Net errors and omissions (BoP, current US$), annual growth rate in Namibia
Namibia: Net errors and omissions (BoP, current US$), annual growth rate was -551.37 % change on previous year in 2024. ◆ Volatile
Net errors and omissions (BoP, current US$), annual growth rate in Namibia, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Namibia recorded -551.37 % change on previous year for net errors and omissions (bop, current us$), annual growth rate in 2024. That is the lowest value across all 34 years on record.
That represents a change of down 612.7% on the previous year and down 814.6% over ten years.
Over the whole period, net errors and omissions (bop, current us$), annual growth rate in Namibia peaked at 625.61 % change on previous year in 1996 and was at its lowest, -551.37 % change on previous year, in 2024.
That places Namibia 194th out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net errors and omissions (BoP, current US$), annual growth rate in Namibia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -86.75 % change on previous year | — |
| 1992 | -77.69 % change on previous year | -10.4% |
| 1993 | -397.3 % change on previous year | +411.4% |
| 1994 | 234.8 % change on previous year | -159.1% |
| 1995 | -121.08 % change on previous year | -151.6% |
| 1996 | 625.61 % change on previous year | -616.7% |
| 1997 | -30.64 % change on previous year | -104.9% |
| 1998 | 2.89 % change on previous year | -109.4% |
| 1999 | 90.41 % change on previous year | +3030.0% |
| 2000 | 5.5 % change on previous year | -93.9% |
| 2001 | -156.34 % change on previous year | -2942.8% |
| 2002 | 219.5 % change on previous year | -240.4% |
| 2003 | -517.57 % change on previous year | -335.8% |
| 2004 | 230 % change on previous year | -144.4% |
| 2005 | 11.08 % change on previous year | -95.2% |
| 2006 | -3.8 % change on previous year | -134.3% |
| 2007 | 292.25 % change on previous year | -7788.8% |
| 2008 | 86.25 % change on previous year | -70.5% |
| 2009 | -70.94 % change on previous year | -182.2% |
| 2010 | -177.63 % change on previous year | +150.4% |
| 2011 | 141.19 % change on previous year | -179.5% |
| 2012 | -397.04 % change on previous year | -381.2% |
| 2013 | 135.21 % change on previous year | -134.1% |
| 2014 | -60.29 % change on previous year | -144.6% |
| 2015 | 351.97 % change on previous year | -683.8% |
| 2016 | 105.38 % change on previous year | -70.1% |
| 2017 | -70.87 % change on previous year | -167.3% |
| 2018 | -16.63 % change on previous year | -76.5% |
| 2019 | 34.07 % change on previous year | -304.9% |
| 2020 | -357.69 % change on previous year | -1149.8% |
| 2021 | 74.61 % change on previous year | -120.9% |
| 2022 | -245.24 % change on previous year | -428.7% |
| 2023 | 107.54 % change on previous year | -143.9% |
| 2024 | -551.37 % change on previous year | -612.7% |
Namibia compared with similar countries
- Namibia's -551.37 % change on previous year is below the median for lower middle income countries, which is 9.65 % change on previous year. (47 countries reporting)
- Namibia's -551.37 % change on previous year is below the median for Sub-Saharan Africa, which is -24.88 % change on previous year, 22.2× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Net errors and omissions (BoP, current US$), annual growth rate in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2007 | +7788.8% | -3.8 % change on previous year | 292.25 % change on previous year |
| 1999 | +3030.0% | 2.89 % change on previous year | 90.41 % change on previous year |
| 2001 | -2942.8% | 5.5 % change on previous year | -156.34 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.69 % change on previous year | -397.3 % change on previous year | 625.61 % change on previous year | 9 |
| 2000s | 9.59 % change on previous year | -517.57 % change on previous year | 292.25 % change on previous year | 10 |
| 2010s | 4.54 % change on previous year | -397.04 % change on previous year | 351.97 % change on previous year | 10 |
| 2020s | -194.43 % change on previous year | -551.37 % change on previous year | 107.54 % change on previous year | 5 |
Countries ranked near Namibia
- 191 Barbados -430.81 % change on previous year compare
- 192 Congo -487.92 % change on previous year compare
- 193 Belize -507.88 % change on previous year compare
- 195 Myanmar -563.39 % change on previous year compare
- 196 Philippines -840.31 % change on previous year compare
- 197 Tuvalu -842.28 % change on previous year compare
More economy & growth data for Namibia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.64 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is net errors and omissions (bop, current us$), annual growth rate in Namibia?
- Net errors and omissions (bop, current us$), annual growth rate in Namibia was -551.37 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net errors and omissions (bop, current us$), annual growth rate recorded in Namibia?
- The highest recorded value was 625.61 % change on previous year in 1996.
- What is the lowest net errors and omissions (bop, current us$), annual growth rate recorded in Namibia?
- The lowest recorded value was -551.37 % change on previous year in 2024.
- How does Namibia rank for net errors and omissions (bop, current us$), annual growth rate?
- Namibia ranks 194th out of 197 countries with data for 2024.
- Is net errors and omissions (bop, current us$), annual growth rate rising or falling in Namibia?
- Over the last ten years it is down 814.6%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Statizoid (derived), published as part of Net errors and omissions (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
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How this figure is calculated
The year-on-year percentage change in Net errors and omissions (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net errors and omissions Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net errors and omissions (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.