Contingent short-term net drains on foreign currency assets (nominal) in Namibia
Namibia: Contingent short-term net drains on foreign currency assets (nominal) was -15.03 million in 2024. ◆ Volatile
Contingent short-term net drains on foreign currency assets (nominal) in Namibia, 2020–2024
Source: International Monetary Fund.
Analysis
Namibia recorded -15.03 million for contingent short-term net drains on foreign currency assets (nominal) in 2024.
Compared with earlier readings it is down 477.8% on the previous year and up 30.4% over five years.
That places Namibia 30th out of 56 countries with data for 2024, putting it in the middle of the range.
Contingent short-term net drains on foreign currency assets (nominal) in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2020 | -21.60 million | — |
| 2021 | -2.62 million | -87.9% |
| 2022 | -2.54 million | -3.0% |
| 2023 | -2.60 million | +2.4% |
| 2024 | -15.03 million | +477.8% |
Countries ranked near Namibia
- 27 Bulgaria -2.47 million compare
- 28 Philippines -5.69 million compare
- 29 South Africa -11.00 million compare
- 31 Tunisia -30.77 million
- 32 Switzerland -88.39 million compare
- 33 Sri Lanka -98.57 million
More financial sector data for Namibia
- Net domestic credit (current LCU), per capita 58,055 current LCU per person (2025)
- Net domestic credit (current LCU), per unit of GDP 11.91 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), annual growth rate 16.99 % change on previous year (2025)
- Gold reserves at 35 SDRs per ounce 0 SDR (2018)
- Gold reserves at market value 0 SDR (2018)
- Reserves excluding gold, foreign exchange 2.10 billion SDR (2025)
- Reserves excluding gold 2.27 billion SDR (2025)
- Total reserves (gold at market value) 2.27 billion SDR (2025)
- Total reserves (gold at national valuation) 2.27 billion SDR (2025)
- Total reserves (gold at national valuation) (SDR), per capita 732.96 SDR per person (2025)
Frequently asked questions
- What is contingent short-term net drains on foreign currency assets (nominal) in Namibia?
- Contingent short-term net drains on foreign currency assets (nominal) in Namibia was -15.03 million in 2024, according to International Monetary Fund.
- What is the highest contingent short-term net drains on foreign currency assets (nominal) recorded in Namibia?
- The highest recorded value was -2.54 million in 2022.
- What is the lowest contingent short-term net drains on foreign currency assets (nominal) recorded in Namibia?
- The lowest recorded value was -21.60 million in 2020.
- How does Namibia rank for contingent short-term net drains on foreign currency assets (nominal)?
- Namibia ranks 30th out of 56 countries with data for 2024.
- Where does this Namibia data come from?
- The figures come from International Monetary Fund, published as part of Contingent short-term net drains on foreign currency assets (nominal value), Up to 1 month (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Monetary Authorities and Central Government excluding Social Security). Statizoid updates them automatically from the source API.
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About this data
The International Reserves and Foreign Currency Liquidity (IRFCL, or the “Reserves Data Template”) dataset includes data on the amount and composition of countries’ official reserve assets, other foreign currency assets held by monetary authorities and central governments, and short-term foreign currency obligations and related activities of monetary authorities and central governments that can lead to drains on official reserves and other foreign currency assets. This website re-disseminates IMF member countries' data on international reserves and foreign currency liquidity in a common template and in a common currency (the U.S. dollar). Historical data by country are also available. Please note that the re-dissemination of the template data by the Fund does not constitute endorsement of the quality of the data by the Fund.