Namibia's gross fixed capital formation, private sector (current LCU) was 53.67 billion in 2025, the latest year in the World Bank's World Development Indicators. That is up 41.73% from 37.87 billion in 2015 (3.55% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 53.67 billion | 2025 |
| Five years earlier | 19.85 billion | 2020 |
| Ten years earlier | 37.87 billion | 2015 |
| Highest | 57.43 billion | 2023 |
| Lowest | 19.85 billion | 2020 |
| Average since 2016 | 34.77 billion | 2016–2025 |
| First recorded | 31.55 billion |
What the numbers say
In 2025, Namibia's gross fixed capital formation, private sector (current LCU) fell 4.9% on 2024 (from 56.45 billion to 53.67 billion).
Across the 11 yearly changes before that (2014 to 2024), the average change was +8.9% and a typical year strayed about 31.9% from that (the standard deviation). This year's change was 0.4 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 89.2% in 2023 and the biggest yearly fall was 23.8% 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 the straight-line trend is upward, about 3.78 billion a year. A straight line explains 59% of the movement over 10 observed years.
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 35th highest value of the 42 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
- Singapore — 31st of 42: 139.3 billion
- Nicaragua — 32nd of 42: 123.04 billion
- Mauritius — 33rd of 42: 120.84 billion
- Gambia, The — 35th of 42: 42.06 billion
- Macao SAR, China — 36th of 42: 30.52 billion
- Sierra Leone — 37th of 42: 22 billion
What this measures
Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. 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 current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
All 13 values
| Year | Gross fixed capital formation, private sector (current LCU) |
|---|---|
| 2025 | 53,667,486,626 |
| 2024 | 56,450,393,318 |
| 2023 | 57,429,861,062 |
| 2022 | 30,348,286,500 |
| 2021 | 25,839,263,300 |
| 2020 | 19,850,277,400 |
| 2019 | 23,926,552,100 |
| 2018 | 25,685,407,000 |
| 2017 | 25,637,356,600 |
| 2016 | 28,835,216,200 |
Gross fixed capital formation, private sector (current LCU) in nearby economies
- Angola — 7.6 trillion (2024)
- Benin — 4.14 trillion (2025)
- Burkina Faso — 1.19 trillion (2022)
- Cameroon — 5.37 trillion (2025)
- Chad — 1.39 trillion (2025)
- Congo, Dem. Rep. — 31.41 trillion (2025)
- Congo, Rep. — 1.17 trillion (2020)
- Côte d'Ivoire — 7.36 trillion (2025)
- Equatorial Guinea — 212.76 billion (2025)
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 gross fixed capital formation, private sector (current LCU)?
- 53.67 billion in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 2013?
- It is up 70.11% from 31.55 billion in 2013 (4.53% a year on average, compounded). The highest value was 57.43 billion in 2023 and the lowest 19.85 billion in 2020.
- How does Namibia rank?
- 35th highest of 42 economies with data for 2025.
- Is the latest change in gross fixed capital formation, private sector (current LCU) unusual for Namibia?
- In 2025, Namibia's gross fixed capital formation, private sector (current LCU) fell 4.9% on 2024 (from 56.45 billion to 53.67 billion). Across the 11 yearly changes before that (2014 to 2024), the average change was +8.9% and a typical year strayed about 31.9% from that (the standard deviation). This year's change was 0.4 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.FPRV.CN, 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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