External balance on goods and services in Namibia
Namibia: External balance on goods and services was -51.87 billion current LCU in 2025. ◆ Volatile
External balance on goods and services in Namibia, 1980–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in current LCU.
Analysis
In 2025, external balance on goods and services in Namibia stood at -51.87 billion current LCU.
Compared with earlier readings it is up 19.8% on the previous year and down 34.1% over ten years.
Over the whole period, external balance on goods and services in Namibia peaked at 2.11 billion current LCU in 2006 and was at its lowest, -64.68 billion current LCU, in 2024.
Namibia ranks 128th of 192 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 38.96 million current LCU | -229.84 million current LCU | 427.13 million current LCU | 10 |
| 1990s | -901.08 million current LCU | -2.01 billion current LCU | -166.97 million current LCU | 10 |
| 2000s | -3.37 billion current LCU | -15.72 billion current LCU | 2.11 billion current LCU | 10 |
| 2010s | -23.85 billion current LCU | -38.69 billion current LCU | -9.64 billion current LCU | 10 |
| 2020s | -43.44 billion current LCU | -64.68 billion current LCU | -16.67 billion current LCU | 6 |
Countries ranked near Namibia
More economy & growth data for Namibia
- External balance on goods and services as a percent of GDP -19.2% (2025)
- Inflation of consumer prices 3.5% (2025)
- GDP per capita 4,019 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 10.0% (2025)
- Gross domestic product (GDP) 12.43 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 4,019 constant 2015 US$ (2025)
- DEC alternative conversion factor 17.89 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 26.13 billion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 1.46 billion current US$ (2025)
- Taxes less subsidies on products 24.49 billion current LCU (2025)
Frequently asked questions
- What is external balance on goods and services in Namibia?
- External balance on goods and services in Namibia was -51.87 billion current LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Namibia?
- The highest recorded value was 2.11 billion current LCU in 2006.
- What is the lowest external balance on goods and services recorded in Namibia?
- The lowest recorded value was -64.68 billion current LCU in 2024.
- How does Namibia rank for external balance on goods and services?
- Namibia ranks 128th out of 192 countries with data for 2025.
- Is external balance on goods and services rising or falling in Namibia?
- Over the last ten years it is down 34.1%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 46 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.