Goods balance (credit less debit), Net (credits less debits) in Namibia
Namibia: Goods balance (credit less debit), Net (credits less debits) was -2.10 million in 2024. β Volatile
Goods balance (credit less debit), Net (credits less debits) in Namibia, 2005β2024
Source: International Monetary Fund.
Analysis
The most recent figure for goods balance (credit less debit), net (credits less debits) in Namibia is -2.10 million, measured in 2024.
The figure is down 42.0% on the previous year and up 28.4% over ten years.
Over the whole period, goods balance (credit less debit), net (credits less debits) in Namibia peaked at 102.36 million in 2006 and was at its lowest, -2.29 billion, in 2012.
That places Namibia 64th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -547.73 million | -1.44 billion | 102.36 million | 5 |
| 2010s | -582.06 million | -2.29 billion | -1.30 million | 10 |
| 2020s | 6.04 million | -2.10 million | 37.52 million | 5 |
Countries ranked near Namibia
- 61 Eswatini, Kingdom of 255.12 million compare
- 62 Faroe Islands 56.97 million compare
- 63 Djibouti 41.45 million compare
- 65 Marshall Islands -12.31 million compare
- 66 Montserrat, United Kingdom-British Overseas Territory -34.46 million compare
- 67 Tuvalu -34.82 million compare
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)
- Domestic credit to private sector by banks 46.1% (2025)
Frequently asked questions
- What is goods balance (credit less debit), net (credits less debits) in Namibia?
- Goods balance (credit less debit), net (credits less debits) in Namibia was -2.10 million in 2024, according to International Monetary Fund.
- What is the highest goods balance (credit less debit), net (credits less debits) recorded in Namibia?
- The highest recorded value was 102.36 million in 2006.
- What is the lowest goods balance (credit less debit), net (credits less debits) recorded in Namibia?
- The lowest recorded value was -2.29 billion in 2012.
- How does Namibia rank for goods balance (credit less debit), net (credits less debits)?
- Namibia ranks 64th out of 198 countries with data for 2024.
- Is goods balance (credit less debit), net (credits less debits) rising or falling in Namibia?
- Over the last ten years it is up 28.4%. 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 Goods balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 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.