Namibia vs South Africa: Lending interest rate
Namibia
11.0%
in 2024
South Africa
10.7%
in 2025
Namibia rank
55th
South Africa rank
58th
Lending interest rate over time
- Namibia
- South Africa
How they compare
Namibia currently reports 11.0% against 10.7% in South Africa, a difference of 0.3%.
The two have swapped places 13 times across 34 shared years of data; in 1991 it was Namibia ahead.
Namibia ranks 55th and South Africa ranks 58th of 148 countries.
Across the 4 decades both report, Namibia averaged higher in 1 and South Africa in 3.
Head to head by decade
| Decade | Namibia | South Africa | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 19.5% | 18.7% | 0.8% | Namibia |
| 2000s | 12.9% | 13.2% | 0.3% | South Africa |
| 2010s | 9.3% | 9.6% | 0.2% | South Africa |
| 2020s | 9.0% | 9.3% | 0.3% | South Africa |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher lending interest rate, Namibia or South Africa?
- Namibia, at 11.0% against 10.7% in South Africa as of 2024.
- What is the difference in lending interest rate between Namibia and South Africa?
- 0.3%, with Namibia ahead.
- How many years of comparable data are there for Namibia and South Africa?
- 34 years are reported by both, from 1991 to 2024.
- How do Namibia and South Africa rank globally for lending interest rate?
- Namibia ranks 55th and South Africa ranks 58th of 148 countries.
- Where does this data come from?
- International Financial Statistics database, International Monetary Fund (IMF), published as Lending interest rate (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
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.