Outstanding Deposits: Household Sector Deposits … Commercial in Namibia
Namibia: Outstanding Deposits: Household Sector Deposits … Commercial was 23.36 billion in 2024. ◆ Volatile
Outstanding Deposits, Commercial Banks, of Which: Household Sector in Namibia, 2004–2024
Source: International Monetary Fund.
Analysis
The most recent figure for outstanding deposits, commercial banks, of which: household sector in Namibia is 23.36 billion, measured in 2024.
Compared with earlier readings it is up 11.2% on the previous year and up 56.3% over ten years.
Over the whole period, outstanding deposits, commercial banks, of which: household sector in Namibia peaked at 44.61 billion in 2020 and was at its lowest, 2.94 billion, in 2004.
That places Namibia 96th out of 127 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Outstanding Deposits: Household Sector Deposits … Commercial in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 2.94 billion | — |
| 2005 | 3.34 billion | +13.6% |
| 2006 | 5.14 billion | +53.7% |
| 2007 | 4.61 billion | -10.2% |
| 2008 | 6.92 billion | +50.1% |
| 2009 | 6.49 billion | -6.2% |
| 2010 | 7.25 billion | +11.7% |
| 2011 | 8.21 billion | +13.3% |
| 2012 | 9.55 billion | +16.3% |
| 2013 | 11.40 billion | +19.3% |
| 2014 | 14.95 billion | +31.2% |
| 2015 | 15.38 billion | +2.9% |
| 2016 | 27.27 billion | +77.3% |
| 2017 | 43.23 billion | +58.5% |
| 2018 | 31.71 billion | -26.6% |
| 2019 | 32.66 billion | +3.0% |
| 2020 | 44.61 billion | +36.6% |
| 2021 | 25.88 billion | -42.0% |
| 2022 | 25.84 billion | -0.1% |
| 2023 | 21.00 billion | -18.7% |
| 2024 | 23.36 billion | +11.2% |
Namibia compared with similar countries
- Namibia's 23.36 billion is below the median for lower middle income countries, which is 743.54 billion, 3% of the median. (22 countries reporting)
- Namibia's 23.36 billion is below the median for Sub-Saharan Africa, which is 284.32 billion, 8% of the median. (25 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.91 billion | 2.94 billion | 6.92 billion | 6 |
| 2010s | 20.16 billion | 7.25 billion | 43.23 billion | 10 |
| 2020s | 28.14 billion | 21.00 billion | 44.61 billion | 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 outstanding deposits, commercial banks, of which: household sector in Namibia?
- Outstanding deposits, commercial banks, of which: household sector in Namibia was 23.36 billion in 2024, according to International Monetary Fund.
- What is the highest outstanding deposits, commercial banks, of which: household sector recorded in Namibia?
- The highest recorded value was 44.61 billion in 2020.
- What is the lowest outstanding deposits, commercial banks, of which: household sector recorded in Namibia?
- The lowest recorded value was 2.94 billion in 2004.
- How does Namibia rank for outstanding deposits, commercial banks, of which: household sector?
- Namibia ranks 96th out of 127 countries with data for 2024.
- Is outstanding deposits, commercial banks, of which: household sector rising or falling in Namibia?
- Over the last ten years it is up 56.3%. 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 Outstanding Deposits, Commercial Banks, of Which: Household Sector Deposits. 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.