Gross Fixed Capital Formation — Value US$, 2015 prices in Namibia
Namibia: Gross Fixed Capital Formation — Value US$, 2015 prices was 3,103 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$, 2015 prices in Namibia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for gross fixed capital formation — value us$, 2015 prices in Namibia is 3,103 million USD, measured in 2024.
That represents a change of down 7.9% on the previous year and down 16.1% over ten years.
Over the whole period, gross fixed capital formation — value us$, 2015 prices in Namibia peaked at 3,700 million USD in 2014 and was at its lowest, 295.38 million USD, in 1986.
Namibia ranks 152nd of 235 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation — Value US$, 2015 prices in Namibia, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 423.86 million USD | — |
| 1971 | 446.33 million USD | +5.3% |
| 1972 | 455.39 million USD | +2.0% |
| 1973 | 472.08 million USD | +3.7% |
| 1974 | 507.67 million USD | +7.5% |
| 1975 | 519.25 million USD | +2.3% |
| 1976 | 520.51 million USD | +0.2% |
| 1977 | 532.92 million USD | +2.4% |
| 1978 | 542.72 million USD | +1.8% |
| 1979 | 535.58 million USD | -1.3% |
| 1980 | 645.98 million USD | +20.6% |
| 1981 | 586.03 million USD | -9.3% |
| 1982 | 483.29 million USD | -17.5% |
| 1983 | 366.37 million USD | -24.2% |
| 1984 | 314.25 million USD | -14.2% |
| 1985 | 316.51 million USD | +0.7% |
| 1986 | 295.38 million USD | -6.7% |
| 1987 | 309.42 million USD | +4.8% |
| 1988 | 348.89 million USD | +12.8% |
| 1989 | 381.84 million USD | +9.4% |
| 1990 | 461.27 million USD | +20.8% |
| 1991 | 356.81 million USD | -22.6% |
| 1992 | 498.67 million USD | +39.8% |
| 1993 | 526.28 million USD | +5.5% |
| 1994 | 561.94 million USD | +6.8% |
| 1995 | 646.94 million USD | +15.1% |
| 1996 | 759.25 million USD | +17.4% |
| 1997 | 658.25 million USD | -13.3% |
| 1998 | 818.47 million USD | +24.3% |
| 1999 | 852.83 million USD | +4.2% |
| 2000 | 776.01 million USD | -9.0% |
| 2001 | 1,050 million USD | +35.3% |
| 2002 | 1,042 million USD | -0.8% |
| 2003 | 989.7 million USD | -5.0% |
| 2004 | 1,051 million USD | +6.2% |
| 2005 | 1,089 million USD | +3.6% |
| 2006 | 1,413 million USD | +29.8% |
| 2007 | 1,585 million USD | +12.1% |
| 2008 | 1,870 million USD | +18.0% |
| 2009 | 2,141 million USD | +14.5% |
| 2010 | 2,116 million USD | -1.2% |
| 2011 | 2,023 million USD | -4.4% |
| 2012 | 2,655 million USD | +31.2% |
| 2013 | 3,013 million USD | +13.5% |
| 2014 | 3,700 million USD | +22.8% |
| 2015 | 3,513 million USD | -5.1% |
| 2016 | 2,539 million USD | -27.7% |
| 2017 | 2,190 million USD | -13.7% |
| 2018 | 2,060 million USD | -6.0% |
| 2019 | 1,863 million USD | -9.5% |
| 2020 | 1,534 million USD | -17.7% |
| 2021 | 1,810 million USD | +18.0% |
| 2022 | 1,990 million USD | +10.0% |
| 2023 | 3,370 million USD | +69.3% |
| 2024 | 3,103 million USD | -7.9% |
Namibia compared with similar countries
- Namibia's 3,103 million USD is below the median for lower middle income countries, which is 5,259 million USD, 59% of the median. (44 countries reporting)
- Namibia's 3,103 million USD is below the median for Sub-Saharan Africa, which is 3,315 million USD, 94% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 495.63 million USD | 423.86 million USD | 542.72 million USD | 10 |
| 1980s | 404.8 million USD | 295.38 million USD | 645.98 million USD | 10 |
| 1990s | 614.07 million USD | 356.81 million USD | 852.83 million USD | 10 |
| 2000s | 1,301 million USD | 776.01 million USD | 2,141 million USD | 10 |
| 2010s | 2,567 million USD | 1,863 million USD | 3,700 million USD | 10 |
| 2020s | 2,361 million USD | 1,534 million USD | 3,370 million USD | 5 |
Countries ranked near Namibia
- 149 Mauritius 3,315 million USD compare
- 150 Afghanistan 3,201 million USD compare
- 151 Yemen Ar Rp 3,128 million USD compare
- 153 Jamaica 3,024 million USD compare
- 154 Guinea 2,981 million USD compare
- 155 North Macedonia 2,946 million USD 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 in Namibia?
- Gross fixed capital formation — value us$, 2015 prices in Namibia was 3,103 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$, 2015 prices recorded in Namibia?
- The highest recorded value was 3,700 million USD in 2014.
- What is the lowest gross fixed capital formation — value us$, 2015 prices recorded in Namibia?
- The lowest recorded value was 295.38 million USD in 1986.
- How does Namibia rank for gross fixed capital formation — value us$, 2015 prices?
- Namibia ranks 152nd out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$, 2015 prices rising or falling in Namibia?
- Over the last ten years it is down 16.1%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Gross Fixed Capital Formation — Value US$, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
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).