Wealth share of the richest 1% in Namibia

Namibia: Wealth share of the richest 1% was 40.0% in 2024. ▬ Flat

Latest (2024)
40.0%
Change on year
down 0.0%
World rank
7th
of 215 countries
All-time high
40.5%
in 1988
All-time low
40.0%
in 2017
Years of data
45
1980–2024

Wealth share of the richest 1% in Namibia, 1980–2024

0102030401980200220241980: 40.5 %1981: 40.5 %1982: 40.5 %1983: 40.5 %1984: 40.5 %1985: 40.5 %1986: 40.5 %1987: 40.5 %1988: 40.5 %1989: 40.5 %1990: 40.5 %1991: 40.5 %1992: 40.5 %1993: 40.5 %1994: 40.5 %1995: 40.4 %1996: 40.4 %1997: 40.4 %1998: 40.4 %1999: 40.4 %2000: 40.4 %2001: 40.4 %2002: 40.4 %2003: 40.4 %2004: 40.4 %2005: 40.4 %2006: 40.4 %2007: 40.4 %2008: 40.4 %2009: 40.4 %2010: 40.4 %2011: 40.4 %2012: 40.2 %2013: 40.1 %2014: 40.1 %2015: 40 %2016: 40 %2017: 40 %2018: 40 %2019: 40 %2020: 40 %2021: 40 %2022: 40 %2023: 40 %2024: 40 %

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

Namibia recorded 40.0% for wealth share of the richest 1% in 2024.

The figure is down 0.2% over ten years.

Over the whole period, wealth share of the richest 1% in Namibia peaked at 40.5% in 1988 and was at its lowest, 40.0%, in 2017.

Namibia ranks 7th of 215 countries on this measure, in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
1980s 40.5% 40.5% 40.5% 10
1990s 40.4% 40.4% 40.5% 10
2000s 40.4% 40.4% 40.4% 10
2010s 40.1% 40.0% 40.4% 10
2020s 40.0% 40.0% 40.0% 5

Countries ranked near Namibia

  1. 4 Uruguay 40.5% compare
  2. 5 Iraq 40.4% compare
  3. 6 India 40.1% compare
  4. 8 Mexico 39.8% compare
  5. 9 Chile 39.6% compare
  6. 10 Brazil 39.5% compare

See the full ranking of 215 places →

More reference data data for Namibia

All data for Namibia →

Frequently asked questions

What is wealth share of the richest 1% in Namibia?
Wealth share of the richest 1% in Namibia was 40.0% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest wealth share of the richest 1% recorded in Namibia?
The highest recorded value was 40.5% in 1988.
What is the lowest wealth share of the richest 1% recorded in Namibia?
The lowest recorded value was 40.0% in 2017.
How does Namibia rank for wealth share of the richest 1%?
Namibia ranks 7th out of 215 countries with data for 2024.
Is wealth share of the richest 1% rising or falling in Namibia?
Over the last ten years it is down 0.2%. The long-run trend across the full record is flat.
Where does this Namibia data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 45 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Wealth share of the richest 1%
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
215 places, 10,553 data points, 1800–2024
Last refreshed

The share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.