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Namibia Foreign Reserves

Total reserves including gold  FI.RES.TOTL.CD

Namibia's foreign reserves was $3.6B in 2025, ranked 107th globally. This represents a 6.6% increase from 2024. Data from World Bank, covering 1992–2025.

$3.6B +$222.9M (+6.6%)
Year 2025 Rank #107 Global Peak $3.6B (2025) Source World Bank

Namibia Foreign Reserves (1992–2025)

Overview

Namibia's foreign reserves stood at $3.6B in 2025, a rise of +$222.9M from 2024. Based on recent trends, this figure is projected to reach $3.6B by 2025. Namibia ranked 107th globally.

Namibia’s foreign exchange reserves have risen dramatically from a modest 49,717,500.10 in 1992 to an all‑time high of 3,578,439,900.07 in 2025, placing the country at rank 107 globally. This expansion, achieved over a 34‑year span, reflects sustained current‑account surpluses, prudent fiscal management and the accumulation of mineral export earnings, particularly from diamonds and uranium. The reserve buildup outpaced that of peer Botswana, whose 2025 holdings stood at 3,541,717,051.21, and closely matches Luxembourg’s 3,555,293,945.45, underscoring Namibia’s improving external buffer relative to other small‑open economies. The early‑1990s trough coincided with the post‑independence adjustment period, while the recent peak aligns with higher commodity prices and diversified foreign‑currency inflows. Continued diversification of exports, stable macro‑policy and resilience to external shocks will be crucial to maintain the upward trajectory of reserves, although a prolonged decline in global commodity demand could reverse the trend.

Data & projection

Year Foreign Reserves YoY change Rank
2027* trend $4.1B - -
2026* trend $3.8B - -
2025* trend $3.6B - -
2025 $3.6B +$222.9M #107
2024 $3.4B +$399.2M #99
2023 $3.0B +$152.8M #113
2022 $2.8B +$39.5M #111
2021 $2.8B +$592.9M #112
2020 $2.2B +$121.9M #114
2019 $2.0B −$100.7M #112
2018 $2.1B −$282.4M #114
2017 $2.4B +$598.5M #109
2016 $1.8B +$145.5M #113
2015 $1.7B +$511.0M #116
2014 $1.2B −$334.0M #122
2013 $1.5B −$234.7M #120
2012 $1.7B −$40.8M #117
2011 $1.8B +$91.0M #117
Show all years (1992-2025)
* Linear trend extrapolation

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 9.5% GDP growth 0.3% Unemployment 22.3%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Namibia matched the Stagflation Risk pattern in 2009. Historically, 38% of countries showing this pattern (117 out of 307) saw foreign reserves improve within 24 months. View full analysis →

Frequently Asked Questions

What is Namibia's foreign reserves?▾

Namibia's foreign reserves was $3.6B in 2025. Ranked 107th globally. This represents a 6.6% increase from the previous year.

What was the highest foreign reserves in Namibia?▾

Namibia's foreign reserves peaked at $3.6B in 2025.

What was the lowest foreign reserves in Namibia?▾

The lowest foreign reserves in Namibia was $49.7M in 1992.

How does Namibia rank in foreign reserves?▾

Namibia ranks 107th globally in foreign reserves as of 2025.

What is the World Bank indicator code for foreign reserves?▾

The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.

What is the projected foreign reserves of Namibia in 2025?▾

Namibia's foreign reserves is projected to reach $3.6B by 2025 based on trend extrapolation.

What is Namibia's foreign reserves in billion?▾

Namibia's foreign reserves was approximately 3.58 billion ($3.6B) in 2025.

What is the foreign reserves of Namibia in 2025?▾

The foreign reserves of Namibia in 2025 was $3.6B. This ranks 107th in the world.

Cite this page

APA
Namibia Foreign Reserves. HistorySaid. Retrieved November 12, 2026, from https://historysaid.com/namibia/reserves/
BibTeX
@misc{historysaid_namibia_reserves, title = {Namibia Foreign Reserves}, url = {https://historysaid.com/namibia/reserves/}, publisher = {HistorySaid}, year = {2026} }
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