Secondary income balance (credit less debit), Net (credits less) in Namibia
Namibia: Secondary income balance (credit less debit), Net (credits less) was 1.70 billion in 2024. ▲ Rising
Secondary income balance (credit less debit), Net (credits less) in Namibia, 2005–2024
Source: International Monetary Fund.
Analysis
Namibia recorded 1.70 billion for secondary income balance (credit less debit), net (credits less) in 2024.
The figure is up 20.7% on the previous year and down 0.7% over ten years.
Over the whole period, secondary income balance (credit less debit), net (credits less) in Namibia peaked at 1.71 billion in 2014 and was at its lowest, 670.03 million, in 2005.
That places Namibia 56th out of 197 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 20 years of available data.
Secondary income balance (credit less debit), Net (credits less) in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 670.03 million | — |
| 2006 | 946.79 million | +41.3% |
| 2007 | 999.03 million | +5.5% |
| 2008 | 1.13 billion | +13.2% |
| 2009 | 1.15 billion | +2.0% |
| 2010 | 1.15 billion | -0.1% |
| 2011 | 811.56 million | -29.6% |
| 2012 | 1.61 billion | +98.5% |
| 2013 | 1.54 billion | -4.4% |
| 2014 | 1.71 billion | +11.4% |
| 2015 | 1.40 billion | -18.1% |
| 2016 | 1.06 billion | -24.2% |
| 2017 | 1.44 billion | +35.0% |
| 2018 | 1.42 billion | -1.2% |
| 2019 | 1.31 billion | -7.7% |
| 2020 | 1.46 billion | +11.1% |
| 2021 | 1.29 billion | -11.6% |
| 2022 | 1.04 billion | -19.3% |
| 2023 | 1.41 billion | +35.8% |
| 2024 | 1.70 billion | +20.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 980.19 million | 670.03 million | 1.15 billion | 5 |
| 2010s | 1.35 billion | 811.56 million | 1.71 billion | 10 |
| 2020s | 1.38 billion | 1.04 billion | 1.70 billion | 5 |
Countries ranked near Namibia
- 53 Croatia 1.86 billion compare
- 54 Algeria 1.73 billion compare
- 55 Tajikistan 1.72 billion compare
- 57 Moldova 1.58 billion compare
- 58 West Bank and Gaza 1.57 billion compare
- 59 Democratic Republic of Congo 1.50 billion compare
More financial sector data for Namibia
- Total reserves in months of imports, annual growth rate 6.17 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -12.57 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1392 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 678.58 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -11.9 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 732.96 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -11.9 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 732.96 SDR per person (2025)
Frequently asked questions
- What is secondary income balance (credit less debit), net (credits less) in Namibia?
- Secondary income balance (credit less debit), net (credits less) in Namibia was 1.70 billion in 2024, according to International Monetary Fund.
- What is the highest secondary income balance (credit less debit), net (credits less) recorded in Namibia?
- The highest recorded value was 1.71 billion in 2014.
- What is the lowest secondary income balance (credit less debit), net (credits less) recorded in Namibia?
- The lowest recorded value was 670.03 million in 2005.
- How does Namibia rank for secondary income balance (credit less debit), net (credits less)?
- Namibia ranks 56th out of 197 countries with data for 2024.
- Is secondary income balance (credit less debit), net (credits less) rising or falling in Namibia?
- Over the last ten years it is down 0.7%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from International Monetary Fund, published as part of Secondary income balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 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.