Government Spending in Namibia increased to 42574.84 NAD Million in 2024 from 41264 NAD Million in 2023. Government Spending in Namibia averaged 20203.87 NAD Million from 1980 until 2024, reaching an all time high of 42574.84 NAD Million in 2024 and a record low of 6120.00 NAD Million in 1980. source: Central Bureau of Statistics, Namibia

Government Spending in Namibia is expected to reach 44193.00 NAD Million by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Government Spending is projected to trend around 46093.00 NAD Million in 2027 and 48075.00 NAD Million in 2028, according to our econometric models.



Related Last Previous Unit Reference
Credit Rating 37.00 Jan 2026
Government Budget -3.90 -2.40 percent of GDP Dec 2024
Government Debt 176127.00 171520.47 NAD Million Jun 2025
Government Debt to GDP 65.30 63.90 percent of GDP Dec 2024
Government Spending 42574.84 41264.00 NAD Million Dec 2024
Holidays
Military Expenditure 362.40 339.40 USD Million Dec 2024


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.
Actual Previous Highest Lowest Dates Unit Frequency
42574.84 41264.00 42574.84 6120.00 1980 - 2024 NAD Million Yearly
Constant Prices 2015, NSA