Domestic credit to private sector by banks in Namibia
Namibia: Domestic credit to private sector by banks was 46.1% in 2025. ▲ Rising
Domestic credit to private sector by banks in Namibia, 1990–2025
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector by banks in Namibia is 46.1%, measured in 2025.
The figure is down 2.4% on the previous year and down 14.5% over ten years.
Over the whole period, domestic credit to private sector by banks in Namibia peaked at 60.6% in 2020 and was at its lowest, 19.0%, in 1990.
Namibia ranks 83rd of 187 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 36 years of available data.
Domestic credit to private sector by banks in Namibia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | 19.0% | — |
| 1991 | 19.3% | +1.7% |
| 1992 | 31.5% | +63.0% |
| 1993 | 36.3% | +15.1% |
| 1994 | 37.8% | +4.1% |
| 1995 | 43.4% | +14.9% |
| 1996 | 40.9% | -5.7% |
| 1997 | 41.6% | +1.6% |
| 1998 | 40.9% | -1.6% |
| 1999 | 39.1% | -4.4% |
| 2000 | 39.6% | +1.5% |
| 2001 | 41.2% | +3.9% |
| 2002 | 41.0% | -0.5% |
| 2003 | 44.3% | +8.2% |
| 2004 | 46.1% | +4.1% |
| 2005 | 50.7% | +9.8% |
| 2006 | 48.1% | -5.1% |
| 2007 | 47.6% | -1.0% |
| 2008 | 46.0% | -3.5% |
| 2009 | 47.4% | +3.1% |
| 2010 | 48.4% | +2.2% |
| 2011 | 48.6% | +0.4% |
| 2012 | 48.6% | +0.0% |
| 2013 | 50.6% | +4.2% |
| 2014 | 51.4% | +1.4% |
| 2015 | 54.0% | +5.1% |
| 2016 | 54.3% | +0.5% |
| 2017 | 52.4% | -3.5% |
| 2018 | 53.2% | +1.6% |
| 2019 | 56.9% | +7.0% |
| 2020 | 60.6% | +6.5% |
| 2021 | 58.2% | -4.0% |
| 2022 | 54.0% | -7.1% |
| 2023 | 49.4% | -8.6% |
| 2024 | 47.3% | -4.4% |
| 2025 | 46.1% | -2.4% |
Namibia compared with similar countries
- Namibia's 46.1% is above the median for lower middle income countries, which is 23.4%, 2.0× the median. (46 countries reporting)
- Namibia's 46.1% is above the median for Sub-Saharan Africa, which is 15.6%, 3.0× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Domestic credit to private sector by banks 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 |
|---|---|---|---|
| 1992 | +63.0% | 19.3% | 31.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 35.0% | 19.0% | 43.4% | 10 |
| 2000s | 45.2% | 39.6% | 50.7% | 10 |
| 2010s | 51.8% | 48.4% | 56.9% | 10 |
| 2020s | 52.6% | 46.1% | 60.6% | 6 |
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 domestic credit to private sector by banks in Namibia?
- Domestic credit to private sector by banks in Namibia was 46.1% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest domestic credit to private sector by banks recorded in Namibia?
- The highest recorded value was 60.6% in 2020.
- What is the lowest domestic credit to private sector by banks recorded in Namibia?
- The lowest recorded value was 19.0% in 1990.
- How does Namibia rank for domestic credit to private sector by banks?
- Namibia ranks 83rd out of 187 countries with data for 2025.
- Is domestic credit to private sector by banks rising or falling in Namibia?
- Over the last ten years it is down 14.5%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Domestic credit to private sector by banks (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 36 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector by banks refers to financial resources provided to the private sector by other depository corporations (deposit taking corporations except central banks), such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.