Risk premium on lending (lending rate minus treasury bill rate, %) in Namibia
Namibia: Risk premium on lending (lending rate minus treasury bill rate, %) 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 58th out of 86 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 (lending rate minus treasury bill rate, %) 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% |
Namibia compared with similar countries
- Namibia's 2.2% is below the median for lower middle income countries, which is 3.5%, 63% of the median. (20 countries reporting)
- Namibia's 2.2% is below the median for Sub-Saharan Africa, which is 5.7%, 39% of the median. (22 countries reporting)
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
- 55 Philippines 2.8% compare
- 56 Hong Kong 2.7% compare
- 57 Montenegro 2.6% compare
- 59 Azerbaijan 2.2% compare
- 60 Canada 2.2% compare
- 61 Sri Lanka 2.2% 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 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 58th out of 86 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.