Namibia recorded a Current Account deficit of 15.30 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Namibia averaged -1.01 percent of GDP from 1990 until 2024, reaching an all time high of 13.80 percent of GDP in 2006 and a record low of -16.10 percent of GDP in 2016. source: Bank of Namibia
Current Account to GDP in Namibia is expected to reach -15.70 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Current Account to GDP is projected to trend around -13.80 percent of GDP in 2027 and -12.60 percent of GDP in 2028, according to our econometric models.