Commercial service imports in Namibia

Namibia: Commercial service imports was 2.44 billion current US$ in 2024. ◆ Volatile

Latest (2024)
2.44 billion current US$
Change on year
up 7.2%
World rank
113th
of 198 countries
All-time high
2.44 billion current US$
in 2024
All-time low
222.67 million current US$
in 2002
Years of data
35
1990–2024

Commercial service imports in Namibia, 1990–2024

0500.0M1.0B1.5B2.0B2.5B1990200720241990: 341.4M current US$1991: 447.4M current US$1992: 493.9M current US$1993: 471.4M current US$1994: 455.4M current US$1995: 537.8M current US$1996: 568.5M current US$1997: 521.7M current US$1998: 448.9M current US$1999: 418.2M current US$2000: 308.0M current US$2001: 261.5M current US$2002: 222.7M current US$2003: 268.8M current US$2004: 411.0M current US$2005: 358.1M current US$2006: 420.5M current US$2007: 503.3M current US$2008: 578.7M current US$2009: 492.3M current US$2010: 643.0M current US$2011: 585.8M current US$2012: 511.9M current US$2013: 662.8M current US$2014: 805.2M current US$2015: 625.7M current US$2016: 619.1M current US$2017: 570.2M current US$2018: 557.3M current US$2019: 579.9M current US$2020: 694.6M current US$2021: 953.4M current US$2022: 1.1B current US$2023: 2.3B current US$2024: 2.4B current US$

Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.

Analysis

The most recent figure for commercial service imports in Namibia is 2.44 billion current US$, measured in 2024. That is the highest value across all 35 years on record.

That represents a change of up 7.2% on the previous year and up 202.6% over ten years.

Over the whole period, commercial service imports in Namibia peaked at 2.44 billion current US$ in 2024 and was at its lowest, 222.67 million current US$, in 2002.

That places Namibia 113th out of 198 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 470.46 million current US$ 341.40 million current US$ 568.53 million current US$ 10
2000s 382.48 million current US$ 222.67 million current US$ 578.71 million current US$ 10
2010s 616.08 million current US$ 511.94 million current US$ 805.19 million current US$ 10
2020s 1.48 billion current US$ 694.63 million current US$ 2.44 billion current US$ 5

Countries ranked near Namibia

  1. 110 Trinidad and Tobago 2.75 billion current US$ compare
  2. 111 Paraguay 2.73 billion current US$ compare
  3. 112 Tanzania 2.70 billion current US$ compare
  4. 114 Papua New Guinea 2.40 billion current US$ compare
  5. 115 Cameroon 2.37 billion current US$ compare
  6. 116 North Macedonia 2.31 billion current US$ compare

See the full ranking of 246 places →

More private sector data for Namibia

All data for Namibia →

Frequently asked questions

What is commercial service imports in Namibia?
Commercial service imports in Namibia was 2.44 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest commercial service imports recorded in Namibia?
The highest recorded value was 2.44 billion current US$ in 2024.
What is the lowest commercial service imports recorded in Namibia?
The lowest recorded value was 222.67 million current US$ in 2002.
How does Namibia rank for commercial service imports?
Namibia ranks 113th out of 198 countries with data for 2024.
Is commercial service imports rising or falling in Namibia?
Over the last ten years it is up 202.6%. The long-run trend across the full record is volatile.
Where does this Namibia data come from?
The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service imports (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Commercial service imports (current US$)
Unit
current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
246 places, 9,738 data points, 1960–2025
Last refreshed

Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.