Subsidies and other transfers in Namibia
Namibia: Subsidies and other transfers was 33.11 billion current LCU in 2024. ◆ Volatile
Subsidies and other transfers in Namibia, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Namibia recorded 33.11 billion current LCU for subsidies and other transfers in 2024. That is the highest value across all 26 years on record.
That represents a change of up 19.8% on the previous year and up 88.8% over ten years.
Over the whole period, subsidies and other transfers in Namibia peaked at 33.11 billion current LCU in 2024 and was at its lowest, 181.40 million current LCU, in 1990.
That places Namibia 95th out of 153 countries with data for 2024, 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 181.40 million current LCU | 181.40 million current LCU | 181.40 million current LCU | 1 |
| 2000s | 2.97 billion current LCU | 1.50 billion current LCU | 5.80 billion current LCU | 10 |
| 2010s | 16.01 billion current LCU | 7.60 billion current LCU | 22.52 billion current LCU | 10 |
| 2020s | 25.60 billion current LCU | 21.31 billion current LCU | 33.11 billion current LCU | 5 |
Countries ranked near Namibia
More public sector data for Namibia
- Arms imports 54.00 million SIPRI trend indicator values (2024)
- Tax revenue 33.9% (2024)
- Taxes on income, profits and capital gains 36.8% (2024)
- Taxes on goods and services 25.4% (2024)
- Net investment in nonfinancial assets 1.6% (2024)
- Net lending (+) / net borrowing (-) -4.7% (2024)
- Interest payments 14.7% (2024)
- Grants and other revenue 4.1% (2024)
- Interest payments 14.1% (2023)
- Other taxes 0.4% (2024)
Frequently asked questions
- What is subsidies and other transfers in Namibia?
- Subsidies and other transfers in Namibia was 33.11 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Namibia?
- The highest recorded value was 33.11 billion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Namibia?
- The lowest recorded value was 181.40 million current LCU in 1990.
- How does Namibia rank for subsidies and other transfers?
- Namibia ranks 95th out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Namibia?
- Over the last ten years it is up 88.8%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. 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.