Net current transfers (% of GDP) in Namibia
Namibia: Net current transfers (% of GDP) was 10.6% in 2011. ▲ Rising
Net current transfers in Namibia, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator. Measured in % of GDP.
Analysis
The most recent figure for net current transfers in Namibia is 10.6%, measured in 2011.
The figure is down 5.0% on the previous year and up 14.0% over ten years.
That places Namibia 10th out of 41 countries with data for 2011, putting it in the top quarter.
Net current transfers (% of GDP) in Namibia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 9.3% | — |
| 2006 | 11.9% | +27.9% |
| 2007 | 11.4% | -4.3% |
| 2008 | 12.8% | +12.7% |
| 2009 | 14.3% | +11.9% |
| 2010 | 11.1% | -22.4% |
| 2011 | 10.6% | -5.0% |
Namibia compared with similar countries
- Namibia's 10.6% is above the median for lower middle income countries, which is 6.6%, 1.6× the median. (20 countries reporting)
- Namibia's 10.6% is above the median for Sub-Saharan Africa, which is 7.2%, 1.5× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.9% | 9.3% | 14.3% | 5 |
| 2010s | 10.8% | 10.6% | 11.1% | 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 net current transfers in Namibia?
- Net current transfers in Namibia was 10.6% in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator.
- What is the highest net current transfers recorded in Namibia?
- The highest recorded value was 14.3% in 2009.
- What is the lowest net current transfers recorded in Namibia?
- The lowest recorded value was 9.3% in 2005.
- How does Namibia rank for net current transfers?
- Namibia ranks 10th out of 41 countries with data for 2011.
- Is net current transfers rising or falling in Namibia?
- Over the last ten years it is up 14.0%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator, published as part of Net current transfers (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.