🇳🇦 Namibia Terms of trade adjustment

Namibia Terms of trade adjustment was $20.22B in 2024, up 7.4% from 2023, according to World Bank data. The 10-year average is $9.55B. Historical data available from 1980 to 2024 (45 data points). The all-time high was $20.22B in 2024.

Source: World Bank World Development Indicators • 1980202445 data pointsEconomy & Growth

Latest Value
$20.22B
2024
Year-on-Year
+7.4%
vs 2023
10-Year Average
$9.55B
20152024
Range
High: $20.22B (2024)
Low: -13,539,062,456 (2004)

Namibia Terms of trade adjustment (constant LCU)1980 to 2024

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About this Indicator

The terms of trade adjustment is equal to the capacity to import (current price value of exports of goods and services deflated by the import price index) less exports of goods and services in constant prices. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

Historical Data Table

YearValue
2024$20.22B
2023$18.83B
2022$15.13B
2021$6.60B
2020$8.02B
2019$8.79B
2018$6.16B
2017$7.29B
2016$4.42B
2015-143,488

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