Subsidies (current LCU; from SNA) in Namibia
Namibia: Subsidies (current LCU; from SNA) was 244.00 million current LCU; from SNA in 2006. ◆ Volatile
Subsidies in Namibia, 1980–2006
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU; from SNA.
Analysis
Namibia recorded 244.00 million current LCU; from SNA for subsidies in 2006.
That represents a change of up 2.5% on the previous year and up 9.4% over ten years.
Over the whole period, subsidies in Namibia peaked at 663.00 million current LCU; from SNA in 2001 and was at its lowest, -27.00 million current LCU; from SNA, in 1990.
Namibia ranks 12th of 24 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.
Subsidies (current LCU; from SNA) in Namibia, year by year
| Year | current LCU; from SNA | Change |
|---|---|---|
| 1980 | 16.00 million current LCU; from SNA | — |
| 1981 | 18.00 million current LCU; from SNA | +12.5% |
| 1982 | 18.00 million current LCU; from SNA | +0.0% |
| 1983 | 20.00 million current LCU; from SNA | +11.1% |
| 1984 | 19.00 million current LCU; from SNA | -5.0% |
| 1985 | 23.00 million current LCU; from SNA | +21.1% |
| 1986 | 28.00 million current LCU; from SNA | +21.7% |
| 1987 | 37.00 million current LCU; from SNA | +32.1% |
| 1988 | 41.00 million current LCU; from SNA | +10.8% |
| 1989 | 49.00 million current LCU; from SNA | +19.5% |
| 1990 | -27.00 million current LCU; from SNA | -155.1% |
| 1991 | 68.00 million current LCU; from SNA | -351.9% |
| 1992 | 123.00 million current LCU; from SNA | +80.9% |
| 1993 | 126.00 million current LCU; from SNA | +2.4% |
| 1994 | 122.00 million current LCU; from SNA | -3.2% |
| 1995 | 178.00 million current LCU; from SNA | +45.9% |
| 1996 | 223.00 million current LCU; from SNA | +25.3% |
| 1997 | 204.00 million current LCU; from SNA | -8.5% |
| 1998 | 151.00 million current LCU; from SNA | -26.0% |
| 1999 | 156.00 million current LCU; from SNA | +3.3% |
| 2000 | 610.00 million current LCU; from SNA | +291.0% |
| 2001 | 663.00 million current LCU; from SNA | +8.7% |
| 2002 | 552.00 million current LCU; from SNA | -16.7% |
| 2003 | 140.00 million current LCU; from SNA | -74.6% |
| 2004 | 213.00 million current LCU; from SNA | +52.1% |
| 2005 | 238.00 million current LCU; from SNA | +11.7% |
| 2006 | 244.00 million current LCU; from SNA | +2.5% |
Namibia compared with similar countries
- Namibia's 244.00 million current LCU; from SNA is above the median for Sub-Saharan Africa, which is 170.00 million current LCU; from SNA, 1.4× the median. (23 countries reporting)
- Namibia's 244.00 million current LCU; from SNA is above the median for lower middle income countries, which is 122.00 million current LCU; from SNA, 2.0× the median. (12 countries reporting)
Biggest year-on-year movements
Years where Subsidies (current LCU; from SNA) in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1991 | +351.9% | -27.00 million current LCU; from SNA | 68.00 million current LCU; from SNA |
| 2000 | +291.0% | 156.00 million current LCU; from SNA | 610.00 million current LCU; from SNA |
| 1990 | -155.1% | 49.00 million current LCU; from SNA | -27.00 million current LCU; from SNA |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 26.90 million current LCU; from SNA | 16.00 million current LCU; from SNA | 49.00 million current LCU; from SNA | 10 |
| 1990s | 132.40 million current LCU; from SNA | -27.00 million current LCU; from SNA | 223.00 million current LCU; from SNA | 10 |
| 2000s | 380.00 million current LCU; from SNA | 140.00 million current LCU; from SNA | 663.00 million current LCU; from SNA | 7 |
Countries ranked near Namibia
- 9 Guinea-Bissau 7.81 billion current LCU; from SNA compare
- 10 Mauritius 1.14 billion current LCU; from SNA compare
- 11 Botswana 547.30 million current LCU; from SNA compare
- 13 Mozambique 170.00 million current LCU; from SNA compare
- 14 Cameroon 0 current LCU; from SNA compare
- 14 Chad 0 current LCU; from SNA
- 14 Comoros 0 current LCU; from SNA
- 14 Congo 0 current LCU; from SNA
- 14 Eritrea 0 current LCU; from SNA
- 14 Ethiopia 0 current LCU; from SNA compare
- 14 Kenya 0 current LCU; from SNA compare
- 14 Lesotho 0 current LCU; from SNA compare
- 14 Malawi 0 current LCU; from SNA compare
- 14 Rwanda 0 current LCU; from SNA
More economy & growth data for Namibia
- Real gdp growth, annual growth rate -16.45 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 2.35 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 74.4 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.53 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 54.32 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -25 % change on previous year (2025)
Frequently asked questions
- What is subsidies in Namibia?
- Subsidies in Namibia was 244.00 million current LCU; from SNA in 2006, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest subsidies recorded in Namibia?
- The highest recorded value was 663.00 million current LCU; from SNA in 2001.
- What is the lowest subsidies recorded in Namibia?
- The lowest recorded value was -27.00 million current LCU; from SNA in 1990.
- How does Namibia rank for subsidies?
- Namibia ranks 12th out of 24 countries with data for 2006.
- Is subsidies rising or falling in Namibia?
- Over the last ten years it is up 9.4%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Subsidies (current LCU; from SNA). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units make to enterprises, resident producers and importers. Subsidies may be designed to influence enterprises level or type of production, or the prices at which the products are sold. (Capital grants are in the national accounts classified as capital transfers.) Subsidies consists of ‘subsidies on products’, subsidies payable per unit of a good or a service, and ‘other subsidies on production’, which cover all other subsidies enterprises receives as a consequence of engaging in production. Data are in current local currency.