Contingent short-term net drains on foreign currency assets (nominal) in Namibia
Namibia: Contingent short-term net drains on foreign currency assets (nominal) was -77.08 million in 2024. ▲ Rising
Contingent short-term net drains on foreign currency assets (nominal) in Namibia, 2020–2024
Source: International Monetary Fund.
Analysis
Namibia recorded -77.08 million for contingent short-term net drains on foreign currency assets (nominal) in 2024. That is the highest value across all 5 years on record.
Compared with earlier readings it is up 0.2% on the previous year and up 14.4% over five years.
Namibia ranks 27th of 64 countries on this measure, in the middle of the range.
Contingent short-term net drains on foreign currency assets (nominal) in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2020 | -90.10 million | — |
| 2021 | -142.56 million | +58.2% |
| 2022 | -79.60 million | -44.2% |
| 2023 | -77.21 million | -3.0% |
| 2024 | -77.08 million | -0.2% |
Namibia compared with similar countries
- Namibia's -77.08 million is above the median for lower middle income countries, which is -895.40 million, 9% of the median. (8 countries reporting)
Countries ranked near Namibia
- 24 Russia -6.72 million
- 25 Slovakia -15.00 million
- 26 Bulgaria -43.71 million compare
- 28 Switzerland -88.39 million compare
- 29 Iceland -180.85 million compare
- 30 Philippines -276.18 million compare
More external debt data for Namibia
- Other investment, Debt instruments 1.94 billion US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) -10.08 % change on previous year (2025)
- Other investment, Debt instruments, Deposit taking corporations 639.87 million US dollar (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 628.22 US dollar per person (2025)
- Other investment, Debt instruments (Assets, Positions, US dollar) 0.1288 US dollar per US$ of GDP (2025)
- Liabilities, International Liquidity, Liabilities to Nonresidents 571.15 million (2025)
- Net lending (+) / net borrowing (-), General government, Percent of -3.61 (2030)
- Other investment, Debt instruments, Deposit taking corporations -39.79 % change on previous year (2025)
- Primary net lending (+) / net borrowing (-), General government 1.67 (2030)
- Other investment, Debt instruments, Deposit taking corporations 206.89 US dollar per person (2025)
Frequently asked questions
- What is contingent short-term net drains on foreign currency assets (nominal) in Namibia?
- Contingent short-term net drains on foreign currency assets (nominal) in Namibia was -77.08 million in 2024, according to International Monetary Fund.
- What is the highest contingent short-term net drains on foreign currency assets (nominal) recorded in Namibia?
- The highest recorded value was -77.08 million in 2024.
- What is the lowest contingent short-term net drains on foreign currency assets (nominal) recorded in Namibia?
- The lowest recorded value was -142.56 million in 2021.
- How does Namibia rank for contingent short-term net drains on foreign currency assets (nominal)?
- Namibia ranks 27th out of 64 countries with data for 2024.
- Where does this Namibia data come from?
- The figures come from International Monetary Fund, published as part of Contingent short-term net drains on foreign currency assets (nominal value), Other contingent liabilities (International Reserves and Foreign Currency Liquidity: Guidelines for a Data Template 2013 (IRFCL 2013), Monetary Authorities and Central Government excluding Social Security). Statizoid updates them automatically from the source API.
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About this data
The International Reserves and Foreign Currency Liquidity (IRFCL, or the “Reserves Data Template”) dataset includes data on the amount and composition of countries’ official reserve assets, other foreign currency assets held by monetary authorities and central governments, and short-term foreign currency obligations and related activities of monetary authorities and central governments that can lead to drains on official reserves and other foreign currency assets. This website re-disseminates IMF member countries' data on international reserves and foreign currency liquidity in a common template and in a common currency (the U.S. dollar). Historical data by country are also available. Please note that the re-dissemination of the template data by the Fund does not constitute endorsement of the quality of the data by the Fund.