Government Spending in Namibia decreased to 27927 NAD Million in 2018 from 28749 NAD Million in 2017. Government Spending in Namibia averaged 15377.79 NAD Million from 1980 until 2018, reaching an all time high of 28749 NAD Million in 2017 and a record low of 6120 NAD Million in 1980. source: Central Bureau of Statistics, Namibia

Government Spending in Namibia is expected to be 27592.00 NAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Government Spending is projected to trend around 28887.00 NAD Million in 2020, according to our econometric models.

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Namibia Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
27927.00 28749.00 28749.00 6120.00 1980 - 2018 NAD Million Yearly
Constant Prices, NSA

Namibia Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.

Namibia Government Last Previous Highest Lowest Unit
Government Debt to GDP 45.10 40.30 45.10 14.22 percent [+]
Government Budget -4.40 -4.80 5.10 -8.10 percent of GDP [+]
Government Spending 27927.00 28749.00 28749.00 6120.00 NAD Million [+]
Government Debt 86647.30 72762.60 86647.30 11655.30 NAD Million [+]
Military Expenditure 436.00 458.00 565.00 75.00 USD Million [+]
Credit Rating 47.00 [+]