Services, Credit/Revenue in Namibia
Namibia: Services, Credit/Revenue was 1.29 billion in 2024. ▲ Rising
Services, Credit/Revenue in Namibia, 2005–2024
Source: International Monetary Fund.
Analysis
Namibia recorded 1.29 billion for services, credit/revenue in 2024. That is the highest value across all 20 years on record.
The figure is up 20.1% on the previous year and up 28.9% over ten years.
Over the whole period, services, credit/revenue in Namibia peaked at 1.29 billion in 2024 and was at its lowest, 411.01 million, in 2005.
That places Namibia 130th out of 198 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.
Services, Credit/Revenue in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 411.01 million | — |
| 2006 | 526.04 million | +28.0% |
| 2007 | 597.85 million | +13.7% |
| 2008 | 555.24 million | -7.1% |
| 2009 | 615.33 million | +10.8% |
| 2010 | 678.49 million | +10.3% |
| 2011 | 796.98 million | +17.5% |
| 2012 | 710.13 million | -10.9% |
| 2013 | 580.49 million | -18.3% |
| 2014 | 999.69 million | +72.2% |
| 2015 | 877.81 million | -12.2% |
| 2016 | 535.37 million | -39.0% |
| 2017 | 740.21 million | +38.3% |
| 2018 | 761.99 million | +2.9% |
| 2019 | 702.18 million | -7.8% |
| 2020 | 684.37 million | -2.5% |
| 2021 | 681.32 million | -0.4% |
| 2022 | 969.16 million | +42.2% |
| 2023 | 1.07 billion | +10.7% |
| 2024 | 1.29 billion | +20.1% |
Namibia compared with similar countries
- Namibia's 1.29 billion is below the median for lower middle income countries, which is 1.29 billion, 100% of the median. (46 countries reporting)
- Namibia's 1.29 billion is above the median for Sub-Saharan Africa, which is 514.12 million, 2.5× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 541.09 million | 411.01 million | 615.33 million | 5 |
| 2010s | 738.33 million | 535.37 million | 999.69 million | 10 |
| 2020s | 939.35 million | 681.32 million | 1.29 billion | 5 |
Countries ranked near Namibia
- 127 Kyrgyzstan 1.37 billion compare
- 128 Fiji 1.33 billion compare
- 129 Nicaragua 1.30 billion compare
- 131 Venezuela 1.28 billion compare
- 132 Sint Maarten (Dutch part) 1.27 billion compare
- 133 Trinidad and Tobago 1.26 billion 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 services, credit/revenue in Namibia?
- Services, credit/revenue in Namibia was 1.29 billion in 2024, according to International Monetary Fund.
- What is the highest services, credit/revenue recorded in Namibia?
- The highest recorded value was 1.29 billion in 2024.
- What is the lowest services, credit/revenue recorded in Namibia?
- The lowest recorded value was 411.01 million in 2005.
- How does Namibia rank for services, credit/revenue?
- Namibia ranks 130th out of 198 countries with data for 2024.
- Is services, credit/revenue rising or falling in Namibia?
- Over the last ten years it is up 28.9%. 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 Services, Credit/Revenue (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.