Commercial bank branches in Namibia
Namibia: Commercial bank branches was 7.91 per 100,000 adults in 2024. ▼ Falling
Commercial bank branches in Namibia, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 100,000 adults.
Analysis
The most recent figure for commercial bank branches in Namibia is 7.91 per 100,000 adults, measured in 2024.
Compared with earlier readings it is up 10.5% on the previous year and down 40.2% over ten years.
Over the whole period, commercial bank branches in Namibia peaked at 14.86 per 100,000 adults in 2016 and was at its lowest, 7.16 per 100,000 adults, in 2023.
That places Namibia 121st out of 185 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.99 per 100,000 adults | 10.99 per 100,000 adults | 12.71 per 100,000 adults | 6 |
| 2010s | 12.37 per 100,000 adults | 10.01 per 100,000 adults | 14.86 per 100,000 adults | 10 |
| 2020s | 8.46 per 100,000 adults | 7.16 per 100,000 adults | 10.09 per 100,000 adults | 5 |
Countries ranked near Namibia
- 118 Guyana 7.98 per 100,000 adults compare
- 119 South Africa 7.98 per 100,000 adults compare
- 120 Botswana 7.95 per 100,000 adults compare
- 122 Malaysia 7.72 per 100,000 adults compare
- 123 Saudi Arabia 7.19 per 100,000 adults compare
- 124 United Arab Emirates 7.09 per 100,000 adults compare
More financial sector data for Namibia
- Domestic credit to private sector 55.1% (2024)
- Claims on central government, etc. 18.1% (2025)
- Total reserves in months of imports 3.96 (2024)
- Net domestic credit 179.55 billion current LCU (2025)
- Net foreign assets 74.34 billion current LCU (2025)
- Broad money 72.6% (2021)
- Domestic credit to private sector by banks 46.1% (2025)
- Official exchange rate 17.89 LCU per US$, period average (2025)
- Monetary Sector credit to private sector 46.2% (2025)
- Net migration 1,866 (2025)
Frequently asked questions
- What is commercial bank branches in Namibia?
- Commercial bank branches in Namibia was 7.91 per 100,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest commercial bank branches recorded in Namibia?
- The highest recorded value was 14.86 per 100,000 adults in 2016.
- What is the lowest commercial bank branches recorded in Namibia?
- The lowest recorded value was 7.16 per 100,000 adults in 2023.
- How does Namibia rank for commercial bank branches?
- Namibia ranks 121st out of 185 countries with data for 2024.
- Is commercial bank branches rising or falling in Namibia?
- Over the last ten years it is down 40.2%. The long-run trend across the full record is falling.
- Where does this Namibia data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Commercial bank branches (per 100,000 adults). Statizoid updates them automatically from the source API.
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CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Commercial bank branches are retail locations of resident commercial banks and other resident banks that function as commercial banks that provide financial services to customers and are physically separated from the main office but not organized as legally separated subsidiaries.