Financial system deposits to GDP in Namibia

Namibia: Financial system deposits to GDP was 70.1% in 2021. ▲ Rising

Latest (2021)
70.1%
Change on year
up 0.2%
World rank
70th
of 183 countries
All-time high
70.1%
in 2021
All-time low
20.3%
in 1990
Years of data
32
1990–2021

Financial system deposits to GDP in Namibia, 1990–2021

2030405060701990200520211990: 20.3 %1991: 23.1 %1992: 28.8 %1993: 30.9 %1994: 32.2 %1995: 35.9 %1996: 37.5 %1997: 36.1 %1998: 35.7 %1999: 38.8 %2000: 38.1 %2001: 35.9 %2002: 33.7 %2003: 35 %2004: 35.6 %2005: 36.1 %2006: 40.2 %2007: 38.9 %2008: 40.1 %2009: 61.6 %2010: 62.1 %2011: 63.3 %2012: 55.6 %2013: 56.9 %2014: 53.3 %2015: 53.5 %2016: 52.7 %2017: 55.4 %2018: 56 %2019: 62.1 %2020: 70 %2021: 70.1 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

Namibia recorded 70.1% for financial system deposits to gdp in 2021. That is the highest value across all 32 years on record.

The figure is up 0.2% on the previous year and up 10.8% over ten years.

Over the whole period, financial system deposits to gdp in Namibia peaked at 70.1% in 2021 and was at its lowest, 20.3%, in 1990.

Namibia ranks 70th of 183 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 32 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 31.9% 20.3% 38.8% 10
2000s 39.5% 33.7% 61.6% 10
2010s 57.1% 52.7% 63.3% 10
2020s 70.1% 70.0% 70.1% 2

Countries ranked near Namibia

  1. 67 Saint Lucia 71.6% compare
  2. 68 Brazil 71.4% compare
  3. 69 Iceland 70.2% compare
  4. 71 Micronesia (country) 69.9% compare
  5. 72 Norway 69.3% compare
  6. 73 Saint Vincent and the Grenadines 69.1% compare

See the full ranking of 184 places →

More financial sector data for Namibia

All data for Namibia →

Frequently asked questions

What is financial system deposits to gdp in Namibia?
Financial system deposits to gdp in Namibia was 70.1% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest financial system deposits to gdp recorded in Namibia?
The highest recorded value was 70.1% in 2021.
What is the lowest financial system deposits to gdp recorded in Namibia?
The lowest recorded value was 20.3% in 1990.
How does Namibia rank for financial system deposits to gdp?
Namibia ranks 70th out of 183 countries with data for 2021.
Is financial system deposits to gdp rising or falling in Namibia?
Over the last ten years it is up 10.8%. The long-run trend across the full record is rising.
Where does this Namibia data come from?
The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.

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CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Financial system deposits to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
184 places, 8,581 data points, 1960–2021
Last refreshed

Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).