Financial Development Index in Namibia

Namibia: Financial Development Index was 0.4142 in 2020. β—† Volatile

Latest (2020)
0.4142
Change on year
up 0.8%
World rank
51st
of 183 countries
All-time high
0.557
in 2016
All-time low
0
in 1980
Years of data
41
1980–2020

Financial Development Index in Namibia, 1980–2020

00.20.40.61980200020201980: 01981: 01982: 01983: 01984: 01985: 01986: 01987: 01988: 01989: 01990: 0.1771991: 0.181992: 0.2381993: 0.2491994: 0.2571995: 0.2651996: 0.2821997: 0.2731998: 0.2731999: 0.3162000: 0.3132001: 0.3142002: 0.3122003: 0.2972004: 0.3392005: 0.3112006: 0.3142007: 0.3232008: 0.3822009: 0.4932010: 0.52011: 0.5062012: 0.5082013: 0.5182014: 0.5292015: 0.5452016: 0.5572017: 0.5432018: 0.5572019: 0.4112020: 0.414

Source: International Monetary Fund.

Analysis

In 2020, financial development index in Namibia stood at 0.4142.

Compared with earlier readings it is up 0.8% on the previous year and down 17.1% over ten years.

Over the whole period, financial development index in Namibia peaked at 0.557 in 2016 and was at its lowest, 0, in 1980.

Namibia ranks 51st of 183 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 0 0 0 10
1990s 0.251 0.1775 0.3161 10
2000s 0.3397 0.2966 0.4927 10
2010s 0.5172 0.411 0.557 10
2020s 0.4142 0.4142 0.4142 1

Countries ranked near Namibia

  1. 48 Czechia 0.4521 compare
  2. 49 Poland 0.4512 compare
  3. 50 Saudi Arabia 0.4467 compare
  4. 52 Bahrain 0.4108 compare
  5. 53 Mexico 0.407 compare
  6. 54 Barbados 0.3976 compare

See the full ranking of 192 places β†’

More financial sector data for Namibia

All data for Namibia β†’

Frequently asked questions

What is financial development index in Namibia?
Financial development index in Namibia was 0.4142 in 2020, according to International Monetary Fund.
What is the highest financial development index recorded in Namibia?
The highest recorded value was 0.557 in 2016.
What is the lowest financial development index recorded in Namibia?
The lowest recorded value was 0 in 1980.
How does Namibia rank for financial development index?
Namibia ranks 51st out of 183 countries with data for 2020.
Is financial development index rising or falling in Namibia?
Over the last ten years it is down 17.1%. The long-run trend across the full record is volatile.
Where does this Namibia data come from?
The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.

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Financial Development Index in Namibia. Statizoid, drawing on International Monetary Fund. Retrieved 20 August 2026, from https://financial-sector.statizoid.com/stat/financial-development-index/namibia/

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About this data

Indicator
Financial Development Index
Source
International Monetary Fund
Licence
IMF Terms and Conditions (attribution required)
Coverage
192 places, 7,872 data points, 1980–2020
Last refreshed

The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.