Assets, Claims on Private sector (OFCS) (Domestic currency) in Namibia
Namibia: Assets, Claims on Private sector (OFCS) (Domestic currency) was 19.33 billion in 2024. ▼ Falling
Assets, Claims on Private sector (OFCS) in Namibia, 2015–2024
Source: International Monetary Fund.
Analysis
In 2024, assets, claims on private sector (ofcs) in Namibia stood at 19.33 billion.
The figure is up 27.2% on the previous year and up 14.0% over ten years.
Over the whole period, assets, claims on private sector (ofcs) in Namibia peaked at 25.36 billion in 2019 and was at its lowest, 14.99 billion, in 2022.
Namibia ranks 43rd of 66 countries on this measure, in the middle of the range.
Assets, Claims on Private sector (OFCS) (Domestic currency) in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2015 | 16.96 billion | — |
| 2016 | 22.53 billion | +32.8% |
| 2017 | 21.76 billion | -3.4% |
| 2018 | 22.83 billion | +4.9% |
| 2019 | 25.36 billion | +11.1% |
| 2020 | 21.12 billion | -16.7% |
| 2021 | 19.42 billion | -8.1% |
| 2022 | 14.99 billion | -22.8% |
| 2023 | 15.20 billion | +1.4% |
| 2024 | 19.33 billion | +27.2% |
Namibia compared with similar countries
- Namibia's 19.33 billion is below the median for lower middle income countries, which is 31.86 billion, 61% of the median. (18 countries reporting)
- Namibia's 19.33 billion is below the median for Sub-Saharan Africa, which is 79.44 billion, 24% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 21.89 billion | 16.96 billion | 25.36 billion | 5 |
| 2020s | 18.01 billion | 14.99 billion | 21.12 billion | 5 |
Countries ranked near Namibia
More financial sector data for Namibia
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.0663 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.0484 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.0663 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is assets, claims on private sector (ofcs) in Namibia?
- Assets, claims on private sector (ofcs) in Namibia was 19.33 billion in 2024, according to International Monetary Fund.
- What is the highest assets, claims on private sector (ofcs) recorded in Namibia?
- The highest recorded value was 25.36 billion in 2019.
- What is the lowest assets, claims on private sector (ofcs) recorded in Namibia?
- The lowest recorded value was 14.99 billion in 2022.
- How does Namibia rank for assets, claims on private sector (ofcs)?
- Namibia ranks 43rd out of 66 countries with data for 2024.
- Is assets, claims on private sector (ofcs) rising or falling in Namibia?
- Over the last ten years it is up 14.0%. The long-run trend across the full record is falling.
- Where does this Namibia data come from?
- The figures come from International Monetary Fund, published as part of Assets, Claims on Private sector (OFCS) (Domestic currency). Statizoid updates them automatically from the source API.
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About this data
The Monetary and Financial Statistics (MFS), Other Financial Corporations (OFCs) dataset presents the balance sheet of OFCs highlighting their financial linkages with other economic sectors and nonresidents.