Total current account debit/expenditure, Debit/Expenditure in Namibia
Namibia: Total current account debit/expenditure, Debit/Expenditure was 10.41 billion in 2024. ▲ Rising
Total current account debit/expenditure, Debit/Expenditure in Namibia, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for total current account debit/expenditure, debit/expenditure in Namibia is 10.41 billion, measured in 2024. That is the highest value across all 20 years on record.
That represents a change of up 7.9% on the previous year and up 26.2% over ten years.
Over the whole period, total current account debit/expenditure, debit/expenditure in Namibia peaked at 10.41 billion in 2024 and was at its lowest, 3.08 billion, in 2005.
That places Namibia 126th out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Total current account debit/expenditure, Debit/Expenditure in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 3.08 billion | — |
| 2006 | 3.34 billion | +8.3% |
| 2007 | 4.10 billion | +22.7% |
| 2008 | 5.22 billion | +27.5% |
| 2009 | 5.51 billion | +5.5% |
| 2010 | 6.64 billion | +20.5% |
| 2011 | 7.02 billion | +5.6% |
| 2012 | 8.14 billion | +16.0% |
| 2013 | 7.36 billion | -9.6% |
| 2014 | 8.25 billion | +12.0% |
| 2015 | 7.52 billion | -8.8% |
| 2016 | 6.96 billion | -7.4% |
| 2017 | 6.92 billion | -0.6% |
| 2018 | 7.35 billion | +6.3% |
| 2019 | 6.61 billion | -10.0% |
| 2020 | 5.29 billion | -20.1% |
| 2021 | 7.47 billion | +41.4% |
| 2022 | 8.46 billion | +13.2% |
| 2023 | 9.65 billion | +14.0% |
| 2024 | 10.41 billion | +7.9% |
Namibia compared with similar countries
- Namibia's 10.41 billion is below the median for lower middle income countries, which is 12.89 billion, 81% of the median. (46 countries reporting)
- Namibia's 10.41 billion is above the median for Sub-Saharan Africa, which is 8.29 billion, 1.3× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.25 billion | 3.08 billion | 5.51 billion | 5 |
| 2010s | 7.28 billion | 6.61 billion | 8.25 billion | 10 |
| 2020s | 8.25 billion | 5.29 billion | 10.41 billion | 5 |
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 total current account debit/expenditure, debit/expenditure in Namibia?
- Total current account debit/expenditure, debit/expenditure in Namibia was 10.41 billion in 2024, according to International Monetary Fund.
- What is the highest total current account debit/expenditure, debit/expenditure recorded in Namibia?
- The highest recorded value was 10.41 billion in 2024.
- What is the lowest total current account debit/expenditure, debit/expenditure recorded in Namibia?
- The lowest recorded value was 3.08 billion in 2005.
- How does Namibia rank for total current account debit/expenditure, debit/expenditure?
- Namibia ranks 126th out of 197 countries with data for 2024.
- Is total current account debit/expenditure, debit/expenditure rising or falling in Namibia?
- Over the last ten years it is up 26.2%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from International Monetary Fund, published as part of Total current account debit/expenditure, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
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.