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.

Government Spending in Namibia is expected to be 28892.75 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 29914.09 NAD Million in 2020, according to our econometric models.

Namibia Government Spending
Forecast Data Chart
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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 368.40 416.00 479.20 63.90 USD Million [+]
Credit Rating 55.00 [+]

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. This page provides - Namibia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Namibia Government Spending - actual data, historical chart and calendar of releases - was last updated on April of 2019.

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

Country Last Previous
Argentina 100173.00 Dec/18
Australia 89290.00 Dec/18
Brazil 103641.04 Feb/19
Canada 417805.00 Dec/18
China 220906.00 Dec/18
Euro Area 545.63 Dec/18
France 136594.00 Dec/18
Germany 143.97 Dec/18
India 3410.32 Dec/18
Indonesia 283404.39 Dec/18
Italy 78024.10 Dec/18
Japan 107892.20 Dec/18
Mexico 2193603.00 Dec/18
Netherlands 44944.00 Dec/18
Russia 4067.40 Dec/18
Saudi Arabia 195776.00 Dec/18
Singapore 10699.80 Dec/18
South Africa 643445.00 Dec/18
South Korea 62355.80 Dec/18
Spain 56511.00 Dec/18
Switzerland 19877.18 Dec/18
Turkey 69495065.30 Dec/18
United Kingdom 92768.00 Dec/18
United States 3188.70 Dec/18