Namibia - Current account balance (% of GDP)

Current account balance (% of GDP) in Namibia was 3.02 as of 2020. Its highest value over the past 30 years was 13.53 in 2006, while its lowest value was -16.50 in 2016.

Definition: Current account balance is the sum of net exports of goods and services, net primary income, and net secondary income.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1990 0.99
1991 3.51
1992 1.45
1993 3.39
1994 2.33
1995 4.42
1996 2.90
1997 2.17
1998 4.18
1999 -0.71
2000 4.88
2001 0.30
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 -16.50
2017 -4.40
2018 -3.44
2019 -1.76
2020 3.02

Periodicity: Annual

General Comments: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments