Taxes on international trade (current LCU) in Namibia
Namibia: Taxes on international trade (current LCU) was 29.08 billion current LCU in 2024. ◆ Volatile
Taxes on international trade in Namibia, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for taxes on international trade in Namibia is 29.08 billion current LCU, measured in 2024. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 16.9% on the previous year and up 60.5% over ten years.
Over the whole period, taxes on international trade in Namibia peaked at 29.08 billion current LCU in 2024 and was at its lowest, 507.50 million current LCU, in 1990.
That places Namibia 57th out of 155 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on international trade (current LCU) in Namibia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 507.50 million current LCU | — |
| 1991 | 1.04 billion current LCU | +104.3% |
| 1992 | 829.10 million current LCU | -20.0% |
| 1993 | 896.10 million current LCU | +8.1% |
| 1994 | 905.50 million current LCU | +1.0% |
| 1995 | 1.16 billion current LCU | +27.6% |
| 1996 | 1.35 billion current LCU | +16.7% |
| 1997 | 1.56 billion current LCU | +15.7% |
| 1998 | 1.81 billion current LCU | +15.7% |
| 1999 | 2.24 billion current LCU | +24.1% |
| 2000 | 2.88 billion current LCU | +28.4% |
| 2001 | 2.64 billion current LCU | -8.2% |
| 2002 | 2.60 billion current LCU | -1.7% |
| 2003 | 3.04 billion current LCU | +16.9% |
| 2004 | 4.21 billion current LCU | +38.6% |
| 2005 | 3.89 billion current LCU | -7.5% |
| 2006 | 6.70 billion current LCU | +72.1% |
| 2007 | 8.09 billion current LCU | +20.7% |
| 2008 | 8.50 billion current LCU | +5.2% |
| 2009 | 8.59 billion current LCU | +1.0% |
| 2010 | 5.98 billion current LCU | -30.4% |
| 2011 | 7.14 billion current LCU | +19.4% |
| 2012 | 13.80 billion current LCU | +93.3% |
| 2013 | 14.73 billion current LCU | +6.7% |
| 2014 | 18.12 billion current LCU | +23.0% |
| 2015 | 17.35 billion current LCU | -4.2% |
| 2016 | 14.11 billion current LCU | -18.7% |
| 2017 | 19.67 billion current LCU | +39.5% |
| 2018 | 17.69 billion current LCU | -10.1% |
| 2019 | 19.24 billion current LCU | +8.7% |
| 2020 | 22.10 billion current LCU | +14.9% |
| 2021 | 15.09 billion current LCU | -31.7% |
| 2022 | 14.67 billion current LCU | -2.8% |
| 2023 | 24.88 billion current LCU | +69.6% |
| 2024 | 29.08 billion current LCU | +16.9% |
Namibia compared with similar countries
- Namibia's 29.08 billion current LCU is above the median for lower middle income countries, which is 21.87 billion current LCU, 1.3× the median. (37 countries reporting)
- Namibia's 29.08 billion current LCU is below the median for Sub-Saharan Africa, which is 106.94 billion current LCU, 27% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.23 billion current LCU | 507.50 million current LCU | 2.24 billion current LCU | 10 |
| 2000s | 5.11 billion current LCU | 2.60 billion current LCU | 8.59 billion current LCU | 10 |
| 2010s | 14.78 billion current LCU | 5.98 billion current LCU | 19.67 billion current LCU | 10 |
| 2020s | 21.17 billion current LCU | 14.67 billion current LCU | 29.08 billion current LCU | 5 |
Countries ranked near Namibia
- 54 Afghanistan 45.92 billion current LCU compare
- 55 Kyrgyzstan 41.99 billion current LCU compare
- 56 Uruguay 35.16 billion current LCU compare
- 58 Niger 28.16 billion current LCU
- 59 Guinea-Bissau 27.51 billion current LCU compare
- 60 Equatorial Guinea 25.61 billion current LCU compare
More public sector data for Namibia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Arms imports 0 SIPRI trend indicator values (2025)
- Arms imports (SIPRI trend indicator values), per capita 17.82 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.004 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate -77.78 % change on previous year (2014)
Frequently asked questions
- What is taxes on international trade in Namibia?
- Taxes on international trade in Namibia was 29.08 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Namibia?
- The highest recorded value was 29.08 billion current LCU in 2024.
- What is the lowest taxes on international trade recorded in Namibia?
- The lowest recorded value was 507.50 million current LCU in 1990.
- How does Namibia rank for taxes on international trade?
- Namibia ranks 57th out of 155 countries with data for 2024.
- Is taxes on international trade rising or falling in Namibia?
- Over the last ten years it is up 60.5%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Taxes on international trade (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.