Remittances received — all countries

Remittances received — Namibia

Remittances received in Namibia in 2024 — 96,495,978 US$. Ranked 136 in the world out of 160. Since 1990, the indicator has risen by 617.4%.

2024 96.5M US$ +15.06% vs 2023
World rank 136of 160
Period maximum 96.5M US$2024
Period minimum 7.56M US$2002

Trend over time

1990–2024 · US$

Remittances received — Namibia, 1990–2024025M50M75M100M19901994199820022006201020142018202220241990: 13,450,207 US$1991: 13,797,774 US$1992: 15,708,197 US$1993: 14,536,034 US$1994: 14,898,058 US$1995: 15,604,818 US$1996: 13,513,673 US$1997: 13,303,062 US$1998: 11,215,053 US$1999: 9,901,886 US$2000: 9,161,114 US$2001: 8,454,652 US$2002: 7,555,142 US$2003: 11,791,152 US$2004: 14,594,462 US$2005: 17,498,635 US$2006: 16,442,777 US$2007: 15,682,091 US$2008: 13,563,416 US$2009: 76,511,275 US$2010: 69,207,299 US$2011: 78,755,191 US$2012: 80,114,673 US$2013: 64,103,035 US$2014: 80,721,935 US$2015: 46,673,693 US$2016: 66,479,265 US$2017: 48,292,447 US$2018: 53,670,691 US$2019: 65,593,517 US$2020: 60,450,580 US$2021: 62,975,014 US$2022: 71,108,469 US$2023: 83,865,945 US$2024: 96,495,978 US$
Change over the period: +83.05M (+617.43%) Average annual rate: 5.97 %

Comparison, 2024

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

Namibia 96.5M US$
World 857B US$
Sub-Saharan Africa 57.23B US$
Southern Africa computed 1.59B US$
Upper-middle-income countries computed 221B US$
Remittances received — Namibia, by year Namibia All countries CSV XLSX
Year US$ Change Change, %
2024 96.5M +12.63M +15.06%
2023 83.87M +12.76M +17.94%
2022 71.11M +8.13M +12.92%
2021 62.98M +2.52M +4.18%
2020 60.45M −5.14M −7.84%
2019 65.59M +11.92M +22.21%
2018 53.67M +5.38M +11.14%
2017 48.29M −18.19M −27.36%
2016 66.48M +19.81M +42.43%
2015 46.67M −34.05M −42.18%
2014 80.72M +16.62M +25.93%
2013 64.1M −16.01M −19.99%
2012 80.11M +1.36M +1.73%
2011 78.76M +9.55M +13.8%
2010 69.21M −7.3M −9.55%
2009 76.51M +62.95M +464.1%
2008 13.56M −2.12M −13.51%
2007 15.68M −760,686 −4.63%
2006 16.44M −1.06M −6.03%
2005 17.5M +2.9M +19.9%
2004 14.59M +2.8M +23.77%
2003 11.79M +4.24M +56.07%
2002 7.56M −899,509 −10.64%
2001 8.45M −706,462 −7.71%
2000 9.16M −740,772 −7.48%
1999 9.9M −1.31M −11.71%
1998 11.22M −2.09M −15.7%
1997 13.3M −210,611 −1.56%
1996 13.51M −2.09M −13.4%
1995 15.6M +706,760 +4.74%
1994 14.9M +362,024 +2.49%
1993 14.54M −1.17M −7.46%
1992 15.71M +1.91M +13.85%
1991 13.8M +347,568 +2.58%
1990 13.45M

Southern Africa, 2024

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

About the indicator

Personal remittances received by a country: the earnings of labor migrants sent home, plus transfers between households. For a couple of dozen countries this flow is larger than any single export item, and for several it exceeds a fifth of GDP — remittances then become the main external link of the economy, steadier than both direct investment and foreign aid: in a crisis they usually do not fall but rise, because migrants send their families more.

Important: Only transfers through banks and money transfer systems are counted. Cash brought in person does not reach the statistics, so the real volumes are higher — by estimates, noticeably so.

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