Namibia: Household consumption, in dollars

* indicates monthly or quarterly data series
 Namibia

Household consumption, billion USD

 Latest value 9.86
 Year 2022
 Measure billion U.S. dollars
 Data availability 1980 - 2022
 Average 4.28
 Min - Max 0.9 - 9.86
 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 4.28 billion U.S. dollars with a minimum of 0.9 billion U.S. dollars in 1985 and a maximum of 9.86 billion U.S. dollars in 2022. The latest value from 2022 is 9.86 billion U.S. dollars. For comparison, the world average in 2022 based on 141 countries is 258.65 billion U.S. dollars. 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 - Household consumption, in dollars - recent values

Historical chart
Namibia - Household consumption, in dollars - historical chart - 1980-2022




Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are in current U.S. dollars.


 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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