Personal remittances, paid (current US$) (IMF balance) in Namibia
Namibia: Personal remittances, paid (current US$) (IMF balance) was 80.92 million current US$ in 2024. ◆ Volatile
Personal remittances, paid in Namibia, 1990–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, personal remittances, paid in Namibia stood at 80.92 million current US$.
That represents a change of up 40.1% on the previous year and down 38.3% over ten years.
Over the whole period, personal remittances, paid in Namibia peaked at 131.23 million current US$ in 2014 and was at its lowest, 7.84 million current US$, in 2001.
That places Namibia 147th out of 196 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid (current US$) (IMF balance) in Namibia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 25.86 million current US$ | — |
| 1991 | 22.31 million current US$ | -13.7% |
| 1992 | 17.29 million current US$ | -22.5% |
| 1993 | 13.34 million current US$ | -22.8% |
| 1994 | 11.15 million current US$ | -16.4% |
| 1995 | 11.17 million current US$ | +0.1% |
| 1996 | 10.77 million current US$ | -3.6% |
| 1997 | 16.56 million current US$ | +53.8% |
| 1998 | 10.49 million current US$ | -36.6% |
| 1999 | 9.13 million current US$ | -13.0% |
| 2000 | 8.66 million current US$ | -5.1% |
| 2001 | 7.84 million current US$ | -9.5% |
| 2002 | 8.01 million current US$ | +2.2% |
| 2003 | 14.72 million current US$ | +83.7% |
| 2004 | 17.13 million current US$ | +16.4% |
| 2005 | 18.28 million current US$ | +6.7% |
| 2006 | 19.66 million current US$ | +7.5% |
| 2007 | 15.55 million current US$ | -20.9% |
| 2008 | 42.43 million current US$ | +172.9% |
| 2009 | 67.79 million current US$ | +59.8% |
| 2010 | 81.64 million current US$ | +20.4% |
| 2011 | 111.95 million current US$ | +37.1% |
| 2012 | 103.50 million current US$ | -7.5% |
| 2013 | 83.08 million current US$ | -19.7% |
| 2014 | 131.23 million current US$ | +58.0% |
| 2015 | 71.44 million current US$ | -45.6% |
| 2016 | 49.88 million current US$ | -30.2% |
| 2017 | 68.48 million current US$ | +37.3% |
| 2018 | 57.92 million current US$ | -15.4% |
| 2019 | 95.56 million current US$ | +65.0% |
| 2020 | 45.21 million current US$ | -52.7% |
| 2021 | 56.90 million current US$ | +25.8% |
| 2022 | 55.24 million current US$ | -2.9% |
| 2023 | 57.75 million current US$ | +4.5% |
| 2024 | 80.92 million current US$ | +40.1% |
Namibia compared with similar countries
- Namibia's 80.92 million current US$ is below the median for lower middle income countries, which is 140.53 million current US$, 58% of the median. (47 countries reporting)
- Namibia's 80.92 million current US$ is below the median for Sub-Saharan Africa, which is 100.37 million current US$, 81% of the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.81 million current US$ | 9.13 million current US$ | 25.86 million current US$ | 10 |
| 2000s | 22.01 million current US$ | 7.84 million current US$ | 67.79 million current US$ | 10 |
| 2010s | 85.47 million current US$ | 49.88 million current US$ | 131.23 million current US$ | 10 |
| 2020s | 59.20 million current US$ | 45.21 million current US$ | 80.92 million current US$ | 5 |
Countries ranked near Namibia
- 144 Guinea-Bissau 84.68 million current US$ compare
- 145 Papua New Guinea 83.67 million current US$ compare
- 146 Gambia 83.03 million current US$ compare
- 148 Madagascar 78.70 million current US$ compare
- 149 Congo 78.32 million current US$ compare
- 150 Tunisia 77.22 million current US$ compare
More economy & growth data for Namibia
- Real gdp growth, annual growth rate -16.45 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 2.35 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0153 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 74.4 units per person (2025)
- SDRs holdings, SDR, annual growth rate -2.53 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0111 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 54.32 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -25 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, paid in Namibia?
- Personal remittances, paid in Namibia was 80.92 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Namibia?
- The highest recorded value was 131.23 million current US$ in 2014.
- What is the lowest personal remittances, paid recorded in Namibia?
- The lowest recorded value was 7.84 million current US$ in 2001.
- How does Namibia rank for personal remittances, paid?
- Namibia ranks 147th out of 196 countries with data for 2024.
- Is personal remittances, paid rising or falling in Namibia?
- Over the last ten years it is down 38.3%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.