Home/Countries/Namibia/Government Expenditure (% of GDP)

NamibiaGovernment Expenditure (% of GDP)

Category: Fiscal & MonetarySource: World Bank World Development IndicatorsGlobal Rank: #29 of 138Updated April 2026
Latest Value
36.5%
2023
YoY Change
+2.2%
20222023
Global Rank
#29
of 138 countries
Maximum
40.3%
2020
Minimum
22.9%
2007
CAGR
+1.1%
24 years
Last
36.5%
Previous
35.7%
Highest
40.3%
Lowest
22.9%
Source
World Bank World Development Indicators

Namibia's government expenditure (% of gdp) was 36.5% in 2023, ranking #29 out of 138 countries. This represents a +2.2% change from 2022. Over the past 24 years, the highest recorded value was 40.3% (2020) and the lowest was 22.9% (2007). Data sourced from the World Bank World Development Indicators.

Source: World Bank World Development Indicators

Historical Data

YearValueChange
202336.5%+2.2%
202235.7%-5.0%
202137.6%-6.7%
202040.3%+16.8%
201934.5%-1.6%
201835.1%-9.0%
201738.6%+8.8%
201635.5%-6.7%
201538.0%+2.3%
201437.2%+4.8%
201335.4%+11.9%
201231.7%-7.3%
201134.2%+21.7%
201028.1%+3.9%
200927.0%+7.5%
200825.2%+9.7%
200722.9%-4.3%
200624.0%-5.6%
200525.4%-0.8%
200425.6%-10.7%
200328.7%+4.9%
200227.3%-5.4%
200128.9%+2.8%
200028.1%

Top Countries — Government Expenditure (% of GDP)

#CountryValueYear
1Nauru103.6%2020
2Kiribati84.6%2023
3Ukraine65.6%2023
4Marshall Islands59.4%2020
5Palau58.3%2020
6Timor-Leste52.5%2022
7Greece47.3%2023
8Italy47.3%2023
9France47.3%2023
10Austria46.0%2023
View all 138 countries →