What is the difference in borrowers from commercial banks between Latvia and Namibia?

6.99 per 1,000 adults, with Latvia ahead.

How many years of comparable data are there for Latvia and Namibia?

17 years are reported by both, from 2008 to 2024.

Where does this data come from?

Financial Access Survey, International Monetary Fund (IMF), published as Borrowers from commercial banks (per 1,000 adults). Statizoid refreshes it automatically from the source and publishes the full history for both places.

Latvia vs Namibia: Borrowers from commercial banks

Latvia

304.1 per 1,000 adults

in 2024

Namibia

297.11 per 1,000 adults

in 2024

Latvia rank

40th

Namibia rank

41st

Borrowers from commercial banks over time

Latvia
Namibia

How they compare

Latvia currently reports 304.1 per 1,000 adults against 297.11 per 1,000 adults in Namibia, a difference of 6.99 per 1,000 adults.

The two have swapped places 2 times across 17 shared years of data; in 2008 it was Latvia ahead.

Latvia ranks 40th and Namibia ranks 41st of 113 countries.

Across the 3 decades both report, Latvia averaged higher in 2 and Namibia in 1.

Head to head by decade

Decade	Latvia	Namibia	Difference	Ahead
2000s	329.46 per 1,000 adults	50.34 per 1,000 adults	279.11 per 1,000 adults	Latvia
2010s	345.89 per 1,000 adults	235.62 per 1,000 adults	110.27 per 1,000 adults	Latvia
2020s	293.77 per 1,000 adults	296.18 per 1,000 adults	2.41 per 1,000 adults	Namibia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher borrowers from commercial banks, Latvia or Namibia?: Latvia, at 304.1 per 1,000 adults against 297.11 per 1,000 adults in Namibia as of 2024.
What is the difference in borrowers from commercial banks between Latvia and Namibia?: 6.99 per 1,000 adults, with Latvia ahead.
How many years of comparable data are there for Latvia and Namibia?: 17 years are reported by both, from 2008 to 2024.
How do Latvia and Namibia rank globally for borrowers from commercial banks?: Latvia ranks 40th and Namibia ranks 41st of 113 countries.
Where does this data come from?: Financial Access Survey, International Monetary Fund (IMF), published as Borrowers from commercial banks (per 1,000 adults). Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Latvia vs Namibia: Borrowers from commercial banks. Statizoid, drawing on Financial Access Survey, International Monetary Fund (IMF). Retrieved 03 September 2026, from https://financial-sector.statizoid.com/compare/borrowers-from-commercial-banks-per-1-000-adults/latvia/namibia/

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<a href="https://financial-sector.statizoid.com/compare/borrowers-from-commercial-banks-per-1-000-adults/latvia/namibia/">Latvia vs Namibia: Borrowers from commercial banks</a> — Statizoid

About this data

Indicator: Borrowers from commercial banks (per 1,000 adults)
Unit: per 1,000 adults
Source: Financial Access Survey, International Monetary Fund (IMF)
Licence: CC BY 4.0 (World Bank Open Data)
Coverage: 148 places, 2,388 data points, 2004–2024
Last refreshed: 03 September 2026

Borrowers from commercial banks are the reported number of resident customers that are nonfinancial corporations (public and private) and households who obtained loans from commercial banks and other banks functioning as commercial banks.