Namibia Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
Namibia's current account balance was -14.66% in 2025, ranked 174th globally. This represents a 103,381.9% decrease from 2024. Data from World Bank, covering 1990–2025.
Overview
Namibia's current account balance stood at -14.66% in 2025, a decline of +14.64% from 2024. The IMF projects -14.66% by 2025. Namibia ranked 174th globally.
Namibia’s current‑account balance has swung from a modest surplus of 0.99 % of GDP in 1990 to a pronounced deficit of –14.65 % in 2025, the lowest figure among 174 economies reported by the World Bank. The balance peaked at 13.53 % of GDP in 2006, reflecting a period of strong export earnings and limited import demand, before entering a long‑term downward trajectory that accelerated after the global financial crisis and deepened during recent commodity price volatility. Over the 36‑year span, the deficit has widened more than fourteen percentage points, placing Namibia alongside other small, open economies such as St. Kitts and Nevis (–14.54 % in 2025) and Mongolia (–14.35 % in 2025) at the lower end of the distribution. Persistent trade imbalances, high import dependence, and limited diversification of export markets have constrained the current account. Continued fiscal consolidation, investment in value‑added processing, and diversification of export destinations could temper the deficit and gradually reverse the downward trend.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -9.86% | - | - |
| 2029* IMF | -10.57% | - | - |
| 2028* IMF | -10.92% | - | - |
| 2027* IMF | -11.27% | - | - |
| 2026* IMF | -12.08% | - | - |
| 2025* IMF | -14.66% | - | - |
| 2025 | -14.66% | −14.64% | #174 |
| 2024 | -0.01% | +15.25% | #111 |
| 2023 | -0.02% | +12.76% | #113 |
| 2022 | -0.01% | +11.22% | #127 |
| 2021 | -0.01% | −3.00% | #122 |
| 2020 | 3.91% | +5.68% | #158 |
| 2019 | -0.12% | +3.44% | #126 |
| 2018 | 0.00% | +4.42% | #128 |
| 2017 | -0.14% | +16.36% | #129 |
| 2016 | -0.02% | +13.60% | #138 |
| 2015 | -0.01% | +9.42% | #136 |
| 2014 | -0.01% | +8.14% | #126 |
| 2013 | -1.46% | +7.14% | #120 |
| 2012 | -8.58% | −1.68% | #51 |
| 2011 | -6.85% | −2.87% | #64 |
Detected Pattern
Analysis
Namibia matched the Stagflation Risk pattern in 2009. Historically, 38% of countries showing this pattern (117 out of 307) saw current account balance improve within 24 months. View full analysis →
Frequently Asked Questions
Namibia's current account balance was -14.66% in 2025. Ranked 174th globally. This represents a 103,381.9% decrease from the previous year.
Namibia's current account balance peaked at 13.53% in 2006.
The lowest current account balance in Namibia was -14.66% in 2025.
Namibia ranks 174th globally in current account balance as of 2025.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
Namibia's current account balance is projected to reach -14.66% by 2025 based on IMF projection.
The current account balance of Namibia in 2025 was -14.66%. This ranks 174th in the world.
Cite this page
@misc{historysaid_namibia_current-account,
title = {Namibia Current Account Balance},
url = {https://historysaid.com/namibia/current-account/},
publisher = {HistorySaid},
year = {2026}
}