Lending interest rate in Namibia
Namibia: Lending interest rate was 11.0% in 2024. ▼ Falling
Lending interest rate in Namibia, 1991–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in %.
Analysis
Namibia recorded 11.0% for lending interest rate in 2024.
That represents a change of up 0.3% on the previous year and up 26.0% over ten years.
Over the whole period, lending interest rate in Namibia peaked at 23.4% in 1991 and was at its lowest, 6.9%, in 2021.
That places Namibia 55th out of 148 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 19.5% | 17.1% | 23.4% | 9 |
| 2000s | 12.9% | 10.6% | 15.3% | 10 |
| 2010s | 9.3% | 8.3% | 10.1% | 10 |
| 2020s | 9.0% | 6.9% | 11.0% | 5 |
Countries ranked near Namibia
More financial sector data for Namibia
- Net migration 1,866 (2025)
- Total reserves in months of imports 3.96 (2024)
- Net domestic credit 179.55 billion current LCU (2025)
- Domestic credit to private sector by banks 46.1% (2025)
- Net foreign assets 74.34 billion current LCU (2025)
- Claims on central government, etc. 18.1% (2025)
- Monetary Sector credit to private sector 46.2% (2025)
- Domestic credit to private sector 55.1% (2024)
- Broad money 72.6% (2021)
- Official exchange rate 17.89 LCU per US$, period average (2025)
Frequently asked questions
- What is lending interest rate in Namibia?
- Lending interest rate in Namibia was 11.0% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest lending interest rate recorded in Namibia?
- The highest recorded value was 23.4% in 1991.
- What is the lowest lending interest rate recorded in Namibia?
- The lowest recorded value was 6.9% in 2021.
- How does Namibia rank for lending interest rate?
- Namibia ranks 55th out of 148 countries with data for 2024.
- Is lending interest rate rising or falling in Namibia?
- Over the last ten years it is up 26.0%. The long-run trend across the full record is falling.
- Where does this Namibia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Lending interest rate (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.