Vegetable oil vs gdp, annual growth rate in Namibia

Namibia: Vegetable oil vs gdp, annual growth rate was -3.15 % change on previous year in 2023. β—† Volatile

Latest (2023)
-3.15 % change on previous year
Change on year
down 116.5%
World rank
120th
of 184 countries
All-time high
37.59 % change on previous year
in 2004
All-time low
-29.69 % change on previous year
in 1994
Years of data
62
1962–2023

Vegetable oil vs gdp, annual growth rate in Namibia, 1962–2023

-2002040196219922023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for vegetable oil vs gdp, annual growth rate in Namibia is -3.15 % change on previous year, measured in 2023.

The figure is down 116.5% on the previous year and down 125.9% over ten years.

Over the whole period, vegetable oil vs gdp, annual growth rate in Namibia peaked at 37.59 % change on previous year in 2004 and was at its lowest, -29.69 % change on previous year, in 1994.

That places Namibia 120th out of 184 countries with data for 2023, 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
1960s -0.6413 % change on previous year -2.45 % change on previous year 1.04 % change on previous year 8
1970s 0.1647 % change on previous year -1.54 % change on previous year 1.32 % change on previous year 10
1980s -2.17 % change on previous year -11.12 % change on previous year 4.59 % change on previous year 10
1990s 6.31 % change on previous year -29.69 % change on previous year 35.12 % change on previous year 10
2000s 7.6 % change on previous year -14.85 % change on previous year 37.59 % change on previous year 10
2010s 5.3 % change on previous year -9.54 % change on previous year 26.09 % change on previous year 10
2020s -2.15 % change on previous year -4.1 % change on previous year 0.0972 % change on previous year 4

Countries ranked near Namibia

  1. 117 Serbia -2.75 % change on previous year compare
  2. 118 Nigeria -2.76 % change on previous year compare
  3. 119 Madagascar -2.99 % change on previous year compare
  4. 121 Afghanistan -3.15 % change on previous year compare
  5. 122 Republic of Moldova -3.26 % change on previous year compare
  6. 123 Congo, Democratic Republic of the -3.26 % change on previous year compare

See the full ranking of 184 places β†’

More energy & mining data for Namibia

All data for Namibia β†’

Frequently asked questions

What is vegetable oil vs gdp, annual growth rate in Namibia?
Vegetable oil vs gdp, annual growth rate in Namibia was -3.15 % change on previous year in 2023, according to Statizoid (derived).
What is the highest vegetable oil vs gdp, annual growth rate recorded in Namibia?
The highest recorded value was 37.59 % change on previous year in 2004.
What is the lowest vegetable oil vs gdp, annual growth rate recorded in Namibia?
The lowest recorded value was -29.69 % change on previous year in 1994.
How does Namibia rank for vegetable oil vs gdp, annual growth rate?
Namibia ranks 120th out of 184 countries with data for 2023.
Is vegetable oil vs gdp, annual growth rate rising or falling in Namibia?
Over the last ten years it is down 125.9%. The long-run trend across the full record is volatile.
Where does this Namibia data come from?
The figures come from Statizoid (derived), published as part of Vegetable oil vs gdp, annual growth rate. Statizoid updates them automatically from the source API.

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Vegetable oil vs gdp, annual growth rate in Namibia. Statizoid, drawing on Statizoid (derived). Retrieved 20 August 2026, from https://energy.statizoid.com/stat/vegetable-oil-vs-gdp-annual-growth-rate/namibia/

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How this figure is calculated

The year-on-year percentage change in Vegetable oil vs gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Vegetable oil vs gdp, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
184 places, 9,978 data points, 1962–2023
Last refreshed

The year-on-year percentage change in Vegetable oil vs gdp. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.