Net (assets less liabilities), Net foreign assets (OFCS) (Domestic) in Namibia
Namibia: Net (assets less liabilities), Net foreign assets (OFCS) (Domestic) was 102.50 billion in 2024. ▲ Rising
Net (assets less liabilities), Net foreign assets (OFCS) in Namibia, 2015–2024
Source: International Monetary Fund.
Analysis
In 2024, net (assets less liabilities), net foreign assets (ofcs) in Namibia stood at 102.50 billion. That is the highest value across all 10 years on record.
That represents a change of up 3.6% on the previous year and up 24.4% over ten years.
Over the whole period, net (assets less liabilities), net foreign assets (ofcs) in Namibia peaked at 102.50 billion in 2024 and was at its lowest, 75.86 billion, in 2016.
That places Namibia 19th out of 66 countries with data for 2024, putting it in the middle of the range.
Net (assets less liabilities), Net foreign assets (OFCS) (Domestic) in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 82.36 billion | — |
| 2016 | 75.86 billion | -7.9% |
| 2017 | 81.83 billion | +7.9% |
| 2018 | 94.28 billion | +15.2% |
| 2019 | 86.51 billion | -8.2% |
| 2020 | 80.26 billion | -7.2% |
| 2021 | 83.89 billion | +4.5% |
| 2022 | 95.77 billion | +14.2% |
| 2023 | 98.95 billion | +3.3% |
| 2024 | 102.50 billion | +3.6% |
Namibia compared with similar countries
- Namibia's 102.50 billion is above the median for lower middle income countries, which is 3.39 billion, 30.2× the median. (18 countries reporting)
- Namibia's 102.50 billion is above the median for Sub-Saharan Africa, which is 71.30 billion, 1.4× the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 84.17 billion | 75.86 billion | 94.28 billion | 5 |
| 2020s | 92.27 billion | 80.26 billion | 102.50 billion | 5 |
Countries ranked near Namibia
- 16 New Zealand 193.55 billion compare
- 17 Uruguay 175.94 billion compare
- 18 Kenya 153.42 billion compare
- 20 Botswana 98.23 billion compare
- 21 Trinidad and Tobago 65.64 billion compare
- 22 North Macedonia 61.66 billion 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 net (assets less liabilities), net foreign assets (ofcs) in Namibia?
- Net (assets less liabilities), net foreign assets (ofcs) in Namibia was 102.50 billion in 2024, according to International Monetary Fund.
- What is the highest net (assets less liabilities), net foreign assets (ofcs) recorded in Namibia?
- The highest recorded value was 102.50 billion in 2024.
- What is the lowest net (assets less liabilities), net foreign assets (ofcs) recorded in Namibia?
- The lowest recorded value was 75.86 billion in 2016.
- How does Namibia rank for net (assets less liabilities), net foreign assets (ofcs)?
- Namibia ranks 19th out of 66 countries with data for 2024.
- Is net (assets less liabilities), net foreign assets (ofcs) rising or falling in Namibia?
- Over the last ten years it is up 24.4%. 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 Net (assets less liabilities), Net foreign assets (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
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.