Depositors with commercial banks (per 1,000 adults) in Namibia
Namibia: Depositors with commercial banks (per 1,000 adults) 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 (per 1,000 adults) 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% |
Namibia compared with similar countries
- Namibia's 1,056 per 1,000 adults is above the median for lower middle income countries, which is 604.91 per 1,000 adults, 1.7× the median. (36 countries reporting)
- Namibia's 1,056 per 1,000 adults is above the median for Sub-Saharan Africa, which is 246.28 per 1,000 adults, 4.3× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Depositors with commercial banks (per 1,000 adults) in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2011 | +168.2% | 168.95 per 1,000 adults | 453.17 per 1,000 adults |
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
- 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 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.
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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.