Primary income balance (credit less debit), Net (credits less debits) in Namibia
Namibia: Primary income balance (credit less debit), Net (credits less debits) was -53.96 million in 2024. ◆ Volatile
Primary income balance (credit less debit), Net (credits less debits) in Namibia, 2005–2024
Source: International Monetary Fund.
Analysis
The most recent figure for primary income balance (credit less debit), net (credits less debits) in Namibia is -53.96 million, measured in 2024.
That represents a change of down 9,371.0% on the previous year and down 322.1% over ten years.
Over the whole period, primary income balance (credit less debit), net (credits less debits) in Namibia peaked at 94.84 million in 2013 and was at its lowest, -556.04 million, in 2012.
That places Namibia 63rd out of 197 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.
Primary income balance (credit less debit), Net (credits less debits) in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -126.04 million | — |
| 2006 | -63.06 million | -50.0% |
| 2007 | -158.22 million | +150.9% |
| 2008 | -150.08 million | -5.1% |
| 2009 | -97.55 million | -35.0% |
| 2010 | -276.76 million | +183.7% |
| 2011 | -117.15 million | -57.7% |
| 2012 | -556.04 million | +374.6% |
| 2013 | 94.84 million | -117.1% |
| 2014 | 24.29 million | -74.4% |
| 2015 | -20.71 million | -185.3% |
| 2016 | -81.40 million | +293.0% |
| 2017 | -90.99 million | +11.8% |
| 2018 | -129.20 million | +42.0% |
| 2019 | -20.68 million | -84.0% |
| 2020 | 89.79 million | -534.1% |
| 2021 | -65.31 million | -172.7% |
| 2022 | -551,241 | -99.2% |
| 2023 | -569,757 | +3.4% |
| 2024 | -53.96 million | +9371.1% |
Namibia compared with similar countries
- Namibia's -53.96 million is above the median for lower middle income countries, which is -979.17 million, 6% of the median. (46 countries reporting)
- Namibia's -53.96 million is above the median for Sub-Saharan Africa, which is -393.85 million, 14% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Primary income balance (credit less debit), Net (credits less debits) 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 |
|---|---|---|---|
| 2024 | -9371.1% | -569,757 | -53.96 million |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -118.99 million | -158.22 million | -63.06 million | 5 |
| 2010s | -117.38 million | -556.04 million | 94.84 million | 10 |
| 2020s | -6.12 million | -65.31 million | 89.79 million | 5 |
Countries ranked near Namibia
- 60 Cape Verde -46.52 million compare
- 61 Sint Maarten (Dutch part) -49.04 million compare
- 62 Sierra Leone -53.80 million compare
- 64 Bosnia and Herzegovina -58.28 million compare
- 65 Mauritania -59.66 million compare
- 66 Seychelles -68.88 million compare
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 primary income balance (credit less debit), net (credits less debits) in Namibia?
- Primary income balance (credit less debit), net (credits less debits) in Namibia was -53.96 million in 2024, according to International Monetary Fund.
- What is the highest primary income balance (credit less debit), net (credits less debits) recorded in Namibia?
- The highest recorded value was 94.84 million in 2013.
- What is the lowest primary income balance (credit less debit), net (credits less debits) recorded in Namibia?
- The lowest recorded value was -556.04 million in 2012.
- How does Namibia rank for primary income balance (credit less debit), net (credits less debits)?
- Namibia ranks 63rd out of 197 countries with data for 2024.
- Is primary income balance (credit less debit), net (credits less debits) rising or falling in Namibia?
- Over the last ten years it is down 322.1%. 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 Primary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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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.