Gross Fixed Capital: Value Standard Local … Gross rate annual growth in Namibia
Namibia: Gross Fixed Capital: Value Standard Local … Gross rate annual growth was -2.92 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, annual in Namibia, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Namibia recorded -2.92 % change on previous year for gross fixed capital formation — value standard local currency, annual in 2024.
Compared with earlier readings it is down 104.0% on the previous year and down 109.8% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, annual in Namibia peaked at 73.84 % change on previous year in 2023 and was at its lowest, -23.93 % change on previous year, in 2016.
Namibia ranks 215th of 230 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: Value Standard Local … Gross rate annual growth 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 | +25.3% |
| 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 | 12.92 % 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 | 28.15 % change on previous year | -5.7% |
| 1990 | 35.78 % change on previous year | +27.1% |
| 1991 | -14.13 % change on previous year | -139.5% |
| 1992 | 52.52 % change on previous year | -471.6% |
| 1993 | 13.83 % change on previous year | -73.7% |
| 1994 | 14.67 % change on previous year | +6.1% |
| 1995 | 24.91 % change on previous year | +69.7% |
| 1996 | 25.51 % change on previous year | +2.4% |
| 1997 | -6.98 % change on previous year | -127.4% |
| 1998 | 31.41 % change on previous year | -549.9% |
| 1999 | 10.14 % change on previous year | -67.7% |
| 2000 | -6.3 % change on previous year | -162.1% |
| 2001 | 42.09 % change on previous year | -767.9% |
| 2002 | 10.56 % change on previous year | -74.9% |
| 2003 | 0.776 % change on previous year | -92.6% |
| 2004 | 11.25 % change on previous year | +1349.9% |
| 2005 | 8.49 % change on previous year | -24.5% |
| 2006 | 35.97 % change on previous year | +323.7% |
| 2007 | 15.99 % change on previous year | -55.6% |
| 2008 | 30.96 % change on previous year | +93.7% |
| 2009 | 18.45 % change on previous year | -40.4% |
| 2010 | -0.6692 % change on previous year | -103.6% |
| 2011 | -2.06 % change on previous year | +208.4% |
| 2012 | 34.52 % change on previous year | -1772.8% |
| 2013 | 32.73 % change on previous year | -5.2% |
| 2014 | 29.73 % change on previous year | -9.2% |
| 2015 | -4.5 % change on previous year | -115.1% |
| 2016 | -23.93 % change on previous year | +431.9% |
| 2017 | -10.62 % change on previous year | -55.6% |
| 2018 | -0.7171 % change on previous year | -93.2% |
| 2019 | -6.55 % change on previous year | +813.8% |
| 2020 | -16.58 % change on previous year | +153.0% |
| 2021 | 23.37 % change on previous year | -241.0% |
| 2022 | 17.05 % change on previous year | -27.0% |
| 2023 | 73.84 % change on previous year | +333.2% |
| 2024 | -2.92 % change on previous year | -104.0% |
Namibia compared with similar countries
- Namibia's -2.92 % change on previous year is below the median for lower middle income countries, which is 7.76 % change on previous year. (44 countries reporting)
- Namibia's -2.92 % change on previous year is below the median for Sub-Saharan Africa, which is 9.3 % change on previous year. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Fixed Capital: Value Standard Local … Gross rate annual growth in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2012 | +1772.8% | -2.06 % change on previous year | 34.52 % change on previous year |
| 2004 | +1349.9% | 0.776 % change on previous year | 11.25 % change on previous year |
| 2019 | -813.8% | -0.7171 % change on previous year | -6.55 % change on previous year |
| 2001 | +767.9% | -6.3 % change on previous year | 42.09 % change on previous year |
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 | 12.66 % change on previous year | -12.51 % change on previous year | 41.91 % change on previous year | 10 |
| 1990s | 18.76 % change on previous year | -14.13 % change on previous year | 52.52 % change on previous year | 10 |
| 2000s | 16.82 % change on previous year | -6.3 % change on previous year | 42.09 % change on previous year | 10 |
| 2010s | 4.79 % change on previous year | -23.93 % change on previous year | 34.52 % change on previous year | 10 |
| 2020s | 18.95 % change on previous year | -16.58 % change on previous year | 73.84 % change on previous year | 5 |
Countries ranked near Namibia
- 212 Slovenia -1.56 % change on previous year compare
- 213 Brunei -2.48 % change on previous year compare
- 213 Brunei Darussalam -2.48 % change on previous year compare
- 216 Estonia -3.28 % change on previous year compare
- 217 Ethiopia PDR -3.68 % change on previous year compare
- 218 Latvia -4.41 % change on previous year compare
More economy & growth data for Namibia
- Real gdp growth, annual growth rate -16.45 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 2.35 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 74.4 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.53 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 54.32 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -25 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, annual in Namibia?
- Gross fixed capital formation — value standard local currency, annual in Namibia was -2.92 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, annual recorded in Namibia?
- The highest recorded value was 73.84 % change on previous year in 2023.
- What is the lowest gross fixed capital formation — value standard local currency, annual recorded in Namibia?
- The lowest recorded value was -23.93 % change on previous year in 2016.
- How does Namibia rank for gross fixed capital formation — value standard local currency, annual?
- Namibia ranks 215th out of 230 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, annual rising or falling in Namibia?
- Over the last ten years it is down 109.8%. 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 — Value Standard Local Currency, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 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 — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
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 — Value Standard Local Currency. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.