Personal remittances, received in Namibia
Namibia: Personal remittances, received was 0.7% in 2024. ▲ Rising
Personal remittances, received in Namibia, 1990–2024
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
In 2024, personal remittances, received in Namibia stood at 0.7%.
That represents a change of up 5.6% on the previous year and up 9.0% over ten years.
Over the whole period, personal remittances, received in Namibia peaked at 0.9% in 2009 and was at its lowest, 0.2%, in 2008.
Namibia ranks 138th of 195 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 35 years of available data.
Personal remittances, received in Namibia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 0.5% | — |
| 1991 | 0.5% | -4.5% |
| 1992 | 0.5% | -0.5% |
| 1993 | 0.4% | -2.4% |
| 1994 | 0.4% | -9.1% |
| 1995 | 0.4% | -3.5% |
| 1996 | 0.3% | -13.6% |
| 1997 | 0.3% | -5.5% |
| 1998 | 0.3% | -9.6% |
| 1999 | 0.3% | -11.6% |
| 2000 | 0.2% | -8.7% |
| 2001 | 0.2% | +1.8% |
| 2002 | 0.2% | -5.1% |
| 2003 | 0.2% | +6.1% |
| 2004 | 0.2% | -7.7% |
| 2005 | 0.2% | +9.3% |
| 2006 | 0.2% | -14.9% |
| 2007 | 0.2% | -13.7% |
| 2008 | 0.2% | -11.2% |
| 2009 | 0.9% | +443.2% |
| 2010 | 0.6% | -29.3% |
| 2011 | 0.6% | +3.9% |
| 2012 | 0.6% | -2.3% |
| 2013 | 0.5% | -13.4% |
| 2014 | 0.6% | +22.0% |
| 2015 | 0.4% | -36.6% |
| 2016 | 0.6% | +50.6% |
| 2017 | 0.4% | -39.6% |
| 2018 | 0.4% | +4.7% |
| 2019 | 0.5% | +33.3% |
| 2020 | 0.6% | +9.2% |
| 2021 | 0.5% | -11.1% |
| 2022 | 0.6% | +11.4% |
| 2023 | 0.7% | +18.4% |
| 2024 | 0.7% | +5.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.4% | 0.3% | 0.5% | 10 |
| 2000s | 0.3% | 0.2% | 0.9% | 10 |
| 2010s | 0.5% | 0.4% | 0.6% | 10 |
| 2020s | 0.6% | 0.5% | 0.7% | 5 |
Countries ranked near Namibia
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)
- GDP (current US$), annual growth rate 10.55 % change on previous year (2025)
- GDP (current US$), per capita 4,876 current US$ per person (2025)
- GDP (current LCU), annual growth rate 7.9 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 17.89 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 87,224 current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 1.73 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.8243 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 4,019 constant 2015 US$ per person (2025)
Frequently asked questions
- What is personal remittances, received in Namibia?
- Personal remittances, received in Namibia was 0.7% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Namibia?
- The highest recorded value was 0.9% in 2009.
- What is the lowest personal remittances, received recorded in Namibia?
- The lowest recorded value was 0.2% in 2008.
- How does Namibia rank for personal remittances, received?
- Namibia ranks 138th out of 195 countries with data for 2024.
- Is personal remittances, received rising or falling in Namibia?
- Over the last ten years it is up 9.0%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). 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.