Net (assets minus liabilities), Other items (Net) (OFCS) … Net, OFCS in Namibia
Namibia: Net (assets minus liabilities), Other items (Net) (OFCS) … Net, OFCS was -18.72 billion in 2024. ▼ Falling
Net (assets minus liabilities), Other items (Net) (OFCS) in Namibia, 2015–2024
Source: International Monetary Fund.
Analysis
The most recent figure for net (assets minus liabilities), other items (net) (ofcs) in Namibia is -18.72 billion, measured in 2024.
Compared with earlier readings it is up 7.1% on the previous year and down 70.4% over ten years.
Over the whole period, net (assets minus liabilities), other items (net) (ofcs) in Namibia peaked at -3.17 billion in 2021 and was at its lowest, -29.25 billion, in 2022.
That places Namibia 39th out of 66 countries with data for 2024, putting it in the middle of the range.
Net (assets minus liabilities), Other items (Net) (OFCS) … Net, OFCS in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | -10.99 billion | — |
| 2016 | -8.60 billion | -21.7% |
| 2017 | -12.26 billion | +42.5% |
| 2018 | -12.81 billion | +4.6% |
| 2019 | -17.13 billion | +33.7% |
| 2020 | -19.33 billion | +12.9% |
| 2021 | -3.17 billion | -83.6% |
| 2022 | -29.25 billion | +823.3% |
| 2023 | -20.15 billion | -31.1% |
| 2024 | -18.72 billion | -7.1% |
Namibia compared with similar countries
- Namibia's -18.72 billion is below the median for lower middle income countries, which is -2.62 billion, 7.2× the median. (18 countries reporting)
- Namibia's -18.72 billion is above the median for Sub-Saharan Africa, which is -32.03 billion, 58% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -12.36 billion | -17.13 billion | -8.60 billion | 5 |
| 2020s | -18.12 billion | -29.25 billion | -3.17 billion | 5 |
Countries ranked near Namibia
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 minus liabilities), other items (net) (ofcs) in Namibia?
- Net (assets minus liabilities), other items (net) (ofcs) in Namibia was -18.72 billion in 2024, according to International Monetary Fund.
- What is the highest net (assets minus liabilities), other items (net) (ofcs) recorded in Namibia?
- The highest recorded value was -3.17 billion in 2021.
- What is the lowest net (assets minus liabilities), other items (net) (ofcs) recorded in Namibia?
- The lowest recorded value was -29.25 billion in 2022.
- How does Namibia rank for net (assets minus liabilities), other items (net) (ofcs)?
- Namibia ranks 39th out of 66 countries with data for 2024.
- Is net (assets minus liabilities), other items (net) (ofcs) rising or falling in Namibia?
- Over the last ten years it is down 70.4%. The long-run trend across the full record is falling.
- Where does this Namibia data come from?
- The figures come from International Monetary Fund, published as part of Net (assets minus liabilities), Other items (Net) (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.