Number of Depositors, Commercial Banks, of Which: Household Sector in Namibia
Namibia: Number of Depositors, Commercial Banks, of Which: Household Sector was 1.92 million in 2024. ◆ Volatile
Number of Depositors, Commercial Banks, of Which: Household Sector in Namibia, 2004–2024
Source: International Monetary Fund.
Analysis
The most recent figure for number of depositors, commercial banks, of which: household sector in Namibia is 1.92 million, measured in 2024. That is the highest value across all 19 years on record.
The figure is up 25.6% on the previous year and up 61.7% over ten years.
Over the whole period, number of depositors, commercial banks, of which: household sector in Namibia peaked at 1.92 million in 2024 and was at its lowest, 104,995, in 2005.
Namibia ranks 45th of 72 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.
Number of Depositors, Commercial Banks, of Which: Household Sector in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 110,525 | — |
| 2005 | 104,995 | -5.0% |
| 2006 | 153,615 | +46.3% |
| 2007 | 170,200 | +10.8% |
| 2008 | 173,681 | +2.0% |
| 2011 | 572,639 | +229.7% |
| 2012 | 844,068 | +47.4% |
| 2013 | 998,642 | +18.3% |
| 2014 | 1.19 million | +18.9% |
| 2015 | 1.28 million | +7.7% |
| 2016 | 1.24 million | -3.3% |
| 2017 | 1.34 million | +8.0% |
| 2018 | 1.43 million | +7.3% |
| 2019 | 1.72 million | +20.3% |
| 2020 | 1.72 million | -0.1% |
| 2021 | 1.60 million | -6.9% |
| 2022 | 1.50 million | -6.6% |
| 2023 | 1.53 million | +2.1% |
| 2024 | 1.92 million | +25.6% |
Namibia compared with similar countries
- Namibia's 1.92 million is below the median for lower middle income countries, which is 2.15 million, 89% of the median. (19 countries reporting)
- Namibia's 1.92 million is above the median for Sub-Saharan Africa, which is 970,883, 2.0× the median. (28 countries reporting)
Biggest year-on-year movements
Years where Number of Depositors, Commercial Banks, of Which: Household Sector 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 |
|---|---|---|---|
| 2011 | +229.7% | 173,681 | 572,639 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 142,603 | 104,995 | 173,681 | 5 |
| 2010s | 1.18 million | 572,639 | 1.72 million | 9 |
| 2020s | 1.65 million | 1.50 million | 1.92 million | 5 |
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 number of depositors, commercial banks, of which: household sector in Namibia?
- Number of depositors, commercial banks, of which: household sector in Namibia was 1.92 million in 2024, according to International Monetary Fund.
- What is the highest number of depositors, commercial banks, of which: household sector recorded in Namibia?
- The highest recorded value was 1.92 million in 2024.
- What is the lowest number of depositors, commercial banks, of which: household sector recorded in Namibia?
- The lowest recorded value was 104,995 in 2005.
- How does Namibia rank for number of depositors, commercial banks, of which: household sector?
- Namibia ranks 45th out of 72 countries with data for 2024.
- Is number of depositors, commercial banks, of which: household sector rising or falling in Namibia?
- Over the last ten years it is up 61.7%. 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 Number of Depositors, Commercial Banks, of Which: Household Sector Depositors. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 19 observations, free to reuse under IMF Terms and Conditions (attribution required).
About this data
Gender-disaggregated data on access to and use of financial services.