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.
Primary balance, excluding interest in Namibia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1980 | 0 current LCU | — |
| 1981 | 0 current LCU | — |
| 1982 | 314.88 million current LCU | — |
| 1983 | 358.31 million current LCU | +13.8% |
| 1984 | 316.79 million current LCU | -11.6% |
| 1985 | -255.25 million current LCU | -180.6% |
| 1986 | -204.10 million current LCU | -20.0% |
| 1987 | -308.48 million current LCU | +51.1% |
| 1988 | -242.24 million current LCU | -21.5% |
| 1989 | 60.27 million current LCU | -124.9% |
| 1990 | -75.05 million current LCU | -224.5% |
| 1991 | -217.77 million current LCU | +190.2% |
| 1992 | -425.28 million current LCU | +95.3% |
| 1993 | -360.23 million current LCU | -15.3% |
| 1994 | -166.75 million current LCU | -53.7% |
| 1995 | -310.96 million current LCU | +86.5% |
| 1996 | -612.07 million current LCU | +96.8% |
| 1997 | -337.63 million current LCU | -44.8% |
| 1998 | -277.95 million current LCU | -17.7% |
| 1999 | -251.93 million current LCU | -9.4% |
| 2000 | 12.88 million current LCU | -105.1% |
| 2001 | -558.35 million current LCU | -4436.7% |
| 2002 | -872.52 million current LCU | +56.3% |
| 2003 | -1.39 billion current LCU | +59.4% |
| 2004 | -680.38 million current LCU | -51.1% |
| 2005 | 573.26 million current LCU | -184.3% |
| 2006 | 1.62 billion current LCU | +182.9% |
| 2007 | 4.31 billion current LCU | +165.7% |
| 2008 | 2.64 billion current LCU | -38.7% |
| 2009 | -997.00 million current LCU | -137.7% |
| 2010 | -6.30 billion current LCU | +531.8% |
| 2011 | -13.58 billion current LCU | +115.6% |
Namibia compared with similar countries
- Namibia's -13.58 billion current LCU is below the median for lower middle income countries, which is -3.80 billion current LCU, 3.6× the median. (24 countries reporting)
- Namibia's -13.58 billion current LCU is below the median for Sub-Saharan Africa, which is -6.36 billion current LCU, 2.1× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Primary balance, excluding interest in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | -4436.7% | 12.88 million current LCU | -558.35 million current LCU |
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
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 85.16 (2024)
- Mobile cellular subscriptions by country, per capita 0.8517 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0002 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 2.58 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 3.16 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate -2.86 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate -0.6667 % change on previous year (2024)
- Scientific and technical journal articles 231.33 (2023)
- Scientific and technical journal articles, per capita 0.0001 units per person (2023)
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.
Download this data
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).