Namibia Current Account2022 Data - 2023 Forecast - 1999-2021 Historical - Chart

Name: Namibia Current Account
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Namibia,Current Account,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

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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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).