Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Namibia
Namibia: Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth was -7.9 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Namibia, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross fixed capital formation — value us$, 2015 prices, annual growth in Namibia stood at -7.9 % change on previous year.
That represents a change of down 111.4% on the previous year and down 134.7% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices, annual growth in Namibia peaked at 69.31 % change on previous year in 2023 and was at its lowest, -27.72 % change on previous year, in 2016.
That places Namibia 222nd out of 235 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Namibia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 5.3 % change on previous year | — |
| 1972 | 2.03 % change on previous year | -61.7% |
| 1973 | 3.66 % change on previous year | +80.5% |
| 1974 | 7.54 % change on previous year | +105.8% |
| 1975 | 2.28 % change on previous year | -69.8% |
| 1976 | 0.2432 % change on previous year | -89.3% |
| 1977 | 2.38 % change on previous year | +880.2% |
| 1978 | 1.84 % change on previous year | -22.9% |
| 1979 | -1.32 % change on previous year | -171.6% |
| 1980 | 20.61 % change on previous year | -1666.1% |
| 1981 | -9.28 % change on previous year | -145.0% |
| 1982 | -17.53 % change on previous year | +88.9% |
| 1983 | -24.19 % change on previous year | +38.0% |
| 1984 | -14.23 % change on previous year | -41.2% |
| 1985 | 0.7185 % change on previous year | -105.1% |
| 1986 | -6.67 % change on previous year | -1028.8% |
| 1987 | 4.75 % change on previous year | -171.2% |
| 1988 | 12.76 % change on previous year | +168.5% |
| 1989 | 9.44 % change on previous year | -26.0% |
| 1990 | 20.8 % change on previous year | +120.3% |
| 1991 | -22.65 % change on previous year | -208.9% |
| 1992 | 39.76 % change on previous year | -275.6% |
| 1993 | 5.54 % change on previous year | -86.1% |
| 1994 | 6.78 % change on previous year | +22.3% |
| 1995 | 15.13 % change on previous year | +123.3% |
| 1996 | 17.36 % change on previous year | +14.8% |
| 1997 | -13.3 % change on previous year | -176.6% |
| 1998 | 24.34 % change on previous year | -283.0% |
| 1999 | 4.2 % change on previous year | -82.8% |
| 2000 | -9.01 % change on previous year | -314.6% |
| 2001 | 35.28 % change on previous year | -491.7% |
| 2002 | -0.7735 % change on previous year | -102.2% |
| 2003 | -4.99 % change on previous year | +545.4% |
| 2004 | 6.22 % change on previous year | -224.6% |
| 2005 | 3.59 % change on previous year | -42.2% |
| 2006 | 29.79 % change on previous year | +728.9% |
| 2007 | 12.14 % change on previous year | -59.2% |
| 2008 | 18 % change on previous year | +48.2% |
| 2009 | 14.48 % change on previous year | -19.5% |
| 2010 | -1.2 % change on previous year | -108.3% |
| 2011 | -4.36 % change on previous year | +264.3% |
| 2012 | 31.2 % change on previous year | -815.2% |
| 2013 | 13.51 % change on previous year | -56.7% |
| 2014 | 22.8 % change on previous year | +68.8% |
| 2015 | -5.08 % change on previous year | -122.3% |
| 2016 | -27.72 % change on previous year | +446.1% |
| 2017 | -13.72 % change on previous year | -50.5% |
| 2018 | -5.97 % change on previous year | -56.5% |
| 2019 | -9.52 % change on previous year | +59.5% |
| 2020 | -17.67 % change on previous year | +85.6% |
| 2021 | 17.95 % change on previous year | -201.6% |
| 2022 | 9.99 % change on previous year | -44.4% |
| 2023 | 69.31 % change on previous year | +594.0% |
| 2024 | -7.9 % change on previous year | -111.4% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1980 | +1666.1% | -1.32 % change on previous year | 20.61 % change on previous year |
| 1986 | -1028.8% | 0.7185 % change on previous year | -6.67 % change on previous year |
| 1977 | +880.2% | 0.2432 % change on previous year | 2.38 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 2.66 % change on previous year | -1.32 % change on previous year | 7.54 % change on previous year | 9 |
| 1980s | -2.36 % change on previous year | -24.19 % change on previous year | 20.61 % change on previous year | 10 |
| 1990s | 9.79 % change on previous year | -22.65 % change on previous year | 39.76 % change on previous year | 10 |
| 2000s | 10.47 % change on previous year | -9.01 % change on previous year | 35.28 % change on previous year | 10 |
| 2010s | -0.0064 % change on previous year | -27.72 % change on previous year | 31.2 % change on previous year | 10 |
| 2020s | 14.33 % change on previous year | -17.67 % change on previous year | 69.31 % change on previous year | 5 |
Countries ranked near Namibia
- 219 Estonia -6.93 % change on previous year compare
- 220 Finland -7.09 % change on previous year compare
- 221 Luxembourg -7.25 % change on previous year compare
- 223 Libya -8.36 % change on previous year compare
- 224 Trinidad and Tobago -8.6 % change on previous year compare
- 225 Hungary -11.05 % change on previous year compare
More economy & growth data for Namibia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.64 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$, 2015 prices, annual growth in Namibia?
- Gross fixed capital formation — value us$, 2015 prices, annual growth in Namibia was -7.9 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Namibia?
- The highest recorded value was 69.31 % change on previous year in 2023.
- What is the lowest gross fixed capital formation — value us$, 2015 prices, annual growth recorded in Namibia?
- The lowest recorded value was -27.72 % change on previous year in 2016.
- How does Namibia rank for gross fixed capital formation — value us$, 2015 prices, annual growth?
- Namibia ranks 222nd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices, annual growth rising or falling in Namibia?
- Over the last ten years it is down 134.7%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation — Value US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation — Value US$, 2015 prices 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 US$, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.