Namibia: Short-term debt to reserves

* indicates monthly or quarterly data series
 Namibia

Short-term external debt, percent of international reserves

 Latest value 39.42
 Year 2024
 Measure percent
 Data availability 2010 - 2024
 Average 28.55
 Min - Max 12.79 - 40.87
 Source The World Bank
 Available for Data download
The latest value from 2024 is 39.42 percent, an increase from 39.36 percent in 2023. In comparison, the world average is 790.72 percent, based on data from 96 countries. Historically, the average for Namibia from 2010 to 2024 is 28.55 percent. The minimum value, 12.79 percent, was reached in 2011 while the maximum of 40.87 percent was recorded in 2014. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Namibia: Short-term debt to reserves
 2024 39.42
 2023 39.36
 2022 38.11
 2021 19.11
 2020 27.87
 2019 34.14
 2018 33.98
 2017 29.28




Definition: Debt of public and private domestic borrowers to non-residents with maturity of twelve months of less as percent of total foreign exchange reserves. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.

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 Related indicators Latest Reference Measure
 Terms of trade 107.40 2024 percent
 Trade openness 108.58 2025 percent
 Financial openness -1.248 2022 index points
 Exports, percent of GDP 44.68 2025 percent
 Exports, billion dollars 6.74 2025 billion U.S. dollars
 Growth of exports 11.81 2025 percent
 Imports, percent of GDP 63.90 2025 percent
 Imports, billion dollars 9.64 2025 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 14.18 2024 percent
 Foreign Direct Investment, billion dollars 1.45 2025 billion U.S. dollars
 Portfolio investment inflows, equities 3.35 2024 million dollars (current)
 Current account, percent of GDP -13.41 2024 percent
 Current account, in dollars -1.83 2024 billion U.S. dollars
 Trade balance, percent of GDP -19.23 2025 percent
 Trade balance, in dollars -3.28 2024 billion U.S. dollars
 Reserves 3.10 2025 billion U.S. dollars
 Remittances, percent of GDP 0.71 2024 percent
 Remittances 96.50 2024 million U.S. dollars
 Net errors and omissions -80.84 2024 million USD
 External debt 74.25 2024 percent
 Short-term external debt 13.32 2024 percent
 Short-term debt to reserves 39.42 2024 percent
 External debt in foreign currencies 100.00 2024 percent
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