467 data points, 1970–2024
Last refreshed

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).