Namibia: Capital investment, percent of GDP

* indicates monthly or quarterly data series

Capital investment as percent of GDP

 Latest value 19.36
 Year 2022
 Measure percent
 Data availability 1980 - 2022
 Average 19.9
 Min - Max 8.14 - 34.78
 Source The World Bank
For that indicator, we provide data for Namibia from 1980 to 2022. The average value for Namibia during that period was 19.9 percent with a minimum of 8.14 percent in 1986 and a maximum of 34.78 percent in 2014. The latest value from 2022 is 19.36 percent. For comparison, the world average in 2022 based on 142 countries is 24.55 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Namibia - Capital investment, percent of GDP - recent values

Historical chart
Namibia - Capital investment, percent of GDP - historical chart - 1980-2022

The capital investment in Namibia and other countries is calculated as the purchases of new plant and equipment by firms, as percent of GDP. A high number is good for long-term economic growth as current investment leads to greater future production.
Definition: Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and "work in progress." According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.

 Related indicators Latest value Reference Measure
 Capital investment, percent of GDP 19.36 2022 percent
 Capital investment, in dollars 2.50 2022 billion U.S. dollars
 Household consumption, percent of GDP 76.32 2022 percent
 Household consumption, in dollars 9.86 2022 billion U.S. dollars
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