Personal remittances, paid (current US$), per unit of GDP in Namibia
Namibia: Personal remittances, paid (current US$), per unit of GDP was 0.0059 current US$ per US$ of GDP in 2024. ▲ Rising
Personal remittances, paid (current US$), per unit of GDP in Namibia, 1990–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, personal remittances, paid (current us$), per unit of gdp in Namibia stood at 0.0059 current US$ per US$ of GDP.
The figure is up 28.6% on the previous year and down 43.8% over ten years.
Over the whole period, personal remittances, paid (current us$), per unit of gdp in Namibia peaked at 0.0106 current US$ per US$ of GDP in 2014 and was at its lowest, 0.0018 current US$ per US$ of GDP, in 2007.
That places Namibia 118th out of 195 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Personal remittances, paid (current US$), per unit of GDP in Namibia, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1990 | 0.0093 current US$ per US$ of GDP | — |
| 1991 | 0.0074 current US$ per US$ of GDP | -19.7% |
| 1992 | 0.005 current US$ per US$ of GDP | -32.3% |
| 1993 | 0.0041 current US$ per US$ of GDP | -18.6% |
| 1994 | 0.003 current US$ per US$ of GDP | -25.9% |
| 1995 | 0.0028 current US$ per US$ of GDP | -7.7% |
| 1996 | 0.0027 current US$ per US$ of GDP | -3.8% |
| 1997 | 0.004 current US$ per US$ of GDP | +47.6% |
| 1998 | 0.0027 current US$ per US$ of GDP | -32.0% |
| 1999 | 0.0024 current US$ per US$ of GDP | -12.9% |
| 2000 | 0.0022 current US$ per US$ of GDP | -6.4% |
| 2001 | 0.0022 current US$ per US$ of GDP | -0.2% |
| 2002 | 0.0024 current US$ per US$ of GDP | +8.5% |
| 2003 | 0.003 current US$ per US$ of GDP | +24.9% |
| 2004 | 0.0026 current US$ per US$ of GDP | -13.2% |
| 2005 | 0.0025 current US$ per US$ of GDP | -2.7% |
| 2006 | 0.0025 current US$ per US$ of GDP | -2.6% |
| 2007 | 0.0018 current US$ per US$ of GDP | -28.4% |
| 2008 | 0.0049 current US$ per US$ of GDP | +180.2% |
| 2009 | 0.0076 current US$ per US$ of GDP | +53.8% |
| 2010 | 0.0071 current US$ per US$ of GDP | -5.8% |
| 2011 | 0.0089 current US$ per US$ of GDP | +25.2% |
| 2012 | 0.0079 current US$ per US$ of GDP | -11.2% |
| 2013 | 0.0069 current US$ per US$ of GDP | -13.1% |
| 2014 | 0.0106 current US$ per US$ of GDP | +53.0% |
| 2015 | 0.0063 current US$ per US$ of GDP | -40.3% |
| 2016 | 0.0047 current US$ per US$ of GDP | -26.2% |
| 2017 | 0.0053 current US$ per US$ of GDP | +14.2% |
| 2018 | 0.0042 current US$ per US$ of GDP | -20.3% |
| 2019 | 0.0076 current US$ per US$ of GDP | +80.0% |
| 2020 | 0.0043 current US$ per US$ of GDP | -43.9% |
| 2021 | 0.0046 current US$ per US$ of GDP | +7.4% |
| 2022 | 0.0044 current US$ per US$ of GDP | -4.2% |
| 2023 | 0.0046 current US$ per US$ of GDP | +4.9% |
| 2024 | 0.0059 current US$ per US$ of GDP | +28.6% |
Namibia compared with similar countries
- Namibia's 0.0059 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0053 current US$ per US$ of GDP, 1.1× the median. (47 countries reporting)
- Namibia's 0.0059 current US$ per US$ of GDP is below the median for Sub-Saharan Africa, which is 0.0064 current US$ per US$ of GDP, 93% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid (current US$), per unit of GDP in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +180.2% | 0.0018 current US$ per US$ of GDP | 0.0049 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.0043 current US$ per US$ of GDP | 0.0024 current US$ per US$ of GDP | 0.0093 current US$ per US$ of GDP | 10 |
| 2000s | 0.0032 current US$ per US$ of GDP | 0.0018 current US$ per US$ of GDP | 0.0076 current US$ per US$ of GDP | 10 |
| 2010s | 0.007 current US$ per US$ of GDP | 0.0042 current US$ per US$ of GDP | 0.0106 current US$ per US$ of GDP | 10 |
| 2020s | 0.0048 current US$ per US$ of GDP | 0.0043 current US$ per US$ of GDP | 0.0059 current US$ per US$ of GDP | 5 |
Countries ranked near Namibia
- 115 France 0.0062 current US$ per US$ of GDP compare
- 116 Botswana 0.0061 current US$ per US$ of GDP compare
- 117 Saint Lucia 0.0061 current US$ per US$ of GDP compare
- 119 Trinidad and Tobago 0.0058 current US$ per US$ of GDP compare
- 120 Finland 0.0056 current US$ per US$ of GDP compare
- 121 Eswatini 0.0056 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$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, paid (current us$), per unit of gdp in Namibia?
- Personal remittances, paid (current us$), per unit of gdp in Namibia was 0.0059 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Namibia?
- The highest recorded value was 0.0106 current US$ per US$ of GDP in 2014.
- What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Namibia?
- The lowest recorded value was 0.0018 current US$ per US$ of GDP in 2007.
- How does Namibia rank for personal remittances, paid (current us$), per unit of gdp?
- Namibia ranks 118th out of 195 countries with data for 2024.
- Is personal remittances, paid (current us$), per unit of gdp rising or falling in Namibia?
- Over the last ten years it is down 43.8%. 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 Personal remittances, paid (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.