External balance on goods and services in Namibia
Namibia: External balance on goods and services was -2.90 billion current US$ 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 US$.
Analysis
In 2025, external balance on goods and services in Namibia stood at -2.90 billion current US$.
Compared with earlier readings it is up 17.8% on the previous year and up 3.5% over ten years.
Over the whole period, external balance on goods and services in Namibia peaked at 341.82 million current US$ in 1980 and was at its lowest, -3.53 billion current US$, in 2024.
Namibia ranks 140th of 192 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -983,240 current US$ | -256.45 million current US$ | 341.82 million current US$ | 10 |
| 1990s | -209.72 million current US$ | -363.71 million current US$ | -47.02 million current US$ | 10 |
| 2000s | -409.15 million current US$ | -1.84 billion current US$ | 312.05 million current US$ | 10 |
| 2010s | -2.12 billion current US$ | -3.11 billion current US$ | -1.27 billion current US$ | 10 |
| 2020s | -2.52 billion current US$ | -3.53 billion current US$ | -1.01 billion current US$ | 6 |
Countries ranked near Namibia
- 137 Montenegro -2.37 billion current US$ compare
- 138 North Macedonia -2.63 billion current US$ compare
- 139 Malawi -2.70 billion current US$ compare
- 141 Nicaragua -2.95 billion current US$ compare
- 142 Mozambique -3.20 billion current US$ compare
- 143 New Zealand -3.27 billion current US$ compare
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 -2.90 billion current US$ 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 341.82 million current US$ in 1980.
- What is the lowest external balance on goods and services recorded in Namibia?
- The lowest recorded value was -3.53 billion current US$ in 2024.
- How does Namibia rank for external balance on goods and services?
- Namibia ranks 140th 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 up 3.5%. 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 US$). Statizoid updates them automatically from the source API.
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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 indicator is expressed in United States dollars.