Migrant remittance outflows in Namibia
Namibia: Migrant remittance outflows was 45.90 million current US$ in 2011. ◆ Volatile
Migrant remittance outflows 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$.
Analysis
In 2011, migrant remittance outflows in Namibia stood at 45.90 million current US$. That is the highest value across all 22 years on record.
The figure is up 40.7% on the previous year and up 468.5% over ten years.
Over the whole period, migrant remittance outflows in Namibia peaked at 45.90 million current US$ in 2011 and was at its lowest, 8.07 million current US$, in 2001.
Namibia ranks 22nd of 49 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 15.59 million current US$ | 9.46 million current US$ | 29.72 million current US$ | 10 |
| 2000s | 17.17 million current US$ | 8.07 million current US$ | 42.83 million current US$ | 10 |
| 2010s | 39.26 million current US$ | 32.62 million current US$ | 45.90 million current US$ | 2 |
Countries ranked near Namibia
More trade data for Namibia
- Net long-term borrowing -6.97 million BoP, current US$ (2011)
- Pesticides imports 5.00 million FAO, current US$ (2010)
- Lead time to export, median case 3 days (2018)
- Food imports excluding fish 180.65 million FAO, current US$ (2010)
- Total agricultural imports 320.48 million FAO, current US$ (2010)
- Cereal imports 23.32 million FAO, current US$ (2010)
- Cereal imports quantity 160,597 FAO, tonnes (2010)
- Total agricultural exports 226.64 million FAO, current US$ (2010)
- Cereal exports 50,000 FAO, current US$ (2010)
- Cereal exports quantity 174 FAO, tonnes (2010)
Frequently asked questions
- What is migrant remittance outflows in Namibia?
- Migrant remittance outflows in Namibia was 45.90 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 outflows recorded in Namibia?
- The highest recorded value was 45.90 million current US$ in 2011.
- What is the lowest migrant remittance outflows recorded in Namibia?
- The lowest recorded value was 8.07 million current US$ in 2001.
- How does Namibia rank for migrant remittance outflows?
- Namibia ranks 22nd out of 49 countries with data for 2011.
- Is migrant remittance outflows rising or falling in Namibia?
- Over the last ten years it is up 468.5%. The long-run trend across the full record is volatile.
- 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 outflows (current US$). Statizoid updates them automatically from the source API.
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About this data
Migrants’ remittances are defined as the sum of worker’s remittances,