Personal remittances, paid (current US$), annual growth rate in Namibia
Namibia: Personal remittances, paid (current US$), annual growth rate was 40.13 % change on previous year in 2024. ◆ Volatile
Personal remittances, paid (current US$), annual growth rate in Namibia, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for personal remittances, paid (current us$), annual growth rate in Namibia is 40.13 % change on previous year, measured in 2024.
Compared with earlier readings it is up 785.5% on the previous year and down 30.8% over ten years.
Over the whole period, personal remittances, paid (current us$), annual growth rate in Namibia peaked at 172.88 % change on previous year in 2008 and was at its lowest, -52.69 % change on previous year, in 2020.
Namibia ranks 22nd of 194 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid (current US$), annual growth rate in Namibia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | -13.72 % change on previous year | — |
| 1992 | -22.51 % change on previous year | +64.0% |
| 1993 | -22.81 % change on previous year | +1.3% |
| 1994 | -16.41 % change on previous year | -28.0% |
| 1995 | 0.1219 % change on previous year | -100.7% |
| 1996 | -3.55 % change on previous year | -3014.8% |
| 1997 | 53.76 % change on previous year | -1612.4% |
| 1998 | -36.64 % change on previous year | -168.2% |
| 1999 | -12.96 % change on previous year | -64.6% |
| 2000 | -5.14 % change on previous year | -60.3% |
| 2001 | -9.49 % change on previous year | +84.6% |
| 2002 | 2.2 % change on previous year | -123.1% |
| 2003 | 83.7 % change on previous year | +3711.6% |
| 2004 | 16.42 % change on previous year | -80.4% |
| 2005 | 6.7 % change on previous year | -59.2% |
| 2006 | 7.55 % change on previous year | +12.6% |
| 2007 | -20.92 % change on previous year | -377.2% |
| 2008 | 172.88 % change on previous year | -926.4% |
| 2009 | 59.76 % change on previous year | -65.4% |
| 2010 | 20.43 % change on previous year | -65.8% |
| 2011 | 37.13 % change on previous year | +81.8% |
| 2012 | -7.55 % change on previous year | -120.3% |
| 2013 | -19.73 % change on previous year | +161.4% |
| 2014 | 57.95 % change on previous year | -393.8% |
| 2015 | -45.56 % change on previous year | -178.6% |
| 2016 | -30.18 % change on previous year | -33.8% |
| 2017 | 37.29 % change on previous year | -223.6% |
| 2018 | -15.42 % change on previous year | -141.3% |
| 2019 | 64.97 % change on previous year | -521.4% |
| 2020 | -52.69 % change on previous year | -181.1% |
| 2021 | 25.85 % change on previous year | -149.1% |
| 2022 | -2.91 % change on previous year | -111.3% |
| 2023 | 4.53 % change on previous year | -255.8% |
| 2024 | 40.13 % change on previous year | +785.5% |
Namibia compared with similar countries
- Namibia's 40.13 % change on previous year is above the median for lower middle income countries, which is 4.5 % change on previous year, 8.9× the median. (47 countries reporting)
- Namibia's 40.13 % change on previous year is above the median for Sub-Saharan Africa, which is 8.41 % change on previous year, 4.8× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid (current US$), annual growth rate in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2003 | +3711.6% | 2.2 % change on previous year | 83.7 % change on previous year |
| 1996 | -3014.8% | 0.1219 % change on previous year | -3.55 % change on previous year |
| 1997 | +1612.4% | -3.55 % change on previous year | 53.76 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -8.3 % change on previous year | -36.64 % change on previous year | 53.76 % change on previous year | 9 |
| 2000s | 31.36 % change on previous year | -20.92 % change on previous year | 172.88 % change on previous year | 10 |
| 2010s | 9.93 % change on previous year | -45.56 % change on previous year | 64.97 % change on previous year | 10 |
| 2020s | 2.98 % change on previous year | -52.69 % change on previous year | 40.13 % change on previous year | 5 |
Countries ranked near Namibia
- 19 Argentina 47.12 % change on previous year compare
- 20 Ethiopia 47.01 % change on previous year compare
- 21 Sudan 40.74 % change on previous year compare
- 23 Burundi 38.09 % change on previous year compare
- 24 Naoero 36.16 % change on previous year compare
- 25 Spain 35.01 % change on previous year compare
More economy & growth data for Namibia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.64 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, paid (current us$), annual growth rate in Namibia?
- Personal remittances, paid (current us$), annual growth rate in Namibia was 40.13 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), annual growth rate recorded in Namibia?
- The highest recorded value was 172.88 % change on previous year in 2008.
- What is the lowest personal remittances, paid (current us$), annual growth rate recorded in Namibia?
- The lowest recorded value was -52.69 % change on previous year in 2020.
- How does Namibia rank for personal remittances, paid (current us$), annual growth rate?
- Namibia ranks 22nd out of 194 countries with data for 2024.
- Is personal remittances, paid (current us$), annual growth rate rising or falling in Namibia?
- Over the last ten years it is down 30.8%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, paid (current US$), 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 Personal remittances, paid (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Personal remittances, paid (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.