Namibia - Mineral depletion

Adjusted savings: mineral depletion (current US$)

The latest value for Adjusted savings: mineral depletion (current US$) in Namibia was 56,335,060 as of 2019. Over the past 49 years, the value for this indicator has fluctuated between 427,981,600 in 1988 and 2,692,776 in 2002.

Definition: Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime. It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.

Source: World Bank staff estimates based on sources and methods described in "The Changing Wealth of Nations 2018: Building a Sustainable Future" (Lange et al 2018).

See also:

Year Value
1970 18,970,490
1971 13,789,300
1972 12,495,120
1973 40,163,170
1974 74,576,100
1975 28,782,120
1976 34,453,550
1977 24,081,480
1978 18,962,030
1979 43,137,800
1980 71,213,790
1981 43,350,680
1982 24,546,460
1983 24,122,560
1984 33,072,270
1985 33,832,570
1986 8,222,341
1987 21,897,020
1988 427,981,600
1989 336,276,800
1990 121,716,600
1991 13,401,570
1992 5,269,207
1993 2,955,663
1994 4,589,669
1995 7,537,003
1996 2,817,158
1997 11,041,000
1998 5,467,920
1999 5,479,603
2000 5,780,787
2001 5,483,173
2002 2,692,776
2003 10,896,860
2004 12,573,080
2005 33,673,450
2006 123,622,700
2007 333,909,400
2008 76,313,290
2009 59,980,590
2010 119,095,600
2011 124,532,600
2012 98,355,840
2013 39,613,450
2014 75,557,500
2015 81,463,010
2016 124,135,500
2017 215,663,600
2018 145,209,800
2019 56,335,060

Adjusted savings: mineral depletion (% of GNI)

Adjusted savings: mineral depletion (% of GNI) in Namibia was 0.47 as of 2019. Its highest value over the past 39 years was 19.07 in 1988, while its lowest value was 0.07 in 1996.

Definition: Mineral depletion is the ratio of the value of the stock of mineral resources to the remaining reserve lifetime. It covers tin, gold, lead, zinc, iron, copper, nickel, silver, bauxite, and phosphate.

Source: World Bank staff estimates based on sources and methods described in "The Changing Wealth of Nations 2018: Building a Sustainable Future" (Lange et al 2018).

See also:

Year Value
1980 3.42
1981 2.03
1982 1.25
1983 1.09
1984 1.80
1985 2.54
1986 0.52
1987 0.99
1988 19.07
1989 13.91
1990 4.28
1991 0.43
1992 0.15
1993 0.09
1994 0.12
1995 0.18
1996 0.07
1997 0.26
1998 0.14
1999 0.14
2000 0.15
2001 0.15
2002 0.08
2003 0.21
2004 0.19
2005 0.47
2006 1.56
2007 3.90
2008 0.91
2009 0.69
2010 1.10
2011 1.04
2012 0.79
2013 0.33
2014 0.62
2015 0.72
2016 1.19
2017 1.72
2018 1.11
2019 0.47

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts