Personal remittances, received in Namibia

Namibia: Personal remittances, received was 0.7% in 2024. ▲ Rising

Latest (2024)
0.7%
Change on year
up 5.6%
World rank
138th
of 195 countries
All-time high
0.9%
in 2009
All-time low
0.2%
in 2008
Years of data
35
1990–2024

Personal remittances, received in Namibia, 1990–2024

0.20.40.60.81990200720241990: 0.482 % of GDP1991: 0.46 % of GDP1992: 0.458 % of GDP1993: 0.447 % of GDP1994: 0.406 % of GDP1995: 0.392 % of GDP1996: 0.339 % of GDP1997: 0.32 % of GDP1998: 0.29 % of GDP1999: 0.256 % of GDP2000: 0.234 % of GDP2001: 0.238 % of GDP2002: 0.226 % of GDP2003: 0.239 % of GDP2004: 0.221 % of GDP2005: 0.241 % of GDP2006: 0.205 % of GDP2007: 0.177 % of GDP2008: 0.158 % of GDP2009: 0.856 % of GDP2010: 0.605 % of GDP2011: 0.629 % of GDP2012: 0.614 % of GDP2013: 0.532 % of GDP2014: 0.649 % of GDP2015: 0.412 % of GDP2016: 0.62 % of GDP2017: 0.375 % of GDP2018: 0.392 % of GDP2019: 0.523 % of GDP2020: 0.571 % of GDP2021: 0.508 % of GDP2022: 0.566 % of GDP2023: 0.67 % of GDP2024: 0.707 % of GDP

Source: Staff estimates, World Bank (WB). Measured in % of GDP.

Analysis

In 2024, personal remittances, received in Namibia stood at 0.7%.

That represents a change of up 5.6% on the previous year and up 9.0% over ten years.

Over the whole period, personal remittances, received in Namibia peaked at 0.9% in 2009 and was at its lowest, 0.2%, in 2008.

Namibia ranks 138th of 195 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 35 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.4% 0.3% 0.5% 10
2000s 0.3% 0.2% 0.9% 10
2010s 0.5% 0.4% 0.6% 10
2020s 0.6% 0.5% 0.7% 5

Countries ranked near Namibia

  1. 135 Sweden 0.8% compare
  2. 136 Trinidad and Tobago 0.8% compare
  3. 137 Iceland 0.7% compare
  4. 139 Panama 0.7% compare
  5. 140 Eswatini 0.7% compare
  6. 141 Algeria 0.7% compare

See the full ranking of 242 places →

More economy & growth data for Namibia

All data for Namibia →

Frequently asked questions

What is personal remittances, received in Namibia?
Personal remittances, received in Namibia was 0.7% in 2024, according to Staff estimates, World Bank (WB).
What is the highest personal remittances, received recorded in Namibia?
The highest recorded value was 0.9% in 2009.
What is the lowest personal remittances, received recorded in Namibia?
The lowest recorded value was 0.2% in 2008.
How does Namibia rank for personal remittances, received?
Namibia ranks 138th out of 195 countries with data for 2024.
Is personal remittances, received rising or falling in Namibia?
Over the last ten years it is up 9.0%. The long-run trend across the full record is rising.
Where does this Namibia data come from?
The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.

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About this data

Indicator
Personal remittances, received (% of GDP)
Unit
% of GDP
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
242 places, 9,136 data points, 1970–2025
Last refreshed

Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.