Gross savings (current US$), per unit of GDP in Namibia
Namibia: Gross savings (current US$), per unit of GDP was 0.0945 current US$ per US$ of GDP in 2024. ▼ Falling
Gross savings (current US$), per unit of GDP in Namibia, 1990–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for gross savings (current us$), per unit of gdp in Namibia is 0.0945 current US$ per US$ of GDP, measured in 2024.
That represents a change of down 18.2% on the previous year and down 58.8% over ten years.
Over the whole period, gross savings (current us$), per unit of gdp in Namibia peaked at 0.3782 current US$ per US$ of GDP in 1990 and was at its lowest, 0.0448 current US$ per US$ of GDP, in 2021.
That places Namibia 162nd out of 178 countries with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 35 years of available data.
Gross savings (current US$), per unit of GDP in Namibia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.3782 current US$ per US$ of GDP | — |
| 1991 | 0.2669 current US$ per US$ of GDP | -29.4% |
| 1992 | 0.2888 current US$ per US$ of GDP | +8.2% |
| 1993 | 0.2571 current US$ per US$ of GDP | -11.0% |
| 1994 | 0.294 current US$ per US$ of GDP | +14.3% |
| 1995 | 0.3049 current US$ per US$ of GDP | +3.7% |
| 1996 | 0.278 current US$ per US$ of GDP | -8.8% |
| 1997 | 0.2475 current US$ per US$ of GDP | -11.0% |
| 1998 | 0.2661 current US$ per US$ of GDP | +7.5% |
| 1999 | 0.2371 current US$ per US$ of GDP | -10.9% |
| 2000 | 0.2765 current US$ per US$ of GDP | +16.6% |
| 2001 | 0.2233 current US$ per US$ of GDP | -19.2% |
| 2002 | 0.2627 current US$ per US$ of GDP | +17.6% |
| 2003 | 0.2603 current US$ per US$ of GDP | -0.9% |
| 2004 | 0.3029 current US$ per US$ of GDP | +16.3% |
| 2005 | 0.3049 current US$ per US$ of GDP | +0.7% |
| 2006 | 0.3549 current US$ per US$ of GDP | +16.4% |
| 2007 | 0.2826 current US$ per US$ of GDP | -20.4% |
| 2008 | 0.2667 current US$ per US$ of GDP | -5.6% |
| 2009 | 0.1653 current US$ per US$ of GDP | -38.0% |
| 2010 | 0.1857 current US$ per US$ of GDP | +12.4% |
| 2011 | 0.1477 current US$ per US$ of GDP | -20.5% |
| 2012 | 0.1497 current US$ per US$ of GDP | +1.4% |
| 2013 | 0.192 current US$ per US$ of GDP | +28.2% |
| 2014 | 0.2294 current US$ per US$ of GDP | +19.5% |
| 2015 | 0.1629 current US$ per US$ of GDP | -29.0% |
| 2016 | 0.0604 current US$ per US$ of GDP | -62.9% |
| 2017 | 0.1312 current US$ per US$ of GDP | +117.1% |
| 2018 | 0.1165 current US$ per US$ of GDP | -11.2% |
| 2019 | 0.1323 current US$ per US$ of GDP | +13.5% |
| 2020 | 0.1771 current US$ per US$ of GDP | +33.9% |
| 2021 | 0.0448 current US$ per US$ of GDP | -74.7% |
| 2022 | 0.0547 current US$ per US$ of GDP | +22.1% |
| 2023 | 0.1155 current US$ per US$ of GDP | +111.1% |
| 2024 | 0.0945 current US$ per US$ of GDP | -18.2% |
Namibia compared with similar countries
- Namibia's 0.0945 current US$ per US$ of GDP is below the median for lower middle income countries, which is 0.1588 current US$ per US$ of GDP, 60% of the median. (45 countries reporting)
- Namibia's 0.0945 current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.1747 current US$ per US$ of GDP, 54% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.2819 current US$ per US$ of GDP | 0.2371 current US$ per US$ of GDP | 0.3782 current US$ per US$ of GDP | 10 |
| 2000s | 0.27 current US$ per US$ of GDP | 0.1653 current US$ per US$ of GDP | 0.3549 current US$ per US$ of GDP | 10 |
| 2010s | 0.1508 current US$ per US$ of GDP | 0.0604 current US$ per US$ of GDP | 0.2294 current US$ per US$ of GDP | 10 |
| 2020s | 0.0973 current US$ per US$ of GDP | 0.0448 current US$ per US$ of GDP | 0.1771 current US$ per US$ of GDP | 5 |
Countries ranked near Namibia
- 159 Zimbabwe 0.107 current US$ per US$ of GDP compare
- 160 Curacao 0.1059 current US$ per US$ of GDP compare
- 161 Guinea 0.0959 current US$ per US$ of GDP compare
- 163 Palestine 0.0919 current US$ per US$ of GDP compare
- 164 Sao Tome and Principe 0.0902 current US$ per US$ of GDP compare
- 165 Egypt 0.0813 current US$ per US$ of GDP 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$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is gross savings (current us$), per unit of gdp in Namibia?
- Gross savings (current us$), per unit of gdp in Namibia was 0.0945 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross savings (current us$), per unit of gdp recorded in Namibia?
- The highest recorded value was 0.3782 current US$ per US$ of GDP in 1990.
- What is the lowest gross savings (current us$), per unit of gdp recorded in Namibia?
- The lowest recorded value was 0.0448 current US$ per US$ of GDP in 2021.
- How does Namibia rank for gross savings (current us$), per unit of gdp?
- Namibia ranks 162nd out of 178 countries with data for 2024.
- Is gross savings (current us$), per unit of gdp rising or falling in Namibia?
- Over the last ten years it is down 58.8%. The long-run trend across the full record is falling.
- Where does this Namibia data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross savings (current US$) ÷ GDP (current US$)
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross savings (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.