Adjusted savings: mineral depletion in Namibia

Namibia: Adjusted savings: mineral depletion was 262.77 million current US$ in 2021. ◆ Volatile

Latest (2021)
262.77 million current US$
Change on year
up 266.3%
World rank
56th
of 217 countries
All-time high
427.98 million current US$
in 1988
All-time low
2.69 million current US$
in 2002
Years of data
52
1970–2021

Adjusted savings: mineral depletion in Namibia, 1970–2021

0100.0M200.0M300.0M400.0M197019952021

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

The most recent figure for adjusted savings: mineral depletion in Namibia is 262.77 million current US$, measured in 2021.

The figure is up 266.3% on the previous year and up 111.0% over ten years.

Over the whole period, adjusted savings: mineral depletion in Namibia peaked at 427.98 million current US$ in 1988 and was at its lowest, 2.69 million current US$, in 2002.

That places Namibia 56th out of 217 countries with data for 2021, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 30.94 million current US$ 12.50 million current US$ 74.58 million current US$ 10
1980s 102.45 million current US$ 8.22 million current US$ 427.98 million current US$ 10
1990s 18.03 million current US$ 2.82 million current US$ 121.72 million current US$ 10
2000s 66.45 million current US$ 2.69 million current US$ 333.74 million current US$ 10
2010s 102.35 million current US$ 39.61 million current US$ 215.66 million current US$ 10
2020s 167.25 million current US$ 71.73 million current US$ 262.77 million current US$ 2

Countries ranked near Namibia

  1. 53 Portugal 291.81 million current US$ compare
  2. 54 Nicaragua 290.68 million current US$ compare
  3. 55 Japan 275.91 million current US$ compare
  4. 57 Ethiopia 228.18 million current US$ compare
  5. 58 New Zealand 186.27 million current US$ compare
  6. 59 Georgia 184.49 million current US$ compare

See the full ranking of 217 places →

More economy & growth data for Namibia

All data for Namibia →

Frequently asked questions

What is adjusted savings: mineral depletion in Namibia?
Adjusted savings: mineral depletion in Namibia was 262.77 million current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: mineral depletion recorded in Namibia?
The highest recorded value was 427.98 million current US$ in 1988.
What is the lowest adjusted savings: mineral depletion recorded in Namibia?
The lowest recorded value was 2.69 million current US$ in 2002.
How does Namibia rank for adjusted savings: mineral depletion?
Namibia ranks 56th out of 217 countries with data for 2021.
Is adjusted savings: mineral depletion rising or falling in Namibia?
Over the last ten years it is up 111.0%. The long-run trend across the full record is volatile.
Where does this Namibia data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Adjusted savings: mineral depletion (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Adjusted savings: mineral depletion (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
217 places, 11,281 data points, 1970–2021
Last refreshed

Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime (capped at 25 years). It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate. 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.