Business Working Capital Financing Statistics in Namibia (2026)
In 2024, 28% of firms in Namibia used banks to finance working capital, according to World Bank World Development Indicators data. Up from 11.8% in 2014 to 28% in 2024 (+16.2 percentage points). Namibia ranks #13 of 45 economies in Sub-Saharan Africa on this measure, and #68 of 145 globally.
Key Statistics
- Latest value (2024)
- 28% (2024)
- Business Working Capital Financing in Namibia as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2014
- +16.2 pp (2024)
- Up from 11.8% in 2014 to 28% in 2024 (+16.2 percentage points).
- Earliest value in this dataset (2006)
- 19.6% (2006)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from 19.6% in 2006 to 28% in 2024.
- Record high (2024)
- 28% (2024)
- The 2024 value is the highest in the available World Bank World Development Indicators series for Namibia.
- Rank in Sub-Saharan Africa
- #13 of 45 (2024)
- Namibia ranks 13 of 45 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #68 of 145 (2024)
- Namibia ranks 68 of 145 countries with data globally.
- Sub-Saharan Africa average
- 20.6% (2024)
- Namibia (28%) is above the average of 20.6% across the 45 countries in Sub-Saharan Africa with data.
- Firms with a bank loan/line of credit (% of firms) (2024)
- 36% (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, 2006–2024
| Year | % of firms | Change |
|---|---|---|
| 2024 | 28% | +16.2 pp |
| 2014 | 11.8% | −7.8 pp |
| 2006 | 19.6% | — |
Frequently asked questions
What share of firms in Namibia used banks to finance working capital?
28% of firms in Namibia used banks to finance working capital in 2024, according to World Bank World Development Indicators data.
How has business working capital financing in Namibia changed over time?
World Bank World Development Indicators data show a rise from 19.6% in 2006 to 28% in 2024.
How does Namibia compare with other countries in Sub-Saharan Africa?
Namibia ranks 13 of 45 countries in Sub-Saharan Africa with data, with 28% versus a regional average of 20.6% (latest values per country).
Source & methodology
Source: World Bank, World Development Indicators, indicator
IC.FRM.BKWC.ZS, 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 .