Secondary income receipts in Namibia
Namibia: Secondary income receipts was 1.87 billion BoP, current US$ in 2024. ◆ Volatile
Secondary income receipts in Namibia, 1990–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for secondary income receipts in Namibia is 1.87 billion BoP, current US$, measured in 2024.
The figure is up 21.3% on the previous year and down 0.4% over ten years.
Over the whole period, secondary income receipts in Namibia peaked at 1.88 billion BoP, current US$ in 2014 and was at its lowest, 270.37 million BoP, current US$, in 2002.
That places Namibia 101st out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income receipts in Namibia, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1990 | 375.02 million BoP, current US$ | — |
| 1991 | 398.07 million BoP, current US$ | +6.1% |
| 1992 | 476.65 million BoP, current US$ | +19.7% |
| 1993 | 373.19 million BoP, current US$ | -21.7% |
| 1994 | 349.19 million BoP, current US$ | -6.4% |
| 1995 | 426.93 million BoP, current US$ | +22.3% |
| 1996 | 437.32 million BoP, current US$ | +2.4% |
| 1997 | 462.16 million BoP, current US$ | +5.7% |
| 1998 | 418.23 million BoP, current US$ | -9.5% |
| 1999 | 380.42 million BoP, current US$ | -9.0% |
| 2000 | 419.21 million BoP, current US$ | +10.2% |
| 2001 | 346.68 million BoP, current US$ | -17.3% |
| 2002 | 270.37 million BoP, current US$ | -22.0% |
| 2003 | 426.22 million BoP, current US$ | +57.6% |
| 2004 | 642.12 million BoP, current US$ | +50.7% |
| 2005 | 648.63 million BoP, current US$ | +1.0% |
| 2006 | 926.32 million BoP, current US$ | +42.8% |
| 2007 | 996.98 million BoP, current US$ | +7.6% |
| 2008 | 1.01 billion BoP, current US$ | +1.3% |
| 2009 | 1.26 billion BoP, current US$ | +24.9% |
| 2010 | 1.28 billion BoP, current US$ | +1.3% |
| 2011 | 1.14 billion BoP, current US$ | -10.5% |
| 2012 | 1.80 billion BoP, current US$ | +57.4% |
| 2013 | 1.69 billion BoP, current US$ | -6.3% |
| 2014 | 1.88 billion BoP, current US$ | +11.1% |
| 2015 | 1.56 billion BoP, current US$ | -16.9% |
| 2016 | 1.19 billion BoP, current US$ | -23.4% |
| 2017 | 1.58 billion BoP, current US$ | +32.0% |
| 2018 | 1.57 billion BoP, current US$ | -0.7% |
| 2019 | 1.50 billion BoP, current US$ | -4.2% |
| 2020 | 1.57 billion BoP, current US$ | +4.4% |
| 2021 | 1.43 billion BoP, current US$ | -8.8% |
| 2022 | 1.19 billion BoP, current US$ | -16.9% |
| 2023 | 1.54 billion BoP, current US$ | +29.7% |
| 2024 | 1.87 billion BoP, current US$ | +21.3% |
Namibia compared with similar countries
- Namibia's 1.87 billion BoP, current US$ is above the median for lower middle income countries, which is 1.87 billion BoP, current US$, 1.0× the median. (47 countries reporting)
- Namibia's 1.87 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 832.48 million BoP, current US$, 2.2× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 409.72 million BoP, current US$ | 349.19 million BoP, current US$ | 476.65 million BoP, current US$ | 10 |
| 2000s | 694.84 million BoP, current US$ | 270.37 million BoP, current US$ | 1.26 billion BoP, current US$ | 10 |
| 2010s | 1.52 billion BoP, current US$ | 1.14 billion BoP, current US$ | 1.88 billion BoP, current US$ | 10 |
| 2020s | 1.52 billion BoP, current US$ | 1.19 billion BoP, current US$ | 1.87 billion BoP, current US$ | 5 |
Countries ranked near Namibia
- 98 Lithuania 2.20 billion BoP, current US$ compare
- 99 Palestine 2.04 billion BoP, current US$ compare
- 100 Uganda 2.02 billion BoP, current US$ compare
- 102 Albania 1.80 billion BoP, current US$ compare
- 103 Slovakia 1.69 billion BoP, current US$ compare
- 104 Paraguay 1.56 billion 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$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is secondary income receipts in Namibia?
- Secondary income receipts in Namibia was 1.87 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income receipts recorded in Namibia?
- The highest recorded value was 1.88 billion BoP, current US$ in 2014.
- What is the lowest secondary income receipts recorded in Namibia?
- The lowest recorded value was 270.37 million BoP, current US$ in 2002.
- How does Namibia rank for secondary income receipts?
- Namibia ranks 101st out of 199 countries with data for 2024.
- Is secondary income receipts rising or falling in Namibia?
- Over the last ten years it is down 0.4%. 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 Secondary income receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.