National Savings: Namibia

Namibia's national savings is currently 6.976 % of GDP as of 2026. # Namibia National Savings Namibia's national savings stood at 6.

Current (2026)

6.976 % of GDP

-6.3% y/y

Peak (2006)

37.377 % of GDP

Low (2016)

5.753 % of GDP

Source

IMF World Economic Outlook

2004–2026 · 23 pts

National Savings — Namibia

2004 — 2026

National Savings — Namibia

Analysis# Namibia National Savings Namibia's national savings stood at 6.976% of GDP in 2026, marking a dramatic decline from its all-time peak of 37.377% in 2006. The country has experienced a severe contraction of 73.0% over the 22-year period since 2004, with savings rates consistently hovering near record lows. The 2016 trough of 5.753% represents the weakest point in the measured data range. Volatility defines Namibia's recent savings trajectory. A notable spike in 2020 reached 17.146%—likely reflecting pandemic-related economic adjustments—only to collapse to 6.27% the following year. The downward trend has persisted since, with 2026 projections suggesting continued weakness at below 7% of GDP. Without significant policy shifts, Namibia's savings capacity appears structurally constrained compared to early-2000s levels.

Historical Data

23 Rows

Year	Value	Change %
2026	6.976 % of GDP	-6.32%
2025	7.447 % of GDP	-27.45%
2024	10.264 % of GDP	-19.54%
2023	12.756 % of GDP	+73.91%
2022	7.335 % of GDP	+16.99%
2021	6.27 % of GDP	-63.43%
2020	17.146 % of GDP	+26.51%
2019	13.553 % of GDP	+18.77%
2018	11.411 % of GDP	-14.32%
2017	13.318 % of GDP	+131.50%
2016	5.753 % of GDP	-65.98%
2015	16.913 % of GDP	-33.17%
2014	25.309 % of GDP	+18.70%
2013	21.321 % of GDP	+6.86%
2012	19.953 % of GDP	+27.20%
2011	15.686 % of GDP	-24.20%
2010	20.693 % of GDP	-10.87%
2009	23.216 % of GDP	-27.87%
2008	32.185 % of GDP	-2.46%
2007	32.997 % of GDP	-11.72%