Money market Rate, Percent per annum in Namibia
Namibia: Money market Rate, Percent per annum was 7.05 in 2010. ▼ Falling
Money market Rate, Percent per annum in Namibia, 1991–2010
Source: International Monetary Fund.
Analysis
The most recent figure for money market rate, percent per annum in Namibia is 7.05, measured in 2010.
That represents a change of down 9.0% on the previous year and down 23.3% over ten years.
Over the whole period, money market rate, percent per annum in Namibia peaked at 17.14 in 1998 and was at its lowest, 6.93, in 2005.
That places Namibia 25th out of 94 countries with data for 2010, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Money market Rate, Percent per annum in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 1991 | 16.36 | — |
| 1992 | 13.87 | -15.2% |
| 1993 | 10.83 | -21.9% |
| 1994 | 10.25 | -5.4% |
| 1995 | 13.08 | +27.6% |
| 1996 | 15 | +14.7% |
| 1997 | 15.41 | +2.8% |
| 1998 | 17.14 | +11.2% |
| 1999 | 13.17 | -23.2% |
| 2000 | 9.19 | -30.2% |
| 2001 | 9.53 | +3.6% |
| 2002 | 10.46 | +9.8% |
| 2003 | 10.03 | -4.1% |
| 2004 | 6.93 | -30.9% |
| 2005 | 6.93 | -0.1% |
| 2006 | 7.12 | +2.8% |
| 2007 | 8.61 | +20.9% |
| 2008 | 9.37 | +8.8% |
| 2009 | 7.75 | -17.3% |
| 2010 | 7.05 | -9.0% |
Namibia compared with similar countries
- Namibia's 7.05 is above the median for lower middle income countries, which is 5.09, 1.4× the median. (19 countries reporting)
- Namibia's 7.05 is above the median for Sub-Saharan Africa, which is 5.09, 1.4× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 13.9 | 10.25 | 17.14 | 9 |
| 2000s | 8.59 | 6.93 | 10.46 | 10 |
| 2010s | 7.05 | 7.05 | 7.05 | 1 |
Countries ranked near Namibia
- 22 Iceland 7.51 compare
- 23 Pakistan 7.27 compare
- 24 South Africa 7.26 compare
- 26 Armenia 7.01 compare
- 27 Anguilla 6.89 compare
- 27 Antigua and Barbuda 6.89 compare
- 27 Dominica 6.89 compare
- 27 Grenada 6.89 compare
- 27 Saint Kitts and Nevis 6.89 compare
- 27 Saint Lucia 6.89 compare
- 27 Montserrat 6.89 compare
- 27 Saint Vincent and the Grenadines 6.89 compare
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 money market rate, percent per annum in Namibia?
- Money market rate, percent per annum in Namibia was 7.05 in 2010, according to International Monetary Fund.
- What is the highest money market rate, percent per annum recorded in Namibia?
- The highest recorded value was 17.14 in 1998.
- What is the lowest money market rate, percent per annum recorded in Namibia?
- The lowest recorded value was 6.93 in 2005.
- How does Namibia rank for money market rate, percent per annum?
- Namibia ranks 25th out of 94 countries with data for 2010.
- Is money market rate, percent per annum rising or falling in Namibia?
- Over the last ten years it is down 23.3%. The long-run trend across the full record is falling.
- Where does this Namibia data come from?
- The figures come from International Monetary Fund, published as part of Money market Rate, Percent per annum. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
The Monetary and Financial Statistics (MFS), Interest Rates dataset presents country-specific interest rate data across sectors and instruments, based on nationally defined methodologies.