🇳🇦 Namibia Gross fixed capital formation, private sector (current LCU) — Historical Data

World Bank data • 2013202412 data pointsEconomy & Growth

Latest Value
$53.27B
2024
Year-on-Year
-5.3%
vs 2023
10-Year Average
$32.75B
20152024
Range
$56.25B (2023)
$19.85B (2020)

Namibia Gross fixed capital formation, private sector (current LCU)2013 to 2024

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About this Indicator

Private investment covers outlays by the private sector (including private nonprofit agencies) on additions to its fixed domestic assets. Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.

Historical Data Table

YearValue
2024$53.27B
2023$56.25B
2022$30.35B
2021$25.84B
2020$19.85B
2019$23.93B
2018$25.69B
2017$25.64B
2016$28.84B
2015$37.87B

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