Gross Savings (As % of GNI) rose 59.4% to 16.2% in Namibia in 2017

Gross Savings (As % of GNI) (%), 2017
Economy | Namibia | May 17, 2019
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Gross savings as a percentage of GNI rose 59.4% to 16.2% in Namibia in 2017, according to the National Statistical Office.

Historically, gross savings as a percentage of GNI in Namibia reached an all time high of 37.1% in 1990 and an all time low of 10.1% in 2016. When compared to Namibia's main peers, gross savings as a percentage of GNI in Angola amounted to 27.3%, 40.7% in Botswana, 16.3% in South Africa and -2.42% in Zimbabwe in 2017.

Namibia has been ranked 110th within the group of 146 countries we follow in terms of gross savings as a percentage of GNI, 62 places below the position seen 10 years ago.

Gross Savings (As % of GNI) Unit 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
Angola % 34.5% 31.9% 26.4% 25.8% 24.9%
Botswana % 38.3% 42.0% 37.0% 36.8% 36.9% ...
Dem. Republic of the Congo % ... 13.7% 16.8% 14.4% 11.1% 22.3%
Lesotho % 26.1% 29.9% 26.2% 17.2% 18.8%
Mozambique % 12.4% 10.7% 12.9% 10.5% 12.9%
Namibia % 18.9% 23.2% 16.4% 5.49% 13.1%
South Africa % 15.8% 16.1% 16.9% 17.0% 16.6%
Swaziland % 23.7% 24.6% 23.6% 20.2% 17.4%
Zambia % ... ... ... ... 34.4% 33.0% 34.4% 31.4% 37.9%
Zimbabwe % ... ... ... ... ... ... ... ... ... ... -5.48% -3.35% -9.11% -1.33% -2.42% ... ...