Overall surplus/deficit, excluding current grants in Namibia
Namibia: Overall surplus/deficit, excluding current grants was -8.18 billion current LCU in 2011. ◆ Volatile
Overall surplus/deficit, excluding current grants in Namibia, 1982–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for overall surplus/deficit, excluding current grants in Namibia is -8.18 billion current LCU, measured in 2011. That is the lowest value across all 30 years on record.
That represents a change of down 24.0% on the previous year and down 577.3% over ten years.
Over the whole period, overall surplus/deficit, excluding current grants in Namibia peaked at 3.41 billion current LCU in 2007 and was at its lowest, -8.18 billion current LCU, in 2011.
Namibia ranks 19th of 50 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 | -312.06 million current LCU | -2.30 billion current LCU | 3.41 billion current LCU | 10 |
| 2010s | -7.39 billion current LCU | -8.18 billion current LCU | -6.60 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 surplus/deficit, excluding current grants in Namibia?
- Overall surplus/deficit, excluding current grants in Namibia was -8.18 billion current LCU in 2011, according to World Bank country economists.
- What is the highest overall surplus/deficit, excluding current grants recorded in Namibia?
- The highest recorded value was 3.41 billion current LCU in 2007.
- What is the lowest overall surplus/deficit, excluding current grants recorded in Namibia?
- The lowest recorded value was -8.18 billion current LCU in 2011.
- How does Namibia rank for overall surplus/deficit, excluding current grants?
- Namibia ranks 19th out of 50 countries with data for 2011.
- Is overall surplus/deficit, excluding current grants rising or falling in Namibia?
- Over the last ten years it is down 577.3%. 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 surplus/deficit, excluding current 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 surplus/deficit (excluding current grants) is current and capital revenue excluding current grants, less total expenditure and lending minus repayments. Data are shown for central government only, and are in current local currency.