Workers' remittances, net in Namibia

Namibia: Workers' remittances, net was 2.21 million BoP, current US$ in 2011. ▼ Falling

Latest (2011)
2.21 million BoP, current US$
Change on year
up 1.1%
World rank
31st
of 39 countries
All-time high
2.84 million BoP, current US$
in 2005
All-time low
2.04 million BoP, current US$
in 2009
Years of data
7
2005–2011

Workers' remittances, net in Namibia, 2005–2011

01.0M2.0M3.0M2005200820112005: 2.8M BoP, current US$2006: 2.6M BoP, current US$2007: 2.4M BoP, current US$2008: 2.1M BoP, current US$2009: 2.0M BoP, current US$2010: 2.2M BoP, current US$2011: 2.2M BoP, current US$

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.

Analysis

In 2011, workers' remittances, net in Namibia stood at 2.21 million BoP, current US$.

The figure is up 1.1% on the previous year and down 22.1% over ten years.

Namibia ranks 31st of 39 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 2.39 million BoP, current US$ 2.04 million BoP, current US$ 2.84 million BoP, current US$ 5
2010s 2.20 million BoP, current US$ 2.19 million BoP, current US$ 2.21 million BoP, current US$ 2

Countries ranked near Namibia

  1. 28 Lesotho 6.43 million BoP, current US$ compare
  2. 29 Malawi 5.58 million BoP, current US$ compare
  3. 30 Zambia 4.80 million BoP, current US$ compare
  4. 32 Eswatini 764,900 BoP, current US$ compare
  5. 33 Mozambique -3.02 million BoP, current US$ compare
  6. 34 Djibouti -6.53 million BoP, current US$ compare

See the full ranking of 39 places →

More trade data for Namibia

All data for Namibia →

Frequently asked questions

What is workers' remittances, net in Namibia?
Workers' remittances, net in Namibia was 2.21 million BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
What is the highest workers' remittances, net recorded in Namibia?
The highest recorded value was 2.84 million BoP, current US$ in 2005.
What is the lowest workers' remittances, net recorded in Namibia?
The lowest recorded value was 2.04 million BoP, current US$ in 2009.
How does Namibia rank for workers' remittances, net?
Namibia ranks 31st out of 39 countries with data for 2011.
Is workers' remittances, net rising or falling in Namibia?
Over the last ten years it is down 22.1%. The long-run trend across the full record is falling.
Where does this Namibia data come from?
The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Workers' remittances, net (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Workers' remittances, net (BoP, current US$)
Unit
BoP, current US$
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
39 places, 262 data points, 2005–2011
Last refreshed

Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. Data are in current U.S. dollars.