Commercial service imports in Namibia
Namibia: Commercial service imports was 2.44 billion current US$ in 2024. ◆ Volatile
Commercial service imports in Namibia, 1990–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current US$.
Analysis
The most recent figure for commercial service imports in Namibia is 2.44 billion current US$, measured in 2024. That is the highest value across all 35 years on record.
That represents a change of up 7.2% on the previous year and up 202.6% over ten years.
Over the whole period, commercial service imports in Namibia peaked at 2.44 billion current US$ in 2024 and was at its lowest, 222.67 million current US$, in 2002.
That places Namibia 113th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Commercial service imports in Namibia, year by year
| Year | current US$ | Change |
|---|---|---|
| 1990 | 341.40 million current US$ | — |
| 1991 | 447.43 million current US$ | +31.1% |
| 1992 | 493.86 million current US$ | +10.4% |
| 1993 | 471.37 million current US$ | -4.6% |
| 1994 | 455.39 million current US$ | -3.4% |
| 1995 | 537.82 million current US$ | +18.1% |
| 1996 | 568.53 million current US$ | +5.7% |
| 1997 | 521.71 million current US$ | -8.2% |
| 1998 | 448.89 million current US$ | -14.0% |
| 1999 | 418.25 million current US$ | -6.8% |
| 2000 | 307.96 million current US$ | -26.4% |
| 2001 | 261.45 million current US$ | -15.1% |
| 2002 | 222.67 million current US$ | -14.8% |
| 2003 | 268.83 million current US$ | +20.7% |
| 2004 | 410.97 million current US$ | +52.9% |
| 2005 | 358.10 million current US$ | -12.9% |
| 2006 | 420.48 million current US$ | +17.4% |
| 2007 | 503.28 million current US$ | +19.7% |
| 2008 | 578.71 million current US$ | +15.0% |
| 2009 | 492.31 million current US$ | -14.9% |
| 2010 | 643.01 million current US$ | +30.6% |
| 2011 | 585.83 million current US$ | -8.9% |
| 2012 | 511.94 million current US$ | -12.6% |
| 2013 | 662.76 million current US$ | +29.5% |
| 2014 | 805.19 million current US$ | +21.5% |
| 2015 | 625.70 million current US$ | -22.3% |
| 2016 | 619.09 million current US$ | -1.1% |
| 2017 | 570.16 million current US$ | -7.9% |
| 2018 | 557.30 million current US$ | -2.3% |
| 2019 | 579.86 million current US$ | +4.0% |
| 2020 | 694.63 million current US$ | +19.8% |
| 2021 | 953.45 million current US$ | +37.3% |
| 2022 | 1.06 billion current US$ | +11.3% |
| 2023 | 2.27 billion current US$ | +114.2% |
| 2024 | 2.44 billion current US$ | +7.2% |
Namibia compared with similar countries
- Namibia's 2.44 billion current US$ is above the median for lower middle income countries, which is 2.37 billion current US$, 1.0× the median. (47 countries reporting)
- Namibia's 2.44 billion current US$ is above the median for Sub-Saharan Africa, which is 1.39 billion current US$, 1.8× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 470.46 million current US$ | 341.40 million current US$ | 568.53 million current US$ | 10 |
| 2000s | 382.48 million current US$ | 222.67 million current US$ | 578.71 million current US$ | 10 |
| 2010s | 616.08 million current US$ | 511.94 million current US$ | 805.19 million current US$ | 10 |
| 2020s | 1.48 billion current US$ | 694.63 million current US$ | 2.44 billion current US$ | 5 |
Countries ranked near Namibia
- 110 Trinidad and Tobago 2.75 billion current US$ compare
- 111 Paraguay 2.73 billion current US$ compare
- 112 Tanzania 2.70 billion current US$ compare
- 114 Papua New Guinea 2.40 billion current US$ compare
- 115 Cameroon 2.37 billion current US$ compare
- 116 North Macedonia 2.31 billion current US$ compare
More private sector data for Namibia
- Merchandise trade 102.4% (2025)
- Food imports 13.2% (2024)
- Manufactures imports 60.4% (2024)
- Merchandise imports 8.43 billion current US$ (2025)
- Food exports 28.0% (2024)
- Manufactures exports 18.4% (2024)
- Merchandise exports 7.02 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,271 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.4658 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 7.33 % change on previous year (2025)
Frequently asked questions
- What is commercial service imports in Namibia?
- Commercial service imports in Namibia was 2.44 billion current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest commercial service imports recorded in Namibia?
- The highest recorded value was 2.44 billion current US$ in 2024.
- What is the lowest commercial service imports recorded in Namibia?
- The lowest recorded value was 222.67 million current US$ in 2002.
- How does Namibia rank for commercial service imports?
- Namibia ranks 113th out of 200 countries with data for 2024.
- Is commercial service imports rising or falling in Namibia?
- Over the last ten years it is up 202.6%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Commercial service imports (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Commercial service imports are total service imports minus imports of government services not included elsewhere. Imports of services are services provided by non-residents to residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.