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% | ... | ... |