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Namibia · Interest rate

Namibia Interest rate

The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31

Latest · 202410.96%
Previous · 202310.93%
Highest · 199123.36%
Lowest · 20216.86%

Namibia's interest rate stands at 10.96% as of 2024-12-31, up from 10.93% in 2023. Historical data runs from 1991 to 2024 (34 observations).

Recent trend

In 2024, Namibia's interest rate was 10.96%, up from 10.93% in 2023.

In 2023, Namibia's interest rate was 10.93%, up from 8.61% in 2022.

In 2022, Namibia's interest rate was 8.61%, up from 6.86% in 2021.

In 2021, Namibia's interest rate was 6.86%, down from 7.87% in 2020.

In 2020, Namibia's interest rate was 7.87%, down from 9.88% in 2019.

Namibia Interest rate — historical data

YearValueChange
202410.96%+0.0299%
202310.93%+2.31%
20228.61%+1.75%
20216.86%-1.01%
20207.87%-2.01%
20199.88%-0.2663%
201810.14%+0.1154%
201710.03%+0.1823%
20169.84%+0.5203%
20159.32%+0.625%
20148.7%+0.41%
20138.29%-0.3627%
20128.65%-0.0781%
20118.73%-0.99%
20109.72%-1.4%
200911.12%-2.62%
200813.74%+0.8525%
200712.88%+1.7%
200611.18%+0.5708%
200510.61%-0.7792%
200411.39%-3.31%
200314.7%+0.8633%
200213.84%-0.6942%
200114.53%-0.7467%
200015.28%-3.21%
199918.48%-2.23%
199820.72%+0.54%
199720.18%+1.02%
199619.16%+0.6517%
199518.51%+1.46%
199417.05%-0.9675%
199318.02%-2.19%
199220.21%-3.15%
199123.36%

The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).

More Namibia data

Frequently asked questions

What is Namibia's interest rate?

Namibia's interest rate is 10.96% as of 2024-12-31, compared with 10.93% in 2023. The World Bank — World Development Indicators (CC BY 4.0)

What was the highest interest rate in Namibia?

The highest recorded value is 23.36% (1991); the lowest is 6.86% (2021), across data from 1991 to 2024.

Where does this data come from?

The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.