Adjusted savings: net national savings in Namibia

Namibia: Adjusted savings: net national savings was -658.12 million current US$ in 2021. ◆ Volatile

Latest (2021)
-658.12 million current US$
Change on year
down 207.5%
World rank
165th
of 176 countries
All-time high
1.91 billion current US$
in 2006
All-time low
-658.12 million current US$
in 2021
Years of data
32
1990–2021

Adjusted savings: net national savings in Namibia, 1990–2021

-1.0B01.0B2.0B1990200520211990: 703.6M current US$1991: 431.2M current US$1992: 597.6M current US$1993: 470.0M current US$1994: 717.6M current US$1995: 803.4M current US$1996: 721.7M current US$1997: 619.7M current US$1998: 644.7M current US$1999: 509.5M current US$2000: 660.4M current US$2001: 406.4M current US$2002: 503.6M current US$2003: 681.8M current US$2004: 1.2B current US$2005: 1.3B current US$2006: 1.9B current US$2007: 1.6B current US$2008: 1.3B current US$2009: 465.2M current US$2010: 852.8M current US$2011: 396.0M current US$2012: 545.8M current US$2013: 975.2M current US$2014: 1.5B current US$2015: 602.4M current US$2016: -543.2M current US$2017: 335.2M current US$2018: 145.4M current US$2019: 259.1M current US$2020: 612.3M current US$2021: -658.1M current US$

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

Analysis

Namibia recorded -658.12 million current US$ for adjusted savings: net national savings in 2021. That is the lowest value across all 32 years on record.

The figure is down 207.5% on the previous year and down 266.2% over ten years.

Over the whole period, adjusted savings: net national savings in Namibia peaked at 1.91 billion current US$ in 2006 and was at its lowest, -658.12 million current US$, in 2021.

Namibia ranks 165th of 176 countries on this measure, in the bottom quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1990s 621.90 million current US$ 431.22 million current US$ 803.37 million current US$ 10
2000s 1.01 billion current US$ 406.36 million current US$ 1.91 billion current US$ 10
2010s 504.96 million current US$ -543.19 million current US$ 1.48 billion current US$ 10
2020s -22.92 million current US$ -658.12 million current US$ 612.28 million current US$ 2

Countries ranked near Namibia

  1. 162 East Timor -445.72 million current US$ compare
  2. 163 Georgia -510.69 million current US$ compare
  3. 164 Cyprus -549.80 million current US$ compare
  4. 166 Congo -938.81 million current US$ compare
  5. 167 Portugal -1.22 billion current US$ compare
  6. 168 Tunisia -1.23 billion current US$ compare

See the full ranking of 176 places →

More economy & growth data for Namibia

All data for Namibia →

Frequently asked questions

What is adjusted savings: net national savings in Namibia?
Adjusted savings: net national savings in Namibia was -658.12 million current US$ in 2021, according to Staff estimates, World Bank (WB).
What is the highest adjusted savings: net national savings recorded in Namibia?
The highest recorded value was 1.91 billion current US$ in 2006.
What is the lowest adjusted savings: net national savings recorded in Namibia?
The lowest recorded value was -658.12 million current US$ in 2021.
How does Namibia rank for adjusted savings: net national savings?
Namibia ranks 165th out of 176 countries with data for 2021.
Is adjusted savings: net national savings rising or falling in Namibia?
Over the last ten years it is down 266.2%. 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: net national savings (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Adjusted savings: net national savings (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
176 places, 5,846 data points, 1970–2021
Last refreshed

Net national savings are equal to gross national savings less the value of consumption of fixed capital. 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.