Trade in services as share of GDP in Namibia

Namibia: Trade in services as share of GDP was 27.6% in 2024. ▼ Falling

Latest (2024)
27.6%
Change on year
up 1.9%
World rank
75th
of 198 countries
All-time high
27.6%
in 2024
All-time low
10.0%
in 2012
Years of data
35
1990–2024

Trade in services as share of GDP in Namibia, 1990–2024

01020301990200720241990: 17.4 % of GDP1991: 20.3 % of GDP1992: 19.8 % of GDP1993: 21.9 % of GDP1994: 19.8 % of GDP1995: 21.8 % of GDP1996: 23 % of GDP1997: 22 % of GDP1998: 20.2 % of GDP1999: 18.3 % of GDP2000: 12.6 % of GDP2001: 15.5 % of GDP2002: 14.9 % of GDP2003: 14 % of GDP2004: 13.5 % of GDP2005: 10.7 % of GDP2006: 11.9 % of GDP2007: 12.6 % of GDP2008: 13.3 % of GDP2009: 13 % of GDP2010: 12 % of GDP2011: 11.8 % of GDP2012: 10 % of GDP2013: 10.9 % of GDP2014: 15.1 % of GDP2015: 13.8 % of GDP2016: 11.4 % of GDP2017: 10.5 % of GDP2018: 10 % of GDP2019: 10.6 % of GDP2020: 13.5 % of GDP2021: 13.6 % of GDP2022: 16.5 % of GDP2023: 27 % of GDP2024: 27.6 % of GDP

Source: International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data. Measured in % of GDP.

Analysis

The most recent figure for trade in services as share of gdp in Namibia is 27.6%, measured in 2024. That is the highest value across all 35 years on record.

Compared with earlier readings it is up 1.9% on the previous year and up 82.1% over ten years.

Over the whole period, trade in services as share of gdp in Namibia peaked at 27.6% in 2024 and was at its lowest, 10.0%, in 2012.

That places Namibia 75th out of 198 countries with data for 2024, putting it in the middle of the range.

The long-run direction has been consistently falling across the 35 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 20.5% 17.4% 23.0% 10
2000s 13.2% 10.7% 15.5% 10
2010s 11.6% 10.0% 15.1% 10
2020s 19.6% 13.5% 27.6% 5

Countries ranked near Namibia

  1. 72 Panama 28.9% compare
  2. 73 El Salvador 27.7% compare
  3. 74 Morocco 27.6% compare
  4. 76 Mongolia 27.4% compare
  5. 77 Jordan 27.2% compare
  6. 78 Kuwait 26.9% compare

See the full ranking of 198 places →

More economy & growth data for Namibia

All data for Namibia →

Frequently asked questions

What is trade in services as share of gdp in Namibia?
Trade in services as share of gdp in Namibia was 27.6% in 2024, according to International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data.
What is the highest trade in services as share of gdp recorded in Namibia?
The highest recorded value was 27.6% in 2024.
What is the lowest trade in services as share of gdp recorded in Namibia?
The lowest recorded value was 10.0% in 2012.
How does Namibia rank for trade in services as share of gdp?
Namibia ranks 75th out of 198 countries with data for 2024.
Is trade in services as share of gdp rising or falling in Namibia?
Over the last ten years it is up 82.1%. The long-run trend across the full record is falling.
Where does this Namibia data come from?
The figures come from International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data, published as part of Trade in services as share of GDP. Statizoid updates them automatically from the source API.

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About this data

Indicator
Trade in services as share of GDP
Unit
% of GDP
Source
International Monetary Fund (IMF), OECD, and World Bank (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
198 places, 7,683 data points, 1960–2025
Last refreshed

Total services trade (exports and imports) divided by gross domestic product (GDP).