Current account balance as a proportion of gdp in Namibia
Namibia: Current account balance as a proportion of gdp was -14.83 in 2023. β Volatile
Latest (2023)
-14.83
Change on year
down 14.1%
World rank
178th
of 191 countries
All-time high
13.53
in 2006
All-time low
-16.5
in 2016
Years of data
24
2000β2023
Current account balance as a proportion of gdp in Namibia, 2000β2023
Source: Our World in Data.
Analysis
Namibia recorded -14.83 for current account balance as a proportion of gdp in 2023.
The figure is down 14.1% on the previous year and down 80.0% over ten years.
Over the whole period, current account balance as a proportion of gdp in Namibia peaked at 13.53 in 2006 and was at its lowest, -16.5, in 2016.
Namibia ranks 178th of 191 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.28 | -3.54 | 13.53 | 10 |
| 2010s | -7.7 | -16.5 | -1.76 | 10 |
| 2020s | -9.05 | -14.83 | 2.99 | 4 |
Countries ranked near Namibia
- 175 Saint Kitts and Nevis -13.57 compare
- 176 Grenada -13.99 compare
- 177 Sao Tome and Principe -14.69 compare
- 179 Afghanistan -15.72 compare
- 180 Niger -16.2 compare
- 181 Palestine, State of -16.62 compare
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)
- Taxes less subsidies on products (current LCU), annual growth rate 5.86 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 1.62 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 7,918 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0439 (2025)
- Domestic currency per Special drawing rights (End-of-period (EoP)) 22.76 (2025)
- Domestic currency per US dollar (End-of-period (EoP)) 16.62 (2025)
- US dollar per domestic currency (End-of-period (EoP)) 0.0602 (2025)
- Gdp worldbank constant usd, annual growth rate 1.73 % change on previous year (2025)
Frequently asked questions
- What is current account balance as a proportion of gdp in Namibia?
- Current account balance as a proportion of gdp in Namibia was -14.83 in 2023, according to Our World in Data.
- What is the highest current account balance as a proportion of gdp recorded in Namibia?
- The highest recorded value was 13.53 in 2006.
- What is the lowest current account balance as a proportion of gdp recorded in Namibia?
- The lowest recorded value was -16.5 in 2016.
- How does Namibia rank for current account balance as a proportion of gdp?
- Namibia ranks 178th out of 191 countries with data for 2023.
- Is current account balance as a proportion of gdp rising or falling in Namibia?
- Over the last ten years it is down 80.0%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Our World in Data, published as part of Current account balance as a proportion of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV Β· JSON β 24 observations, free to reuse under CC BY 4.0 (Our World in Data).