Personal remittances, received (current US$), annual growth rate in Namibia
Namibia: Personal remittances, received (current US$), annual growth rate was 15.06 % change on previous year in 2024. ◆ Volatile
Personal remittances, received (current US$), annual growth rate in Namibia, 1991–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Namibia recorded 15.06 % change on previous year for personal remittances, received (current us$), annual growth rate in 2024.
That represents a change of down 16.1% on the previous year and down 41.9% over ten years.
Over the whole period, personal remittances, received (current us$), annual growth rate in Namibia peaked at 464.1 % change on previous year in 2009 and was at its lowest, -42.18 % change on previous year, in 2015.
That places Namibia 43rd out of 192 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received (current US$), annual growth rate in Namibia, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1991 | 2.58 % change on previous year | — |
| 1992 | 13.85 % change on previous year | +435.8% |
| 1993 | -7.46 % change on previous year | -153.9% |
| 1994 | 2.49 % change on previous year | -133.4% |
| 1995 | 4.74 % change on previous year | +90.4% |
| 1996 | -13.4 % change on previous year | -382.5% |
| 1997 | -1.56 % change on previous year | -88.4% |
| 1998 | -15.7 % change on previous year | +907.1% |
| 1999 | -11.71 % change on previous year | -25.4% |
| 2000 | -7.48 % change on previous year | -36.1% |
| 2001 | -7.71 % change on previous year | +3.1% |
| 2002 | -10.64 % change on previous year | +38.0% |
| 2003 | 56.07 % change on previous year | -627.0% |
| 2004 | 23.77 % change on previous year | -57.6% |
| 2005 | 19.9 % change on previous year | -16.3% |
| 2006 | -6.03 % change on previous year | -130.3% |
| 2007 | -4.63 % change on previous year | -23.3% |
| 2008 | -13.51 % change on previous year | +192.0% |
| 2009 | 464.1 % change on previous year | -3535.2% |
| 2010 | -9.55 % change on previous year | -102.1% |
| 2011 | 13.8 % change on previous year | -244.5% |
| 2012 | 1.73 % change on previous year | -87.5% |
| 2013 | -19.99 % change on previous year | -1257.8% |
| 2014 | 25.93 % change on previous year | -229.7% |
| 2015 | -42.18 % change on previous year | -262.7% |
| 2016 | 42.43 % change on previous year | -200.6% |
| 2017 | -27.36 % change on previous year | -164.5% |
| 2018 | 11.14 % change on previous year | -140.7% |
| 2019 | 22.21 % change on previous year | +99.5% |
| 2020 | -7.84 % change on previous year | -135.3% |
| 2021 | 4.18 % change on previous year | -153.3% |
| 2022 | 12.92 % change on previous year | +209.3% |
| 2023 | 17.94 % change on previous year | +38.9% |
| 2024 | 15.06 % change on previous year | -16.1% |
Namibia compared with similar countries
- Namibia's 15.06 % change on previous year is above the median for lower middle income countries, which is 9.47 % change on previous year, 1.6× the median. (47 countries reporting)
- Namibia's 15.06 % change on previous year is above the median for Sub-Saharan Africa, which is 6.32 % change on previous year, 2.4× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received (current US$), annual growth rate in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +3535.2% | -13.51 % change on previous year | 464.1 % change on previous year |
| 2013 | -1257.8% | 1.73 % change on previous year | -19.99 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -2.91 % change on previous year | -15.7 % change on previous year | 13.85 % change on previous year | 9 |
| 2000s | 51.38 % change on previous year | -13.51 % change on previous year | 464.1 % change on previous year | 10 |
| 2010s | 1.82 % change on previous year | -42.18 % change on previous year | 42.43 % change on previous year | 10 |
| 2020s | 8.45 % change on previous year | -7.84 % change on previous year | 17.94 % change on previous year | 5 |
Countries ranked near Namibia
- 40 Pakistan 15.94 % change on previous year compare
- 41 Mongolia 15.91 % change on previous year compare
- 42 Burundi 15.27 % change on previous year compare
- 44 Ireland 14.97 % change on previous year compare
- 45 Iceland 14.41 % change on previous year compare
- 46 Serbia 13.78 % change on previous year compare
More economy & growth data for Namibia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.64 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), 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$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, received (current us$), annual growth rate in Namibia?
- Personal remittances, received (current us$), annual growth rate in Namibia was 15.06 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest personal remittances, received (current us$), annual growth rate recorded in Namibia?
- The highest recorded value was 464.1 % change on previous year in 2009.
- What is the lowest personal remittances, received (current us$), annual growth rate recorded in Namibia?
- The lowest recorded value was -42.18 % change on previous year in 2015.
- How does Namibia rank for personal remittances, received (current us$), annual growth rate?
- Namibia ranks 43rd out of 192 countries with data for 2024.
- Is personal remittances, received (current us$), annual growth rate rising or falling in Namibia?
- Over the last ten years it is down 41.9%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, received (current US$), 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 Personal remittances, received (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Personal remittances, received IMF balance of payments data, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Personal remittances, received (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.