Namibia: Foreign exchange reserves

* indicates monthly or quarterly data series
 Namibia

Foreign exchange reserves, billion currency units

 Latest value 54.27
 Reference March 2024
 Measure billion Namibia Dollar
 Data availability April 2002 - March 2024
 Average 20.07
 Min - Max 1.91 - 55.79
 Source Bank of Namibia
For that indicator, we provide data for Namibia from April 2002 to March 2024. The average value for Namibia during that period was 20.07 billion Namibia Dollar with a minimum of 1.91 billion Namibia Dollar in August 2003 and a maximum of 55.79 billion Namibia Dollar in January 2024. Click on the following link to see the values of Foreign exchange reserves, billion currency units around the world.
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* indicates monthly or quarterly data series


Recent values chart
Namibia - Foreign exchange reserves - recent values

Historical chart
Namibia - Foreign exchange reserves - historical chart - 2002-2024
Measure: billion Namibia Dollar
Source: Bank of Namibia


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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.

 Related indicators Latest value Reference Measure
 Terms of trade 103.72 2021 percent
 Trade openness 91.77 2022 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 36.74 2022 percent
 Exports, billion dollars 4.74 2022 billion U.S. dollars
 Growth of exports 20.01 2022 percent
 Imports, percent of GDP 55.03 2022 percent
 Imports, billion dollars 7.11 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 8.18 2022 percent
 Foreign Direct Investment, billion dollars 0.93 2022 billion U.S. dollars
 Portfolio investment inflows, equities 2.41 2022 million dollars (current)
 Current account, percent of GDP -8.40 2022 percent
 Current account, in dollars -1.63 2022 billion U.S. dollars
 Trade balance, percent of GDP -18.30 2022 percent
 Trade balance, in dollars -2.21 2022 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 -120.38 2022 million USD
 Foreign exchange reserves 53.75 9/2023 billion
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