Service exports in Namibia

Namibia: Service exports was 1.29 billion BoP, current US$ in 2024. ◆ Volatile

Latest (2024)
1.29 billion BoP, current US$
Change on year
up 20.1%
World rank
129th
of 199 countries
All-time high
1.29 billion BoP, current US$
in 2024
All-time low
131.80 million BoP, current US$
in 1990
Years of data
35
1990–2024

Service exports in Namibia, 1990–2024

250.0M500.0M750.0M1.0B1.2B1990200720241990: 131.8M BoP, current US$1991: 144.6M BoP, current US$1992: 169.8M BoP, current US$1993: 228.1M BoP, current US$1994: 259.0M BoP, current US$1995: 315.3M BoP, current US$1996: 337.4M BoP, current US$1997: 380.1M BoP, current US$1998: 327.0M BoP, current US$1999: 274.7M BoP, current US$2000: 173.8M BoP, current US$2001: 280.0M BoP, current US$2002: 265.8M BoP, current US$2003: 414.5M BoP, current US$2004: 475.4M BoP, current US$2005: 411.0M BoP, current US$2006: 526.0M BoP, current US$2007: 597.8M BoP, current US$2008: 555.2M BoP, current US$2009: 615.3M BoP, current US$2010: 678.5M BoP, current US$2011: 797.0M BoP, current US$2012: 710.1M BoP, current US$2013: 580.5M BoP, current US$2014: 999.6M BoP, current US$2015: 877.9M BoP, current US$2016: 535.4M BoP, current US$2017: 740.2M BoP, current US$2018: 761.9M BoP, current US$2019: 702.1M BoP, current US$2020: 684.4M BoP, current US$2021: 681.4M BoP, current US$2022: 969.2M BoP, current US$2023: 1.1B BoP, current US$2024: 1.3B BoP, current US$

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

Analysis

Namibia recorded 1.29 billion BoP, current US$ for service exports in 2024. That is the highest value across all 35 years on record.

The figure is up 20.1% on the previous year and up 29.0% over ten years.

Over the whole period, service exports in Namibia peaked at 1.29 billion BoP, current US$ in 2024 and was at its lowest, 131.80 million BoP, current US$, in 1990.

Namibia ranks 129th of 199 countries on this measure, 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 256.80 million BoP, current US$ 131.80 million BoP, current US$ 380.12 million BoP, current US$ 10
2000s 431.50 million BoP, current US$ 173.83 million BoP, current US$ 615.33 million BoP, current US$ 10
2010s 738.33 million BoP, current US$ 535.42 million BoP, current US$ 999.61 million BoP, current US$ 10
2020s 939.36 million BoP, current US$ 681.36 million BoP, current US$ 1.29 billion BoP, current US$ 5

Countries ranked near Namibia

  1. 126 Iran 1.38 billion BoP, current US$ compare
  2. 127 Zambia 1.38 billion BoP, current US$ compare
  3. 128 Nicaragua 1.30 billion BoP, current US$ compare
  4. 130 Venezuela 1.28 billion BoP, current US$ compare
  5. 131 Trinidad and Tobago 1.27 billion BoP, current US$ compare
  6. 132 Sint Maarten (Dutch part) 1.27 billion BoP, current US$ compare

See the full ranking of 244 places →

More economy & growth data for Namibia

All data for Namibia →

Frequently asked questions

What is service exports in Namibia?
Service exports in Namibia was 1.29 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
What is the highest service exports recorded in Namibia?
The highest recorded value was 1.29 billion BoP, current US$ in 2024.
What is the lowest service exports recorded in Namibia?
The lowest recorded value was 131.80 million BoP, current US$ in 1990.
How does Namibia rank for service exports?
Namibia ranks 129th out of 199 countries with data for 2024.
Is service exports rising or falling in Namibia?
Over the last ten years it is up 29.0%. 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 Service exports (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Service exports (BoP, current US$)
Unit
BoP, current US$
Source
Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
244 places, 9,729 data points, 1960–2025
Last refreshed

Exports of services are services provided by residents to non-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.