Namibia NA: Average Transaction Cost of Sending Remittances to a Specific Country

2016 - 2017 | Yearly | % | World Bank

Namibia NA: Average Transaction Cost of Sending Remittances to a Specific Country data was reported at 27.645 % in 2017. This records an increase from the previous number of 16.688 % for 2016. Namibia NA: Average Transaction Cost of Sending Remittances to a Specific Country data is updated yearly, averaging 22.167 % from Dec 2016 (Median) to 2017, with 2 observations. The data reached an all-time high of 27.645 % in 2017 and a record low of 16.688 % in 2016. Namibia NA: Average Transaction Cost of Sending Remittances to a Specific Country data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Namibia – Table NA.World Bank.WDI: Payment System. Average transaction cost of sending remittance to a specific country is the average of the total transaction cost in percentage of the amount sent for sending USD 200 charged by each single remittance service provider (RSP) included in the Remittance Prices Worldwide (RPW) database to a specific country.; ; World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org; Unweighted average;

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Namibia Namibia NA: Average Transaction Cost of Sending Remittances to a Specific Country

What was Namibia's Namibia NA: Average Transaction Cost of Sending Remittances to a Specific Country in 2017?

Last	Previous	Min	Max	Unit	Frequency	Range
27.64 2017	16.69 2016	16.69 2016	27.64 2017	%	yearly	2016 - 2017

Related Indicators for Namibia NA: Average Transaction Cost of Sending Remittances to a Specific Country

Related indicators	Last	Frequency	Range
Namibia NA: Average Transaction Cost of Sending Remittances to a Specific Countr... (%)	27.64 2017	yearly	2016 - 2017
Namibia NA: Automated Teller Machines (ATMs): per 100,000 Adults (Number)	64.41 2016	yearly	2006 - 2016

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Namibia Key Series

National Accounts	Last	Frequency	Range
Forecast: GDP PPP Per Capita (PPP Intl $)	13,064.834 2028	yearly	1990 - 2028
Forecast: Nominal GDP Per Capita (USD)	5,688.430 2027	yearly	1990 - 2027
Forecast: Real GDP Growth (%)	2.484 2027	yearly	1991 - 2027

Government and Public Finance	Last	Frequency	Range
Forecast: Government Expenditure (NAD bn)	106.487 2024	yearly	1990 - 2024
Forecast: Government Net Debt (NAD bn)	170.344 2024	yearly	1993 - 2024
Forecast: Government Revenue (NAD bn)	89.606 2024	yearly	1990 - 2024

Demographic and Labour Market	Last	Frequency	Range
Forecast: Population (Person mn)	2.895 2028	yearly	1990 - 2028
Forecast: Unemployment Rate (%)	0.000	yearly	-

Inflation	Last	Frequency	Range
Forecast: Consumer Price Index Growth (%)	4.622 2028	yearly	1991 - 2028

Balance of Payments	Last	Frequency	Range
Forecast: Current Account Balance (USD bn)	-1.937 2029	yearly	1990 - 2029

More Indicators for Namibia

Indicators	Last	Frequency	Range
Namibia NA: Renewable Internal Freshwater Resources: Total: Billion Cubic Meters (Cub m bn)	6.16 2014	yearly	1962 - 2014
Namibia NA: Renewable Internal Freshwater Resources per Capita (Cub m)	2,598.07 2014	yearly	1962 - 2014
Namibia NA: Marine Protected Areas: % of Total Surface Area (%)	1.71 2016	yearly	1990 - 2016
Namibia NA: Bank Non-Performing Loans to Total Gross Loans (%)	2.49 2017	yearly	2010 - 2017
Namibia NA: Bank Capital to Assets Ratio (%)	11.73 2017	yearly	2010 - 2017
Namibia NA: Bank Liquid Reserves: to Bank Assets Ratio (%)	9.10 2017	yearly	2001 - 2017
Namibia NA: Total Reserves: Including Gold (USD mn)	2,432.22 2017	yearly	1992 - 2017
Namibia NA: Total Reserves: Months of Imports (NA)	4.48 2017	yearly	1992 - 2017
Namibia NA: Total Reserves: Excluding Gold (USD mn)	2,432.22 2017	yearly	1992 - 2017
Namibia NA: Domestic Credit: Net (NAD mn)	106,207.82 2017	yearly	1990 - 2017
Namibia NA: Foreign Assets: Net (NAD mn)	29,168.07 2017	yearly	1990 - 2017
Namibia NA: Deposit Interest Rate (% pa)	5.90 2017	yearly	1991 - 2017
Namibia NA: Lending Interest Rate (% pa)	10.04 2017	yearly	1991 - 2017
Namibia NA: Interest Rate Spread (% pa)	4.14 2017	yearly	1991 - 2017
Namibia NA: Real Interest Rate (% pa)	3.02 2017	yearly	1991 - 2017
Namibia NA: Risk Premium on Lending: Lending Rate Minus Treasury Bill Rate (% pa)	2.86 2013	yearly	1992 - 2013
Namibia NA: Domestic Credit: Provided by Financial Sector: % of GDP (%)	78.86 2017	yearly	1990 - 2017
Namibia NA: Domestic Credit: to Private Sector: % of GDP (%)	63.80 2017	yearly	1990 - 2017
Namibia NA: Grants and Other Revenue (NAD mn)	3,535.56 2017	yearly	1991 - 2017
Namibia NA: Grants and Other Revenue: % of Revenue (%)	6.93 2017	yearly	1991 - 2017
Namibia NA: Revenue Excluding Grants (NAD mn)	50,840.45 2017	yearly	1991 - 2017
Namibia NA: Revenue Excluding Grants: % of GDP (%)	30.56 2017	yearly	1991 - 2017
Namibia NA: Revenue and Grants: Revenue: Taxes on Goods and Services (NAD mn)	12,786.62 2017	yearly	1991 - 2017
Namibia NA: Revenue and Grants: Revenue: Taxes on Goods and Services: % of Reven... (%)	25.07 2017	yearly	1991 - 2017
Namibia NA: Revenue and Grants: Revenue: Taxes on Goods and Services: % Value Ad... (%)	9.12 2017	yearly	1991 - 2017
Namibia NA: Revenue and Grants: Revenue: Customs and Other Import Duties (NAD mn)	14,070.73 2017	yearly	1991 - 2017
Namibia NA: Revenue and Grants: Revenue: Customs and Other Import Duties: % of T... (%)	29.64 2017	yearly	1991 - 2017
Namibia NA: Revenue and Grants: Revenue: Taxes on International Trade (NAD mn)	14,070.73 2017	yearly	1991 - 2017
Namibia NA: Revenue and Grants: Revenue: Taxes on International Trade: % of Reve... (%)	27.59 2017	yearly	1991 - 2017
Namibia NA: Revenue and Grants: Revenue: Tax Revenue (NAD mn)	47,464.18 2017	yearly	1991 - 2017
Namibia NA: Revenue and Grants: Revenue: Tax Revenue: % of GDP (%)	28.53 2017	yearly	1991 - 2017
Namibia NA: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Ga... (NAD mn)	20,606.83 2017	yearly	1991 - 2017
Namibia NA: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Ga... (%)	40.41 2017	yearly	1991 - 2017
Namibia NA: Revenue and Grants: Revenue: Taxes on Income: Profits and Capital Ga... (%)	43.42 2017	yearly	1991 - 2017
Namibia NA: Expenditure: Compensation of Employees (NAD mn)	26,684.13 2017	yearly	1991 - 2017
Namibia NA: Expenditure: Compensation of Employees: % of Expenditure (%)	47.79 2017	yearly	1992 - 2017
Namibia NA: Expenditure: Goods and Services Expenditure (NAD mn)	7,923.83 2017	yearly	1991 - 2017
Namibia NA: Expenditure: Goods and Services Expenditure: % of Expenditure (%)	14.19 2017	yearly	1992 - 2017
Namibia NA: Expenditure: Interest Payments (NAD mn)	4,310.12 2017	yearly	1991 - 2017
Namibia NA: Expenditure: Interest Payments: % of Revenue (%)	8.45 2017	yearly	1991 - 2017
Namibia NA: Expenditure: Interest Payments: % of Expenditure (%)	7.72 2017	yearly	1992 - 2017
Namibia NA: Expenditure: Other Expenditure (NAD mn)	154.65 2017	yearly	1992 - 2017
Namibia NA: Expenditure: Other Expenditure: % of GDP (%)	0.28 2017	yearly	1992 - 2017
Namibia NA: Expenditure (NAD mn)	55,833.77 2017	yearly	1992 - 2017
Namibia NA: Expenditure: % of GDP (%)	33.56 2017	yearly	1992 - 2017
Namibia NA: Expenditure: Subsidies and Other Transfers (NAD mn)	16,761.03 2017	yearly	1991 - 2017
Namibia NA: Expenditure: Subsidies and Other Transfers: % of Expenditure (%)	30.02 2017	yearly	2001 - 2017
Namibia NA: Business Extent of Disclosure Index (NA)	5.00 2017	yearly	2005 - 2017
Namibia NA: Ease of Doing Business Index: 1=Most Business-friendly Regulations (NA)	106.00 2017	yearly	2017 - 2017
Namibia NA: Depth of Credit Information Index: 0=Low To 8=High (NA)	7.00 2017	yearly	2013 - 2017
Namibia NA: Private Credit Bureau Coverage: % of Adults (%)	61.00 2017	yearly	2004 - 2017
Namibia NA: Public Credit Registry Coverage: % of Adults (%)	0.00 2017	yearly	2004 - 2017
Namibia NA: Average Time to Clear Exports Through Customs (Day)	8.20 2014	yearly	2006 - 2014
Namibia NA: Cost to Exports: USD per Container (USD)	1,650.00 2014	yearly	2005 - 2014
Namibia NA: Exports: Number of Documents (Number)	8.00 2014	yearly	2005 - 2014
Namibia NA: Exports: Lead Time (Day)	24.00 2014	yearly	2005 - 2014
Namibia NA: Firms using Banks to Finance Investment: % of Firms (%)	33.50 2014	yearly	2006 - 2014
Namibia NA: Informal Payments to Public Officials: % of Firms (%)	4.60 2014	yearly	2006 - 2014
Namibia NA: Losses Due To Theft and Vandalism: % of Annual Sales for Affected Fi... (%)	12.50 2014	yearly	2006 - 2014
Namibia NA: Time Required to Obtain an Operating License (Day)	24.40 2014	yearly	2006 - 2014
Namibia NA: Firms with Female Participation in Ownership: % of Firms (%)	41.00 2014	yearly	2006 - 2014
Namibia NA: Value Lost Due to Electrical Outages: % of Sales for Affected Firms (%)	4.80 2014	yearly	2006 - 2014
Namibia NA: Firms Offering Formal Training: % of Firms (%)	25.40 2014	yearly	2006 - 2014
Namibia NA: Time Spent Dealing with the Requirements of Government Regulations: ... (%)	3.10 2014	yearly	2006 - 2014
Namibia NA: Cost to Imports: USD per Container (USD)	1,805.00 2014	yearly	2005 - 2014
Namibia NA: Imports: Number of Documents (Number)	7.00 2014	yearly	2005 - 2014
Namibia NA: Imports: Lead Time (Day)	20.00 2014	yearly	2005 - 2014
Namibia NA: Time to Resolve Insolvency (Year)	2.50 2017	yearly	2003 - 2017
Namibia NA: Strength of Legal Rights Index: 0=Weak To 12=Strong (NA)	5.00 2017	yearly	2013 - 2017
Namibia NA: Time Required to Enforce a Contract (Day)	460.00 2017	yearly	2003 - 2017
Namibia NA: Time Required to Register Property (Day)	52.00 2017	yearly	2004 - 2017
Namibia NA: Procedures to Register Property (Number)	8.00 2017	yearly	2004 - 2017
Namibia NA: Cost of Business Start-Up Procedures: % of GNI per Capita (%)	11.30 2017	yearly	2003 - 2017
Namibia NA: Time Required to Start a Business (Day)	66.00 2017	yearly	2003 - 2017
Namibia NA: Start-Up Procedures to Register a Business (Number)	10.00 2017	yearly	2003 - 2017
Namibia NA: Time to Prepare and Pay Taxes (Hour)	302.00 2017	yearly	2005 - 2017
Namibia NA: Number of Visits or Required Meetings with Tax Officials: Average fo... (NA)	2.00 2014	yearly	2006 - 2014
Namibia NA: Tax Payments (Number)	27.00 2017	yearly	2005 - 2017
Namibia NA: Total Tax Rate: % of Profit (%)	20.70 2017	yearly	2005 - 2017
Namibia NA: Time Required to Build a Warehouse (Day)	160.00 2017	yearly	2005 - 2017
Namibia NA: Procedures to Build a Warehouse (Number)	12.00 2017	yearly	2005 - 2017
Namibia NA: Scientific and Technical Journal Articles (Unit)	107.70 2016	yearly	2003 - 2016
Namibia NA: Trademark Applications: Direct Nonresident (Unit)	1,028.00 2016	yearly	1990 - 2016
Namibia NA: Trademark Applications: Direct Resident (Unit)	1,611.00 2015	yearly	1990 - 2015
Namibia NA: Trademark Applications: Total (Unit)	3,090.00 2016	yearly	1990 - 2016
Namibia NA: Burden of Customs Procedure: WEF: 1=Extremely Inefficient To 7=Extre... (NA)	4.20 2017	yearly	2007 - 2017
Namibia NA: Quality of Port Infrastructure: WEF: 1=Extremely Underdeveloped To 7... (NA)	5.20 2017	yearly	2007 - 2017
Namibia NA: Air Transport: Registered Carrier Departures Worldwide (Unit)	13,876.00 2017	yearly	1991 - 2017
Namibia NA: Air Transport: Freight (Ton-km mn)	22.21 2017	yearly	1991 - 2017
Namibia NA: Air Transport: Passengers Carried (Person)	623,076.00 2017	yearly	1991 - 2017
Namibia NA: Liner Shipping Connectivity Index: Maximum Value In 2004 = 100 (NA)	14.32 2016	yearly	2004 - 2016
Namibia NA: Fixed Telephone Subscriptions (Unit)	187,853.00 2016	yearly	1960 - 2016
Namibia NA: Fixed Telephone Subscriptions: per 100 People (Number)	7.58 2016	yearly	1960 - 2016
Namibia NA: Fixed Broadband Internet Subscribers (Person)	64,343.00 2016	yearly	2005 - 2016
Namibia NA: Fixed Broadband Internet Subscribers: per 100 People (Ratio)	2.59 2016	yearly	2005 - 2016
Namibia NA: Secure Internet Servers (Unit)	287.00 2017	yearly	2010 - 2017
Namibia NA: Secure Internet Servers: per 1 Million People (Number)	113.27 2017	yearly	2010 - 2017
Namibia NA: Exports: Lead Time: Median Case (Day)	3.00 2016	yearly	2007 - 2016
Namibia NA: Imports: Lead Time: Median Case (Day)	3.00 2016	yearly	2007 - 2016
Namibia NA: Logistics Performance Index: 1=Low To 5=High: Efficiency of Customs ... (NA)	2.65 2016	yearly	2007 - 2016

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