Current account balance — all countries

Current account balance — Namibia

Current account balance in Namibia in 2031 — -12.1%. Ranked 177 in the world out of 188. Since 1990, the indicator has fallen by 13.2 pp.

2031 -12.1% −0.1 pp vs 2030
World rank 177of 188
Period maximum 14%2006
Period minimum -16.5%2016

Trend over time

1990–2031 · % of GDP

Current account balance — Namibia, 1990–2031-20-10010201990199520002005201020152020202520301990: 1.1%1991: 3.7%1992: 1.5%1993: 3.5%1994: 2.4%1995: 4.5%1996: 2.9%1997: 2.2%1998: 4.2%1999: -0.7%2000: 4.9%2001: 0.3%2002: 2.5%2003: 5.3%2004: 6.7%2005: 4.5%2006: 14%2007: 8.6%2008: -0.1%2009: -3.6%2010: -4%2011: -6.9%2012: -8.6%2013: -8.2%2014: -9.4%2015: -13.6%2016: -16.5%2017: -4.4%2018: -3.6%2019: -1.8%2020: 3.9%2021: -10.8%2022: -12.6%2023: -15.2%2024: -14.2%2025: -13.2%2026: -15.7%2027: -13.6%2028: -13.3%2029: -12.7%2030: -12%2031: -12.1%
Change over the period: −13.2 pp Annual average: -0.32 pp

Comparison, 2031

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

Namibia -12.1%
World computed 0.28%
Sub-Saharan Africa computed -1.15%
Southern Africa computed -2.15%
Current account balance — Namibia, by year Namibia All countries CSV XLSX
Year % Change, pp
2031 -12.1 −0.1 pp
2030 -12 +0.7 pp
2029 -12.7 +0.6 pp
2028 -13.3 +0.3 pp
2027 -13.6 +2.1 pp
2026 -15.7 −2.5 pp
2025 -13.2 +1 pp
2024 -14.2 +1 pp
2023 -15.2 −2.6 pp
2022 -12.6 −1.8 pp
2021 -10.8 −14.7 pp
2020 3.9 +5.7 pp
2019 -1.8 +1.8 pp
2018 -3.6 +0.8 pp
2017 -4.4 +12.1 pp
2016 -16.5 −2.9 pp
2015 -13.6 −4.2 pp
2014 -9.4 −1.2 pp
2013 -8.2 +0.4 pp
2012 -8.6 −1.7 pp
2011 -6.9 −2.9 pp
2010 -4 −0.4 pp
2009 -3.6 −3.5 pp
2008 -0.1 −8.7 pp
2007 8.6 −5.4 pp
2006 14 +9.5 pp
2005 4.5 −2.2 pp
2004 6.7 +1.4 pp
2003 5.3 +2.8 pp
2002 2.5 +2.2 pp
2001 0.3 −4.6 pp
2000 4.9 +5.6 pp
1999 -0.7 −4.9 pp
1998 4.2 +2 pp
1997 2.2 −0.7 pp
1996 2.9 −1.6 pp
1995 4.5 +2.1 pp
1994 2.4 −1.1 pp
1993 3.5 +2 pp
1992 1.5 −2.2 pp
1991 3.7 +2.6 pp
1990 1.1

Southern Africa, 2031

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: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.