Risk premium on lending in Namibia
Namibia: Risk premium on lending was 2.2% in 2024. ▼ Falling
Risk premium on lending in Namibia, 1991–2024
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in lending rate minus treasury bill rate, %.
Analysis
In 2024, risk premium on lending in Namibia stood at 2.2%.
Compared with earlier readings it is down 5.2% on the previous year and down 22.4% over ten years.
Over the whole period, risk premium on lending in Namibia peaked at 6.8% in 1991 and was at its lowest, 1.7%, in 2017.
That places Namibia 59th out of 85 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 34 years of available data.
Risk premium on lending in Namibia, year by year
| Year | lending rate minus treasury bill rate, % | Change |
|---|---|---|
| 1991 | 6.8% | — |
| 1992 | 6.3% | -7.2% |
| 1993 | 5.9% | -7.5% |
| 1994 | 5.7% | -2.7% |
| 1995 | 4.6% | -19.4% |
| 1996 | 3.9% | -14.8% |
| 1997 | 4.5% | +14.7% |
| 1998 | 3.5% | -22.4% |
| 1999 | 5.2% | +49.6% |
| 2000 | 5.0% | -3.7% |
| 2001 | 5.2% | +4.6% |
| 2002 | 2.8% | -46.0% |
| 2003 | 4.2% | +47.8% |
| 2004 | 3.6% | -13.7% |
| 2005 | 3.5% | -2.6% |
| 2006 | 3.9% | +11.5% |
| 2007 | 4.3% | +9.4% |
| 2008 | 4.1% | -4.5% |
| 2009 | 2.9% | -28.5% |
| 2010 | 3.3% | +11.3% |
| 2011 | 3.1% | -4.7% |
| 2012 | 3.1% | -0.0% |
| 2013 | 2.9% | -7.8% |
| 2014 | 2.9% | +0.7% |
| 2015 | 2.8% | -1.7% |
| 2016 | 3.3% | +14.7% |
| 2017 | 1.7% | -48.9% |
| 2018 | 2.1% | +29.4% |
| 2019 | 2.3% | +5.1% |
| 2020 | 2.6% | +16.4% |
| 2021 | 2.3% | -12.8% |
| 2022 | 2.2% | -5.1% |
| 2023 | 2.4% | +8.7% |
| 2024 | 2.2% | -5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 5.2% | 3.5% | 6.8% | 9 |
| 2000s | 4.0% | 2.8% | 5.2% | 10 |
| 2010s | 2.7% | 1.7% | 3.3% | 10 |
| 2020s | 2.3% | 2.2% | 2.6% | 5 |
Countries ranked near Namibia
More financial sector data for Namibia
- Total reserves in months of imports, annual growth rate 6.17 % change on previous year (2024)
- Total reserves in months of imports, per unit of GDP 0 units per US$ of GDP (2024)
- Total reserves in months of imports, per capita 0 units per person (2024)
- Reserves excluding gold, foreign exchange (SDR), annual growth rate -12.57 % change on previous year (2025)
- Reserves excluding gold, foreign exchange (SDR), per unit of GDP 0.1392 SDR per US$ of GDP (2025)
- Reserves excluding gold, foreign exchange (SDR), per capita 678.58 SDR per person (2025)
- Reserves excluding gold (SDR), annual growth rate -11.9 % change on previous year (2025)
- Reserves excluding gold (SDR), per capita 732.96 SDR per person (2025)
- Total reserves (gold at market value) (SDR), annual growth rate -11.9 % change on previous year (2025)
- Total reserves (gold at market value) (SDR), per capita 732.96 SDR per person (2025)
Frequently asked questions
- What is risk premium on lending in Namibia?
- Risk premium on lending in Namibia was 2.2% in 2024, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest risk premium on lending recorded in Namibia?
- The highest recorded value was 6.8% in 1991.
- What is the lowest risk premium on lending recorded in Namibia?
- The lowest recorded value was 1.7% in 2017.
- How does Namibia rank for risk premium on lending?
- Namibia ranks 59th out of 85 countries with data for 2024.
- Is risk premium on lending rising or falling in Namibia?
- Over the last ten years it is down 22.4%. The long-run trend across the full record is falling.
- Where does this Namibia data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Risk premium on lending (lending rate minus treasury bill rate, %). Statizoid updates them automatically from the source API.
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About this data
Risk premium on lending is the interest rate charged by banks on loans to private sector customers minus the "risk free" treasury bill interest rate at which short-term government securities are issued or traded in the market. In some countries this spread may be negative, indicating that the market considers its best corporate clients to be lower risk than the government. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.