Total Expenditure (general government) β€” Value US$, 2015 prices in Namibia

Namibia: Total Expenditure (general government) β€” Value US$, 2015 prices was 4,416 million USD in 2023. β–Ό Falling

Latest (2023)
4,416 million USD
Change on year
up 2.9%
World rank
96th
of 121 countries
All-time high
5,176 million USD
in 2018
All-time low
4,218 million USD
in 2019
Years of data
8
2016–2023

Total Expenditure (general government) β€” Value US$, 2015 prices in Namibia, 2016–2023

02.0k4.0k6.0k2016201920232016: 4.8k million USD2017: 4.7k million USD2018: 5.2k million USD2019: 4.2k million USD2020: 4.5k million USD2021: 4.3k million USD2022: 4.3k million USD2023: 4.4k million USD

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

Analysis

The most recent figure for total expenditure (general government) β€” value us$, 2015 prices in Namibia is 4,416 million USD, measured in 2023.

That represents a change of up 2.9% on the previous year and down 8.8% over ten years.

That places Namibia 96th out of 121 countries with data for 2023, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2010s 4,746 million USD 4,218 million USD 5,176 million USD 4
2020s 4,356 million USD 4,257 million USD 4,462 million USD 4

Countries ranked near Namibia

  1. 93 New Caledonia 4,743 million USD
  2. 94 North Macedonia 4,625 million USD compare
  3. 95 Albania 4,541 million USD compare
  4. 97 Rwanda 3,963 million USD compare
  5. 98 Republic of Moldova 3,542 million USD compare
  6. 99 Lao People's Democratic Republic 3,523 million USD compare

See the full ranking of 123 places β†’

More economy & growth data for Namibia

All data for Namibia β†’

Frequently asked questions

What is total expenditure (general government) β€” value us$, 2015 prices in Namibia?
Total expenditure (general government) β€” value us$, 2015 prices in Namibia was 4,416 million USD in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest total expenditure (general government) β€” value us$, 2015 prices recorded in Namibia?
The highest recorded value was 5,176 million USD in 2018.
What is the lowest total expenditure (general government) β€” value us$, 2015 prices recorded in Namibia?
The lowest recorded value was 4,218 million USD in 2019.
How does Namibia rank for total expenditure (general government) β€” value us$, 2015 prices?
Namibia ranks 96th out of 121 countries with data for 2023.
Is total expenditure (general government) β€” value us$, 2015 prices rising or falling in Namibia?
Over the last ten years it is down 8.8%. The long-run trend across the full record is falling.
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 (general government) β€” Value US$, 2015 prices. Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 8 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).

About this data

Indicator
Total Expenditure (general government) β€” Value US$, 2015 prices
Unit
million USD
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
123 places, 2,235 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.