Namibia—Fiscal Balance (% of GDP)
Category: Fiscal & MonetarySource: IMF World Economic Outlook ↗Global Rank: #160 of 192Updated August 2026
Latest Value
-5.3%
2031
YoY Change
-3.9%
2030 → 2031
Global Rank
#160
of 192 countries
Maximum
6.0%
2007
Minimum
-9.3%
2016
Last
-5.3%
Previous
-5.1%
Highest
6.0%
Lowest
-9.3%
Unit
Percent of GDP
Source
IMF World Economic Outlook
Namibia's fiscal balance (% of GDP) was -6.1% in 2026, ranking #160 out of 192 countries. This represents a -3.9% change from 2030. Over the past 27 years, the highest recorded value was 6.0% (2007) and the lowest was -9.3% (2016). The IMF WEO projects -5.3% by 2031. Data sourced from the IMF World Economic Outlook.
Actual
IMF Forecast
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2031 | -5.3% | -3.9% |
| 2030 | -5.1% | -2.0% |
| 2029 | -5.0% | +0.0% |
| 2028 | -5.0% | +7.4% |
| 2027 | -5.4% | +11.5% |
| 2026 | -6.1% | +6.2% |
| 2025 | -6.5% | -71.1% |
| 2024 | -3.8% | -22.6% |
| 2023 | -3.1% | +50.8% |
| 2022 | -6.3% | +27.6% |
| 2021 | -8.7% | -7.4% |
| 2020 | -8.1% | -47.3% |
| 2019 | -5.5% | -7.8% |
| 2018 | -5.1% | -2.0% |
| 2017 | -5.0% | +46.2% |
| 2016 | -9.3% | -12.0% |
| 2015 | -8.3% | -29.7% |
| 2014 | -6.4% | -36.2% |
| 2013 | -4.7% | -51.6% |
| 2012 | -3.1% | +56.3% |
| 2011 | -7.1% | -42.0% |
| 2010 | -5.0% | -1150.0% |
| 2009 | -0.4% | -111.4% |
| 2008 | 3.5% | -41.7% |
| 2007 | 6.0% | +76.5% |
| 2006 | 3.4% | +1233.3% |
| 2005 | -0.3% | +88.9% |
| 2004 | -2.7% | +40.0% |
| 2003 | -4.5% | -221.4% |
| 2002 | -1.4% | +30.0% |
| 2001 | -2.0% | -150.0% |
| 2000 | -0.8% |
IMF Forecast
Projections from the IMF World Economic Outlook. These are staff estimates, not guarantees.
| Year | Projected Value | Change from Previous |
|---|---|---|
| 2026Forecast | -6.1% | +6.2% |
| 2027Forecast | -5.4% | +11.5% |
| 2028Forecast | -5.0% | +7.4% |
| 2029Forecast | -5.0% | +0.0% |
| 2030Forecast | -5.1% | -2.0% |
| 2031Forecast | -5.3% | -3.9% |
Top Countries — Fiscal Balance (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Kuwait | 27.6% | 2026 |
| 2 | Naoero | 13.1% | 2026 |
| 3 | Norway | 10.2% | 2026 |
| 4 | Oman | 5.2% | 2026 |
| 5 | United Arab Emirates | 4.9% | 2026 |
| 6 | Lesotho | 4.2% | 2026 |
| 7 | Macao SAR, China | 4.2% | 2026 |
| 8 | Singapore | 3.3% | 2026 |
| 9 | Lebanon | 3.3% | 2025 |
| 10 | Liechtenstein | 3.0% | 2026 |
About This Indicator
Definition
General government net lending/borrowing as a percentage of GDP. A positive value indicates a fiscal surplus; negative indicates a deficit.
Methodology
Revenue minus expenditure minus net acquisition of nonfinancial assets, as a percentage of GDP. A comprehensive measure of the fiscal balance.
Unit
Percent of GDP