Personal remittances, received in Namibia
Namibia: Personal remittances, received was 96.50 million current US$ in 2024. ◆ Volatile
Personal remittances, received in Namibia, 1990–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, personal remittances, received in Namibia stood at 96.50 million current US$. That is the highest value across all 35 years on record.
The figure is up 15.1% on the previous year and up 19.5% over ten years.
Over the whole period, personal remittances, received in Namibia peaked at 96.50 million current US$ in 2024 and was at its lowest, 7.56 million current US$, in 2002.
That places Namibia 158th out of 197 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received in Namibia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 13.45 million current US$ | — |
| 1991 | 13.80 million current US$ | +2.6% |
| 1992 | 15.71 million current US$ | +13.8% |
| 1993 | 14.54 million current US$ | -7.5% |
| 1994 | 14.90 million current US$ | +2.5% |
| 1995 | 15.60 million current US$ | +4.7% |
| 1996 | 13.51 million current US$ | -13.4% |
| 1997 | 13.30 million current US$ | -1.6% |
| 1998 | 11.22 million current US$ | -15.7% |
| 1999 | 9.90 million current US$ | -11.7% |
| 2000 | 9.16 million current US$ | -7.5% |
| 2001 | 8.45 million current US$ | -7.7% |
| 2002 | 7.56 million current US$ | -10.6% |
| 2003 | 11.79 million current US$ | +56.1% |
| 2004 | 14.59 million current US$ | +23.8% |
| 2005 | 17.50 million current US$ | +19.9% |
| 2006 | 16.44 million current US$ | -6.0% |
| 2007 | 15.68 million current US$ | -4.6% |
| 2008 | 13.56 million current US$ | -13.5% |
| 2009 | 76.51 million current US$ | +464.1% |
| 2010 | 69.21 million current US$ | -9.5% |
| 2011 | 78.76 million current US$ | +13.8% |
| 2012 | 80.11 million current US$ | +1.7% |
| 2013 | 64.10 million current US$ | -20.0% |
| 2014 | 80.72 million current US$ | +25.9% |
| 2015 | 46.67 million current US$ | -42.2% |
| 2016 | 66.48 million current US$ | +42.4% |
| 2017 | 48.29 million current US$ | -27.4% |
| 2018 | 53.67 million current US$ | +11.1% |
| 2019 | 65.59 million current US$ | +22.2% |
| 2020 | 60.45 million current US$ | -7.8% |
| 2021 | 62.98 million current US$ | +4.2% |
| 2022 | 71.11 million current US$ | +12.9% |
| 2023 | 83.87 million current US$ | +17.9% |
| 2024 | 96.50 million current US$ | +15.1% |
Namibia compared with similar countries
- Namibia's 96.50 million current US$ is below the median for lower middle income countries, which is 1.12 billion current US$, 9% of the median. (47 countries reporting)
- Namibia's 96.50 million current US$ is below the median for Sub-Saharan Africa, which is 406.26 million current US$, 24% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2009 | +464.1% | 13.56 million current US$ | 76.51 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.59 million current US$ | 9.90 million current US$ | 15.71 million current US$ | 10 |
| 2000s | 19.13 million current US$ | 7.56 million current US$ | 76.51 million current US$ | 10 |
| 2010s | 65.36 million current US$ | 46.67 million current US$ | 80.72 million current US$ | 10 |
| 2020s | 74.98 million current US$ | 60.45 million current US$ | 96.50 million current US$ | 5 |
Countries ranked near Namibia
- 155 Belize 123.83 million current US$ compare
- 156 Bhutan 109.60 million current US$ compare
- 157 Chile 100.29 million current US$ compare
- 159 Solomon Islands 95.18 million current US$ compare
- 160 Mauritania 94.54 million current US$ compare
- 161 Saint Vincent and the Grenadines 88.32 million current US$ 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$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, received in Namibia?
- Personal remittances, received in Namibia was 96.50 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Namibia?
- The highest recorded value was 96.50 million current US$ in 2024.
- What is the lowest personal remittances, received recorded in Namibia?
- The lowest recorded value was 7.56 million current US$ in 2002.
- How does Namibia rank for personal remittances, received?
- Namibia ranks 158th out of 197 countries with data for 2024.
- Is personal remittances, received rising or falling in Namibia?
- Over the last ten years it is up 19.5%. 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, received (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.