Namibia's personal transfers, receipts (current US$, BoP) was US$50.05 million in 2024, the latest year in the World Bank's World Development Indicators. That is up 42.97% from US$35.01 million in 2014 (3.64% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$50.05 million | 2024 |
| Five years earlier | US$37.84 million | 2019 |
| Ten years earlier | US$35.01 million | 2014 |
| Highest | US$50.05 million | 2024 |
| Lowest | US$3.25 million | 2002 |
| Average since 2015 | US$34.31 million | 2015–2024 |
| First recorded | US$6.57 million |
What the numbers say
In 2024, Namibia's personal transfers, receipts (current US$, BoP) rose 19.9% on 2023 (from US$41.74 million to US$50.05 million).
Across the 30 yearly changes before that (1994 to 2023), the average change was +19.2% and a typical year strayed about 92% from that (the standard deviation). This year's change was 0.0 standard deviations above 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 481% in 2009 and the biggest yearly fall was 52.2% in 2017. 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 upward, about US$2.2 million a year. A straight line explains 44% 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 24th highest value of the 27 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$50.05 million | 2024 |
| World | US$567.33 billion | 2023 |
| Sub-Saharan Africa | US$54.16 billion | 2024 |
| Lower middle income | US$329.04 billion | 2024 |
Closest to Namibia in the 2024 ranking
- Bhutan — 21st of 27: US$106.36 million
- Mauritania — 22nd of 27: US$93.28 million
- Solomon Islands — 23rd of 27: US$77.77 million
- Marshall Islands — 25th of 27: US$29.45 million
- Naoero — 26th of 27: US$198,633
- Papua New Guinea — 27th of 27: US$86,320
What this measures
Personal transfers are current transfers, in cash or in kind, received by resident households from non-resident households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 35 values
| Year | Personal transfers, receipts (current US$, BoP) |
|---|---|
| 2024 | 50,048,736 |
| 2023 | 41,738,311 |
| 2022 | 38,840,707 |
| 2021 | 34,307,190 |
| 2020 | 31,448,028 |
| 2019 | 37,839,972 |
| 2018 | 23,169,669 |
| 2017 | 20,825,969 |
| 2016 | 43,545,371 |
| 2015 | 21,358,446 |
| 2014 |
Personal transfers, receipts (current US$, BoP) in nearby economies
- Angola — US$13.53 million (2025)
- Benin — US$313.86 million (2023)
- Botswana — US$143.36 million (2025)
- Burkina Faso — US$537.52 million (2024)
- Burundi — US$240.45 million (2025)
- Cabo Verde — US$338.3 million (2025)
- Cameroon — US$593.65 million (2024)
- Comoros — US$301.04 million (2023)
- Congo, Dem. Rep. — US$3.22 billion (2025)
- Congo, Rep.
More economic policy & debt data for Namibia
- Adjusted savings, education expenditure (% of GNI) — 8.92% (2021)
- Adjusted savings, net forest depletion (current US$) — US$106.2 million (2021)
- Adjusted savings, mineral depletion (current US$) — US$262.77 million (2021)
- General government final consumption expenditure (current US$) — US$3.36 billion (2025)
- General government final consumption expenditure (current LCU) — 60.11 billion (2025)
- General government final consumption expenditure (constant 2015 US$) — US$3.51 billion (2025)
- General government final consumption expenditure (constant LCU) — 45.2 billion (2025)
- General government final consumption expenditure (% of GDP) — 22.28% (2025)
Reading data like this
Questions people ask
- What is Namibia's personal transfers, receipts (current US$, BoP)?
- US$50.05 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1990?
- It is up 661.72% from US$6.57 million in 1990 (6.15% a year on average, compounded). The highest value was US$50.05 million in 2024 and the lowest US$3.25 million in 2002.
- How does Namibia rank?
- 24th highest of 27 economies with data for 2024.
- Is the latest change in personal transfers, receipts (current US$, BoP) unusual for Namibia?
- In 2024, Namibia's personal transfers, receipts (current US$, BoP) rose 19.9% on 2023 (from US$41.74 million to US$50.05 million). Across the 30 yearly changes before that (1994 to 2023), the average change was +19.2% and a typical year strayed about 92% from that (the standard deviation). This year's change was 0.0 standard deviations above 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 BX.TRF.PWKR.CD, licensed CC BY 4.0. Original source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF) 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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