Bank concentration in Namibia
Namibia: Bank concentration was 98.8% in 2021. ▬ Flat
Bank concentration in Namibia, 2005–2021
Source: Bankscope, Bureau van Dijk (BvD). Measured in %.
Analysis
In 2021, bank concentration in Namibia stood at 98.8%. That is the highest value across all 17 years on record.
Compared with earlier readings it is up 3.0% on the previous year and up 18.3% over ten years.
Over the whole period, bank concentration in Namibia peaked at 98.8% in 2021 and was at its lowest, 80.8%, in 2010.
Namibia ranks 22nd of 170 countries on this measure, in the top quarter.
Bank concentration in Namibia, year by year
| Year | % | Change |
|---|---|---|
| 2005 | 88.7% | — |
| 2006 | 90.5% | +2.1% |
| 2007 | 92.1% | +1.7% |
| 2008 | 81.9% | -11.1% |
| 2009 | 81.3% | -0.7% |
| 2010 | 80.8% | -0.6% |
| 2011 | 83.5% | +3.4% |
| 2012 | 82.6% | -1.1% |
| 2013 | 85.4% | +3.5% |
| 2014 | 85.5% | +0.1% |
| 2015 | 84.3% | -1.4% |
| 2016 | 81.8% | -3.0% |
| 2017 | 82.5% | +0.9% |
| 2018 | 82.9% | +0.5% |
| 2019 | 83.3% | +0.5% |
| 2020 | 95.9% | +15.1% |
| 2021 | 98.8% | +3.0% |
Namibia compared with similar countries
- Namibia's 98.8% is above the median for lower middle income countries, which is 68.4%, 1.4× the median. (38 countries reporting)
- Namibia's 98.8% is above the median for Sub-Saharan Africa, which is 77.1%, 1.3× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 86.9% | 81.3% | 92.1% | 5 |
| 2010s | 83.3% | 80.8% | 85.5% | 10 |
| 2020s | 97.4% | 95.9% | 98.8% | 2 |
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 bank concentration in Namibia?
- Bank concentration in Namibia was 98.8% in 2021, according to Bankscope, Bureau van Dijk (BvD).
- What is the highest bank concentration recorded in Namibia?
- The highest recorded value was 98.8% in 2021.
- What is the lowest bank concentration recorded in Namibia?
- The lowest recorded value was 80.8% in 2010.
- How does Namibia rank for bank concentration?
- Namibia ranks 22nd out of 170 countries with data for 2021.
- Is bank concentration rising or falling in Namibia?
- Over the last ten years it is up 18.3%. The long-run trend across the full record is flat.
- Where does this Namibia data come from?
- The figures come from Bankscope, Bureau van Dijk (BvD), published as part of Bank concentration (%). Statizoid updates them automatically from the source API.
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About this data
Raw data are from Bankscope. (Sum(data2025) for three largest banks in Bankscope) / (Sum(data2025) for all banks in Bankscope). Only reported if number of banks in Bankscope is 3 or more. Calculated from underlying bank-by-bank unconsolidated data from Bankscope.