Migrant remittance inflows in Namibia

Namibia: Migrant remittance inflows was 0.1% in 2011. ▼ Falling

Latest (2011)
0.1%
Change on year
down 10.4%
World rank
45th
of 50 countries
All-time high
0.6%
in 1990
All-time low
0.1%
in 2011
Years of data
22
1990–2011

Migrant remittance inflows in Namibia, 1990–2011

0.10.20.30.40.50.61990200020111990: 0.572 % of GDP1991: 0.554 % of GDP1992: 0.554 % of GDP1993: 0.511 % of GDP1994: 0.458 % of GDP1995: 0.445 % of GDP1996: 0.387 % of GDP1997: 0.366 % of GDP1998: 0.33 % of GDP1999: 0.302 % of GDP2000: 0.242 % of GDP2001: 0.249 % of GDP2002: 0.237 % of GDP2003: 0.248 % of GDP2004: 0.231 % of GDP2005: 0.249 % of GDP2006: 0.212 % of GDP2007: 0.183 % of GDP2008: 0.158 % of GDP2009: 0.154 % of GDP2010: 0.143 % of GDP2011: 0.128 % of GDP

Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, and World Bank and OECD GDP estimates. Measured in % of GDP.

Analysis

The most recent figure for migrant remittance inflows in Namibia is 0.1%, measured in 2011. That is the lowest value across all 22 years on record.

That represents a change of down 10.4% on the previous year and down 48.4% over ten years.

Over the whole period, migrant remittance inflows in Namibia peaked at 0.6% in 1990 and was at its lowest, 0.1%, in 2011.

Namibia ranks 45th of 50 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.4% 0.3% 0.6% 10
2000s 0.2% 0.2% 0.2% 10
2010s 0.1% 0.1% 0.1% 2

Countries ranked near Namibia

  1. 42 Madagascar 0.2% compare
  2. 43 Congo 0.2% compare
  3. 44 Mauritania 0.2% compare
  4. 46 Gabon 0.1% compare
  5. 47 Chad 0.1% compare
  6. 48 Libya 0.0% 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 0.1% in 2011, according to World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, and World Bank and OECD GDP estimates.
What is the highest migrant remittance inflows recorded in Namibia?
The highest recorded value was 0.6% in 1990.
What is the lowest migrant remittance inflows recorded in Namibia?
The lowest recorded value was 0.1% in 2011.
How does Namibia rank for migrant remittance inflows?
Namibia ranks 45th out of 50 countries with data for 2011.
Is migrant remittance inflows rising or falling in Namibia?
Over the last ten years it is down 48.4%. The long-run trend across the full record is falling.
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, and World Bank and OECD GDP estimates, published as part of Migrant remittance inflows (% of GDP). 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 (% of GDP)
Unit
% of GDP
Source
World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, and World Bank and OECD GDP estimates
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
56 places, 1,400 data points, 1970–2011
Last refreshed

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