Credit to the private sector — all countries

Credit to the private sector — Namibia

Credit to the private sector in Namibia in 2024 — 55.06%. Ranked 55 in the world out of 143. Since 2015, the indicator has fallen by 10.57 pp.

2024 55.06% −1.01 pp vs 2023
World rank 55of 143
Period maximum 72.77%2020
Period minimum 55.06%2024

Trend over time

2015–2024 · % of GDP

Credit to the private sector — Namibia, 2015–2024556065707520152016201720182019202020212022202320242015: 65.63%2016: 68.57%2017: 65.09%2018: 65.84%2019: 70.95%2020: 72.77%2021: 68.85%2022: 61.4%2023: 56.07%2024: 55.06%
Change over the period: −10.57 pp Annual average: -1.17 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Namibia

Namibia 55.06%
World 140.32%
Southern Africa computed 84.82%
Credit to the private sector — Namibia, by year Namibia All countries CSV XLSX
Year % Change, pp
2024 55.06 −1.01 pp
2023 56.07 −5.33 pp
2022 61.4 −7.45 pp
2021 68.85 −3.92 pp
2020 72.77 +1.82 pp
2019 70.95 +5.11 pp
2018 65.84 +0.76 pp
2017 65.09 −3.49 pp
2016 68.57 +2.95 pp
2015 65.63

Southern Africa, 2024

The same indicator for neighboring countries — with links to their pages

About the indicator

Domestic credit to the private sector by financial institutions as a percent of GDP: loans, purchases of non-equity securities, trade credit and other accounts receivable. An indicator of financial development, but of potential risk as well: growth that is too fast relative to GDP is one of the most reliable precursors of banking crises.

Source: World Economic Outlook (IMF), license IMF open data.