Liabilities, Insurance Technical Reserves (OFCS) in Namibia

Namibia: Liabilities, Insurance Technical Reserves (OFCS) was 166.86 billion in 2024. β–² Rising

Latest (2024)
166.86 billion
Change on year
down 16.6%
World rank
27th
of 65 countries
All-time high
200.11 billion
in 2023
All-time low
123.39 billion
in 2016
Years of data
10
2015–2024

Liabilities, Insurance Technical Reserves (OFCS) in Namibia, 2015–2024

050.0B100.0B150.0B200.0B2015201920242015: 124.2B2016: 123.4B2017: 126.0B2018: 130.6B2019: 157.4B2020: 143.7B2021: 161.5B2022: 186.4B2023: 200.1B2024: 166.9B

Source: International Monetary Fund.

Analysis

Namibia recorded 166.86 billion for liabilities, insurance technical reserves (ofcs) in 2024.

Compared with earlier readings it is down 16.6% on the previous year and up 34.3% over ten years.

Over the whole period, liabilities, insurance technical reserves (ofcs) in Namibia peaked at 200.11 billion in 2023 and was at its lowest, 123.39 billion, in 2016.

That places Namibia 27th out of 65 countries with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 132.33 billion 123.39 billion 157.42 billion 5
2020s 171.70 billion 143.67 billion 200.11 billion 5

Countries ranked near Namibia

  1. 24 Morocco 359.36 billion compare
  2. 25 Romania 186.41 billion compare
  3. 26 Botswana 184.71 billion compare
  4. 28 New Zealand 165.64 billion compare
  5. 29 Canada 159.50 billion
  6. 30 North Macedonia, Republic of 153.18 billion compare

See the full ranking of 65 places β†’

More external debt data for Namibia

All data for Namibia β†’

Frequently asked questions

What is liabilities, insurance technical reserves (ofcs) in Namibia?
Liabilities, insurance technical reserves (ofcs) in Namibia was 166.86 billion in 2024, according to International Monetary Fund.
What is the highest liabilities, insurance technical reserves (ofcs) recorded in Namibia?
The highest recorded value was 200.11 billion in 2023.
What is the lowest liabilities, insurance technical reserves (ofcs) recorded in Namibia?
The lowest recorded value was 123.39 billion in 2016.
How does Namibia rank for liabilities, insurance technical reserves (ofcs)?
Namibia ranks 27th out of 65 countries with data for 2024.
Is liabilities, insurance technical reserves (ofcs) rising or falling in Namibia?
Over the last ten years it is up 34.3%. The long-run trend across the full record is rising.
Where does this Namibia data come from?
The figures come from International Monetary Fund, published as part of Liabilities, Insurance Technical Reserves (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.

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Liabilities, Insurance Technical Reserves (OFCS) in Namibia. Statizoid, drawing on International Monetary Fund. Retrieved 19 August 2026, from https://debt.statizoid.com/stat/liabilities-insurance-technical-reserves-ofcs-domestic-currency/namibia/

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About this data

Indicator
Liabilities, Insurance Technical Reserves (OFCS) (Domestic currency)
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
65 places, 1,123 data points, 2001–2025
Last refreshed

The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.