Gross Fixed Capital Formation — Value Standard Local Currency, per in Namibia
Namibia: Gross Fixed Capital Formation — Value Standard Local Currency, per was 0.0726 million SLC per square kilometre in 2023. ◆ Volatile
Latest (2023)
0.0726 million SLC per square kilometre
Change on year
up 73.8%
World rank
184th
of 194 countries
All-time high
0.0726 million SLC per square kilometre
in 2023
All-time low
0.0001 million SLC per square kilometre
in 1970
Years of data
54
1970–2023
Gross Fixed Capital Formation — Value Standard Local Currency, per in Namibia, 1970–2023
Source: Statizoid (derived). Measured in million SLC per square kilometre.
Analysis
The most recent figure for gross fixed capital formation — value standard local currency, per in Namibia is 0.0726 million SLC per square kilometre, measured in 2023. That is the highest value across all 54 years on record.
The figure is up 73.8% on the previous year and up 63.7% over ten years.
Over the whole period, gross fixed capital formation — value standard local currency, per in Namibia peaked at 0.0726 million SLC per square kilometre in 2023 and was at its lowest, 0.0001 million SLC per square kilometre, in 1970.
Namibia ranks 184th of 194 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 — Value Standard Local Currency, per in Namibia, year by year
| Year | million SLC per square kilometre | Change |
|---|---|---|
| 1970 | 0.0001 million SLC per square kilometre | — |
| 1971 | 0.0001 million SLC per square kilometre | +11.2% |
| 1972 | 0.0002 million SLC per square kilometre | +8.6% |
| 1973 | 0.0002 million SLC per square kilometre | +13.6% |
| 1974 | 0.0002 million SLC per square kilometre | +19.8% |
| 1975 | 0.0002 million SLC per square kilometre | +16.3% |
| 1976 | 0.0003 million SLC per square kilometre | +11.9% |
| 1977 | 0.0003 million SLC per square kilometre | +12.5% |
| 1978 | 0.0004 million SLC per square kilometre | +15.6% |
| 1979 | 0.0004 million SLC per square kilometre | +14.6% |
| 1980 | 0.0006 million SLC per square kilometre | +41.9% |
| 1981 | 0.0006 million SLC per square kilometre | +2.5% |
| 1982 | 0.0006 million SLC per square kilometre | -4.2% |
| 1983 | 0.0005 million SLC per square kilometre | -12.5% |
| 1984 | 0.0005 million SLC per square kilometre | -7.5% |
| 1985 | 0.0005 million SLC per square kilometre | +16.7% |
| 1986 | 0.0006 million SLC per square kilometre | +12.9% |
| 1987 | 0.0007 million SLC per square kilometre | +18.8% |
| 1988 | 0.0009 million SLC per square kilometre | +29.8% |
| 1989 | 0.0012 million SLC per square kilometre | +28.1% |
| 1990 | 0.0016 million SLC per square kilometre | +35.8% |
| 1991 | 0.0014 million SLC per square kilometre | -14.1% |
| 1992 | 0.0021 million SLC per square kilometre | +52.5% |
| 1993 | 0.0024 million SLC per square kilometre | +13.8% |
| 1994 | 0.0028 million SLC per square kilometre | +14.7% |
| 1995 | 0.0035 million SLC per square kilometre | +24.9% |
| 1996 | 0.0043 million SLC per square kilometre | +25.5% |
| 1997 | 0.004 million SLC per square kilometre | -7.0% |
| 1998 | 0.0053 million SLC per square kilometre | +31.4% |
| 1999 | 0.0058 million SLC per square kilometre | +10.1% |
| 2000 | 0.0055 million SLC per square kilometre | -6.3% |
| 2001 | 0.0078 million SLC per square kilometre | +42.1% |
| 2002 | 0.0086 million SLC per square kilometre | +10.6% |
| 2003 | 0.0086 million SLC per square kilometre | +0.8% |
| 2004 | 0.0096 million SLC per square kilometre | +11.3% |
| 2005 | 0.0104 million SLC per square kilometre | +8.5% |
| 2006 | 0.0142 million SLC per square kilometre | +36.0% |
| 2007 | 0.0165 million SLC per square kilometre | +16.0% |
| 2008 | 0.0216 million SLC per square kilometre | +31.0% |
| 2009 | 0.0255 million SLC per square kilometre | +18.4% |
| 2010 | 0.0254 million SLC per square kilometre | -0.7% |
| 2011 | 0.0248 million SLC per square kilometre | -2.1% |
| 2012 | 0.0334 million SLC per square kilometre | +34.5% |
| 2013 | 0.0444 million SLC per square kilometre | +32.7% |
| 2014 | 0.0575 million SLC per square kilometre | +29.7% |
| 2015 | 0.055 million SLC per square kilometre | -4.5% |
| 2016 | 0.0418 million SLC per square kilometre | -23.9% |
| 2017 | 0.0374 million SLC per square kilometre | -10.6% |
| 2018 | 0.0371 million SLC per square kilometre | -0.7% |
| 2019 | 0.0347 million SLC per square kilometre | -6.6% |
| 2020 | 0.0289 million SLC per square kilometre | -16.6% |
| 2021 | 0.0357 million SLC per square kilometre | +23.4% |
| 2022 | 0.0418 million SLC per square kilometre | +17.0% |
| 2023 | 0.0726 million SLC per square kilometre | +73.8% |
Namibia compared with similar countries
- Namibia's 0.0726 million SLC per square kilometre is below the median for lower middle income countries, which is 4.03 million SLC per square kilometre, 2% of the median. (44 countries reporting)
- Namibia's 0.0726 million SLC per square kilometre is below the median for Sub-Saharan Africa, which is 3.96 million SLC per square kilometre, 2% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0002 million SLC per square kilometre | 0.0001 million SLC per square kilometre | 0.0004 million SLC per square kilometre | 10 |
| 1980s | 0.0007 million SLC per square kilometre | 0.0005 million SLC per square kilometre | 0.0012 million SLC per square kilometre | 10 |
| 1990s | 0.0033 million SLC per square kilometre | 0.0014 million SLC per square kilometre | 0.0058 million SLC per square kilometre | 10 |
| 2000s | 0.0128 million SLC per square kilometre | 0.0055 million SLC per square kilometre | 0.0255 million SLC per square kilometre | 10 |
| 2010s | 0.0391 million SLC per square kilometre | 0.0248 million SLC per square kilometre | 0.0575 million SLC per square kilometre | 10 |
| 2020s | 0.0447 million SLC per square kilometre | 0.0289 million SLC per square kilometre | 0.0726 million SLC per square kilometre | 4 |
Countries ranked near Namibia
- 181 Mauritania 0.0885 million SLC per square kilometre compare
- 182 Australia 0.0843 million SLC per square kilometre compare
- 183 Canada 0.0751 million SLC per square kilometre compare
- 185 Jordan 0.0648 million SLC per square kilometre compare
- 186 Belize 0.0579 million SLC per square kilometre compare
- 187 Oman 0.032 million SLC per square kilometre 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 0.0726 million SLC per square kilometre in 2023, 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 0.0726 million SLC per square kilometre in 2023.
- 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 square kilometre in 1970.
- How does Namibia rank for gross fixed capital formation — value standard local currency, per?
- Namibia ranks 184th out of 194 countries with data for 2023.
- Is gross fixed capital formation — value standard local currency, per rising or falling in Namibia?
- Over the last ten years it is up 63.7%. 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 square kilometre. 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
Gross Fixed Capital Formation — Value Standard Local Currency divided by Land area (sq. km), 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 ÷ Land area (sq. km)
Computed from
- Gross Fixed Capital Formation — Value Standard Local Currency Food and Agriculture Organization of the United Nations
- Land area FAOSTAT, Food and Agriculture Organization of the United Nations (FAO)
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 Land area (sq. km), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.