Average remittance costs of sending $200 to a receiving country as a in Namibia
Namibia: Average remittance costs of sending $200 to a receiving country as a was 13.3% in 2025. ▼ Falling
Latest (2025)
13.3%
Change on year
down 9.4%
World rank
8th
of 110 countries
All-time high
27.6%
in 2017
All-time low
11.3%
in 2023
Years of data
9
2017–2025
Average remittance costs of sending $200 to a receiving country as a in Namibia, 2017–2025
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for average remittance costs of sending $200 to a receiving country as a in Namibia is 13.3%, measured in 2025.
Compared with earlier readings it is down 9.4% on the previous year and down 51.9% over ten years.
Over the whole period, average remittance costs of sending $200 to a receiving country as a in Namibia peaked at 27.6% in 2017 and was at its lowest, 11.3%, in 2023.
Namibia ranks 8th of 110 countries on this measure, in the top 10%.
Average remittance costs of sending $200 to a receiving country as a in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2017 | 27.6% | — |
| 2018 | 26.9% | -2.5% |
| 2019 | 16.1% | -40.4% |
| 2020 | 19.1% | +18.9% |
| 2021 | 12.7% | -33.6% |
| 2022 | 26.3% | +107.7% |
| 2023 | 11.3% | -57.2% |
| 2024 | 14.7% | +30.1% |
| 2025 | 13.3% | -9.4% |
Namibia compared with similar countries
- Namibia's 13.3% is above the median for lower middle income countries, which is 5.6%, 2.4× the median. (32 countries reporting)
- Namibia's 13.3% is above the median for Sub-Saharan Africa, which is 8.3%, 1.6× the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 23.5% | 16.1% | 27.6% | 3 |
| 2020s | 16.2% | 11.3% | 26.3% | 6 |
Countries ranked near Namibia
More economy & growth data for Namibia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.64 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 44.40 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 14.65 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.93 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -15.67 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1418 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 638.56 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is average remittance costs of sending $200 to a receiving country as a in Namibia?
- Average remittance costs of sending $200 to a receiving country as a in Namibia was 13.3% in 2025, according to United Nations Statistics Division, SDG Global Database.
- What is the highest average remittance costs of sending $200 to a receiving country as a recorded in Namibia?
- The highest recorded value was 27.6% in 2017.
- What is the lowest average remittance costs of sending $200 to a receiving country as a recorded in Namibia?
- The lowest recorded value was 11.3% in 2023.
- How does Namibia rank for average remittance costs of sending $200 to a receiving country as a?
- Namibia ranks 8th out of 110 countries with data for 2025.
- Is average remittance costs of sending $200 to a receiving country as a rising or falling in Namibia?
- Over the last ten years it is down 51.9%. The long-run trend across the full record is falling.
- Where does this Namibia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Average remittance costs of sending $200 to a receiving country as a proportion of the amount remitted (%). Statizoid updates them automatically from the source API.
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