Depositors with commercial banks in Namibia
Namibia: Depositors with commercial banks was 1,056 per 1,000 adults in 2024. ◆ Volatile
Depositors with commercial banks in Namibia, 2004–2024
Source: Financial Access Survey, International Monetary Fund (IMF). Measured in per 1,000 adults.
Analysis
Namibia recorded 1,056 per 1,000 adults for depositors with commercial banks in 2024.
The figure is up 6.9% on the previous year and up 22.7% over ten years.
Over the whole period, depositors with commercial banks in Namibia peaked at 1,142 per 1,000 adults in 2020 and was at its lowest, 98.01 per 1,000 adults, in 2005.
That places Namibia 44th out of 104 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Depositors with commercial banks in Namibia, year by year
| Year | per 1,000 adults | Change |
|---|---|---|
| 2004 | 101.6 per 1,000 adults | — |
| 2005 | 98.01 per 1,000 adults | -3.5% |
| 2006 | 142.55 per 1,000 adults | +45.4% |
| 2007 | 152.95 per 1,000 adults | +7.3% |
| 2008 | 154.96 per 1,000 adults | +1.3% |
| 2009 | 168.64 per 1,000 adults | +8.8% |
| 2010 | 168.95 per 1,000 adults | +0.2% |
| 2011 | 453.17 per 1,000 adults | +168.2% |
| 2012 | 664.91 per 1,000 adults | +46.7% |
| 2013 | 736.32 per 1,000 adults | +10.7% |
| 2014 | 861.22 per 1,000 adults | +17.0% |
| 2015 | 905.42 per 1,000 adults | +5.1% |
| 2016 | 878.08 per 1,000 adults | -3.0% |
| 2017 | 895 per 1,000 adults | +1.9% |
| 2018 | 1,016 per 1,000 adults | +13.5% |
| 2019 | 1,088 per 1,000 adults | +7.1% |
| 2020 | 1,142 per 1,000 adults | +5.0% |
| 2021 | 979.4 per 1,000 adults | -14.3% |
| 2022 | 1,028 per 1,000 adults | +5.0% |
| 2023 | 988.08 per 1,000 adults | -3.9% |
| 2024 | 1,056 per 1,000 adults | +6.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 136.45 per 1,000 adults | 98.01 per 1,000 adults | 168.64 per 1,000 adults | 6 |
| 2010s | 766.65 per 1,000 adults | 168.95 per 1,000 adults | 1,088 per 1,000 adults | 10 |
| 2020s | 1,039 per 1,000 adults | 979.4 per 1,000 adults | 1,142 per 1,000 adults | 5 |
Countries ranked near Namibia
More financial sector data for Namibia
- Total reserves in months of imports, annual growth rate 6.17 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -12.57 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1392 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 678.58 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -11.9 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 732.96 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -11.9 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 732.96 SDR per person (2025)
Frequently asked questions
- What is depositors with commercial banks in Namibia?
- Depositors with commercial banks in Namibia was 1,056 per 1,000 adults in 2024, according to Financial Access Survey, International Monetary Fund (IMF).
- What is the highest depositors with commercial banks recorded in Namibia?
- The highest recorded value was 1,142 per 1,000 adults in 2020.
- What is the lowest depositors with commercial banks recorded in Namibia?
- The lowest recorded value was 98.01 per 1,000 adults in 2005.
- How does Namibia rank for depositors with commercial banks?
- Namibia ranks 44th out of 104 countries with data for 2024.
- Is depositors with commercial banks rising or falling in Namibia?
- Over the last ten years it is up 22.7%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Financial Access Survey, International Monetary Fund (IMF), published as part of Depositors with commercial banks (per 1,000 adults). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Depositors with commercial banks are the reported number of deposit account holders, including both resident non-financial corporations (both public and private) and individuals from the household sector, at commercial banks within the reporting jurisdiction for every 1,000 adults. The major types of deposits are checking accounts, savings accounts, and time deposits.