Number of Household Sector Deposit Accounts with Commercial Banks per in Namibia
Namibia: Number of Household Sector Deposit Accounts with Commercial Banks per was 1,400 in 2024. ▲ Rising
Number of Household Sector Deposit Accounts with Commercial Banks per in Namibia, 2004–2024
Source: International Monetary Fund.
Analysis
Namibia recorded 1,400 for number of household sector deposit accounts with commercial banks per in 2024. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 15.5% on the previous year and up 42.7% over ten years.
Over the whole period, number of household sector deposit accounts with commercial banks per in Namibia peaked at 1,400 in 2024 and was at its lowest, 100.52, in 2005.
That places Namibia 49th out of 92 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 21 years of available data.
Number of Household Sector Deposit Accounts with Commercial Banks per in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 108.14 | — |
| 2005 | 100.52 | -7.0% |
| 2006 | 143.04 | +42.3% |
| 2007 | 154.89 | +8.3% |
| 2008 | 590.78 | +281.4% |
| 2009 | 671.85 | +13.7% |
| 2010 | 667.76 | -0.6% |
| 2011 | 678.02 | +1.5% |
| 2012 | 694.68 | +2.5% |
| 2013 | 800.67 | +15.3% |
| 2014 | 981.27 | +22.6% |
| 2015 | 1,120 | +14.1% |
| 2016 | 1,123 | +0.3% |
| 2017 | 1,075 | -4.3% |
| 2018 | 1,190 | +10.7% |
| 2019 | 1,296 | +8.9% |
| 2020 | 1,081 | -16.6% |
| 2021 | 1,178 | +9.0% |
| 2022 | 1,248 | +5.9% |
| 2023 | 1,213 | -2.8% |
| 2024 | 1,400 | +15.5% |
Namibia compared with similar countries
- Namibia's 1,400 is above the median for lower middle income countries, which is 831.94, 1.7× the median. (21 countries reporting)
- Namibia's 1,400 is above the median for Sub-Saharan Africa, which is 273.77, 5.1× the median. (21 countries reporting)
Biggest year-on-year movements
Years where Number of Household Sector Deposit Accounts with Commercial Banks per 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 |
|---|---|---|---|
| 2008 | +281.4% | 154.89 | 590.78 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 294.87 | 100.52 | 671.85 | 6 |
| 2010s | 962.71 | 667.76 | 1,296 | 10 |
| 2020s | 1,224 | 1,081 | 1,400 | 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 household sector deposit accounts with commercial banks per in Namibia?
- Number of household sector deposit accounts with commercial banks per in Namibia was 1,400 in 2024, according to International Monetary Fund.
- What is the highest number of household sector deposit accounts with commercial banks per recorded in Namibia?
- The highest recorded value was 1,400 in 2024.
- What is the lowest number of household sector deposit accounts with commercial banks per recorded in Namibia?
- The lowest recorded value was 100.52 in 2005.
- How does Namibia rank for number of household sector deposit accounts with commercial banks per?
- Namibia ranks 49th out of 92 countries with data for 2024.
- Is number of household sector deposit accounts with commercial banks per rising or falling in Namibia?
- Over the last ten years it is up 42.7%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from International Monetary Fund, published as part of Number of Household Sector Deposit Accounts with Commercial Banks per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.