Namibia's adjusted savings, consumption of fixed capital (current US$) was US$1.54 billion in 2021, the latest year in the World Bank's World Development Indicators. That is up 5.73% from US$1.45 billion in 2011 (0.56% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$1.54 billion | 2021 |
| Five years earlier | US$1.19 billion | 2016 |
| Ten years earlier | US$1.45 billion | 2011 |
| Highest | US$1.54 billion | 2021 |
| Lowest | US$234.46 million | 1985 |
| Average since 2012 | US$1.36 billion | 2012–2021 |
| First recorded | US$357.39 million |
What the numbers say
In 2021, Namibia's adjusted savings, consumption of fixed capital (current US$) rose 20.8% on 2020 (from US$1.27 billion to US$1.54 billion).
Across the 30 yearly changes before that (1991 to 2020), the average change was +5.2% and a typical year strayed about 14.1% from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
On record, the biggest yearly rise was 59.7% in 2003 and the biggest yearly fall was 19.2% in 1981. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 there is no clear straight-line trend: a straight line explains 9% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2021, Namibia had the 129th highest value of the 194 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Namibia in the 2021 ranking
- Moldova — 125th of 194: US$1.72 billion
- Burkina Faso — 126th of 194: US$1.62 billion
- Brunei Darussalam — 127th of 194: US$1.56 billion
- Chad — 129th of 194: US$1.48 billion
- Rwanda — 130th of 194: US$1.43 billion
- Mauritius — 131st of 194: US$1.36 billion
What this measures
Consumption of fixed capital represents the replacement value of capital used up in the process of production. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
All 42 values
| Year | Adjusted savings, consumption of fixed capital (current US$) |
|---|---|
| 2021 | 1,536,768,938 |
| 2020 | 1,271,790,946 |
| 2019 | 1,399,834,934 |
| 2018 | 1,448,426,986 |
| 2017 | 1,356,769,806 |
| 2016 | 1,191,274,128 |
| 2015 | 1,243,945,220 |
| 2014 | 1,371,625,978 |
| 2013 | 1,336,989,492 |
| 2012 | 1,406,951,374 |
Adjusted savings, consumption of fixed capital (current US$) in nearby economies
- Angola — US$5.09 billion (2021)
- Benin — US$1.86 billion (2021)
- Botswana — US$3.41 billion (2021)
- Burkina Faso — US$1.62 billion (2021)
- Burundi — US$443.05 million (2021)
- Cabo Verde — US$224.27 million (2021)
- Cameroon — US$5.04 billion (2021)
- Central African Republic — US$539.26 million (2021)
- Chad
More economic policy & debt data for Namibia
- Adjusted savings, education expenditure (% of GNI) — 8.92% (2021)
- Adjusted savings, net forest depletion (current US$) — US$106.2 million (2021)
- Adjusted savings, mineral depletion (current US$) — US$262.77 million (2021)
- General government final consumption expenditure (current US$) — US$3.36 billion (2025)
- General government final consumption expenditure (current LCU) — 60.11 billion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$3.51 billion (2025)
- General government final consumption expenditure (constant LCU) — 45.2 billion (2025)
- General government final consumption expenditure (% of GDP) — 22.28% (2025)
Reading data like this
Questions people ask
- What is Namibia's adjusted savings, consumption of fixed capital (current US$)?
- US$1.54 billion in 2021, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is up 330% from US$357.39 million in 1980 (3.62% a year on average, compounded). The highest value was US$1.54 billion in 2021 and the lowest US$234.46 million in 1985.
- How does Namibia rank?
- 129th highest of 194 economies with data for 2021.
- Is the latest change in adjusted savings, consumption of fixed capital (current US$) unusual for Namibia?
- In 2021, Namibia's adjusted savings, consumption of fixed capital (current US$) rose 20.8% on 2020 (from US$1.27 billion to US$1.54 billion). Across the 30 yearly changes before that (1991 to 2020), the average change was +5.2% and a typical year strayed about 14.1% from that (the standard deviation). This year's change was 1.1 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.
Source
World Bank, World Development Indicators, indicator NY.ADJ.DKAP.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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