Revenue, excluding grants in Namibia
Namibia: Revenue, excluding grants was 35.6% in 2024. ▲ Rising
Revenue, excluding grants in Namibia, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for revenue, excluding grants in Namibia is 35.6%, measured in 2024.
The figure is up 0.7% on the previous year and down 3.8% over ten years.
Over the whole period, revenue, excluding grants in Namibia peaked at 37.0% in 2014 and was at its lowest, 26.0%, in 2003.
Namibia ranks 29th of 157 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Revenue, excluding grants in Namibia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 26.4% | — |
| 1991 | 31.1% | +17.6% |
| 1992 | 29.2% | -6.0% |
| 1993 | 28.6% | -2.0% |
| 1994 | 27.7% | -3.1% |
| 1995 | 27.9% | +0.7% |
| 1996 | 26.9% | -3.7% |
| 1997 | 29.2% | +8.6% |
| 1998 | 28.5% | -2.5% |
| 1999 | 30.4% | +6.8% |
| 2000 | 30.0% | -1.3% |
| 2001 | 28.8% | -3.9% |
| 2002 | 29.6% | +2.5% |
| 2003 | 26.0% | -11.9% |
| 2004 | 26.4% | +1.3% |
| 2005 | 28.2% | +6.9% |
| 2006 | 32.4% | +14.8% |
| 2007 | 33.0% | +2.0% |
| 2008 | 32.9% | -0.5% |
| 2009 | 31.3% | -4.9% |
| 2010 | 27.9% | -10.8% |
| 2011 | 32.5% | +16.8% |
| 2012 | 35.4% | +8.8% |
| 2013 | 35.8% | +1.2% |
| 2014 | 37.0% | +3.2% |
| 2015 | 35.7% | -3.5% |
| 2016 | 31.1% | -12.9% |
| 2017 | 32.7% | +5.2% |
| 2018 | 30.7% | -6.0% |
| 2019 | 32.2% | +4.9% |
| 2020 | 33.0% | +2.5% |
| 2021 | 30.2% | -8.6% |
| 2022 | 31.3% | +3.6% |
| 2023 | 35.3% | +12.8% |
| 2024 | 35.6% | +0.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 28.6% | 26.4% | 31.1% | 10 |
| 2000s | 29.9% | 26.0% | 33.0% | 10 |
| 2010s | 33.1% | 27.9% | 37.0% | 10 |
| 2020s | 33.1% | 30.2% | 35.6% | 5 |
Countries ranked near Namibia
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)
- Industry (including construction), value added (constant 2015 US$) -3.07 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2066 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 1,007 constant 2015 US$ per person (2025)
- Industry (including construction), value added (constant LCU), annual -3.07 % change on previous year (2025)
- Industry (including construction), value added (constant LCU), per 2.66 constant LCU per US$ of GDP (2025)
- Industry (including construction), value added (constant LCU), per 12,977 constant LCU per person (2025)
- Services, value added (current US$), annual growth rate 12.44 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.5498 current US$ per US$ of GDP (2025)
Frequently asked questions
- What is revenue, excluding grants in Namibia?
- Revenue, excluding grants in Namibia was 35.6% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest revenue, excluding grants recorded in Namibia?
- The highest recorded value was 37.0% in 2014.
- What is the lowest revenue, excluding grants recorded in Namibia?
- The lowest recorded value was 26.0% in 2003.
- How does Namibia rank for revenue, excluding grants?
- Namibia ranks 29th out of 157 countries with data for 2024.
- Is revenue, excluding grants rising or falling in Namibia?
- Over the last ten years it is down 3.8%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Revenue, excluding grants (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Revenue is an increase in net worth resulting from a transaction. Grants are excluded from this figure. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.