Total natural resources rents (% of GDP) in Namibia
Namibia: Total natural resources rents (% of GDP) 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 214 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 (% of GDP) 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% |
Namibia compared with similar countries
- Namibia's 4.0% is below the median for lower middle income countries, which is 4.4%, 92% of the median. (47 countries reporting)
- Namibia's 4.0% is below the median for Sub-Saharan Africa, which is 7.7%, 53% of the median. (48 countries reporting)
Biggest year-on-year movements
Years where Total natural resources rents (% of GDP) in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +1622.3% | 2.3% | 40.1% |
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
- Fossil fuel consumption by fuel, per capita 0 terawatt-hours per person (2024)
- Fossil fuel consumption by fuel, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, annual growth rate 1.65 % change on previous year (2024)
- Coal consumption, per capita 0 terawatt-hours per person (2024)
- Coal consumption, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Primary energy use, per capita 0 terawatt-hours per person (2024)
- Coal production, per capita 0 terawatt-hours per person (2024)
- Coal production, per unit of GDP 0 terawatt-hours per US$ of GDP (2024)
- Fuel imports 15.9% (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 214 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.
Download this data
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.