Namibia vs Rwanda: Current account balance

Namibia
-13.4%
in 2024
Rwanda
-12.0%
in 2024
Namibia rank
176th
Rwanda rank
174th

Current account balance over time

  • Namibia
  • Rwanda
-20-10010199020072024

How they compare

Rwanda currently reports -12.0% against -13.4% in Namibia, a difference of 1.5%.

The two have swapped places 5 times across 15 shared years of data; in 2010 it was Namibia ahead.

Globally, Namibia ranks 176th and Rwanda ranks 174th of 199 countries.

Individual pages

About this data

Indicator
Current account balance (% of GDP)
Unit
% of GDP
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
199 places, 7,713 data points, 1960–2025
Last refreshed

Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.