Services balance (credit less debit), Net (credits less debits) in Namibia

Namibia: Services balance (credit less debit), Net (credits less debits) was -1.18 million in 2024. β—† Volatile

Latest (2024)
-1.18 million
Change on year
up 5.1%
World rank
98th
of 197 countries
All-time high
197.12 million
in 2015
All-time low
-153.46 million
in 2013
Years of data
20
2005–2024

Services balance (credit less debit), Net (credits less debits) in Namibia, 2005–2024

-200.0M-100.0M0100.0M200.0M2005201420242005: 43.6M2006: 96.8M2007: 86.2M2008: -30.7M2009: 70.9M2010: -17.4M2011: 122.2M2012: 119.1M2013: -153.5M2014: 117.6M2015: 197.1M2016: -153.0M2017: 124.7M2018: 158.3M2019: 75.3M2020: -62.7M2021: -59.7M2022: -31.4M2023: -1.2M2024: -1.2M

Source: International Monetary Fund.

Analysis

Namibia recorded -1.18 million for services balance (credit less debit), net (credits less debits) in 2024.

Compared with earlier readings it is up 5.1% on the previous year and down 101.0% over ten years.

Over the whole period, services balance (credit less debit), net (credits less debits) in Namibia peaked at 197.12 million in 2015 and was at its lowest, -153.46 million, in 2013.

Namibia ranks 98th of 197 countries on this measure, 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

DecadeAverage LowestHighest Years
2000s 53.34 million -30.73 million 96.77 million 5
2010s 59.06 million -153.46 million 197.12 million 10
2020s -31.25 million -62.70 million -1.18 million 5

Countries ranked near Namibia

  1. 95 Dominica 33.93 million compare
  2. 96 Palau 18.89 million compare
  3. 97 Sao Tome and Principe 5.18 million compare
  4. 99 Montserrat -6.04 million compare
  5. 100 Nicaragua -7.88 million compare
  6. 101 Tuvalu -22.22 million compare

See the full ranking of 206 places β†’

More financial sector data for Namibia

All data for Namibia β†’

Frequently asked questions

What is services balance (credit less debit), net (credits less debits) in Namibia?
Services balance (credit less debit), net (credits less debits) in Namibia was -1.18 million in 2024, according to International Monetary Fund.
What is the highest services balance (credit less debit), net (credits less debits) recorded in Namibia?
The highest recorded value was 197.12 million in 2015.
What is the lowest services balance (credit less debit), net (credits less debits) recorded in Namibia?
The lowest recorded value was -153.46 million in 2013.
How does Namibia rank for services balance (credit less debit), net (credits less debits)?
Namibia ranks 98th out of 197 countries with data for 2024.
Is services balance (credit less debit), net (credits less debits) rising or falling in Namibia?
Over the last ten years it is down 101.0%. 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 Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.

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Services balance (credit less debit), Net (credits less debits) in Namibia. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/stat/services-balance-credit-less-debit-net-credits-less-debits-us-dollar/namibia/

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About this data

Indicator
Services balance (credit less debit), Net (credits less debits) (US dollar)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
206 places, 3,849 data points, 2005–2024
Last refreshed

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.