Bank Account Ownership Statistics in Namibia (2026)
According to World Bank Global Findex data, 62.7% of adults in Namibia had an account at a bank or similar financial institution in 2024. Down from 65.6% in 2021 to 62.7% in 2024 (−2.9 percentage points). Namibia ranks #3 of 36 economies in Sub-Saharan Africa on this measure, and #78 of 145 globally.
Key Statistics
- Latest value (2024)
- 62.7% (2024)
- Bank Account Ownership in Namibia as of 2024, the most recent observation in World Bank Global Findex data.
- Change since 2021
- −2.9 pp (2024)
- Down from 65.6% in 2021 to 62.7% in 2024 (−2.9 percentage points).
- Earliest value in this dataset (2014)
- 58.1% (2014)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 58.1% in 2014 to 62.7% in 2024.
- Peak value (2017)
- 77.3% (2017)
- Highest value in the available series; the 2024 value is 62.7%.
- Rank in Sub-Saharan Africa
- #3 of 36 (2024)
- Namibia ranks 3 of 36 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #78 of 145 (2024)
- Namibia ranks 78 of 145 countries with data globally.
- Sub-Saharan Africa average
- 30.3% (2024)
- Namibia (62.7%) is above the average of 30.3% across the 36 countries in Sub-Saharan Africa with data.
- Among women (2024)
- 66.1% (2024)
- Value for women in Namibia, same 2024 World Bank Global Findex data.
- Among men (2024)
- 59.1% (2024)
- Value for men in Namibia, same 2024 World Bank Global Findex data.
- Gender gap (women minus men)
- +7 pp (2024)
- In 2024, the figure was 66.1% for women and 59.1% for men — 7 percentage points higher among women.
- In rural areas (2024)
- 58.6% (2024)
- Value for rural residents of Namibia in 2024.
- Rural gap vs national
- −4.1 pp (2024)
- Rural residents (58.6%) are 4.1 percentage points below the national figure (62.7%).
- Among the poorest 40% (2024)
- 46.4% (2024)
- Value for adults in the poorest 40% of households in Namibia in 2024.
- Poorest-40% gap vs national
- −16.3 pp (2024)
- The poorest 40% (46.4%) are 16.3 percentage points below the national figure (62.7%).
- Internet use in Namibia (2024)
- 64.9% (2024)
- 64.9% of the population in Namibia used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 3 million (2024)
- Namibia had a population of 3 million in 2024 (World Bank); shown for scale only.
Trend, 2014–2024
| Year | % of adults (age 15+) | Change |
|---|---|---|
| 2024 | 62.7% | −2.9 pp |
| 2021 | 65.6% | −11.8 pp |
| 2017 | 77.3% | +19.3 pp |
| 2014 | 58.1% | — |
Frequently asked questions
What share of adults in Namibia had an account at a bank or similar financial institution?
62.7% of adults in Namibia had an account at a bank or similar financial institution in 2024, according to World Bank Global Findex data.
Where does Namibia rank globally on bank account ownership?
Namibia ranks 78 of 145 countries with data globally, based on the latest World Bank Global Findex value for each country.
Is there a gender gap in bank account ownership in Namibia?
Yes — in 2024 the figure was 66.1% for women and 59.1% for men, a gap of 7 percentage points in favor of women.
When did bank account ownership in Namibia peak?
The highest value in the available series was 77.3% in 2017; the latest (2024) value is 62.7%.
Source & methodology
Source: World Bank Global Findex, indicator
fiaccount.t.d, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .