Gross Fixed Capital Formation — Value US$ in Namibia
Namibia: Gross Fixed Capital Formation — Value US$ was 3,166 million USD in 2024. ◆ Volatile
Gross Fixed Capital Formation — Value US$ in Namibia, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
In 2024, gross fixed capital formation — value us$ in Namibia stood at 3,166 million USD.
Compared with earlier readings it is down 2.3% on the previous year and down 27.6% over ten years.
Over the whole period, gross fixed capital formation — value us$ in Namibia peaked at 4,370 million USD in 2014 and was at its lowest, 145.96 million USD, in 1970.
Namibia ranks 155th 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$ in Namibia, year by year
| Year | million USD | Change |
|---|---|---|
| 1970 | 145.96 million USD | — |
| 1971 | 163.11 million USD | +11.7% |
| 1972 | 163.5 million USD | +0.2% |
| 1973 | 206.88 million USD | +26.5% |
| 1974 | 253.14 million USD | +22.4% |
| 1975 | 270.55 million USD | +6.9% |
| 1976 | 257.38 million USD | -4.9% |
| 1977 | 289.54 million USD | +12.5% |
| 1978 | 334.84 million USD | +15.6% |
| 1979 | 396.25 million USD | +18.3% |
| 1980 | 607.93 million USD | +53.4% |
| 1981 | 552.9 million USD | -9.1% |
| 1982 | 428.19 million USD | -22.6% |
| 1983 | 365.13 million USD | -14.7% |
| 1984 | 255.03 million USD | -30.2% |
| 1985 | 197.04 million USD | -22.7% |
| 1986 | 217.02 million USD | +10.1% |
| 1987 | 289.29 million USD | +33.3% |
| 1988 | 336.37 million USD | +16.3% |
| 1989 | 373.65 million USD | +11.1% |
| 1990 | 514.26 million USD | +37.6% |
| 1991 | 413.76 million USD | -19.5% |
| 1992 | 611 million USD | +47.7% |
| 1993 | 607 million USD | -0.7% |
| 1994 | 640.57 million USD | +5.5% |
| 1995 | 783.29 million USD | +22.3% |
| 1996 | 829.36 million USD | +5.9% |
| 1997 | 719.78 million USD | -13.2% |
| 1998 | 788.41 million USD | +9.5% |
| 1999 | 785.77 million USD | -0.3% |
| 2000 | 648.16 million USD | -17.5% |
| 2001 | 742.37 million USD | +14.5% |
| 2002 | 670.34 million USD | -9.7% |
| 2003 | 941.3 million USD | +40.4% |
| 2004 | 1,226 million USD | +30.3% |
| 2005 | 1,348 million USD | +9.9% |
| 2006 | 1,727 million USD | +28.1% |
| 2007 | 1,921 million USD | +11.3% |
| 2008 | 2,151 million USD | +12.0% |
| 2009 | 2,467 million USD | +14.7% |
| 2010 | 2,849 million USD | +15.5% |
| 2011 | 2,802 million USD | -1.7% |
| 2012 | 3,358 million USD | +19.8% |
| 2013 | 3,746 million USD | +11.5% |
| 2014 | 4,370 million USD | +16.7% |
| 2015 | 3,513 million USD | -19.6% |
| 2016 | 2,340 million USD | -33.4% |
| 2017 | 2,311 million USD | -1.3% |
| 2018 | 2,308 million USD | -0.1% |
| 2019 | 1,975 million USD | -14.4% |
| 2020 | 1,446 million USD | -26.8% |
| 2021 | 1,988 million USD | +37.4% |
| 2022 | 2,102 million USD | +5.8% |
| 2023 | 3,240 million USD | +54.1% |
| 2024 | 3,166 million USD | -2.3% |
Namibia compared with similar countries
- Namibia's 3,166 million USD is below the median for lower middle income countries, which is 5,205 million USD, 61% of the median. (44 countries reporting)
- Namibia's 3,166 million USD is below the median for Sub-Saharan Africa, which is 3,840 million USD, 82% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 248.11 million USD | 145.96 million USD | 396.25 million USD | 10 |
| 1980s | 362.25 million USD | 197.04 million USD | 607.93 million USD | 10 |
| 1990s | 669.32 million USD | 413.76 million USD | 829.36 million USD | 10 |
| 2000s | 1,384 million USD | 648.16 million USD | 2,467 million USD | 10 |
| 2010s | 2,957 million USD | 1,975 million USD | 4,370 million USD | 10 |
| 2020s | 2,388 million USD | 1,446 million USD | 3,240 million USD | 5 |
Countries ranked near Namibia
- 152 Lao People's Democratic Republic 3,607 million USD compare
- 152 Laos 3,607 million USD compare
- 154 Bahamas 3,423 million USD compare
- 156 Afghanistan 3,137 million USD compare
- 157 New Caledonia 3,088 million USD compare
- 158 Trinidad and Tobago 3,015 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$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is gross fixed capital formation — value us$ in Namibia?
- Gross fixed capital formation — value us$ in Namibia was 3,166 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross fixed capital formation — value us$ recorded in Namibia?
- The highest recorded value was 4,370 million USD in 2014.
- What is the lowest gross fixed capital formation — value us$ recorded in Namibia?
- The lowest recorded value was 145.96 million USD in 1970.
- How does Namibia rank for gross fixed capital formation — value us$?
- Namibia ranks 155th out of 235 countries with data for 2024.
- Is gross fixed capital formation — value us$ rising or falling in Namibia?
- Over the last ten years it is down 27.6%. 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$. 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).