Domestic credit to private sector in Namibia
Namibia: Domestic credit to private sector was 72.9% in 2020. ▲ Rising
Domestic credit to private sector in Namibia, 2015–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
Namibia recorded 72.9% for domestic credit to private sector in 2020. That is the highest value across all 6 years on record.
That represents a change of up 2.8% on the previous year and up 11.1% over ten years.
That places Namibia 54th out of 187 countries with data for 2020, putting it in the middle of the range.
Domestic credit to private sector in Namibia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2015 | 65.6% | — |
| 2016 | 68.6% | +4.5% |
| 2017 | 65.1% | -5.1% |
| 2018 | 65.8% | +1.2% |
| 2019 | 70.9% | +7.7% |
| 2020 | 72.9% | +2.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 67.2% | 65.1% | 70.9% | 5 |
| 2020s | 72.9% | 72.9% | 72.9% | 1 |
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 in Namibia?
- Domestic credit to private sector in Namibia was 72.9% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Namibia?
- The highest recorded value was 72.9% in 2020.
- What is the lowest domestic credit to private sector recorded in Namibia?
- The lowest recorded value was 65.1% in 2017.
- How does Namibia rank for domestic credit to private sector?
- Namibia ranks 54th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Namibia?
- Over the last ten years it is up 11.1%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Domestic credit to private sector refers to financial resources provided to the private sector, 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.