Services, Debit/Expenditure in Namibia

Namibia: Services, Debit/Expenditure was 2.47 billion in 2024. β—† Volatile

Latest (2024)
2.47 billion
Change on year
up 6.6%
World rank
114th
of 198 countries
All-time high
2.47 billion
in 2024
All-time low
367.37 million
in 2005
Years of data
20
2005–2024

Services, Debit/Expenditure in Namibia, 2005–2024

500.0M1.0B1.5B2.0B2.5B2005201420242005: 367.4M2006: 429.3M2007: 511.7M2008: 586.0M2009: 544.5M2010: 695.9M2011: 674.8M2012: 591.0M2013: 734.0M2014: 881.8M2015: 680.7M2016: 688.5M2017: 615.5M2018: 603.6M2019: 626.8M2020: 747.1M2021: 1.0B2022: 1.1B2023: 2.3B2024: 2.5B

Source: International Monetary Fund.

Analysis

In 2024, services, debit/expenditure in Namibia stood at 2.47 billion. That is the highest value across all 20 years on record.

Compared with earlier readings it is up 6.6% on the previous year and up 179.8% over ten years.

Over the whole period, services, debit/expenditure in Namibia peaked at 2.47 billion in 2024 and was at its lowest, 367.37 million, in 2005.

Namibia ranks 114th of 198 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

DecadeAverage LowestHighest Years
2000s 487.75 million 367.37 million 585.97 million 5
2010s 679.25 million 591.00 million 881.77 million 10
2020s 1.53 billion 747.14 million 2.47 billion 5

Countries ranked near Namibia

  1. 111 Cameroon 2.55 billion compare
  2. 112 Paraguay 2.54 billion compare
  3. 113 Bahamas, The 2.47 billion compare
  4. 115 Papua New Guinea 2.40 billion compare
  5. 116 Bolivia 2.35 billion compare
  6. 117 Mali 2.34 billion compare

See the full ranking of 207 places β†’

More trade data for Namibia

All data for Namibia β†’

Frequently asked questions

What is services, debit/expenditure in Namibia?
Services, debit/expenditure in Namibia was 2.47 billion in 2024, according to International Monetary Fund.
What is the highest services, debit/expenditure recorded in Namibia?
The highest recorded value was 2.47 billion in 2024.
What is the lowest services, debit/expenditure recorded in Namibia?
The lowest recorded value was 367.37 million in 2005.
How does Namibia rank for services, debit/expenditure?
Namibia ranks 114th out of 198 countries with data for 2024.
Is services, debit/expenditure rising or falling in Namibia?
Over the last ten years it is up 179.8%. The long-run trend across the full record is volatile.
Where does this Namibia data come from?
The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.

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Services, Debit/Expenditure in Namibia. Statizoid, drawing on International Monetary Fund. Retrieved 18 August 2026, from https://trade.statizoid.com/stat/services-debit-expenditure-us-dollar/namibia/

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About this data

Indicator
Services, Debit/Expenditure (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
207 places, 3,864 data points, 2005–2024
Last refreshed

The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.