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Namibia Fiscal Balance
-3.8% GDPas of 2024
Namibia's fiscal balance stands at -3.8% GDP as of 2024. The indicator has increased from -6.4% in 2014 to -3.8% in 2024. Source: IMF WEO.
Historical trend (2014–2024)
Fiscal Balance — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | -6.4% GDP | — |
| 2015 | -8.3% GDP | -1.9pp |
| 2016 | -9.3% GDP | -1.0pp |
| 2017 | -5% GDP | +4.3pp |
| 2018 | -5.1% GDP | -0.1pp |
| 2019 | -5.5% GDP | -0.4pp |
| 2020 | -8.1% GDP | -2.6pp |
| 2021 | -8.7% GDP | -0.6pp |
| 2022 | -6.3% GDP | +2.4pp |
| 2023 | -3.1% GDP | +3.2pp |
| 2024 | -3.8% GDP | -0.7pp |
Source: IMF WEO. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.