Gross Fixed Capital Formation — Value Standard Local Currency, per in Namibia
Namibia: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0191 million SLC per person in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value Standard Local Currency, per in Namibia, 1970–2024
Source: Statizoid (derived). Measured in million SLC per person.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Namibia is 0.0191 million SLC per person, measured in 2024.
The figure is down 5.1% on the previous year and down 6.6% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Namibia peaked at 0.0205 million SLC per person in 2014 and was at its lowest, 0.0001 million SLC per person, in 1970.
That places Namibia 104th out of 194 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 Formation — Value Standard Local Currency, per in Namibia, year by year
| Year | million SLC per person | Change |
|---|---|---|
| 1970 | 0.0001 million SLC per person | — |
| 1971 | 0.0001 million SLC per person | +8.0% |
| 1972 | 0.0002 million SLC per person | +5.4% |
| 1973 | 0.0002 million SLC per person | +10.3% |
| 1974 | 0.0002 million SLC per person | +16.2% |
| 1975 | 0.0002 million SLC per person | +12.8% |
| 1976 | 0.0002 million SLC per person | +8.7% |
| 1977 | 0.0003 million SLC per person | +9.5% |
| 1978 | 0.0003 million SLC per person | +13.7% |
| 1979 | 0.0003 million SLC per person | +12.7% |
| 1980 | 0.0005 million SLC per person | +39.2% |
| 1981 | 0.0005 million SLC per person | +1.3% |
| 1982 | 0.0005 million SLC per person | -5.9% |
| 1983 | 0.0004 million SLC per person | -14.8% |
| 1984 | 0.0004 million SLC per person | -10.0% |
| 1985 | 0.0004 million SLC per person | +13.4% |
| 1986 | 0.0004 million SLC per person | +9.5% |
| 1987 | 0.0005 million SLC per person | +15.0% |
| 1988 | 0.0006 million SLC per person | +25.3% |
| 1989 | 0.0008 million SLC per person | +20.3% |
| 1990 | 0.001 million SLC per person | +27.8% |
| 1991 | 0.0008 million SLC per person | -16.9% |
| 1992 | 0.0012 million SLC per person | +47.8% |
| 1993 | 0.0013 million SLC per person | +10.3% |
| 1994 | 0.0015 million SLC per person | +11.2% |
| 1995 | 0.0018 million SLC per person | +21.3% |
| 1996 | 0.0022 million SLC per person | +22.2% |
| 1997 | 0.002 million SLC per person | -9.4% |
| 1998 | 0.0025 million SLC per person | +28.1% |
| 1999 | 0.0027 million SLC per person | +7.4% |
| 2000 | 0.0025 million SLC per person | -8.5% |
| 2001 | 0.0034 million SLC per person | +39.1% |
| 2002 | 0.0037 million SLC per person | +8.6% |
| 2003 | 0.0037 million SLC per person | -0.7% |
| 2004 | 0.0041 million SLC per person | +9.8% |
| 2005 | 0.0044 million SLC per person | +7.1% |
| 2006 | 0.0059 million SLC per person | +34.2% |
| 2007 | 0.0067 million SLC per person | +14.5% |
| 2008 | 0.0087 million SLC per person | +29.1% |
| 2009 | 0.0101 million SLC per person | +16.7% |
| 2010 | 0.0099 million SLC per person | -2.2% |
| 2011 | 0.0095 million SLC per person | -3.7% |
| 2012 | 0.0125 million SLC per person | +31.6% |
| 2013 | 0.0162 million SLC per person | +29.3% |
| 2014 | 0.0205 million SLC per person | +26.4% |
| 2015 | 0.0191 million SLC per person | -7.0% |
| 2016 | 0.0141 million SLC per person | -26.0% |
| 2017 | 0.0123 million SLC per person | -13.0% |
| 2018 | 0.0119 million SLC per person | -3.4% |
| 2019 | 0.0108 million SLC per person | -9.1% |
| 2020 | 0.0087 million SLC per person | -19.0% |
| 2021 | 0.0105 million SLC per person | +19.8% |
| 2022 | 0.0119 million SLC per person | +13.8% |
| 2023 | 0.0202 million SLC per person | +69.5% |
| 2024 | 0.0191 million SLC per person | -5.1% |
Namibia compared with similar countries
- Namibia's 0.0191 million SLC per person is below the median for lower middle income countries, which is 0.0501 million SLC per person, 38% of the median. (44 countries reporting)
- Namibia's 0.0191 million SLC per person is below the median for Sub-Saharan Africa, which is 0.0989 million SLC per person, 19% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0002 million SLC per person | 0.0001 million SLC per person | 0.0003 million SLC per person | 10 |
| 1980s | 0.0005 million SLC per person | 0.0004 million SLC per person | 0.0008 million SLC per person | 10 |
| 1990s | 0.0017 million SLC per person | 0.0008 million SLC per person | 0.0027 million SLC per person | 10 |
| 2000s | 0.0053 million SLC per person | 0.0025 million SLC per person | 0.0101 million SLC per person | 10 |
| 2010s | 0.0137 million SLC per person | 0.0095 million SLC per person | 0.0205 million SLC per person | 10 |
| 2020s | 0.0141 million SLC per person | 0.0087 million SLC per person | 0.0202 million SLC per person | 5 |
Countries ranked near Namibia
- 101 Nicaragua 0.0202 million SLC per person compare
- 102 Luxembourg 0.0199 million SLC per person compare
- 103 Saint Kitts and Nevis 0.0194 million SLC per person compare
- 105 Mauritania 0.019 million SLC per person compare
- 106 United States 0.0185 million SLC per person compare
- 107 Ethiopia 0.0171 million SLC per person 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 44.40 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 14.65 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.93 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -15.67 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1418 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 638.56 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value standard local currency, per in Namibia?
- Gross fixed capital formation — value standard local currency, per in Namibia was 0.0191 million SLC per person in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value standard local currency, per recorded in Namibia?
- The highest recorded value was 0.0205 million SLC per person in 2014.
- What is the lowest gross fixed capital formation — value standard local currency, per recorded in Namibia?
- The lowest recorded value was 0.0001 million SLC per person in 1970.
- How does Namibia rank for gross fixed capital formation — value standard local currency, per?
- Namibia ranks 104th out of 194 countries with data for 2024.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Namibia?
- Over the last ten years it is down 6.6%. 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, per capita. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Fixed Capital Formation — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Fixed Capital Formation — Value Standard Local Currency ÷ Population, total
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Population, total World Population Prospects, United Nations (UN)
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
Gross Fixed Capital Formation — Value Standard Local Currency divided by Population, total, matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.