Namibia - External balance on goods and services (% of GDP)
External balance on goods and services (% of GDP) in Namibia was -9.66 as of 2020. Its highest value over the past 40 years was 14.11 in 1980, while its lowest value was -26.50 in 2015.
Definition: External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services).
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1980 | 14.11 |
| 1981 | -11.40 |
| 1982 | -8.57 |
| 1983 | -7.61 |
| 1984 | -6.18 |
| 1985 | 11.50 |
| 1986 | 10.33 |
| 1987 | -4.91 |
| 1988 | 1.50 |
| 1989 | 3.36 |
| 1990 | -6.64 |
| 1991 | -5.87 |
| 1992 | -5.94 |
| 1993 | -2.89 |
| 1994 | -1.28 |
| 1995 | -4.18 |
| 1996 | -5.73 |
| 1997 | -7.55 |
| 1998 | -9.39 |
| 1999 | -8.24 |
| 2000 | -3.66 |
| 2001 | -6.47 |
| 2002 | -2.08 |
| 2003 | -9.09 |
| 2004 | -2.27 |
| 2005 | 0.14 |
| 2006 | 3.90 |
| 2007 | -5.27 |
| 2008 | -12.34 |
| 2009 | -20.64 |
| 2010 | -11.51 |
| 2011 | -11.11 |
| 2012 | -20.10 |
| 2013 | -22.72 |
| 2014 | -25.05 |
| 2015 | -26.50 |
| 2016 | -23.95 |
| 2017 | -13.98 |
| 2018 | -9.95 |
| 2019 | -10.59 |
| 2020 | -9.66 |
Aggregation method: Weighted average
Periodicity: Annual
Classification
Topic: Economic Policy & Debt Indicators
Sub-Topic: National accounts