Financial Institutions Efficiency Index in Namibia
Namibia: Financial Institutions Efficiency Index was 0.6219 in 2020. ◆ Volatile
Financial Institutions Efficiency Index in Namibia, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial institutions efficiency index in Namibia stood at 0.6219.
The figure is up 2.0% on the previous year and up 6.8% over ten years.
Over the whole period, financial institutions efficiency index in Namibia peaked at 0.6795 in 1996 and was at its lowest, 0, in 1980.
Namibia ranks 65th 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 Institutions Efficiency 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 | 0.5525 | — |
| 1991 | 0.5605 | +1.5% |
| 1992 | 0.5895 | +5.2% |
| 1993 | 0.5915 | +0.3% |
| 1994 | 0.6072 | +2.7% |
| 1995 | 0.6501 | +7.1% |
| 1996 | 0.6795 | +4.5% |
| 1997 | 0.6507 | -4.2% |
| 1998 | 0.6396 | -1.7% |
| 1999 | 0.6558 | +2.5% |
| 2000 | 0.6264 | -4.5% |
| 2001 | 0.6579 | +5.0% |
| 2002 | 0.6697 | +1.8% |
| 2003 | 0.5542 | -17.2% |
| 2004 | 0.5864 | +5.8% |
| 2005 | 0.5912 | +0.8% |
| 2006 | 0.5749 | -2.8% |
| 2007 | 0.5941 | +3.3% |
| 2008 | 0.6075 | +2.3% |
| 2009 | 0.5806 | -4.4% |
| 2010 | 0.5823 | +0.3% |
| 2011 | 0.6208 | +6.6% |
| 2012 | 0.6168 | -0.7% |
| 2013 | 0.6202 | +0.6% |
| 2014 | 0.6183 | -0.3% |
| 2015 | 0.6309 | +2.0% |
| 2016 | 0.6336 | +0.4% |
| 2017 | 0.6016 | -5.0% |
| 2018 | 0.6109 | +1.5% |
| 2019 | 0.6099 | -0.2% |
| 2020 | 0.6219 | +2.0% |
Namibia compared with similar countries
- Namibia's 0.6219 is above the median for lower middle income countries, which is 0.5528, 1.1× the median. (45 countries reporting)
- Namibia's 0.6219 is above the median for Sub-Saharan Africa, which is 0.5175, 1.2× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0.6177 | 0.5525 | 0.6795 | 10 |
| 2000s | 0.6043 | 0.5542 | 0.6697 | 10 |
| 2010s | 0.6145 | 0.5823 | 0.6336 | 10 |
| 2020s | 0.6219 | 0.6219 | 0.6219 | 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 institutions efficiency index in Namibia?
- Financial institutions efficiency index in Namibia was 0.6219 in 2020, according to International Monetary Fund.
- What is the highest financial institutions efficiency index recorded in Namibia?
- The highest recorded value was 0.6795 in 1996.
- What is the lowest financial institutions efficiency index recorded in Namibia?
- The lowest recorded value was 0 in 1980.
- How does Namibia rank for financial institutions efficiency index?
- Namibia ranks 65th out of 183 countries with data for 2020.
- Is financial institutions efficiency index rising or falling in Namibia?
- Over the last ten years it is up 6.8%. 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 Institutions Efficiency Index. Statizoid updates them automatically from the source API.
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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.