Current account balance (credit less debit), Percent of GDP (Balance) in Namibia
Namibia: Current account balance (credit less debit), Percent of GDP (Balance) was -13.64 in 2027. ◆ Volatile
Current account balance (credit less debit), Percent of GDP (Balance) in Namibia, 2000–2027
Source: International Monetary Fund.
Analysis
Namibia recorded -13.64 for current account balance (credit less debit), percent of gdp (balance) in 2027.
Compared with earlier readings it is up 12.9% on the previous year and down 208.2% over ten years.
Over the whole period, current account balance (credit less debit), percent of gdp (balance) in Namibia peaked at 14.04 in 2006 and was at its lowest, -16.5, in 2016.
Namibia ranks 44th of 45 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (credit less debit), Percent of GDP (Balance) in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 4.86 | — |
| 2001 | 0.2946 | -93.9% |
| 2002 | 2.53 | +758.1% |
| 2003 | 5.34 | +111.3% |
| 2004 | 6.69 | +25.2% |
| 2005 | 4.5 | -32.7% |
| 2006 | 14.04 | +212.2% |
| 2007 | 8.57 | -39.0% |
| 2008 | -0.1085 | -101.3% |
| 2009 | -3.55 | +3177.4% |
| 2010 | -3.97 | +11.8% |
| 2011 | -6.9 | +73.7% |
| 2012 | -8.6 | +24.6% |
| 2013 | -8.15 | -5.2% |
| 2014 | -9.43 | +15.7% |
| 2015 | -13.62 | +44.4% |
| 2016 | -16.5 | +21.2% |
| 2017 | -4.42 | -73.2% |
| 2018 | -3.55 | -19.7% |
| 2019 | -1.77 | -50.3% |
| 2020 | 3.91 | -321.6% |
| 2021 | -10.79 | -375.6% |
| 2022 | -12.59 | +16.7% |
| 2023 | -15.16 | +20.4% |
| 2024 | -14.16 | -6.6% |
| 2025 | -13.18 | -7.0% |
| 2026 | -15.66 | +18.8% |
| 2027 | -13.64 | -12.9% |
Namibia compared with similar countries
- Namibia's -13.64 is below the median for Sub-Saharan Africa, which is -2.9, 4.7× the median. (45 countries reporting)
- Namibia's -13.64 is below the median for lower middle income countries, which is -2.77, 4.9× the median. (19 countries reporting)
Biggest year-on-year movements
Years where Current account balance (credit less debit), Percent of GDP (Balance) in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | -3177.4% | -0.1085 | -3.55 |
| 2002 | +758.1% | 0.2946 | 2.53 |
| 2021 | -375.6% | 3.91 | -10.79 |
| 2020 | +321.6% | -1.77 | 3.91 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.32 | -3.55 | 14.04 | 10 |
| 2010s | -7.69 | -16.5 | -1.77 | 10 |
| 2020s | -11.41 | -15.66 | 3.91 | 8 |
Countries ranked near Namibia
More financial sector data for Namibia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0663 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0484 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0663 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is current account balance (credit less debit), percent of gdp (balance) in Namibia?
- Current account balance (credit less debit), percent of gdp (balance) in Namibia was -13.64 in 2027, according to International Monetary Fund.
- What is the highest current account balance (credit less debit), percent of gdp (balance) recorded in Namibia?
- The highest recorded value was 14.04 in 2006.
- What is the lowest current account balance (credit less debit), percent of gdp (balance) recorded in Namibia?
- The lowest recorded value was -16.5 in 2016.
- How does Namibia rank for current account balance (credit less debit), percent of gdp (balance)?
- Namibia ranks 44th out of 45 countries with data for 2027.
- Is current account balance (credit less debit), percent of gdp (balance) rising or falling in Namibia?
- Over the last ten years it is down 208.2%. 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 Current account balance (credit less debit), Percent of GDP (Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6)). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 28 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Sub-Saharan Africa Regional Economic Outlook (REO) provides information on recent economic developments and prospects for countries in sub-Saharan Africa. Data for the REO for sub-Saharan Africa are prepared in conjunction with the semi-annual World Economic Outlook (WEO) exercises, spring and fall.