Number of Loan Accounts, Commercial Banks, of Which: Household Sector in Namibia
Namibia: Number of Loan Accounts, Commercial Banks, of Which: Household Sector was 750,825 in 2024. ◆ Volatile
Number of Loan Accounts, Commercial Banks, of Which: Household Sector in Namibia, 2004–2024
Source: International Monetary Fund.
Analysis
In 2024, number of loan accounts, commercial banks, of which: household sector in Namibia stood at 750,825.
Compared with earlier readings it is up 3.0% on the previous year and up 82.7% over ten years.
Over the whole period, number of loan accounts, commercial banks, of which: household sector in Namibia peaked at 1.37 million in 2022 and was at its lowest, 147,201, in 2004.
That places Namibia 50th out of 100 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Number of Loan Accounts, Commercial Banks, of Which: Household Sector in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 147,201 | — |
| 2005 | 186,951 | +27.0% |
| 2006 | 213,805 | +14.4% |
| 2007 | 240,094 | +12.3% |
| 2008 | 227,912 | -5.1% |
| 2009 | 236,224 | +3.6% |
| 2010 | 232,405 | -1.6% |
| 2011 | 264,120 | +13.6% |
| 2012 | 353,370 | +33.8% |
| 2013 | 424,842 | +20.2% |
| 2014 | 410,892 | -3.3% |
| 2015 | 449,665 | +9.4% |
| 2016 | 582,219 | +29.5% |
| 2017 | 675,074 | +15.9% |
| 2018 | 697,755 | +3.4% |
| 2019 | 799,543 | +14.6% |
| 2020 | 967,882 | +21.1% |
| 2021 | 1.25 million | +28.8% |
| 2022 | 1.37 million | +9.6% |
| 2023 | 728,882 | -46.7% |
| 2024 | 750,825 | +3.0% |
Namibia compared with similar countries
- Namibia's 750,825 is above the median for lower middle income countries, which is 597,220, 1.3× the median. (22 countries reporting)
- Namibia's 750,825 is above the median for Sub-Saharan Africa, which is 264,238, 2.8× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 208,698 | 147,201 | 240,094 | 6 |
| 2010s | 488,988 | 232,405 | 799,543 | 10 |
| 2020s | 1.01 million | 728,882 | 1.37 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 loan accounts, commercial banks, of which: household sector in Namibia?
- Number of loan accounts, commercial banks, of which: household sector in Namibia was 750,825 in 2024, according to International Monetary Fund.
- What is the highest number of loan accounts, commercial banks, of which: household sector recorded in Namibia?
- The highest recorded value was 1.37 million in 2022.
- What is the lowest number of loan accounts, commercial banks, of which: household sector recorded in Namibia?
- The lowest recorded value was 147,201 in 2004.
- How does Namibia rank for number of loan accounts, commercial banks, of which: household sector?
- Namibia ranks 50th out of 100 countries with data for 2024.
- Is number of loan accounts, commercial banks, of which: household sector rising or falling in Namibia?
- Over the last ten years it is up 82.7%. 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 Loan Accounts, Commercial Banks, of Which: Household Sector Loan Accounts. 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.