Namibia: Net ODA received (% of gross capital formation)

Key figures

What the numbers say

In 2023, Namibia's net ODA received (% of gross capital formation) fell 5.29 percentage points on 2022 (from 13.01% to 7.72%).

Across the 30 yearly changes before that (1993 to 2022), the average change was −0.32 percentage points and a typical year strayed about 4.49 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations below 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 23.2 percentage points in 1991 and the biggest yearly fall was 16.55 percentage points in 1992. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is upward, about 0.62 percentage points a year. A straight line explains 47% 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 2023, Namibia had the 62nd highest value of the 111 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 2023 ranking

• Mauritania — 58th of 111: 8.81%
• Pakistan — 59th of 111: 8.43%
• Kyrgyz Republic — 60th of 111: 8.42%
• Bolivia — 62nd of 111: 7.69%
• Venezuela, RB — 63rd of 111: 7.43%
• Honduras — 64th of 111: 7.23%

What this measures

Net official development assistance (ODA) consists of disbursements of loans made on concessional terms (net of repayments of principal) and grants by official agencies of the members of the Development Assistance Committee (DAC), by multilateral institutions, and by non-DAC countries to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. It includes loans with a grant element of at least 25 percent (calculated at a rate of discount of 10 percent).

Limitations: Data on ODA is for aid-receiving countries. The data cover loans and grants from DAC member countries, multilateral organizations, and non-DAC donors. They do not reflect aid given by recipient countries to other developing countries. As a result, some countries that are net donors are shown as aid recipients. The indicator does not distinguish types of aid (program, project, or food aid; emergency assistance; or post-conflict peacekeeping assistance), which may have different effects on the economy. Ratio of aid to gross capital formation provides measures of recipient country's dependency on aid. But care must be taken in drawing policy conclusions.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 40 values

Net ODA received (% of gross capital formation) in nearby economies

• Angola — 1.12% (2023)
• Benin — 15.23% (2023)
• Botswana — 4.86% (2023)
• Burkina Faso — 35.26% (2023)
• Cabo Verde — 18.69% (2023)
• Cameroon — 9.99% (2023)
• Central African Republic — 121.54% (2023)
• Chad — 32.15% (2023)
• Comoros — 85.38% (2023)
• Congo, Dem. 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)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
• Data analysis examples: 6 worked from one dataset — 3 min read
• Real change or random noise? A plain guide to reading your numbers — 2 min read

Questions people ask

What is Namibia's net ODA received (% of gross capital formation)?

7.72% in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1983?

It is up 7.72 percentage points from 0.00255% in 1983. The highest value was 39.04% in 1991 and the lowest 0.00255% in 1983.

How does Namibia rank?

62nd highest of 111 economies with data for 2023.

Is the latest change in net ODA received (% of gross capital formation) unusual for Namibia?

In 2023, Namibia's net ODA received (% of gross capital formation) fell 5.29 percentage points on 2022 (from 13.01% to 7.72%). Across the 30 yearly changes before that (1993 to 2022), the average change was −0.32 percentage points and a typical year strayed about 4.49 percentage points from that (the standard deviation). This year's change was 1.1 standard deviations below 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 DT.ODA.ODAT.GI.ZS, licensed CC BY 4.0. Original source: Development Assistance Committee, Organisation for Economic Co-operation and Development (OECD), uri: www.oecd.org/dac/stats/idsonline; Geographical Distribution of Financial Flows to Developing Countries, Organisation for Economic Co-operation and Development (OECD), uri: www.oecd.org/dac/stats/ids… 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.

Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.