Predetermined short-term net drains on foreign currency assets in Namibia
Namibia: Predetermined short-term net drains on foreign currency assets was -591.17 million in 2024. ◆ Volatile
Predetermined short-term net drains on foreign currency assets in Namibia, 2020–2024
Source: International Monetary Fund.
Analysis
The most recent figure for predetermined short-term net drains on foreign currency assets in Namibia is -591.17 million, measured in 2024. That is the lowest value across all 5 years on record.
The figure is down 19,875.1% on the previous year and down 4.5% over five years.
That places Namibia 45th out of 85 countries with data for 2024, putting it in the middle of the range.
Countries ranked near Namibia
- 42 Paraguay -482.42 million compare
- 43 West Bank and Gaza -522.84 million compare
- 44 New Zealand -560.85 million compare
- 46 Peru -944.00 million compare
- 47 Georgia -973.76 million compare
- 48 North Macedonia, Republic of -988.18 million compare
More financial sector data for Namibia
- Domestic credit to private sector by banks 46.1% (2025)
- Total reserves in months of imports 3.96 (2024)
- Net domestic credit 179.55 billion current LCU (2025)
- Net foreign assets 74.34 billion current LCU (2025)
- Monetary Sector credit to private sector 46.2% (2025)
- Broad money 72.6% (2021)
- Claims on central government, etc. 18.1% (2025)
- Domestic credit to private sector 55.1% (2024)
- Official exchange rate 17.89 LCU per US$, period average (2025)
- Net migration 1,866 (2025)
Frequently asked questions
- What is predetermined short-term net drains on foreign currency assets in Namibia?
- Predetermined short-term net drains on foreign currency assets in Namibia was -591.17 million in 2024, according to International Monetary Fund.
- What is the highest predetermined short-term net drains on foreign currency assets recorded in Namibia?
- The highest recorded value was -2.96 million in 2023.
- What is the lowest predetermined short-term net drains on foreign currency assets recorded in Namibia?
- The lowest recorded value was -591.17 million in 2024.
- How does Namibia rank for predetermined short-term net drains on foreign currency assets?
- Namibia ranks 45th out of 85 countries with data for 2024.
- Where does this Namibia data come from?
- The figures come from International Monetary Fund, published as part of Predetermined short-term net drains on foreign currency assets (nominal value), Foreign currency loans, securities and deposits, principal, More than 3 months and up to 1 year, Outflows (reserves template) (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (I. 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.