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

05.0M10.0M15.0M20.0M1990200020111990: 13.5M current US$1991: 13.8M current US$1992: 15.7M current US$1993: 14.5M current US$1994: 14.9M current US$1995: 15.6M current US$1996: 13.5M current US$1997: 13.3M current US$1998: 11.2M current US$1999: 10.2M current US$2000: 9.5M current US$2001: 8.8M current US$2002: 8.0M current US$2003: 12.2M current US$2004: 15.2M current US$2005: 18.1M current US$2006: 16.9M current US$2007: 16.2M current US$2008: 13.9M current US$2009: 13.6M current US$2010: 15.9M current US$2011: 16.0M current US$

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 37 Seychelles 25.51 million current US$ compare
  2. 38 Somalia 21.70 million current US$ compare
  3. 39 Malawi 17.41 million current US$ compare
  4. 41 Libya 16.00 million current US$ compare
  5. 42 Congo 14.81 million current US$ compare
  6. 43 Comoros 12.21 million current US$ compare

See the full ranking of 56 places →

More trade data for Namibia

All data for Namibia →

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.

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CSV · JSON — 22 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Migrant remittance inflows (current US$)
Unit
current US$
Source
World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
56 places, 1,426 data points, 1970–2011
Last refreshed

Migrants’ remittances are defined as the sum of worker’s remittances,