Workers' remittances, net in Namibia
Namibia: Workers' remittances, net was 2.21 million BoP, current US$ in 2011. ▼ Falling
Workers' remittances, net in Namibia, 2005–2011
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.
Workers' remittances, net in Namibia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 2.84 million BoP, current US$ | — |
| 2006 | 2.55 million BoP, current US$ | -10.1% |
| 2007 | 2.43 million BoP, current US$ | -5.0% |
| 2008 | 2.09 million BoP, current US$ | -13.7% |
| 2009 | 2.04 million BoP, current US$ | -2.5% |
| 2010 | 2.19 million BoP, current US$ | +7.1% |
| 2011 | 2.21 million BoP, current US$ | +1.1% |
Namibia compared with similar countries
- Namibia's 2.21 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 35.90 million BoP, current US$, 6% of the median. (33 countries reporting)
- Namibia's 2.21 million BoP, current US$ is below the median for lower middle income countries, which is 48.40 million BoP, current US$, 5% of the median. (20 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.39 million BoP, current US$ | 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
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 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
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.