Remittances in Namibia

Namibia: Remittances was 0.7074 in 2024. ▲ Rising

Latest (2024)
0.7074
Change on year
up 5.6%
World rank
137th
of 194 countries
All-time high
0.8559
in 2009
All-time low
0.1576
in 2008
Years of data
35
1990–2024

Remittances in Namibia, 1990–2024

0.20.40.60.81990200720241990: 0.4821991: 0.461992: 0.4581993: 0.4471994: 0.4061995: 0.3921996: 0.3391997: 0.321998: 0.291999: 0.2562000: 0.2342001: 0.2382002: 0.2262003: 0.2392004: 0.2212005: 0.2412006: 0.2052007: 0.1772008: 0.1582009: 0.8562010: 0.6052011: 0.6292012: 0.6142013: 0.5322014: 0.6492015: 0.4122016: 0.622017: 0.3752018: 0.3922019: 0.5232020: 0.5712021: 0.5082022: 0.5662023: 0.672024: 0.707

Source: Our World in Data.

Analysis

Namibia recorded 0.7074 for remittances in 2024.

The figure is up 5.6% on the previous year and up 9.0% over ten years.

Over the whole period, remittances in Namibia peaked at 0.8559 in 2009 and was at its lowest, 0.1576, in 2008.

Namibia ranks 137th of 194 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.

Remittances in Namibia, year by year

Annual values for Remittances in Namibia, 1990 to 2024.
Year Value Change
1990 0.4821 —
1991 0.4604 -4.5%
1992 0.458 -0.5%
1993 0.4471 -2.4%
1994 0.4063 -9.1%
1995 0.3922 -3.5%
1996 0.3388 -13.6%
1997 0.3202 -5.5%
1998 0.2896 -9.6%
1999 0.256 -11.6%
2000 0.2336 -8.7%
2001 0.2377 +1.8%
2002 0.2256 -5.1%
2003 0.2393 +6.1%
2004 0.2208 -7.7%
2005 0.2414 +9.3%
2006 0.2055 -14.9%
2007 0.1774 -13.7%
2008 0.1576 -11.2%
2009 0.8559 +443.2%
2010 0.6054 -29.3%
2011 0.6289 +3.9%
2012 0.6143 -2.3%
2013 0.5323 -13.4%
2014 0.6491 +22.0%
2015 0.4118 -36.6%
2016 0.62 +50.6%
2017 0.3745 -39.6%
2018 0.3923 +4.7%
2019 0.523 +33.3%
2020 0.5712 +9.2%
2021 0.5078 -11.1%
2022 0.5657 +11.4%
2023 0.6697 +18.4%
2024 0.7074 +5.6%

Namibia compared with similar countries

  • Namibia's 0.7074 is below the median for lower middle income countries, which is 6.01, 12% of the median. (47 countries reporting)
  • Namibia's 0.7074 is below the median for Sub-Saharan Africa, which is 2.52, 28% of the median. (46 countries reporting)

Biggest year-on-year movements

Years where Remittances in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2009 +443.2% 0.1576 0.8559

Averages by decade

DecadeAverage LowestHighest Years
1990s 0.3851 0.256 0.4821 10
2000s 0.2795 0.1576 0.8559 10
2010s 0.5352 0.3745 0.6491 10
2020s 0.6044 0.5078 0.7074 5

Countries ranked near Namibia

  1. 134 Sweden 0.7814 compare
  2. 135 Trinidad and Tobago 0.7692 compare
  3. 136 Iceland 0.7297 compare
  4. 138 Panama 0.7013 compare
  5. 139 Eswatini 0.6863 compare
  6. 140 Algeria 0.6679 compare

See the full ranking of 194 places →

More reference data data for Namibia

All data for Namibia →

Frequently asked questions

What is remittances in Namibia?
Remittances in Namibia was 0.7074 in 2024, according to Our World in Data.
What is the highest remittances recorded in Namibia?
The highest recorded value was 0.8559 in 2009.
What is the lowest remittances recorded in Namibia?
The lowest recorded value was 0.1576 in 2008.
How does Namibia rank for remittances?
Namibia ranks 137th out of 194 countries with data for 2024.
Is remittances 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 Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.

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Remittances in Namibia. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances/namibia/

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About this data

Indicator
Remittances
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed