Broad money growth in Namibia

Namibia: Broad money growth was 6.8% in 2021. ◆ Volatile

Latest (2021)
6.8%
Change on year
down 16.3%
World rank
114th
of 166 countries
All-time high
59.6%
in 2009
All-time low
2.1%
in 2003
Years of data
31
1991–2021

Broad money growth in Namibia, 1991–2021

02040601991200620211991: 30.3 annual %1992: 46.6 annual %1993: 19.4 annual %1994: 30.9 annual %1995: 22.6 annual %1996: 24.1 annual %1997: 8.1 annual %1998: 10.5 annual %1999: 19.5 annual %2000: 13.2 annual %2001: 6.2 annual %2002: 15.4 annual %2003: 2.1 annual %2004: 22.5 annual %2005: 5.1 annual %2006: 29.7 annual %2007: 16.1 annual %2008: 13.3 annual %2009: 59.6 annual %2010: 10.5 annual %2011: 11.7 annual %2012: 4.1 annual %2013: 12.8 annual %2014: 7.8 annual %2015: 9.1 annual %2016: 6.1 annual %2017: 14 annual %2018: 6.4 annual %2019: 10.5 annual %2020: 8.1 annual %2021: 6.8 annual %

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.

Analysis

In 2021, broad money growth in Namibia stood at 6.8%.

Compared with earlier readings it is down 16.3% on the previous year and down 42.1% over ten years.

Over the whole period, broad money growth in Namibia peaked at 59.6% in 2009 and was at its lowest, 2.1%, in 2003.

Namibia ranks 114th of 166 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 23.6% 8.1% 46.6% 9
2000s 18.3% 2.1% 59.6% 10
2010s 9.3% 4.1% 14.0% 10
2020s 7.4% 6.8% 8.1% 2

Countries ranked near Namibia

  1. 111 Palestine 7.1% compare
  2. 112 Belarus 7.0% compare
  3. 113 China 6.8% compare
  4. 115 Australia 6.7% compare
  5. 116 South Korea 6.6% compare
  6. 117 Israel 6.4% compare

See the full ranking of 166 places →

More financial sector data for Namibia

All data for Namibia →

Frequently asked questions

What is broad money growth in Namibia?
Broad money growth in Namibia was 6.8% in 2021, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest broad money growth recorded in Namibia?
The highest recorded value was 59.6% in 2009.
What is the lowest broad money growth recorded in Namibia?
The lowest recorded value was 2.1% in 2003.
How does Namibia rank for broad money growth?
Namibia ranks 114th out of 166 countries with data for 2021.
Is broad money growth rising or falling in Namibia?
Over the last ten years it is down 42.1%. The long-run trend across the full record is volatile.
Where does this Namibia data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Broad money growth (annual %). Statizoid updates them automatically from the source API.

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About this data

Indicator
Broad money growth (annual %)
Unit
annual %
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
166 places, 8,338 data points, 1961–2025
Last refreshed

Broad money is the sum of all liquid financial instruments held by money-holding sectors that are widely accepted in an economy as a medium of exchange, plus those that can be converted into a medium of exchange at short notice at, or close to, their full nominal value. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.