Net current transfers in Namibia

Namibia: Net current transfers was 10.6% in 2011. ▲ Rising

Latest (2011)
10.6%
Change on year
down 5.0%
World rank
10th
of 41 countries
All-time high
14.3%
in 2009
All-time low
9.3%
in 2005
Years of data
7
2005–2011

Net current transfers in Namibia, 2005–2011

0510152005200820112005: 9.3 % of GDP2006: 11.9 % of GDP2007: 11.4 % of GDP2008: 12.8 % of GDP2009: 14.3 % of GDP2010: 11.1 % of GDP2011: 10.6 % of GDP

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.

Averages by decade

DecadeAverage LowestHighest Years
2000s 11.9% 9.3% 14.3% 5
2010s 10.8% 10.6% 11.1% 2

Countries ranked near Namibia

  1. 7 Senegal 12.1% compare
  2. 8 Burundi 11.3% compare
  3. 9 Togo 11.1% compare
  4. 11 Eswatini 10.3% compare
  5. 12 Malawi 10.2% compare
  6. 13 Uganda 9.3% compare

See the full ranking of 41 places →

More trade data for Namibia

All data for Namibia →

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.

Download this data

CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Net current transfers (% of GDP)
Unit
% of GDP
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
41 places, 272 data points, 2005–2011
Last refreshed

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.