Total natural resources rents in Namibia
Namibia: Total natural resources rents was 4.0% in 2021. ◆ Volatile
Total natural resources rents in Namibia, 1980–2021
Source: The Changing Wealth of Nations, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for total natural resources rents in Namibia is 4.0%, measured in 2021.
Compared with earlier readings it is up 108.8% on the previous year and up 94.5% over ten years.
Over the whole period, total natural resources rents in Namibia peaked at 40.1% in 1988 and was at its lowest, 0.5%, in 1993.
Namibia ranks 83rd of 212 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Total natural resources rents in Namibia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1980 | 6.3% | — |
| 1981 | 4.4% | -31.0% |
| 1982 | 2.9% | -32.8% |
| 1983 | 2.4% | -18.0% |
| 1984 | 3.6% | +50.1% |
| 1985 | 4.6% | +28.1% |
| 1986 | 1.4% | -69.8% |
| 1987 | 2.3% | +66.7% |
| 1988 | 40.1% | +1622.3% |
| 1989 | 32.0% | -20.3% |
| 1990 | 10.7% | -66.7% |
| 1991 | 1.3% | -87.8% |
| 1992 | 0.7% | -49.3% |
| 1993 | 0.5% | -26.9% |
| 1994 | 0.6% | +17.9% |
| 1995 | 0.8% | +42.6% |
| 1996 | 0.6% | -21.8% |
| 1997 | 0.9% | +42.5% |
| 1998 | 0.8% | -16.5% |
| 1999 | 0.5% | -29.5% |
| 2000 | 0.6% | +11.1% |
| 2001 | 0.6% | +7.2% |
| 2002 | 0.6% | -5.7% |
| 2003 | 0.9% | +55.5% |
| 2004 | 0.8% | -14.6% |
| 2005 | 1.2% | +48.9% |
| 2006 | 2.7% | +125.1% |
| 2007 | 5.8% | +119.7% |
| 2008 | 2.3% | -61.5% |
| 2009 | 1.9% | -14.2% |
| 2010 | 2.4% | +23.8% |
| 2011 | 2.1% | -13.3% |
| 2012 | 1.7% | -16.5% |
| 2013 | 1.2% | -32.2% |
| 2014 | 1.6% | +39.8% |
| 2015 | 1.9% | +14.2% |
| 2016 | 2.6% | +38.8% |
| 2017 | 3.4% | +28.9% |
| 2018 | 1.3% | -62.4% |
| 2019 | 1.4% | +13.8% |
| 2020 | 1.9% | +34.3% |
| 2021 | 4.0% | +108.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 10.0% | 1.4% | 40.1% | 10 |
| 1990s | 1.7% | 0.5% | 10.7% | 10 |
| 2000s | 1.7% | 0.6% | 5.8% | 10 |
| 2010s | 2.0% | 1.2% | 3.4% | 10 |
| 2020s | 3.0% | 1.9% | 4.0% | 2 |
Countries ranked near Namibia
More energy & mining data for Namibia
- Fuel imports 15.9% (2024)
- Ores and metals imports 9.9% (2024)
- Ores and metals exports 32.3% (2024)
- Gas production 0 terawatt-hours (2024)
- Fossil fuel production per person, by fuel 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel 0 terawatt-hours (2024)
- Gas production per person 0 kilowatt-hours per person (2024)
- Fossil fuel production by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel production by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Gas production, per capita 0 terawatt-hours per person (2024)
Frequently asked questions
- What is total natural resources rents in Namibia?
- Total natural resources rents in Namibia was 4.0% in 2021, according to The Changing Wealth of Nations, World Bank (WB).
- What is the highest total natural resources rents recorded in Namibia?
- The highest recorded value was 40.1% in 1988.
- What is the lowest total natural resources rents recorded in Namibia?
- The lowest recorded value was 0.5% in 1993.
- How does Namibia rank for total natural resources rents?
- Namibia ranks 83rd out of 212 countries with data for 2021.
- Is total natural resources rents rising or falling in Namibia?
- Over the last ten years it is up 94.5%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from The Changing Wealth of Nations, World Bank (WB), published as part of Total natural resources rents (% of GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Total natural resources rents are the sum of oil rents, natural gas rents, coal rents (hard and soft), mineral rents, and forest rents.