Net secondary income (Net current transfers from abroad) in Namibia

Namibia: Net secondary income (Net current transfers from abroad) was 11.22 billion constant LCU in 2013. ◆ Volatile

Latest (2013)
11.22 billion constant LCU
Change on year
down 3.5%
World rank
58th
of 125 countries
All-time high
11.63 billion constant LCU
in 2012
All-time low
537.96 million constant LCU
in 1980
Years of data
34
1980–2013

Net secondary income (Net current transfers from abroad) in Namibia, 1980–2013

02.5B5.0B7.5B10.0B12.5B1980199620131980: 538.0M constant LCU1981: 2.1B constant LCU1982: 2.4B constant LCU1983: 2.4B constant LCU1984: 2.3B constant LCU1985: 2.2B constant LCU1986: 2.4B constant LCU1987: 1.8B constant LCU1988: 1.5B constant LCU1989: 1.4B constant LCU1990: 1.7B constant LCU1991: 1.7B constant LCU1992: 1.9B constant LCU1993: 1.3B constant LCU1994: 1.2B constant LCU1995: 1.4B constant LCU1996: 1.6B constant LCU1997: 1.7B constant LCU1998: 1.8B constant LCU1999: 1.9B constant LCU2000: 2.1B constant LCU2001: 1.9B constant LCU2002: 1.7B constant LCU2003: 1.8B constant LCU2004: 2.3B constant LCU2005: 2.3B constant LCU2006: 3.3B constant LCU2007: 3.8B constant LCU2008: 10.5B constant LCU2009: 10.6B constant LCU2010: 8.9B constant LCU2011: 8.0B constant LCU2012: 11.6B constant LCU2013: 11.2B constant LCU

Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.

Analysis

The most recent figure for net secondary income (net current transfers from abroad) in Namibia is 11.22 billion constant LCU, measured in 2013.

That represents a change of down 3.5% on the previous year and up 506.7% over ten years.

Over the whole period, net secondary income (net current transfers from abroad) in Namibia peaked at 11.63 billion constant LCU in 2012 and was at its lowest, 537.96 million constant LCU, in 1980.

That places Namibia 58th out of 125 countries with data for 2013, 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
1980s 1.89 billion constant LCU 537.96 million constant LCU 2.38 billion constant LCU 10
1990s 1.61 billion constant LCU 1.20 billion constant LCU 1.92 billion constant LCU 10
2000s 4.02 billion constant LCU 1.66 billion constant LCU 10.56 billion constant LCU 10
2010s 9.94 billion constant LCU 8.01 billion constant LCU 11.63 billion constant LCU 4

Countries ranked near Namibia

  1. 55 Madagascar 19.07 billion constant LCU compare
  2. 56 Nicaragua 18.13 billion constant LCU compare
  3. 57 Costa Rica 14.69 billion constant LCU compare
  4. 59 Kyrgyzstan 8.78 billion constant LCU compare
  5. 60 Bangladesh 8.31 billion constant LCU compare
  6. 61 Botswana 8.12 billion constant LCU compare

See the full ranking of 125 places →

More economy & growth data for Namibia

All data for Namibia →

Frequently asked questions

What is net secondary income (net current transfers from abroad) in Namibia?
Net secondary income (net current transfers from abroad) in Namibia was 11.22 billion constant LCU in 2013, according to Country official statistics, National Statistical Offices (NSOs).
What is the highest net secondary income (net current transfers from abroad) recorded in Namibia?
The highest recorded value was 11.63 billion constant LCU in 2012.
What is the lowest net secondary income (net current transfers from abroad) recorded in Namibia?
The lowest recorded value was 537.96 million constant LCU in 1980.
How does Namibia rank for net secondary income (net current transfers from abroad)?
Namibia ranks 58th out of 125 countries with data for 2013.
Is net secondary income (net current transfers from abroad) rising or falling in Namibia?
Over the last ten years it is up 506.7%. The long-run trend across the full record is volatile.
Where does this Namibia data come from?
The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (constant LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Net secondary income (Net current transfers from abroad) (constant LCU)
Unit
constant LCU
Source
Country official statistics, National Statistical Offices (NSOs)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
125 places, 3,676 data points, 1960–2013
Last refreshed

Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.