Namibia: Oil rents (% of GDP)

Key figures

What the numbers say

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.

How it compares

In 2021, Namibia had the 114th highest value of the 188 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

• Mauritania — 159th of 188: 0%
• Mauritius — 160th of 188: 0%
• Montenegro — 161st of 188: 0%
• Nepal — 163rd of 188: 0%
• New Caledonia — 164th of 188: 0%
• North Macedonia — 165th of 188: 0%

What this measures

Oil rents are the difference between the value of crude oil production at regional prices and total costs of production.

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

All 32 values

Oil rents (% of GDP) in nearby economies

• Angola — 28.27% (2021)
• Benin — 0% (2021)
• Botswana — 0% (2021)
• Burkina Faso — 0% (2021)
• Burundi — 0% (2021)
• Cabo Verde — 0% (2021)
• Cameroon — 2.36% (2021)
• Central African Republic — 0% (2021)
• Chad — 16.75% (2021)
• Comoros — 0% (2021)
• Congo, Dem. Rep. — 0.65% (2021)
• Congo, Rep. — 34.38% (2021)

More environment data for Namibia

• Population in largest city — 511,369 (2025)
• Population in the largest city (% of urban population) — 32.5% (2025)
• Rural population — 1.52 million (2025)
• Rural population (% of total population) — 49.13% (2025)
• Urban population — 1.57 million (2025)
• Urban population (% of total population) — 50.87% (2025)
• Aquaculture production (metric tons) — 340 (2024)
• Capture fisheries production (metric tons) — 381,230 (2024)
• Total fisheries production (metric tons) — 381,570 (2024)
• Rural population growth (annual %) — 1.12% (2025)

Reading data like this

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Questions people ask

What is Namibia's oil rents (% of GDP)?

0% in 2021, according to the World Bank (World Development Indicators).

How has it changed since 1990?

It is unchanged since 1990. The highest value was 0% in 1990 and the lowest 0% in 1990.

How does Namibia rank?

114th highest of 188 economies with data for 2021.

Where does this data come from?

The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: The Changing Wealth of Nations, World Bank (WB), uri: https://www.worldbank.org/en/publication/changing-wealth-of-nations/data, note: World Bank staff estimates based on sources and methods described in the World Bank's The Changing Wealth of Nations., publisher: World Bank (WB); Staff estimates, Wo….

Source

World Bank, World Development Indicators, indicator NY.GDP.PETR.RT.ZS, licensed CC BY 4.0. Original source: The Changing Wealth of Nations, World Bank (WB), uri: https://www.worldbank.org/en/publication/changing-wealth-of-nations/data, note: World Bank staff estimates based on sources and methods described in the World Bank's The Changing Wealth of Nations., publisher: World Bank (WB); Staff estimates, Wo… 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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