Namibia recorded a Current Account deficit of 1053.40 NAD Million in the third quarter of 2019. Current Account in Namibia averaged -923.47 NAD Million from 1999 until 2019, reaching an all time high of 2409 NAD Million in the fourth quarter of 2006 and a record low of -7961.10 NAD Million in the fourth quarter of 2016. source: Bank of Namibia
Current Account in Namibia is expected to be -850.00 NAD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Namibia to stand at -420.00 in 12 months time. In the long-term, the Namibia Current Account is projected to trend around -1000.00 NAD Million in 2020, according to our econometric models.