Primary balance, excluding interest in Namibia
Namibia: Primary balance, excluding interest was -13.58 billion current LCU in 2011. ◆ Volatile
Primary balance, excluding interest in Namibia, 1980–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
Namibia recorded -13.58 billion current LCU for primary balance, excluding interest in 2011. That is the lowest value across all 32 years on record.
Compared with earlier readings it is down 115.6% on the previous year and down 2,332.0% over ten years.
Over the whole period, primary balance, excluding interest in Namibia peaked at 4.31 billion current LCU in 2007 and was at its lowest, -13.58 billion current LCU, in 2011.
Namibia ranks 30th 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 | 4.02 million current LCU | -308.48 million current LCU | 358.31 million current LCU | 10 |
| 1990s | -303.56 million current LCU | -612.07 million current LCU | -75.05 million current LCU | 10 |
| 2000s | 465.97 million current LCU | -1.39 billion current LCU | 4.31 billion current LCU | 10 |
| 2010s | -9.94 billion current LCU | -13.58 billion current LCU | -6.30 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 primary balance, excluding interest in Namibia?
- Primary balance, excluding interest in Namibia was -13.58 billion current LCU in 2011, according to World Bank country economists.
- What is the highest primary balance, excluding interest recorded in Namibia?
- The highest recorded value was 4.31 billion current LCU in 2007.
- What is the lowest primary balance, excluding interest recorded in Namibia?
- The lowest recorded value was -13.58 billion current LCU in 2011.
- How does Namibia rank for primary balance, excluding interest?
- Namibia ranks 30th out of 50 countries with data for 2011.
- Is primary balance, excluding interest rising or falling in Namibia?
- Over the last ten years it is down 2,332.0%. 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 Primary balance, excluding interest (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Primary deficit, excluding interest (current LCU).