Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Namibia
Namibia: Outstanding Loans, Commercial Banks, of Which: Household Sector Loans was 4.59 trillion in 2024. ◆ Volatile
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Namibia, 2004–2024
Source: International Monetary Fund.
Analysis
Namibia recorded 4.59 trillion for outstanding loans, commercial banks, of which: household sector loans in 2024. That is the highest value across all 21 years on record.
Compared with earlier readings it is up 42.4% on the previous year and up 11,669.7% over ten years.
Over the whole period, outstanding loans, commercial banks, of which: household sector loans in Namibia peaked at 4.59 trillion in 2024 and was at its lowest, 10.01 billion, in 2004.
Namibia ranks 21st of 134 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Outstanding Loans, Commercial Banks, of Which: Household Sector Loans in Namibia, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 10.01 billion | — |
| 2005 | 10.37 billion | +3.5% |
| 2006 | 14.34 billion | +38.3% |
| 2007 | 16.66 billion | +16.1% |
| 2008 | 15.88 billion | -4.7% |
| 2009 | 17.51 billion | +10.3% |
| 2010 | 19.20 billion | +9.6% |
| 2011 | 21.50 billion | +12.0% |
| 2012 | 26.57 billion | +23.6% |
| 2013 | 32.09 billion | +20.8% |
| 2014 | 39.02 billion | +21.6% |
| 2015 | 34.97 billion | -10.4% |
| 2016 | 39.13 billion | +11.9% |
| 2017 | 45.06 billion | +15.2% |
| 2018 | 46.62 billion | +3.5% |
| 2019 | 42.08 billion | -9.7% |
| 2020 | 46.20 billion | +9.8% |
| 2021 | 51.39 billion | +11.2% |
| 2022 | 61.97 billion | +20.6% |
| 2023 | 3.22 trillion | +5102.9% |
| 2024 | 4.59 trillion | +42.4% |
Namibia compared with similar countries
- Namibia's 4.59 trillion is above the median for lower middle income countries, which is 472.36 billion, 9.7× the median. (22 countries reporting)
- Namibia's 4.59 trillion is above the median for Sub-Saharan Africa, which is 211.43 billion, 21.7× the median. (25 countries reporting)
Biggest year-on-year movements
Years where Outstanding Loans, Commercial Banks, of Which: Household Sector Loans 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 |
|---|---|---|---|
| 2023 | +5102.9% | 61.97 billion | 3.22 trillion |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 14.13 billion | 10.01 billion | 17.51 billion | 6 |
| 2010s | 34.62 billion | 19.20 billion | 46.62 billion | 10 |
| 2020s | 1.60 trillion | 46.20 billion | 4.59 trillion | 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 loans, commercial banks, of which: household sector loans in Namibia?
- Outstanding loans, commercial banks, of which: household sector loans in Namibia was 4.59 trillion in 2024, according to International Monetary Fund.
- What is the highest outstanding loans, commercial banks, of which: household sector loans recorded in Namibia?
- The highest recorded value was 4.59 trillion in 2024.
- What is the lowest outstanding loans, commercial banks, of which: household sector loans recorded in Namibia?
- The lowest recorded value was 10.01 billion in 2004.
- How does Namibia rank for outstanding loans, commercial banks, of which: household sector loans?
- Namibia ranks 21st out of 134 countries with data for 2024.
- Is outstanding loans, commercial banks, of which: household sector loans rising or falling in Namibia?
- Over the last ten years it is up 11,669.7%. 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 Outstanding Loans, Commercial Banks, of Which: Household Sector Loans. 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.