Imports of goods and services (BoP, current US$), per unit of GDP in Namibia
Namibia: Imports of goods and services (BoP, current US$), per unit of GDP was 0.6774 BoP, current US$ per US$ of GDP in 2024. ▲ Rising
Imports of goods and services (BoP, current US$), per unit of GDP in Namibia, 1990–2024
Source: Statizoid (derived). Measured in BoP, current US$ per US$ of GDP.
Analysis
In 2024, imports of goods and services (bop, current us$), per unit of gdp in Namibia stood at 0.6774 BoP, current US$ per US$ of GDP.
Compared with earlier readings it is down 0.4% on the previous year and up 10.2% over ten years.
Over the whole period, imports of goods and services (bop, current us$), per unit of gdp in Namibia peaked at 0.6804 BoP, current US$ per US$ of GDP in 2023 and was at its lowest, 0.371 BoP, current US$ per US$ of GDP, in 2005.
That places Namibia 45th out of 199 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 35 years of available data.
Imports of goods and services (BoP, current US$), per unit of GDP in Namibia, year by year
| Year | BoP, current US$ per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.5679 BoP, current US$ per US$ of GDP | — |
| 1991 | 0.5641 BoP, current US$ per US$ of GDP | -0.7% |
| 1992 | 0.5539 BoP, current US$ per US$ of GDP | -1.8% |
| 1993 | 0.5599 BoP, current US$ per US$ of GDP | +1.1% |
| 1994 | 0.5113 BoP, current US$ per US$ of GDP | -8.7% |
| 1995 | 0.5277 BoP, current US$ per US$ of GDP | +3.2% |
| 1996 | 0.5294 BoP, current US$ per US$ of GDP | +0.3% |
| 1997 | 0.5171 BoP, current US$ per US$ of GDP | -2.3% |
| 1998 | 0.4926 BoP, current US$ per US$ of GDP | -4.7% |
| 1999 | 0.4742 BoP, current US$ per US$ of GDP | -3.7% |
| 2000 | 0.4156 BoP, current US$ per US$ of GDP | -12.4% |
| 2001 | 0.4557 BoP, current US$ per US$ of GDP | +9.6% |
| 2002 | 0.4522 BoP, current US$ per US$ of GDP | -0.8% |
| 2003 | 0.4064 BoP, current US$ per US$ of GDP | -10.1% |
| 2004 | 0.3829 BoP, current US$ per US$ of GDP | -5.8% |
| 2005 | 0.371 BoP, current US$ per US$ of GDP | -3.1% |
| 2006 | 0.3718 BoP, current US$ per US$ of GDP | +0.2% |
| 2007 | 0.4083 BoP, current US$ per US$ of GDP | +9.8% |
| 2008 | 0.5448 BoP, current US$ per US$ of GDP | +33.4% |
| 2009 | 0.5605 BoP, current US$ per US$ of GDP | +2.9% |
| 2010 | 0.518 BoP, current US$ per US$ of GDP | -7.6% |
| 2011 | 0.497 BoP, current US$ per US$ of GDP | -4.0% |
| 2012 | 0.5403 BoP, current US$ per US$ of GDP | +8.7% |
| 2013 | 0.5686 BoP, current US$ per US$ of GDP | +5.2% |
| 2014 | 0.6146 BoP, current US$ per US$ of GDP | +8.1% |
| 2015 | 0.6203 BoP, current US$ per US$ of GDP | +0.9% |
| 2016 | 0.5874 BoP, current US$ per US$ of GDP | -5.3% |
| 2017 | 0.4784 BoP, current US$ per US$ of GDP | -18.6% |
| 2018 | 0.464 BoP, current US$ per US$ of GDP | -3.0% |
| 2019 | 0.4631 BoP, current US$ per US$ of GDP | -0.2% |
| 2020 | 0.4616 BoP, current US$ per US$ of GDP | -0.3% |
| 2021 | 0.5214 BoP, current US$ per US$ of GDP | +12.9% |
| 2022 | 0.5911 BoP, current US$ per US$ of GDP | +13.4% |
| 2023 | 0.6804 BoP, current US$ per US$ of GDP | +15.1% |
| 2024 | 0.6774 BoP, current US$ per US$ of GDP | -0.4% |
Namibia compared with similar countries
- Namibia's 0.6774 BoP, current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.3549 BoP, current US$ per US$ of GDP, 1.9× the median. (47 countries reporting)
- Namibia's 0.6774 BoP, current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.345 BoP, current US$ per US$ of GDP, 2.0× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.5298 BoP, current US$ per US$ of GDP | 0.4742 BoP, current US$ per US$ of GDP | 0.5679 BoP, current US$ per US$ of GDP | 10 |
| 2000s | 0.4369 BoP, current US$ per US$ of GDP | 0.371 BoP, current US$ per US$ of GDP | 0.5605 BoP, current US$ per US$ of GDP | 10 |
| 2010s | 0.5352 BoP, current US$ per US$ of GDP | 0.4631 BoP, current US$ per US$ of GDP | 0.6203 BoP, current US$ per US$ of GDP | 10 |
| 2020s | 0.5864 BoP, current US$ per US$ of GDP | 0.4616 BoP, current US$ per US$ of GDP | 0.6804 BoP, current US$ per US$ of GDP | 5 |
Countries ranked near Namibia
- 42 Lithuania 0.6913 BoP, current US$ per US$ of GDP compare
- 43 Aruba 0.6847 BoP, current US$ per US$ of GDP compare
- 44 Hungary 0.6837 BoP, current US$ per US$ of GDP compare
- 46 Thailand 0.674 BoP, current US$ per US$ of GDP compare
- 47 Latvia 0.672 BoP, current US$ per US$ of GDP compare
- 48 Dominica 0.6666 BoP, current US$ per US$ of GDP 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)
- 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$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is imports of goods and services (bop, current us$), per unit of gdp in Namibia?
- Imports of goods and services (bop, current us$), per unit of gdp in Namibia was 0.6774 BoP, current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest imports of goods and services (bop, current us$), per unit of gdp recorded in Namibia?
- The highest recorded value was 0.6804 BoP, current US$ per US$ of GDP in 2023.
- What is the lowest imports of goods and services (bop, current us$), per unit of gdp recorded in Namibia?
- The lowest recorded value was 0.371 BoP, current US$ per US$ of GDP in 2005.
- How does Namibia rank for imports of goods and services (bop, current us$), per unit of gdp?
- Namibia ranks 45th out of 199 countries with data for 2024.
- Is imports of goods and services (bop, current us$), per unit of gdp rising or falling in Namibia?
- Over the last ten years it is up 10.2%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from Statizoid (derived), published as part of Imports of goods and services (BoP, current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Imports of goods and services (BoP, current US$) ÷ GDP (current US$)
Computed from
- Imports of goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Imports of goods and services (BoP, current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.