Total Expenditure (central government) — Value US$ in Namibia
Namibia: Total Expenditure (central government) — Value US$ was 5,169 million USD in 2024. ▲ Rising
Total Expenditure (central government) — Value US$ in Namibia, 2001–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million USD.
Analysis
The most recent figure for total expenditure (central government) — value us$ in Namibia is 5,169 million USD, measured in 2024.
Compared with earlier readings it is up 11.3% on the previous year and down 4.2% over ten years.
Over the whole period, total expenditure (central government) — value us$ in Namibia peaked at 5,393 million USD in 2014 and was at its lowest, 1,074 million USD, in 2002.
Namibia ranks 110th of 173 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 24 years of available data.
Total Expenditure (central government) — Value US$ in Namibia, year by year
| Year | million USD | Change |
|---|---|---|
| 2001 | 1,189 million USD | — |
| 2002 | 1,074 million USD | -9.7% |
| 2003 | 1,616 million USD | +50.6% |
| 2004 | 1,925 million USD | +19.1% |
| 2005 | 2,053 million USD | +6.7% |
| 2006 | 2,183 million USD | +6.3% |
| 2007 | 2,294 million USD | +5.1% |
| 2008 | 2,521 million USD | +9.9% |
| 2009 | 2,843 million USD | +12.8% |
| 2010 | 3,718 million USD | +30.8% |
| 2011 | 4,846 million USD | +30.3% |
| 2012 | 4,563 million USD | -5.8% |
| 2013 | 4,793 million USD | +5.1% |
| 2014 | 5,393 million USD | +12.5% |
| 2015 | 4,972 million USD | -7.8% |
| 2016 | 4,247 million USD | -14.6% |
| 2017 | 5,032 million USD | +18.5% |
| 2018 | 4,767 million USD | -5.3% |
| 2019 | 4,704 million USD | -1.3% |
| 2020 | 4,569 million USD | -2.9% |
| 2021 | 4,930 million USD | +7.9% |
| 2022 | 4,779 million USD | -3.1% |
| 2023 | 4,642 million USD | -2.9% |
| 2024 | 5,169 million USD | +11.3% |
Namibia compared with similar countries
- Namibia's 5,169 million USD is above the median for lower middle income countries, which is 4,764 million USD, 1.1× the median. (40 countries reporting)
- Namibia's 5,169 million USD is above the median for Sub-Saharan Africa, which is 3,502 million USD, 1.5× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,966 million USD | 1,074 million USD | 2,843 million USD | 9 |
| 2010s | 4,704 million USD | 3,718 million USD | 5,393 million USD | 10 |
| 2020s | 4,818 million USD | 4,569 million USD | 5,169 million USD | 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)
- 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$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is total expenditure (central government) — value us$ in Namibia?
- Total expenditure (central government) — value us$ in Namibia was 5,169 million USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total expenditure (central government) — value us$ recorded in Namibia?
- The highest recorded value was 5,393 million USD in 2014.
- What is the lowest total expenditure (central government) — value us$ recorded in Namibia?
- The lowest recorded value was 1,074 million USD in 2002.
- How does Namibia rank for total expenditure (central government) — value us$?
- Namibia ranks 110th out of 173 countries with data for 2024.
- Is total expenditure (central government) — value us$ rising or falling in Namibia?
- Over the last ten years it is down 4.2%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Expenditure (central government) — Value US$. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
The Statistics Division of FAO collects annually data on Government Expenditure on Agriculture through a questionnaire, which was developed in partnership with the International Monetary Fund (IMF). The IMF is the responsible institution for the Government Finance Statistics (GFS) methodology and annually collects GFS data, including Expenditure by Functions of Government (COFOG). The Classification of the Functions of Government (COFOG) is an international classification developed by Organisation for Economic Co-operation and Development (OECD) and published by the United Nations Statistical Division (UNSD), with the aim of categorise governments' functions according to their purposes. The FAO questionnaire aligns with Table 7 of the IMF GFS questionnaire, replicates the relevant aggregates and drills down to request additional detail related to Agriculture. The FAO dataset consists of a time series, from 2001 onwards, of Total Government Expenditure and expenditure in: Agriculture, Forestry, Fishing and Hunting, along with its three disaggregated subsectors of Agriculture, Forestry and Fishing; and Environmental Protection. In addition, expenditure in each detailed function are further disaggregated into Recurrent and Capital expenditure. Additional indicators include the Agriculture Share of Government Expenditure, and the Agriculture Orientation Index (ratio between the Agriculture Share of Government Expenditure and the Agriculture Value Added as Share of GDP). Data are reported for the highest level of government available (Consolidated general government, consolidated central government or budgetary central government) and are available for about 100 countries on a regular basis.