🇳🇦 Namibia Net lending / net borrowing
Namibia Net lending / net borrowing was -1.85 in 2023, up 72.6% from 2022, according to World Bank data. The 10-year average is -7.23. Historical data available from 1991 to 2023 (27 data points). The all-time high was 12.90 in 2007.
Source: World Bank World Development Indicators • 1991–2023 • 27 data points • Public Sector
Namibia Net lending (+) / net borrowing (-) (% of GDP) — 1991 to 2023
About this Indicator
Net lending (+) / net borrowing (–) equals government revenue minus expense, minus net investment in nonfinancial assets. It is also equal to the net result of transactions in financial assets and liabilities. Net lending/net borrowing is a summary measure indicating the extent to which government is either putting financial resources at the disposal of other sectors in the economy or abroad, or utilizing the financial resources generated by other sectors in the economy or from abroad. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Historical Data Table
| Year | Value |
|---|---|
| 2023 | -1.85 |
| 2022 | -6.73 |
| 2021 | -9.55 |
| 2020 | -9.99 |
| 2019 | -5.21 |
| 2018 | -6.92 |
| 2017 | -8.53 |
| 2016 | -8.41 |
| 2015 | -4.35 |
| 2014 | -10.76 |
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