Economy · Tax revenue · Namibia
Namibia’s tax revenue rose to 33.9% of GDP in 2024.
33.9% of GDP
2024
Up 1.2 pp from 2023.
Updated 8 Oct 2026
In plain words
33.9% of GDP
What it is. Tax revenue here is what the central government collects in taxes, divided by the size of the economy. Income and profit taxes, VAT and customs receipts all count. Because it is a share of GDP, it shows how much of national output passes through the state's tax system, whatever the size of the economy. Non-tax income such as mining royalties and dividends sits outside the measure, as do taxes raised by other levels of government.
Higher is better. A higher share gives the state more of its own funding for spending and for servicing debt, so higher is better for this measure. The latest figure is 33.9% of GDP for 2024, up 1.2 percentage points from 32.7% of GDP in 2023. It is the highest reading since 2015, matching the top of its range. The low in that span was 27.2% of GDP in 2022, so the ratio has risen by a wide margin in two years.
Why it matters. At 33.9% of GDP, the Namibian state draws a large share of national income through taxes, which gives the government more room to fund services and to pay interest without borrowing as much. For households and firms, the same level means a heavy tax take, so collection rules and rates matter to their budgets. The next annual reading will show whether the recovery from the 2022 low holds.
| Period | Tax revenue · Namibia |
|---|---|
| 2015 | 33.4% of GDP |
| 2016 | 29.7% of GDP |
| 2017 | 31.3% of GDP |
| 2018 | 28.9% of GDP |
| 2019 | 30.4% of GDP |
| 2020 | 31.2% of GDP |
| 2021 | 28.1% of GDP |
| 2022 | 27.2% of GDP |
| 2023 | 32.7% of GDP |
| 2024 | 33.9% of GDP |
Source: World Bank, World Development Indicators (CC BY 4.0) · Licence: CC BY 4.0
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Strata-AF™ Data, Tax revenue, Namibia, 2024; source World Bank, World Development Indicators (CC BY 4.0), retrieved 8 Oct 2026; https://data.strata-af.com/economy/tax-revenue/namibia
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Methodology
Central government tax revenue as a share of GDP. Unit: % of GDP.
Source: World Bank, World Development Indicators (series GC.TAX.TOTL.GD.ZS), retrieved through the World Bank API and published under CC BY 4.0. Updated annually; the World Bank's own source notes apply.