Gross Fixed Capital Formation — Value US$ in Namibia

Namibia: Gross Fixed Capital Formation — Value US$ was 3,166 million USD in 2024. ◆ Volatile

Latest (2024)
3,166 million USD
Change on year
down 2.3%
World rank
145th
of 219 countries
All-time high
4,370 million USD
in 2014
All-time low
145.96 million USD
in 1970
Years of data
55
1970–2024

Gross Fixed Capital Formation — Value US$ in Namibia, 1970–2024

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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 145th of 219 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 142 Mauritius 3,741 million USD compare
  2. 143 Lao People's Democratic Republic 3,607 million USD compare
  3. 144 Bahamas 3,423 million USD compare
  4. 146 Afghanistan 3,137 million USD compare
  5. 147 New Caledonia 3,088 million USD compare
  6. 148 Trinidad and Tobago 3,015 million USD compare

See the full ranking of 251 places →

More economy & growth data for Namibia

All data for Namibia →

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$?
Namibia ranks 145th out of 219 countries with data for 2024.
Is gross fixed capital formation — value us$ 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.

Download this data

CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Gross Fixed Capital Formation — Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
251 places, 12,844 data points, 1970–2024
Last refreshed

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).