Taxes on international trade in Namibia
Namibia: Taxes on international trade was 29.08 billion current LCU in 2024. ◆ Volatile
Taxes on international trade in Namibia, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on international trade in Namibia is 29.08 billion current LCU, measured in 2024. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 16.9% on the previous year and up 60.5% over ten years.
Over the whole period, taxes on international trade in Namibia peaked at 29.08 billion current LCU in 2024 and was at its lowest, 507.50 million current LCU, in 1990.
That places Namibia 57th out of 155 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
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.23 billion current LCU | 507.50 million current LCU | 2.24 billion current LCU | 10 |
| 2000s | 5.11 billion current LCU | 2.60 billion current LCU | 8.59 billion current LCU | 10 |
| 2010s | 14.78 billion current LCU | 5.98 billion current LCU | 19.67 billion current LCU | 10 |
| 2020s | 21.17 billion current LCU | 14.67 billion current LCU | 29.08 billion current LCU | 5 |
Countries ranked near Namibia
- 54 Afghanistan 45.92 billion current LCU compare
- 55 Kyrgyzstan 41.99 billion current LCU compare
- 56 Uruguay 35.16 billion current LCU compare
- 58 Niger 28.16 billion current LCU compare
- 59 Guinea-Bissau 27.51 billion current LCU compare
- 60 Equatorial Guinea 25.61 billion current LCU compare
More public sector data for Namibia
- Arms imports 54.00 million SIPRI trend indicator values (2024)
- Tax revenue 33.9% (2024)
- Taxes on income, profits and capital gains 36.8% (2024)
- Taxes on goods and services 25.4% (2024)
- Net investment in nonfinancial assets 1.6% (2024)
- Net lending (+) / net borrowing (-) -4.7% (2024)
- Interest payments 14.7% (2024)
- Grants and other revenue 4.1% (2024)
- Interest payments 14.1% (2023)
- Other taxes 0.4% (2024)
Frequently asked questions
- What is taxes on international trade in Namibia?
- Taxes on international trade in Namibia was 29.08 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Namibia?
- The highest recorded value was 29.08 billion current LCU in 2024.
- What is the lowest taxes on international trade recorded in Namibia?
- The lowest recorded value was 507.50 million current LCU in 1990.
- How does Namibia rank for taxes on international trade?
- Namibia ranks 57th out of 155 countries with data for 2024.
- Is taxes on international trade rising or falling in Namibia?
- Over the last ten years it is up 60.5%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on international trade (current LCU). Statizoid updates them automatically from the source API.
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CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.