Overall budget balance, including grants in Namibia
Namibia: Overall budget balance, including grants was -7.95 billion current LCU in 2011. ◆ Volatile
Overall budget balance, including grants in Namibia, 1982–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
Namibia recorded -7.95 billion current LCU for overall budget balance, including grants in 2011. That is the lowest value across all 30 years on record.
The figure is down 25.5% on the previous year and down 558.2% over ten years.
Over the whole period, overall budget balance, including grants in Namibia peaked at 3.48 billion current LCU in 2007 and was at its lowest, -7.95 billion current LCU, in 2011.
Namibia ranks 25th of 51 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -339.13 million current LCU | -418.80 million current LCU | -66.70 million current LCU | 8 |
| 1990s | -494.43 million current LCU | -836.22 million current LCU | -127.95 million current LCU | 10 |
| 2000s | -268.36 million current LCU | -2.30 billion current LCU | 3.48 billion current LCU | 10 |
| 2010s | -7.14 billion current LCU | -7.95 billion current LCU | -6.33 billion current LCU | 2 |
Countries ranked near Namibia
More science & technology data for Namibia
- Scientific and technical journal articles 231.33 (2023)
- Mobile phone subscriptions 2.58 million (2024)
- Mobile phone subscriptions per 100 people 85.16 per 100 people (2024)
- Mobile and landline phone subscriptions per 100 people 85.16 per 100 people (2024)
- Patent applications, nonresidents 12 (2019)
- Share of the population using the Internet 64.9% (2024)
- Patent applications, residents 8 (2019)
- Number of people using the Internet 1.69 million users (2021)
- Landline Internet subscriptions per 100 people 2.83 per 100 people (2024)
- Landline Internet subscriptions 85,893 (2024)
Frequently asked questions
- What is overall budget balance, including grants in Namibia?
- Overall budget balance, including grants in Namibia was -7.95 billion current LCU in 2011, according to World Bank country economists.
- What is the highest overall budget balance, including grants recorded in Namibia?
- The highest recorded value was 3.48 billion current LCU in 2007.
- What is the lowest overall budget balance, including grants recorded in Namibia?
- The lowest recorded value was -7.95 billion current LCU in 2011.
- How does Namibia rank for overall budget balance, including grants?
- Namibia ranks 25th out of 51 countries with data for 2011.
- Is overall budget balance, including grants rising or falling in Namibia?
- Over the last ten years it is down 558.2%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from World Bank country economists, published as part of Overall budget balance, including grants (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Overall budget deficit is current and capital revenue and official grants received, less total expenditure and lending minus repayments. Data are shown for central government only, and are in current local currency.