Namibia: Growth of exports

* indicates monthly or quarterly data series

Exports of goods and services, annual growth

 Latest value 20.01
 Year 2022
 Measure percent
 Data availability 1981 - 2022
 Average 2.59
 Min - Max -16.55 - 28.82
 Source The World Bank
For that indicator, we provide data for Namibia from 1981 to 2022. The average value for Namibia during that period was 2.59 percent with a minimum of -16.55 percent in 2020 and a maximum of 28.82 percent in 1991. The latest value from 2022 is 20.01 percent. For comparison, the world average in 2022 based on 137 countries is 11.94 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Namibia - Growth of exports - Recent values chart

Historical chart
Namibia - Growth of exports - historical chart - 1981-2022

Definition: Annual growth rate of exports of goods and services based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars. Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments.

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 Related indicators Latest value Reference Measure
 Terms of trade 103.72 2021 percent
 Trade openness 96.44 2022 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 36.74 2022 percent
 Exports, billion dollars 5.36 2023 billion U.S. dollars
 Growth of exports 20.01 2022 percent
 Imports, percent of GDP 55.03 2022 percent
 Imports, billion dollars 8.18 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 8.18 2022 percent
 Foreign Direct Investment, billion dollars 1.06 2022 billion U.S. dollars
 Portfolio investment inflows, equities 1.83 2023 million dollars (current)
 Current account, percent of GDP -8.40 2022 percent
 Current account, in dollars -1.85 2023 billion U.S. dollars
 Trade balance, percent of GDP -18.30 2022 percent
 Trade balance, in dollars -2.64 2023 billion U.S. dollars
 Reserves 2.80 2022 billion U.S. dollars
 Remittances, percent of GDP 0.42 2022 percent
 Remittances 53.84 2022 million U.S. dollars
 Net errors and omissions 46.44 2023 million USD
 Foreign exchange reserves 53.75 9/2023 billion
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