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$, in 2001.
Namibia ranks 22nd of 49 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Migrant remittance outflows in Namibia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 29.72 million current US$ | — |
| 1991 | 25.93 million current US$ | -12.8% |
| 1992 | 17.29 million current US$ | -33.3% |
| 1993 | 13.34 million current US$ | -22.8% |
| 1994 | 11.15 million current US$ | -16.4% |
| 1995 | 11.17 million current US$ | +0.1% |
| 1996 | 10.77 million current US$ | -3.6% |
| 1997 | 16.56 million current US$ | +53.8% |
| 1998 | 10.49 million current US$ | -36.6% |
| 1999 | 9.46 million current US$ | -9.8% |
| 2000 | 8.95 million current US$ | -5.4% |
| 2001 | 8.07 million current US$ | -9.8% |
| 2002 | 8.23 million current US$ | +1.9% |
| 2003 | 15.08 million current US$ | +83.1% |
| 2004 | 17.62 million current US$ | +16.9% |
| 2005 | 18.87 million current US$ | +7.1% |
| 2006 | 20.16 million current US$ | +6.8% |
| 2007 | 16.06 million current US$ | -20.4% |
| 2008 | 42.83 million current US$ | +166.7% |
| 2009 | 15.88 million current US$ | -62.9% |
| 2010 | 32.62 million current US$ | +105.4% |
| 2011 | 45.90 million current US$ | +40.7% |
Namibia compared with similar countries
- Namibia's 45.90 million current US$ is below the median for lower middle income countries, which is 50.04 million current US$, 92% of the median. (24 countries reporting)
- Namibia's 45.90 million current US$ is above the median for Sub-Saharan Africa, which is 30.76 million current US$, 1.5× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Migrant remittance outflows in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +166.7% | 16.06 million current US$ | 42.83 million current US$ |
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
- 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 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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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,