Volume of remittances (in United States dollars) as a proportion of in Namibia
Namibia: Volume of remittances (in United States dollars) as a proportion of was 0.7% in 2024. ▲ Rising
Volume of remittances (in United States dollars) as a proportion of in Namibia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for volume of remittances (in united states dollars) as a proportion of in Namibia is 0.7%, measured in 2024.
Compared with earlier readings it is up 6.8% on the previous year and up 11.2% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Namibia peaked at 0.9% in 2009 and was at its lowest, 0.2%, in 2008.
Namibia ranks 146th of 203 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.2% | — |
| 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% | +19.5% |
| 2024 | 0.7% | +6.8% |
Namibia compared with similar countries
- Namibia's 0.7% is below the median for lower middle income countries, which is 6.1%, 12% of the median. (43 countries reporting)
- Namibia's 0.7% is below the median for Sub-Saharan Africa, which is 2.9%, 25% of the median. (39 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of 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 | +443.2% | 0.2% | 0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 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)
- 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 volume of remittances (in united states dollars) as a proportion of in Namibia?
- Volume of remittances (in united states dollars) as a proportion of in Namibia was 0.7% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Namibia?
- The highest recorded value was 0.9% in 2009.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Namibia?
- The lowest recorded value was 0.2% in 2008.
- How does Namibia rank for volume of remittances (in united states dollars) as a proportion of?
- Namibia ranks 146th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Namibia?
- Over the last ten years it is up 11.2%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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