Private credit by deposit money banks to GDP in Namibia

Namibia: Private credit by deposit money banks to GDP was 59.0% in 2021. ▲ Rising

Latest (2021)
59.0%
Change on year
down 2.8%
World rank
65th
of 187 countries
All-time high
60.7%
in 2020
All-time low
19.0%
in 1990
Years of data
32
1990–2021

Private credit by deposit money banks to GDP in Namibia, 1990–2021

20304050601990200520211990: 19 %1991: 19.3 %1992: 31.5 %1993: 36.3 %1994: 37.8 %1995: 43.4 %1996: 40.9 %1997: 41.6 %1998: 40.9 %1999: 39.1 %2000: 39.6 %2001: 41.2 %2002: 42 %2003: 44.7 %2004: 46.6 %2005: 51.7 %2006: 50.7 %2007: 50.3 %2008: 47.4 %2009: 48 %2010: 49.1 %2011: 49.3 %2012: 48.6 %2013: 50.6 %2014: 51.4 %2015: 54 %2016: 54.3 %2017: 52.4 %2018: 53.2 %2019: 56.9 %2020: 60.7 %2021: 59 %

Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.

Analysis

The most recent figure for private credit by deposit money banks to gdp in Namibia is 59.0%, measured in 2021.

That represents a change of down 2.8% on the previous year and up 19.7% over ten years.

Over the whole period, private credit by deposit money banks to gdp in Namibia peaked at 60.7% in 2020 and was at its lowest, 19.0%, in 1990.

That places Namibia 65th 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 to GDP in Namibia, year by year

Annual values for Private credit by deposit money banks to GDP (%) in Namibia, 1990 to 2021.
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 54.0% +5.1%
2016 54.3% +0.5%
2017 52.4% -3.5%
2018 53.2% +1.6%
2019 56.9% +7.0%
2020 60.7% +6.7%
2021 59.0% -2.8%

Averages by decade

DecadeAverage LowestHighest Years
1990s 35.0% 19.0% 43.4% 10
2000s 46.2% 39.6% 51.7% 10
2010s 52.0% 48.6% 56.9% 10
2020s 59.8% 59.0% 60.7% 2

Countries ranked near Namibia

  1. 62 Estonia 60.9% compare
  2. 63 Saint Kitts and Nevis 60.0% compare
  3. 64 Armenia 59.0% compare
  4. 66 Vanuatu 58.8% compare
  5. 67 Jamaica 58.1% compare
  6. 68 Samoa 57.9% compare

See the full ranking of 187 places →

More financial sector data for Namibia

All data for Namibia →

Frequently asked questions

What is private credit by deposit money banks to gdp in Namibia?
Private credit by deposit money banks to gdp in Namibia was 59.0% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
What is the highest private credit by deposit money banks to gdp recorded in Namibia?
The highest recorded value was 60.7% in 2020.
What is the lowest private credit by deposit money banks to gdp recorded in Namibia?
The lowest recorded value was 19.0% in 1990.
How does Namibia rank for private credit by deposit money banks to gdp?
Namibia ranks 65th out of 187 countries with data for 2021.
Is private credit by deposit money banks to gdp rising or falling in Namibia?
Over the last ten years it is up 19.7%. 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 to GDP (%). Statizoid updates them automatically from the source API.

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Private credit by deposit money banks to GDP in Namibia. Statizoid, drawing on International Financial Statistics (IFS), International Monetary Fund (IMF). Retrieved 10 September 2026, from https://financial-sector.statizoid.com/stat/private-credit-by-deposit-money-banks-to-gdp-percent/namibia/

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About this data

Indicator
Private credit by deposit money banks to GDP (%)
Unit
%
Source
International Financial Statistics (IFS), International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
187 places, 8,608 data points, 1960–2021
Last refreshed

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 (IFS line 22d); 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).