Financial Development Index in Namibia
Namibia: Financial Development Index was 0.4142 in 2020. ◆ Volatile
Financial Development Index in Namibia, 1980–2020
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.
Financial Development Index in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0 | — |
| 1985 | 0 | — |
| 1986 | 0 | — |
| 1987 | 0 | — |
| 1988 | 0 | — |
| 1989 | 0 | — |
| 1990 | 0.1775 | — |
| 1991 | 0.1803 | +1.6% |
| 1992 | 0.2378 | +31.9% |
| 1993 | 0.2486 | +4.6% |
| 1994 | 0.2573 | +3.5% |
| 1995 | 0.2649 | +2.9% |
| 1996 | 0.2818 | +6.4% |
| 1997 | 0.2728 | -3.2% |
| 1998 | 0.2728 | +0.0% |
| 1999 | 0.3161 | +15.9% |
| 2000 | 0.3126 | -1.1% |
| 2001 | 0.3141 | +0.5% |
| 2002 | 0.3123 | -0.6% |
| 2003 | 0.2966 | -5.0% |
| 2004 | 0.3385 | +14.1% |
| 2005 | 0.3109 | -8.2% |
| 2006 | 0.3141 | +1.0% |
| 2007 | 0.3232 | +2.9% |
| 2008 | 0.3824 | +18.3% |
| 2009 | 0.4927 | +28.8% |
| 2010 | 0.4997 | +1.4% |
| 2011 | 0.5056 | +1.2% |
| 2012 | 0.5075 | +0.4% |
| 2013 | 0.518 | +2.1% |
| 2014 | 0.5285 | +2.0% |
| 2015 | 0.5448 | +3.1% |
| 2016 | 0.557 | +2.2% |
| 2017 | 0.5429 | -2.5% |
| 2018 | 0.5569 | +2.6% |
| 2019 | 0.411 | -26.2% |
| 2020 | 0.4142 | +0.8% |
Namibia compared with similar countries
- Namibia's 0.4142 is above the median for lower middle income countries, which is 0.1603, 2.6× the median. (45 countries reporting)
- Namibia's 0.4142 is above the median for Sub-Saharan Africa, which is 0.1219, 3.4× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Financial Development Index 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 | +31.9% | 0.1803 | 0.2378 |
| 2019 | -26.2% | 0.5569 | 0.411 |
| 2009 | +28.8% | 0.3824 | 0.4927 |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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.
Download this data
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About this data
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.