Current account balance (World Bank) — all countries

Current account balance (World Bank) — Namibia

Current account balance (World Bank) in Namibia in 2024 — -13.41%. Ranked 151 in the world out of 165. Since 1990, the indicator has fallen by 14.4 pp.

2024 -13.41% +1.62 pp vs 2023
World rank 151of 165
Period maximum 13.53%2006
Period minimum -16.5%2016

Trend over time

1990–2024 · % of GDP

Current account balance (World Bank) — Namibia, 1990–2024-20-100102019901994199820022006201020142018202220241990: 0.99%1991: 3.51%1992: 1.45%1993: 3.39%1994: 2.33%1995: 4.42%1996: 2.9%1997: 2.17%1998: 4.18%1999: -0.71%2000: 4.88%2001: 0.3%2002: 2.56%2003: 5.39%2004: 6.75%2005: 4.55%2006: 13.53%2007: 8.46%2008: -0.11%2009: -3.54%2010: -3.92%2011: -6.85%2012: -8.58%2013: -8.24%2014: -9.43%2015: -13.76%2016: -16.5%2017: -4.42%2018: -3.55%2019: -1.76%2020: 3.98%2021: -10.75%2022: -12.57%2023: -15.03%2024: -13.41%
Change over the period: −14.4 pp Annual average: -0.42 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Namibia

Namibia -13.41%
World computed 0.39%
Sub-Saharan Africa computed -0.73%
Southern Africa computed -1.15%
Current account balance (World Bank) — Namibia, by year Namibia All countries CSV XLSX
Year % Change, pp
2024 -13.41 +1.62 pp
2023 -15.03 −2.46 pp
2022 -12.57 −1.82 pp
2021 -10.75 −14.73 pp
2020 3.98 +5.74 pp
2019 -1.76 +1.79 pp
2018 -3.55 +0.87 pp
2017 -4.42 +12.08 pp
2016 -16.5 −2.74 pp
2015 -13.76 −4.33 pp
2014 -9.43 −1.19 pp
2013 -8.24 +0.35 pp
2012 -8.58 −1.74 pp
2011 -6.85 −2.93 pp
2010 -3.92 −0.38 pp
2009 -3.54 −3.44 pp
2008 -0.11 −8.57 pp
2007 8.46 −5.07 pp
2006 13.53 +8.99 pp
2005 4.55 −2.21 pp
2004 6.75 +1.36 pp
2003 5.39 +2.83 pp
2002 2.56 +2.27 pp
2001 0.3 −4.59 pp
2000 4.88 +5.6 pp
1999 -0.71 −4.89 pp
1998 4.18 +2 pp
1997 2.17 −0.73 pp
1996 2.9 −1.52 pp
1995 4.42 +2.09 pp
1994 2.33 −1.06 pp
1993 3.39 +1.94 pp
1992 1.45 −2.06 pp
1991 3.51 +2.52 pp
1990 0.99

Southern Africa, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

The current account balance of the balance of payments as a percent of GDP from World Bank data. It duplicates the IMF indicator in meaning but rests on a different source and carries no forecast part — useful for cross-checking: noticeable divergences between the two series usually point to a revision of the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.