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Namibia Current Account Value and percent from GDP

Namibia Current Account Data

Indicator Data Period
Current Account to GDP -12.3 % 2022
Current Account -2498 NAD Million | -0.131 B USD 2Q/23


Latest data on Current Account to GDP (%)

Current Account to GDP
                     Namibia - Historical Data (%)

What is ratio of Namibia Current Account to GDP?

  • The deficit of Current Account to GDP in Namibia decreased to 12.3 % in 2022. The maximum surplus was 13.8 % and deficit was -16.1 %
  • Data published Yearly by Central Bank.

Historical Data (%) by years

Data
Period
Date
-12.3 2022 11.05.2023
-9.1 2021 13.07.2022
1.9 2020 14.04.2021
-2.3 2019 24.09.2020
-2.1 2018 09.04.2019
-2.3 2017 25.07.2018
-11.8 2016 11.08.2017
-13.5 2015 31.12.2015


Historical Chart by presidents (%)

Current Account to GDP in Namibia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Hage Gottfried 21.03.2015 - -13.5000 -11.8000 -11.8000 -13.5000 -12.59%
Hifikepunye Lucas 21.03.2005 - 21.03.2015 4.7000 -7.5000 13.8000 -7.5000 -259.57%
Samuel Daniel 21.03.1990 - 21.03.2005 0.9000 7.0000 7.9000 0.9000 677.78%


Latest data on Current Account (NAD Million)

Current Account
                     Namibia - Historical Data (NAD Million)

What is Namibia Current Account Deficit?

  • The deficit of Current Account in Namibia increased to 2498 NAD Million (0.131 B USD) in the second quarter of 2023. The maximum value was 4705 NAD Million and minimum was -7961 NAD Million.
  • Data published Quarterly by Central Bank.

Historical Data (NAD Million) by years

Data
Period
Date
-2498 2Q/23 02.10.2023
-4453 1Q/23 03.07.2023
-2656 4Q/22 12.04.2023
-8564 3Q/22 17.12.2022
-6813 2Q/22 15.10.2022
-7278 1Q/22 09.07.2022
-3080 4Q/21 09.04.2022
-6448 3Q/21 05.02.2022


Historical Chart by presidents (NAD Million)

Current Account in Namibia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Hage Gottfried 21.03.2015 - -1500.8600 -1094.0000 -433.0000 -7683.4700 -27.11%
Hifikepunye Lucas 21.03.2005 - 21.03.2015 1110.0000 -3106.3900 2409.0000 -3464.5700 -379.85%
Samuel Daniel 21.03.1990 - 21.03.2005 -59.0000 940.0000 1391.0000 -580.0000 -1693.22%

Other trade indicators in Namibia

Index Updated Actual Previous
Balance of Trade 2Q/23 -0.342 B USD -0.431
Capital Flows 2Q/23 -0.198 B USD -0.142
Exports 2Q/23 1.024 B USD 1.013
Foreign Exchange Reserves Aug/23 2.926 B USD 2.849
Imports 2Q/23 1.366 B USD 1.444
Terms of Trade  2022 123 in. pt. 114

Current Account to GDP in other countries

Country Updated Actual Previous
Egypt 2022 -3.7 % -4.6
Kenya 2022 -5.1 % -5.4
Madagascar 2021 -5.8 % -5.2
Zimbabwe 20 1 % 2.9
Tanzania 2022 -7.1 % -3.4
Togo 2022 -3.7 % -0.9
Tunisia 2022 -8.6 % -6
Nigeria 2022 -0.3 % -0.5
Sudan 2022 -3.4 % -10
Morocco 2022 -3.5 % -2.3
Senegal 2022 -17.5 % -10.4
Seychelles 2022 -8 % -12
South Africa 2022 -0.5 % 3.7
Uganda 2022 -8.6 % -9.5
Rwanda 2022 -11.6 % -10.9
Liberia 2022 -15.8 % -17
Zambia 2022 3.9 % 11.9
Mozambique 2022 -39.1 % -23.6
Namibia 2022 -12.3 % -9.9
Ghana 2022 -2.1 % -3.2
Swaziland 2021 6 % 1.2
Libya 2022 23.3 % 13.3
Algeria 2022 9.5 % -2.8
Angola 2022 11.4 % 11.2
Benin 2022 -5.7 % -4.5
Botswana 2022 2.2 % -0.5
Burkina Faso 2022 -5.2 % 5.2
Burundi 2022 -13.4 % -11
Central African Republic 2022 -13.8 % -10.8
Chad 2022 0.5 % -3.9
Comoros 2022 -0.5 % -0.3
Republic of the Congo 2022 19.2 % 11.9
Djibouti 2022 -5 % -0.7
Equatorial Guinea 2022 3.9 % -4
Eritrea 2022 12.2 % 13.5
Ethiopia 2022 -4.3 % -3.2
Gabon 2022 1.2 % -5.3
Gambia 2021 -5.3 % -5.1
Guatemala 2022 1.8 % 2.5
Guinea 2021 28.83 % 18.94
Guinea Bissau 2021 -1.1 % -3.7
Lesotho 2021 -3.8 % -1.8
Malawi 2022 -2.8 % -14.4
Mali 2022 -7.2 % -7.7
Mauritania 2022 -14.3 % -7.8
Niger 2022 -15.1 % -13.9
Sao Tome and Principe 2015 -24.7 % -31.7
Sierra Leone 2022 -10.3 % -13.9