Subsidies in Namibia

Namibia: Subsidies was 244.00 million current LCU; from SNA in 2006. ◆ Volatile

Latest (2006)
244.00 million current LCU; from SNA
Change on year
up 2.5%
World rank
12th
of 24 countries
All-time high
663.00 million current LCU; from SNA
in 2001
All-time low
-27.00 million current LCU; from SNA
in 1990
Years of data
27
1980–2006

Subsidies in Namibia, 1980–2006

0200.0M400.0M600.0M1980199320061980: 16.0M current LCU; from SNA1981: 18.0M current LCU; from SNA1982: 18.0M current LCU; from SNA1983: 20.0M current LCU; from SNA1984: 19.0M current LCU; from SNA1985: 23.0M current LCU; from SNA1986: 28.0M current LCU; from SNA1987: 37.0M current LCU; from SNA1988: 41.0M current LCU; from SNA1989: 49.0M current LCU; from SNA1990: -27.0M current LCU; from SNA1991: 68.0M current LCU; from SNA1992: 123.0M current LCU; from SNA1993: 126.0M current LCU; from SNA1994: 122.0M current LCU; from SNA1995: 178.0M current LCU; from SNA1996: 223.0M current LCU; from SNA1997: 204.0M current LCU; from SNA1998: 151.0M current LCU; from SNA1999: 156.0M current LCU; from SNA2000: 610.0M current LCU; from SNA2001: 663.0M current LCU; from SNA2002: 552.0M current LCU; from SNA2003: 140.0M current LCU; from SNA2004: 213.0M current LCU; from SNA2005: 238.0M current LCU; from SNA2006: 244.0M current LCU; from SNA

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 9 Guinea-Bissau 7.81 billion current LCU; from SNA compare
  2. 10 Mauritius 1.14 billion current LCU; from SNA compare
  3. 11 Botswana 547.30 million current LCU; from SNA compare
  4. 13 Mozambique 170.00 million current LCU; from SNA compare
  5. 14 Cameroon 0 current LCU; from SNA compare
  6. 14 Chad 0 current LCU; from SNA compare
  7. 14 Comoros 0 current LCU; from SNA compare
  8. 14 Congo 0 current LCU; from SNA compare
  9. 14 Eritrea 0 current LCU; from SNA compare
  10. 14 Ethiopia 0 current LCU; from SNA compare
  11. 14 Kenya 0 current LCU; from SNA compare
  12. 14 Lesotho 0 current LCU; from SNA compare
  13. 14 Malawi 0 current LCU; from SNA compare
  14. 14 Rwanda 0 current LCU; from SNA compare

See the full ranking of 24 places →

More economy & growth data for Namibia

All data for Namibia →

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

Indicator
Subsidies (current LCU; from SNA)
Unit
current LCU; from SNA
Source
World Bank national accounts data, and OECD National Accounts data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
24 places, 507 data points, 1965–2011
Last refreshed

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.