Namibia's high-technology exports (current US$) was US$941,515 in 2024, the latest year in the World Bank's World Development Indicators. That is down 99.18% from US$114.17 million in 2014 (38.11% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$941,515 | 2024 |
| Five years earlier | US$169,247 | 2019 |
| Ten years earlier | US$114.17 million | 2014 |
| Highest | US$114.17 million | 2014 |
| Lowest | US$169,247 | 2019 |
| Average since 2015 | US$3.91 million | 2015–2024 |
| First recorded | US$86.88 million |
What the numbers say
In 2024, Namibia's high-technology exports (current US$) rose 12.4% on 2023 (from US$837,552 to US$941,515).
Across the 16 yearly changes before that (2008 to 2023), the average change was +31.2% and a typical year strayed about 112.9% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 287.9% in 2016 and the biggest yearly fall was 94.5% in 2015. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is downward, about US$1.37 million a year. A straight line explains 31% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Namibia had the 112th highest value of the 120 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Namibia | US$941,515 | 2024 |
| World | US$3.58 trillion | 2023 |
| Sub-Saharan Africa | US$2.86 billion | 2023 |
| Lower middle income | US$48.89 billion | 2023 |
Closest to Namibia in the 2024 ranking
- Panama — 109th of 120: US$1.86 million
- French Polynesia — 110th of 120: US$1.33 million
- Malawi — 111th of 120: US$1.24 million
- Grenada — 113th of 120: US$656,058
- Lesotho — 114th of 120: US$622,801
- Gambia, The — 115th of 120: US$7,739
What this measures
High-technology exports are products with high R&D intensity, such as aerospace, computers, pharmaceuticals, scientific instruments, and electrical machinery.
Limitations: The indicator is based on data reported by countries to COMTRADE. The export values presented in the World Development Indicators represent Gross Exports less Re-Exports. The values may be impacted in cases of reporting errors or missing data, for example if countries do not report Re-Exports for one or more periods.
Regional and income-group figures are computed by the World Bank as a sum.
All 18 values
| Year | High-technology exports (current US$) |
|---|---|
| 2024 | 941,515 |
| 2023 | 837,552 |
| 2022 | 764,250 |
| 2021 | 639,994 |
| 2020 | 181,587 |
| 2019 | 169,247 |
| 2018 | 2,888,325 |
| 2017 | 2,162,374 |
| 2016 | 24,272,101 |
| 2015 | 6,257,803 |
| 2014 |
High-technology exports (current US$) in nearby economies
- Angola — US$64.12 million (2024)
- Benin — US$22.46 million (2024)
- Botswana — US$25.6 million (2023)
- Burkina Faso — US$2.47 million (2024)
- Burundi — US$430,943 (2023)
- Cabo Verde — US$73,876 (2023)
- Cameroon — US$6.24 million (2023)
- Central African Republic — US$12.19 million (2024)
- Comoros — US$91,529 (2023)
- Congo, Rep. — US$30.9 million (2023)
More infrastructure data for Namibia
- Fixed telephone subscriptions — 77,390 (2024)
- Fixed telephone subscriptions (per 100 people) — 2.55 (2024)
- Mobile cellular subscriptions — 2.58 million (2024)
- Mobile cellular subscriptions (per 100 people) — 85.16 (2024)
- ICT service exports (BoP, current US$) — US$26.03 million (2024)
- ICT service exports (% of service exports, BoP) — 2.02% (2024)
- Medium and high-tech exports (% manufactured exports) — 0.42% (2024)
- Air transport, registered carrier departures worldwide — 2,960 (2023)
- Air transport, passengers carried — 60,304 (2023)
- Individuals using the Internet (% of population)
Reading data like this
Questions people ask
- What is Namibia's high-technology exports (current US$)?
- US$941,515 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2007?
- It is down 98.92% from US$86.88 million in 2007 (23.37% a year on average, compounded). The highest value was US$114.17 million in 2014 and the lowest US$169,247 in 2019.
- How does Namibia rank?
- 112th highest of 120 economies with data for 2024.
- Is the latest change in high-technology exports (current US$) unusual for Namibia?
- In 2024, Namibia's high-technology exports (current US$) rose 12.4% on 2023 (from US$837,552 to US$941,515). Across the 16 yearly changes before that (2008 to 2023), the average change was +31.2% and a typical year strayed about 112.9% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator TX.VAL.TECH.CD, licensed CC BY 4.0. Original source: Comtrade database, United Nations (UN), uri: comtrade.un.org, publisher: UN Statistics Division; World Integrated Trade Solution system (WITS), World Bank (WB), uri: https://wits.worldbank.org/ Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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