Namibia: Gross fixed capital formation (constant 2015 US$)

Key figures

What the numbers say

In 2025, Namibia's gross fixed capital formation (constant 2015 US$) fell 8.3% on 2024 (from US$3.2 billion to US$2.93 billion).

Across the 30 yearly changes before that (1995 to 2024), the average change was +7.6% and a typical year strayed about 19.6% from that (the standard deviation). This year's change was 0.8 standard deviations below 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 71% in 2023 and the biggest yearly fall was 27.7% in 2016. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 there is no clear straight-line trend: a straight line explains 27% 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 2025, Namibia had the 108th highest value of the 123 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 2025 ranking

• Chad — 104th of 123: US$3.33 billion
• Moldova — 105th of 123: US$3.26 billion
• Mauritania — 106th of 123: US$2.95 billion
• Somalia, Fed. Rep. — 108th of 123: US$2.81 billion
• Mauritius — 109th of 123: US$2.7 billion
• Sierra Leone — 110th of 123: US$2.18 billion

What this measures

Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment is 2015. This indicator is expressed in United States dollars.

Regional and income-group figures are computed by the World Bank as a gap-filled total.

All 46 values

Gross fixed capital formation (constant 2015 US$) in nearby economies

• Angola — US$17.1 billion (2024)
• Benin — US$5.91 billion (2025)
• Botswana — US$4.37 billion (2025)
• Burkina Faso — US$4.73 billion (2025)
• Cameroon — US$9.09 billion (2025)
• Central African Republic — US$475.96 million (2025)
• Chad — US$3.33 billion (2025)
• Comoros — US$163.18 million (2025)
• Congo, Dem. Rep. — US$20.06 billion (2025)
• Congo, Rep.

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)

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Questions people ask

What is Namibia's gross fixed capital formation (constant 2015 US$)?

US$2.93 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1980?

It is up 353.66% from US$645.98 million in 1980 (3.42% a year on average, compounded). The highest value was US$3.7 billion in 2014 and the lowest US$295.39 million in 1986.

How does Namibia rank?

108th highest of 123 economies with data for 2025.

Is the latest change in gross fixed capital formation (constant 2015 US$) unusual for Namibia?

In 2025, Namibia's gross fixed capital formation (constant 2015 US$) fell 8.3% on 2024 (from US$3.2 billion to US$2.93 billion). Across the 30 yearly changes before that (1995 to 2024), the average change was +7.6% and a typical year strayed about 19.6% from that (the standard deviation). This year's change was 0.8 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NE.GDI.FTOT.KD, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, 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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