Private credit by deposit money banks and other financial in Namibia
Namibia: Private credit by deposit money banks and other financial was 69.7% in 2021. ▲ Rising
Private credit by deposit money banks and other financial in Namibia, 1990–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Namibia recorded 69.7% for private credit by deposit money banks and other financial in 2021.
That represents a change of down 4.3% on the previous year and up 41.4% over ten years.
Over the whole period, private credit by deposit money banks and other financial in Namibia peaked at 72.9% in 2020 and was at its lowest, 19.0%, in 1990.
That places Namibia 57th out of 187 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 32 years of available data.
Private credit by deposit money banks and other financial in Namibia, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 19.0% | — |
| 1991 | 19.3% | +1.7% |
| 1992 | 31.5% | +63.0% |
| 1993 | 36.3% | +15.1% |
| 1994 | 37.8% | +4.1% |
| 1995 | 43.4% | +14.9% |
| 1996 | 40.9% | -5.7% |
| 1997 | 41.6% | +1.6% |
| 1998 | 40.9% | -1.6% |
| 1999 | 39.1% | -4.4% |
| 2000 | 39.6% | +1.5% |
| 2001 | 41.2% | +3.9% |
| 2002 | 42.0% | +1.9% |
| 2003 | 44.7% | +6.5% |
| 2004 | 46.6% | +4.3% |
| 2005 | 51.7% | +10.9% |
| 2006 | 50.7% | -2.0% |
| 2007 | 50.3% | -0.7% |
| 2008 | 47.4% | -5.7% |
| 2009 | 48.0% | +1.2% |
| 2010 | 49.1% | +2.4% |
| 2011 | 49.3% | +0.4% |
| 2012 | 48.6% | -1.4% |
| 2013 | 50.6% | +4.2% |
| 2014 | 51.4% | +1.4% |
| 2015 | 65.6% | +27.7% |
| 2016 | 68.5% | +4.5% |
| 2017 | 65.1% | -5.1% |
| 2018 | 65.8% | +1.2% |
| 2019 | 70.9% | +7.7% |
| 2020 | 72.9% | +2.8% |
| 2021 | 69.7% | -4.3% |
Namibia compared with similar countries
- Namibia's 69.7% is above the median for lower middle income countries, which is 24.6%, 2.8× the median. (46 countries reporting)
- Namibia's 69.7% is above the median for Sub-Saharan Africa, which is 15.4%, 4.5× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Private credit by deposit money banks and other financial 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 |
|---|---|---|---|
| 1992 | +63.0% | 19.3% | 31.5% |
| 2015 | +27.7% | 51.4% | 65.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 35.0% | 19.0% | 43.4% | 10 |
| 2000s | 46.2% | 39.6% | 51.7% | 10 |
| 2010s | 58.5% | 48.6% | 70.9% | 10 |
| 2020s | 71.3% | 69.7% | 72.9% | 2 |
Countries ranked near Namibia
- 54 Cape Verde 70.8% compare
- 55 Philippines 70.7% compare
- 56 Israel 70.2% compare
- 58 Slovakia 68.3% compare
- 59 Honduras 66.7% compare
- 60 Saint Lucia 66.7% compare
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 private credit by deposit money banks and other financial in Namibia?
- Private credit by deposit money banks and other financial in Namibia was 69.7% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks and other financial recorded in Namibia?
- The highest recorded value was 72.9% in 2020.
- What is the lowest private credit by deposit money banks and other financial recorded in Namibia?
- The lowest recorded value was 19.0% in 1990.
- How does Namibia rank for private credit by deposit money banks and other financial?
- Namibia ranks 57th out of 187 countries with data for 2021.
- Is private credit by deposit money banks and other financial rising or falling in Namibia?
- Over the last ten years it is up 41.4%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks and other financial institutions to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks and other financial institutions (IFS lines 22d and 42d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF)