Bank Borrowers Statistics in Namibia (2026)
As of 2022, commercial bank borrowers in Namibia was 338.3 per 1,000 adults, per World Bank World Development Indicators data. Down from 340.3 per 1,000 adults in 2021 to 338.3 per 1,000 adults in 2022. Namibia ranks #2 of 33 economies in Sub-Saharan Africa on this measure, and #29 of 101 globally.
Key Statistics
- Latest value (2022)
- 338.3 per 1,000 adults (2022)
- Bank Borrowers in Namibia as of 2022, the most recent observation in World Bank World Development Indicators data.
- Change since 2021
- −0.6% (2022)
- Down from 340.3 per 1,000 adults in 2021 to 338.3 per 1,000 adults in 2022.
- CAGR 2004–2022
- +13.6% per year (2022)
- Compound annual growth rate from 33.9 per 1,000 adults in 2004 to 338.3 per 1,000 adults in 2022.
- Earliest value in this dataset (2004)
- 33.9 per 1,000 adults (2004)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 33.9 per 1,000 adults in 2004 to 338.3 per 1,000 adults in 2022.
- Peak value (2021)
- 340.3 per 1,000 adults (2021)
- Highest value in the available series; the 2022 value is 338.3 per 1,000 adults.
- Rank in Sub-Saharan Africa
- #2 of 33 (2022)
- Namibia ranks 2 of 33 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #29 of 101 (2022)
- Namibia ranks 29 of 101 countries with data globally.
- Sub-Saharan Africa average
- 91.3 per 1,000 adults (2022)
- Namibia (338.3 per 1,000 adults) is above the average of 91.3 per 1,000 adults across the 33 countries in Sub-Saharan Africa with data.
- Projected 2026 value
- 400 per 1,000 adults (2026)
- Projection based on 7-year trend (CAGR 4.3%); not an official figure.
- Number of borrowers from commercial banks per 1,000 adults (2024)
- 297.1 per 1,000 adults (2024)
- Related indicator from IMF Financial Access Survey (alternative source for cross-checking; not merged with the main series).
- 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, 2004–2022
| Year | per 1,000 adults | Change |
|---|---|---|
| 2022 | 338 | −0.6% |
| 2021 | 340 | +14.5% |
| 2020 | 297 | −6.9% |
| 2019 | 319 | +5.0% |
| 2018 | 304 | −3.5% |
| 2017 | 315 | −1.3% |
| 2016 | 319 | +26.4% |
| 2015 | 252 | −3.2% |
| 2014 | 261 | −4.1% |
| 2013 | 272 | +31.7% |
| 2012 | 206 | +34.9% |
| 2011 | 153 | +204.9% |
| 2010 | 50.2 | −0.4% |
| 2009 | 50.4 | −1.6% |
| 2008 | 51.2 | −1.3% |
| 2007 | 51.8 | +6.4% |
| 2006 | 48.7 | +47.5% |
| 2005 | 33 | −2.7% |
| 2004 | 33.9 | — |
Frequently asked questions
What is the latest figure for commercial bank borrowers in Namibia?
Commercial bank borrowers in Namibia stood at 338.3 per 1,000 adults in 2022, according to World Bank World Development Indicators data.
How does Namibia compare with other countries in Sub-Saharan Africa?
Namibia ranks 2 of 33 countries in Sub-Saharan Africa with data, with 338.3 per 1,000 adults versus a regional average of 91.3 per 1,000 adults (latest values per country).
Where does Namibia rank globally on bank borrowers?
Namibia ranks 29 of 101 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
What could bank borrowers in Namibia look like in 2026?
A trend-based projection puts it at 400 per 1,000 adults in 2026. Projection based on 7-year trend (CAGR 4.3%); not an official figure.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FB.CBK.BRWR.P3, 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 .