Namibia recorded a Current Account deficit of 15.30 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Namibia averaged -1.01 percent of GDP from 1990 until 2024, reaching an all time high of 13.80 percent of GDP in 2006 and a record low of -16.10 percent of GDP in 2016. source: Bank of Namibia
Current Account to GDP in Namibia is expected to reach -16.00 percent of GDP by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Current Account to GDP is projected to trend around -17.00 percent of GDP in 2026 and -13.00 percent of GDP in 2027, according to our econometric models.