Goods imports (BoP, current US$) in Namibia
Namibia: Goods imports (BoP, current US$) was 6.77 billion BoP, current US$ in 2024. ◆ Volatile
Goods imports in Namibia, 1990–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, goods imports in Namibia stood at 6.77 billion BoP, current US$. That is the highest value across all 35 years on record.
The figure is up 9.1% on the previous year and up 0.2% over ten years.
Over the whole period, goods imports in Namibia peaked at 6.77 billion BoP, current US$ in 2024 and was at its lowest, 1.23 billion BoP, current US$, in 1991.
Namibia ranks 127th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Goods imports (BoP, current US$) in Namibia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1990 | 1.23 billion BoP, current US$ | — |
| 1991 | 1.23 billion BoP, current US$ | -0.2% |
| 1992 | 1.39 billion BoP, current US$ | +13.1% |
| 1993 | 1.33 billion BoP, current US$ | -3.9% |
| 1994 | 1.41 billion BoP, current US$ | +5.3% |
| 1995 | 1.55 billion BoP, current US$ | +10.1% |
| 1996 | 1.53 billion BoP, current US$ | -1.1% |
| 1997 | 1.61 billion BoP, current US$ | +5.5% |
| 1998 | 1.45 billion BoP, current US$ | -10.2% |
| 1999 | 1.40 billion BoP, current US$ | -3.4% |
| 2000 | 1.31 billion BoP, current US$ | -6.5% |
| 2001 | 1.35 billion BoP, current US$ | +3.0% |
| 2002 | 1.28 billion BoP, current US$ | -4.9% |
| 2003 | 1.73 billion BoP, current US$ | +34.6% |
| 2004 | 2.11 billion BoP, current US$ | +22.3% |
| 2005 | 2.32 billion BoP, current US$ | +10.0% |
| 2006 | 2.55 billion BoP, current US$ | +9.7% |
| 2007 | 3.10 billion BoP, current US$ | +21.7% |
| 2008 | 4.10 billion BoP, current US$ | +32.5% |
| 2009 | 4.47 billion BoP, current US$ | +8.8% |
| 2010 | 5.23 billion BoP, current US$ | +17.0% |
| 2011 | 5.55 billion BoP, current US$ | +6.2% |
| 2012 | 6.46 billion BoP, current US$ | +16.3% |
| 2013 | 6.11 billion BoP, current US$ | -5.3% |
| 2014 | 6.76 billion BoP, current US$ | +10.6% |
| 2015 | 6.35 billion BoP, current US$ | -6.1% |
| 2016 | 5.61 billion BoP, current US$ | -11.7% |
| 2017 | 5.55 billion BoP, current US$ | -1.0% |
| 2018 | 5.75 billion BoP, current US$ | +3.4% |
| 2019 | 5.18 billion BoP, current US$ | -9.8% |
| 2020 | 4.14 billion BoP, current US$ | -20.1% |
| 2021 | 5.46 billion BoP, current US$ | +31.9% |
| 2022 | 6.33 billion BoP, current US$ | +16.0% |
| 2023 | 6.21 billion BoP, current US$ | -2.0% |
| 2024 | 6.77 billion BoP, current US$ | +9.1% |
Namibia compared with similar countries
- Namibia's 6.77 billion BoP, current US$ is below the median for lower middle income countries, which is 10.13 billion BoP, current US$, 67% of the median. (47 countries reporting)
- Namibia's 6.77 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 4.65 billion BoP, current US$, 1.5× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.41 billion BoP, current US$ | 1.23 billion BoP, current US$ | 1.61 billion BoP, current US$ | 10 |
| 2000s | 2.43 billion BoP, current US$ | 1.28 billion BoP, current US$ | 4.47 billion BoP, current US$ | 10 |
| 2010s | 5.85 billion BoP, current US$ | 5.18 billion BoP, current US$ | 6.76 billion BoP, current US$ | 10 |
| 2020s | 5.78 billion BoP, current US$ | 4.14 billion BoP, current US$ | 6.77 billion BoP, current US$ | 5 |
Countries ranked near Namibia
- 124 Guinea 7.08 billion BoP, current US$ compare
- 125 Trinidad and Tobago 6.83 billion BoP, current US$ compare
- 126 Yemen 6.80 billion BoP, current US$ compare
- 128 Sudan 6.69 billion BoP, current US$ compare
- 129 Mauritius 6.35 billion BoP, current US$ compare
- 130 Brunei 6.28 billion BoP, current US$ compare
More economy & growth data for Namibia
- Real gdp growth, annual growth rate -16.45 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 2.35 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 74.4 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.53 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 54.32 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -25 % change on previous year (2025)
Frequently asked questions
- What is goods imports in Namibia?
- Goods imports in Namibia was 6.77 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods imports recorded in Namibia?
- The highest recorded value was 6.77 billion BoP, current US$ in 2024.
- What is the lowest goods imports recorded in Namibia?
- The lowest recorded value was 1.23 billion BoP, current US$ in 1991.
- How does Namibia rank for goods imports?
- Namibia ranks 127th out of 200 countries with data for 2024.
- Is goods imports rising or falling in Namibia?
- Over the last ten years it is up 0.2%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods imports (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Imports of goods occur when there are changes in the economic ownership of goods from non-residents to residents of the compiling economy, irrespective of physical movement of goods across national borders. 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.