Total Expenditure (central government) β€” Value US$ in Namibia

Namibia: Total Expenditure (central government) β€” Value US$ was 5,169 million USD in 2024. β–² Rising

Latest (2024)
5,169 million USD
Change on year
up 11.3%
World rank
117th
of 185 countries
All-time high
5,393 million USD
in 2014
All-time low
1,074 million USD
in 2002
Years of data
24
2001–2024

Total Expenditure (central government) β€” Value US$ in Namibia, 2001–2024

1.0k2.0k3.0k4.0k5.0k2001201220242001: 1.2k million USD2002: 1.1k million USD2003: 1.6k million USD2004: 1.9k million USD2005: 2.1k million USD2006: 2.2k million USD2007: 2.3k million USD2008: 2.5k million USD2009: 2.8k million USD2010: 3.7k million USD2011: 4.8k million USD2012: 4.6k million USD2013: 4.8k million USD2014: 5.4k million USD2015: 5.0k million USD2016: 4.2k million USD2017: 5.0k million USD2018: 4.8k million USD2019: 4.7k million USD2020: 4.6k million USD2021: 4.9k million USD2022: 4.8k million USD2023: 4.6k million USD2024: 5.2k million USD

Source: Food and Agriculture Organization of the United Nations. Measured in million USD.

Analysis

The most recent figure for total expenditure (central government) β€” 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) β€” 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 117th of 185 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 114 Albania 5,776 million USD compare
  2. 115 Sudan 5,628 million USD compare
  3. 116 Syrian Arab Republic 5,318 million USD compare
  4. 118 Palestine 4,983 million USD compare
  5. 119 Mauritius 4,801 million USD compare
  6. 120 Brunei Darussalam 4,613 million USD compare

See the full ranking of 188 places β†’

More economy & growth data for Namibia

All data for Namibia β†’

Frequently asked questions

What is total expenditure (central government) β€” value us$ in Namibia?
Total expenditure (central government) β€” 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) β€” value us$ recorded in Namibia?
The highest recorded value was 5,393 million USD in 2014.
What is the lowest total expenditure (central government) β€” 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) β€” value us$?
Namibia ranks 117th out of 185 countries with data for 2024.
Is total expenditure (central government) β€” value us$ 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) β€” Value US$. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 24 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Total Expenditure (central government) β€” Value US$
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
188 places, 3,857 data points, 2001–2024
Last refreshed

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.