Bank Interest Rate Spread Statistics in Namibia (2026)
According to World Bank World Development Indicators data, the bank interest rate spread in Namibia came to 5.6 percentage points in 2024. Essentially no change from 5.5 percentage points in 2023 to 5.6 percentage points in 2024. Namibia ranks #8 of 25 economies in Sub-Saharan Africa on this measure, and #55 of 105 globally.
Key Statistics
- Latest value (2024)
- 5.6 percentage points (2024)
- Bank Interest Rate Spread in Namibia as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- 0 pp (2024)
- Essentially no change from 5.5 percentage points in 2023 to 5.6 percentage points in 2024.
- Earliest value in this dataset (1991)
- 10.6 percentage points (1991)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Down from 10.6 percentage points in 1991 to 5.6 percentage points in 2024.
- Peak value (1991)
- 10.6 percentage points (1991)
- Highest value in the available series; the 2024 value is 5.6 percentage points.
- Rank in Sub-Saharan Africa (lower is better; rank 1 = lowest)
- #8 of 25 (2024)
- Namibia ranks 8 of 25 countries in Sub-Saharan Africa with data, based on each country's latest value. Ranked ascending because lower values are better for this metric.
- Global rank (lower is better; rank 1 = lowest)
- #55 of 105 (2024)
- Namibia ranks 55 of 105 countries with data globally. Ranked ascending because lower values are better for this metric.
- Sub-Saharan Africa average
- 11.3 percentage points (2024)
- Namibia (5.6 percentage points) is below the average of 11.3 percentage points across the 25 countries in Sub-Saharan Africa with data.
- Lending interest rate (%) (2024)
- 11% (2024)
- Related indicator from World Bank World Development Indicators.
- Deposit interest rate (%) (2024)
- 5.4% (2024)
- Related indicator from World Bank World Development Indicators.
- 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, 1991–2024
| Year | percentage points | Change |
|---|---|---|
| 2024 | 5.6 | +0.8% |
| 2023 | 5.5 | +13.2% |
| 2022 | 4.9 | +24.7% |
| 2021 | 3.9 | +5.8% |
| 2020 | 3.7 | −11.1% |
| 2019 | 4.2 | −2.4% |
| 2018 | 4.3 | +3.2% |
| 2017 | 4.1 | −1.3% |
| 2016 | 4.2 | −9.0% |
| 2015 | 4.6 | +3.6% |
| 2014 | 4.5 | +3.2% |
| 2013 | 4.3 | −3.0% |
| 2012 | 4.4 | −0.1% |
| 2011 | 4.4 | −5.8% |
| 2010 | 4.7 | −3.1% |
| 2009 | 4.9 | −8.9% |
| 2008 | 5.4 | +0.3% |
| 2007 | 5.3 | +9.3% |
| 2006 | 4.9 | +11.7% |
| 2005 | 4.4 | −13.3% |
| 2004 | 5 | −15.3% |
| 2003 | 5.9 | −1.4% |
| 2002 | 6 | −22.1% |
| 2001 | 7.7 | −1.9% |
| 2000 | 7.9 | +2.9% |
| 1999 | 7.7 | −1.4% |
| 1998 | 7.8 | +4.0% |
| 1997 | 7.5 | +13.3% |
| 1996 | 6.6 | −13.9% |
| 1995 | 7.7 | −2.6% |
| 1994 | 7.9 | −6.4% |
| 1993 | 8.4 | −5.0% |
| 1992 | 8.9 | −16.4% |
| 1991 | 10.6 | — |
Frequently asked questions
What is the latest figure for bank interest rate spread in Namibia?
The bank interest rate spread in Namibia stood at 5.6 percentage points in 2024, according to World Bank World Development Indicators data.
How does Namibia compare with other countries in Sub-Saharan Africa?
Namibia ranks 8 of 25 countries in Sub-Saharan Africa with data (ranked ascending; lower is better), with 5.6 percentage points versus a regional average of 11.3 percentage points (latest values per country).
Where does Namibia rank globally on bank interest rate spread?
Namibia ranks 55 of 105 countries with data globally (ranked ascending; lower is better), based on the latest World Bank World Development Indicators value for each country.
When did bank interest rate spread in Namibia peak?
The highest value in the available series was 10.6 percentage points in 1991; the latest (2024) value is 5.6 percentage points.
How recent is the bank interest rate spread data for Namibia?
The most recent observation is from 2024. World Bank World Development Indicators data is reported with a lag, so 2024 is the latest available year for Namibia.
Source & methodology
Source: World Bank, World Development Indicators, indicator
FR.INR.LNDP, 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 .