Primary income payments in Namibia
Namibia: Primary income payments was 933.47 million BoP, current US$ in 2024. ◆ Volatile
Primary income payments in Namibia, 1990–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, primary income payments in Namibia stood at 933.47 million BoP, current US$.
Compared with earlier readings it is down 6.3% on the previous year and up 110.0% over ten years.
Over the whole period, primary income payments in Namibia peaked at 996.55 million BoP, current US$ in 2023 and was at its lowest, 53.55 million BoP, current US$, in 2003.
That places Namibia 125th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income payments in Namibia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1990 | 145.79 million BoP, current US$ | — |
| 1991 | 146.42 million BoP, current US$ | +0.4% |
| 1992 | 185.45 million BoP, current US$ | +26.7% |
| 1993 | 154.69 million BoP, current US$ | -16.6% |
| 1994 | 159.82 million BoP, current US$ | +3.3% |
| 1995 | 235.15 million BoP, current US$ | +47.1% |
| 1996 | 248.99 million BoP, current US$ | +5.9% |
| 1997 | 180.58 million BoP, current US$ | -27.5% |
| 1998 | 165.93 million BoP, current US$ | -8.1% |
| 1999 | 108.34 million BoP, current US$ | -34.7% |
| 2000 | 226.23 million BoP, current US$ | +108.8% |
| 2001 | 268.71 million BoP, current US$ | +18.8% |
| 2002 | 122.08 million BoP, current US$ | -54.6% |
| 2003 | 53.55 million BoP, current US$ | -56.1% |
| 2004 | 212.13 million BoP, current US$ | +296.1% |
| 2005 | 350.31 million BoP, current US$ | +65.1% |
| 2006 | 319.18 million BoP, current US$ | -8.9% |
| 2007 | 435.08 million BoP, current US$ | +36.3% |
| 2008 | 474.65 million BoP, current US$ | +9.1% |
| 2009 | 392.80 million BoP, current US$ | -17.2% |
| 2010 | 595.56 million BoP, current US$ | +51.6% |
| 2011 | 459.95 million BoP, current US$ | -22.8% |
| 2012 | 906.24 million BoP, current US$ | +97.0% |
| 2013 | 367.52 million BoP, current US$ | -59.4% |
| 2014 | 444.49 million BoP, current US$ | +20.9% |
| 2015 | 332.16 million BoP, current US$ | -25.3% |
| 2016 | 531.04 million BoP, current US$ | +59.9% |
| 2017 | 608.50 million BoP, current US$ | +14.6% |
| 2018 | 855.74 million BoP, current US$ | +40.6% |
| 2019 | 615.86 million BoP, current US$ | -28.0% |
| 2020 | 283.06 million BoP, current US$ | -54.0% |
| 2021 | 861.36 million BoP, current US$ | +204.3% |
| 2022 | 875.86 million BoP, current US$ | +1.7% |
| 2023 | 996.55 million BoP, current US$ | +13.8% |
| 2024 | 933.47 million BoP, current US$ | -6.3% |
Namibia compared with similar countries
- Namibia's 933.47 million BoP, current US$ is below the median for lower middle income countries, which is 1.37 billion BoP, current US$, 68% of the median. (47 countries reporting)
- Namibia's 933.47 million BoP, current US$ is above the median for Sub-Saharan Africa, which is 558.91 million BoP, current US$, 1.7× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Primary income payments in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +296.1% | 53.55 million BoP, current US$ | 212.13 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 173.12 million BoP, current US$ | 108.34 million BoP, current US$ | 248.99 million BoP, current US$ | 10 |
| 2000s | 285.47 million BoP, current US$ | 53.55 million BoP, current US$ | 474.65 million BoP, current US$ | 10 |
| 2010s | 571.70 million BoP, current US$ | 332.16 million BoP, current US$ | 906.24 million BoP, current US$ | 10 |
| 2020s | 790.06 million BoP, current US$ | 283.06 million BoP, current US$ | 996.55 million BoP, current US$ | 5 |
Countries ranked near Namibia
- 122 Iceland 1.05 billion BoP, current US$ compare
- 123 Mali 955.86 million BoP, current US$ compare
- 124 Lebanon 937.14 million BoP, current US$ compare
- 126 Bahamas 921.11 million BoP, current US$ compare
- 127 Jamaica 920.14 million BoP, current US$ compare
- 128 Maldives 853.73 million BoP, 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$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is primary income payments in Namibia?
- Primary income payments in Namibia was 933.47 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Namibia?
- The highest recorded value was 996.55 million BoP, current US$ in 2023.
- What is the lowest primary income payments recorded in Namibia?
- The lowest recorded value was 53.55 million BoP, current US$ in 2003.
- How does Namibia rank for primary income payments?
- Namibia ranks 125th out of 200 countries with data for 2024.
- Is primary income payments rising or falling in Namibia?
- Over the last ten years it is up 110.0%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.