Namibia—Tax Revenue (% of GDP)
Category: Fiscal & MonetarySource: World Bank World Development Indicators ↗Global Rank: #3 of 139Updated April 2026
Latest Value
33.0%
2023
YoY Change
+21.3%
2022 → 2023
Global Rank
#3
of 139 countries
Maximum
34.6%
2014
Minimum
23.2%
2003
CAGR
+0.8%
24 years
Last
33.0%
Previous
27.2%
Highest
34.6%
Lowest
23.2%
Source
World Bank World Development Indicators
Namibia's tax revenue (% of gdp) was 33.0% in 2023, ranking #3 out of 139 countries. This represents a +21.3% change from 2022. Over the past 24 years, the highest recorded value was 34.6% (2014) and the lowest was 23.2% (2003). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | 33.0% | +21.3% |
| 2022 | 27.2% | -3.2% |
| 2021 | 28.1% | -10.1% |
| 2020 | 31.2% | +2.7% |
| 2019 | 30.4% | +5.1% |
| 2018 | 28.9% | -7.6% |
| 2017 | 31.3% | +5.5% |
| 2016 | 29.7% | -11.2% |
| 2015 | 33.4% | -3.5% |
| 2014 | 34.6% | +5.0% |
| 2013 | 33.0% | +0.1% |
| 2012 | 32.9% | +11.4% |
| 2011 | 29.6% | +15.7% |
| 2010 | 25.5% | -12.1% |
| 2009 | 29.1% | -2.1% |
| 2008 | 29.7% | -2.7% |
| 2007 | 30.5% | +5.0% |
| 2006 | 29.1% | +13.0% |
| 2005 | 25.7% | +6.0% |
| 2004 | 24.3% | +4.6% |
| 2003 | 23.2% | -11.0% |
| 2002 | 26.1% | -0.9% |
| 2001 | 26.3% | -4.1% |
| 2000 | 27.4% |
Top Countries — Tax Revenue (% of GDP)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Nauru | 44.3% | 2020 |
| 2 | Lesotho | 37.3% | 2024 |
| 3 | Namibia | 33.0% | 2023 |
| 4 | Denmark | 31.6% | 2023 |
| 5 | New Zealand | 30.7% | 2023 |
| 6 | Sweden | 27.6% | 2023 |
| 7 | Norway | 27.1% | 2023 |
| 8 | United Kingdom | 27.0% | 2024 |
| 9 | Luxembourg | 26.8% | 2023 |
| 10 | Greece | 26.7% | 2023 |
About This Indicator
Definition
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Methodology
Data compiled by Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).