Net trade in goods and services (BoP, current US$), annual growth rate in Namibia
Namibia: Net trade in goods and services (BoP, current US$), annual growth rate was -20.68 % change on previous year in 2024. ◆ Volatile
Net trade in goods and services (BoP, current US$), annual growth rate in Namibia, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Namibia recorded -20.68 % change on previous year for net trade in goods and services (bop, current us$), annual growth rate in 2024.
Compared with earlier readings it is up 34.3% on the previous year and down 59.5% over ten years.
Over the whole period, net trade in goods and services (bop, current us$), annual growth rate in Namibia peaked at 192.81 % change on previous year in 2006 and was at its lowest, -964.77 % change on previous year, in 2008.
Namibia ranks 145th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods and services (BoP, current US$), annual growth rate in Namibia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -0.7083 % change on previous year | — |
| 1992 | -14.07 % change on previous year | +1886.8% |
| 1993 | 28.53 % change on previous year | -302.8% |
| 1994 | 1.3 % change on previous year | -95.4% |
| 1995 | -23.99 % change on previous year | -1939.7% |
| 1996 | -1.31 % change on previous year | -94.5% |
| 1997 | -14.7 % change on previous year | +1022.9% |
| 1998 | 28.87 % change on previous year | -296.4% |
| 1999 | -19.96 % change on previous year | -169.1% |
| 2000 | 59.56 % change on previous year | -398.3% |
| 2001 | -32.2 % change on previous year | -154.1% |
| 2002 | 8.73 % change on previous year | -127.1% |
| 2003 | -84.05 % change on previous year | -1062.5% |
| 2004 | 30.14 % change on previous year | -135.9% |
| 2005 | 5.76 % change on previous year | -80.9% |
| 2006 | 192.81 % change on previous year | +3247.0% |
| 2007 | -146.7 % change on previous year | -176.1% |
| 2008 | -964.77 % change on previous year | +557.6% |
| 2009 | -38.7 % change on previous year | -96.0% |
| 2010 | 3.59 % change on previous year | -109.3% |
| 2011 | -17.22 % change on previous year | -579.2% |
| 2012 | -40.09 % change on previous year | +132.8% |
| 2013 | -14.67 % change on previous year | -63.4% |
| 2014 | -12.96 % change on previous year | -11.6% |
| 2015 | -4.51 % change on previous year | -65.2% |
| 2016 | 12.83 % change on previous year | -384.6% |
| 2017 | 34.27 % change on previous year | +167.0% |
| 2018 | 17.15 % change on previous year | -50.0% |
| 2019 | 12.3 % change on previous year | -28.3% |
| 2020 | 18.18 % change on previous year | +47.9% |
| 2021 | -110.82 % change on previous year | -709.4% |
| 2022 | 2.11 % change on previous year | -101.9% |
| 2023 | -31.49 % change on previous year | -1593.8% |
| 2024 | -20.68 % change on previous year | -34.3% |
Namibia compared with similar countries
- Namibia's -20.68 % change on previous year is below the median for lower middle income countries, which is 1.07 % change on previous year. (47 countries reporting)
- Namibia's -20.68 % change on previous year is below the median for Sub-Saharan Africa, which is 2.26 % change on previous year. (47 countries reporting)
Biggest year-on-year movements
Years where Net trade in goods and services (BoP, current US$), annual growth rate in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +3247.0% | 5.76 % change on previous year | 192.81 % change on previous year |
| 1995 | -1939.7% | 1.3 % change on previous year | -23.99 % change on previous year |
| 1992 | -1886.8% | -0.7083 % change on previous year | -14.07 % change on previous year |
| 2023 | -1593.8% | 2.11 % change on previous year | -31.49 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.78 % change on previous year | -23.99 % change on previous year | 28.87 % change on previous year | 9 |
| 2000s | -96.94 % change on previous year | -964.77 % change on previous year | 192.81 % change on previous year | 10 |
| 2010s | -0.9308 % change on previous year | -40.09 % change on previous year | 34.27 % change on previous year | 10 |
| 2020s | -28.54 % change on previous year | -110.82 % change on previous year | 18.18 % change on previous year | 5 |
Countries ranked near Namibia
- 142 Djibouti -20.17 % change on previous year compare
- 143 Poland -20.46 % change on previous year compare
- 144 Lithuania -20.5 % change on previous year compare
- 146 North Macedonia -20.81 % change on previous year compare
- 147 Brazil -21.1 % change on previous year compare
- 148 Tajikistan -23.27 % change on previous year compare
More economy & growth data for Namibia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.64 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is net trade in goods and services (bop, current us$), annual growth rate in Namibia?
- Net trade in goods and services (bop, current us$), annual growth rate in Namibia was -20.68 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest net trade in goods and services (bop, current us$), annual growth rate recorded in Namibia?
- The highest recorded value was 192.81 % change on previous year in 2006.
- What is the lowest net trade in goods and services (bop, current us$), annual growth rate recorded in Namibia?
- The lowest recorded value was -964.77 % change on previous year in 2008.
- How does Namibia rank for net trade in goods and services (bop, current us$), annual growth rate?
- Namibia ranks 145th out of 199 countries with data for 2024.
- Is net trade in goods and services (bop, current us$), annual growth rate rising or falling in Namibia?
- Over the last ten years it is down 59.5%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Statizoid (derived), published as part of Net trade in goods and services (BoP, current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 34 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Net trade in goods and services Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Net trade in goods and services (BoP, current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.