Migrant remittance inflows in Namibia
Namibia: Migrant remittance inflows was 16.05 million current US$ in 2011. ▲ Rising
Latest (2011)
16.05 million current US$
Change on year
up 1.1%
World rank
40th
of 50 countries
All-time high
18.06 million current US$
in 2005
All-time low
7.96 million current US$
in 2002
Years of data
22
1990–2011
Migrant remittance inflows in Namibia, 1990–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
In 2011, migrant remittance inflows in Namibia stood at 16.05 million current US$.
That represents a change of up 1.1% on the previous year and up 82.0% over ten years.
Over the whole period, migrant remittance inflows in Namibia peaked at 18.06 million current US$ in 2005 and was at its lowest, 7.96 million current US$, in 2002.
That places Namibia 40th out of 50 countries with data for 2011, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 22 years of available data.
Migrant remittance inflows in Namibia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 13.45 million current US$ | — |
| 1991 | 13.80 million current US$ | +2.6% |
| 1992 | 15.71 million current US$ | +13.8% |
| 1993 | 14.54 million current US$ | -7.5% |
| 1994 | 14.90 million current US$ | +2.5% |
| 1995 | 15.60 million current US$ | +4.7% |
| 1996 | 13.51 million current US$ | -13.4% |
| 1997 | 13.30 million current US$ | -1.6% |
| 1998 | 11.22 million current US$ | -15.7% |
| 1999 | 10.23 million current US$ | -8.8% |
| 2000 | 9.45 million current US$ | -7.6% |
| 2001 | 8.82 million current US$ | -6.7% |
| 2002 | 7.96 million current US$ | -9.7% |
| 2003 | 12.22 million current US$ | +53.5% |
| 2004 | 15.24 million current US$ | +24.7% |
| 2005 | 18.06 million current US$ | +18.6% |
| 2006 | 16.91 million current US$ | -6.4% |
| 2007 | 16.16 million current US$ | -4.4% |
| 2008 | 13.94 million current US$ | -13.7% |
| 2009 | 13.61 million current US$ | -2.4% |
| 2010 | 15.86 million current US$ | +16.6% |
| 2011 | 16.05 million current US$ | +1.1% |
Namibia compared with similar countries
- Namibia's 16.05 million current US$ is below the median for lower middle income countries, which is 96.58 million current US$, 17% of the median. (24 countries reporting)
- Namibia's 16.05 million current US$ is below the median for Sub-Saharan Africa, which is 84.49 million current US$, 19% of the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.63 million current US$ | 10.23 million current US$ | 15.71 million current US$ | 10 |
| 2000s | 13.24 million current US$ | 7.96 million current US$ | 18.06 million current US$ | 10 |
| 2010s | 15.95 million current US$ | 15.86 million current US$ | 16.05 million current US$ | 2 |
Countries ranked near Namibia
More trade data for Namibia
- Commodity Net Export Price Index, Individual Commodities Weighted by 132.76 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 104.01 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 102.89 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 136.68 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 98.92 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 80.67 (2025)
- Imports of low carbon technology products, Percent of GDP 2.29 (2024)
- Imports of low carbon technology products, US dollar (World), per 101.04 units per person (2024)
- Imports of low carbon technology products, US dollar (World), per 0.0224 units per US$ of GDP (2024)
- Exports of low carbon technology products, US dollar (World), gaps 78.60 million (2024)
Frequently asked questions
- What is migrant remittance inflows in Namibia?
- Migrant remittance inflows in Namibia was 16.05 million current US$ in 2011, according to World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008.
- What is the highest migrant remittance inflows recorded in Namibia?
- The highest recorded value was 18.06 million current US$ in 2005.
- What is the lowest migrant remittance inflows recorded in Namibia?
- The lowest recorded value was 7.96 million current US$ in 2002.
- How does Namibia rank for migrant remittance inflows?
- Namibia ranks 40th out of 50 countries with data for 2011.
- Is migrant remittance inflows rising or falling in Namibia?
- Over the last ten years it is up 82.0%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, published as part of Migrant remittance inflows (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Migrants’ remittances are defined as the sum of worker’s remittances,