Namibia recorded a Current Account deficit of 432.10 NAD Million in the first quarter of 2020.
Current Account in Namibia averaged -913.44 NAD Million from 1999 until 2020, reaching an all time high of 2409 NAD Million in the fourth quarter of 2006 and a record low of -7961.10 NAD Million in the fourth quarter of 2016. This page provides the latest reported value for - Namibia Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Namibia Current Account - values, historical data and charts - was last updated on August of 2020. source: Bank of Namibia
Current Account in Namibia is expected to be -420.00 NAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Namibia to stand at -700.00 in 12 months time. In the long-term, the Namibia Current Account is projected to trend around -1000.00 NAD Million in 2021, according to our econometric models.