Deposit interest rate in Namibia in 2024 — 5.38%. Ranked 35 in the world out of 90. Since 1991, the indicator has fallen by 7.4 pp.
1991–2024 · % per annum
| Year | % | Change, pp |
|---|---|---|
| 2024 | 5.38 | −0.02 pp |
| 2023 | 5.39 | +1.67 pp |
| 2022 | 3.72 | +0.78 pp |
| 2021 | 2.94 | −1.22 pp |
| 2020 | 4.16 | −1.54 pp |
| 2019 | 5.71 | −0.16 pp |
| 2018 | 5.87 | −0.02 pp |
| 2017 | 5.89 | +0.24 pp |
| 2016 | 5.65 | +0.93 pp |
| 2015 | 4.71 | +0.47 pp |
| 2014 | 4.25 | +0.27 pp |
| 2013 | 3.98 | −0.23 pp |
| 2012 | 4.21 | −0.07 pp |
| 2011 | 4.28 | −0.71 pp |
| 2010 | 5 | −1.25 pp |
| 2009 | 6.24 | −2.14 pp |
| 2008 | 8.38 | +0.84 pp |
| 2007 | 7.55 | +1.25 pp |
| 2006 | 6.3 | +0.06 pp |
| 2005 | 6.24 | −0.11 pp |
| 2004 | 6.35 | −2.4 pp |
| 2003 | 8.76 | +0.95 pp |
| 2002 | 7.81 | +1.02 pp |
| 2001 | 6.79 | −0.6 pp |
| 2000 | 7.39 | −3.43 pp |
| 1999 | 10.82 | −2.12 pp |
| 1998 | 12.94 | +0.24 pp |
| 1997 | 12.7 | +0.14 pp |
| 1996 | 12.56 | +1.72 pp |
| 1995 | 10.84 | +1.66 pp |
| 1994 | 9.18 | −0.43 pp |
| 1993 | 9.61 | −1.75 pp |
| 1992 | 11.36 | −1.41 pp |
| 1991 | 12.77 | — |
The same indicator for neighboring countries — with links to their pages
The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.
Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.
Source: World Economic Outlook (IMF), license IMF open data.
The average rate at which banks lend to businesses and households.
Finance Real interest rateThe lending rate less inflation — the true cost of borrowed money.
Economy Consumer price inflationThe annual change in the consumer price index, in percent.
Finance Current account balanceThe balance of a country's external transactions as a percent of GDP: surplus or deficit.
Finance Current account balance (World Bank)The current account balance as a percent of GDP from World Bank data.
Finance Broad money (% of GDP)The amount of money in the economy as a percent of GDP — the depth of the financial system.
