Namibia recorded a Current Account deficit of 3080 NAD Million in the fourth quarter of 2021. source: Bank of Namibia

Current Account in Namibia averaged -973.08 NAD Million from 1999 until 2021, reaching an all time high of 5732 NAD Million in the second quarter of 2020 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 July of 2022.

Current Account in Namibia is expected to be 2000.00 NAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Current Account is projected to trend around -1500.00 NAD Million in 2023, according to our econometric models.

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Namibia Current Account

Related Last Previous Unit Reference
Balance of Trade -5348.69 -8619.13 NAD Million Dec 2021
Current Account -3080.00 -6448.10 NAD Million Dec 2021
Current Account to GDP 1.90 -1.70 percent of GDP Dec 2020
Exports 17472.54 13279.05 NAD Million Dec 2021
Imports 22821.24 21898.18 NAD Million Dec 2021
Capital Flows -1746.40 -4652.10 NAD Million Dec 2021
Foreign Direct Investment 450.00 1960.00 NAD Million Jun 2021
External Debt 33065.00 30852.00 NAD Million Dec 2020

Namibia Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
-3080.00 -6448.10 5732.00 -7961.10 1999 - 2021 NAD Million Quarterly
Current Prices, NSA