Economic Policy & Debt · Namibia
Yearly data from 1980 to 2021, from the World Bank.
Namibia's adjusted savings, education expenditure (current US$) was US$1.08 billion in 2021, the latest year in the World Bank's World Development Indicators. That is up 5.67% from US$1.02 billion in 2011 (0.55% a year on average, compounded).
| Value | Year | |
|---|---|---|
| Latest | US$1.08 billion | 2021 |
| Five years earlier | US$937.5 million | 2016 |
| Ten years earlier | US$1.02 billion | 2011 |
| Highest | US$1.18 billion | 2018 |
| Lowest | US$118.59 million | 1985 |
| Average since 2012 | US$1.06 billion | 2012–2021 |
| First recorded | US$185.35 million | 1980 |
Over five years it is up 14.87% from US$937.5 million in 2016 (2.81% a year on average, compounded). Since 1980 it is up 481.01% from US$185.35 million in 1980 (4.39% a year on average, compounded).
In 2021, Namibia's adjusted savings, education expenditure (current US$) rose 14.6% on 2020 (from US$939.86 million to US$1.08 billion).
Across the 30 yearly changes before that (1991 to 2020), the average change was +5.5% and a typical year strayed about 15.8% from that (the standard deviation). This year's change was 0.6 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 57.1% in 2003 and the biggest yearly fall was 27.5% in 1985. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2012 to 2021 there is no clear straight-line trend: a straight line explains less than 1% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
In 2021, Namibia had the 97th highest value of the 179 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Education expenditure refers to the current operating expenditures in education, including wages and salaries and excluding capital investments in buildings and equipment. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
| Year | Adjusted savings, education expenditure (current US$) |
|---|---|
| 2021 | 1,076,906,742 |
| 2020 | 939,862,982 |
| 2019 | 1,091,172,151 |
| 2018 | 1,175,244,620 |
| 2017 | 1,129,285,245 |
| 2016 | 937,502,655 |
| 2015 | 1,009,375,137 |
| 2014 | 1,102,708,789 |
| 2013 | 1,053,964,744 |
| 2012 | 1,080,397,835 |
| 2011 | 1,019,086,962 |
| 2010 | 903,715,217 |
| 2009 | 703,082,355 |
| 2008 | 660,266,635 |
| 2007 | 657,987,952 |
| 2006 | 591,731,199 |
| 2005 | 516,135,673 |
| 2004 | 469,657,095 |
| 2003 | 350,895,866 |
| 2002 | 223,393,397 |
| 2001 | 225,503,786 |
| 2000 | 257,010,298 |
| 1999 | 252,046,373 |
| 1998 | 291,298,781 |
| 1997 | 353,121,111 |
| 1996 | 301,308,415 |
| 1995 | 340,246,286 |
| 1994 | 331,911,185 |
| 1993 | 327,447,859 |
| 1992 | 318,794,458 |
| 1991 | 276,506,685 |
| 1990 | 252,714,286 |
| 1989 | 214,960,478 |
| 1988 | 199,622,801 |
| 1987 | 195,979,528 |
| 1986 | 139,683,644 |
| 1985 | 118,585,941 |
| 1984 | 163,493,839 |
| 1983 | 196,787,453 |
| 1982 | 175,317,760 |
| 1981 | 189,852,889 |
| 1980 | 185,350,517 |
Every indicator for Namibia is on the Namibia data page.
World Bank, World Development Indicators, indicator NY.ADJ.AEDU.CD, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Statistical Yearbook, United Nations (UN), publisher: UN Statistics Division; Online database, UN Educational, Scientific and Cultural Organization (UNESCO), publisher: UNESCO Institute for Statistics (UIS) 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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