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Deposit Interest Rate in Namibia

Deposit Interest Rate in Namibia

Indicator Data Period
Deposit Interest Rate 3.72 % 2022


Latest data on Deposit Interest Rate (%)

Deposit Interest Rate
                     Namibia - Historical Data (%)

What is average deposit bank interest rate in Namibia?

  • Bank Deposit Interest Rate in Namibia increased to 3.72 % in 2022. The maximum rate was 12.94 % and minimum was 3.98 %.
  • Data published Yearly by World Bank.

Historical Data (%) by years

Data
Period
Date
3.72 2022 07.03.2023
4.02 2021 13.03.2022
4.16 2020 09.02.2021
5.7 2019 20.05.2020
5.9 2018 29.10.2019
5.9 2017 04.07.2019


Historical Chart by presidents (%)

Deposit Interest Rate in Namibia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other money indicators in Namibia

Index Updated Actual Previous
Interest Rate Feb/23 7 % 6.75
Money Supply M1 Dec/22 3.945 B USD 3.902
Central Bank Balance Sheet Jan/23 2.586 B USD 2.676
Foreign Direct Investment 3Q/22 0.336 B USD 0.212

Deposit Interest Rate in other countries

Country Updated Actual Previous
Kenya 2021 6.69 % 6.97
Madagascar Dec/22 13 % 13
Tanzania 3Q/19 7.5 % 7.3
Togo 2017 6.49 % 6.93
Nigeria Jan/23 8.76 % 8.79
Morocco 2022 2.5 % 2.6
Senegal 2017 6.49 % 6.93
Seychelles 2022 1.67 % 2.79
South Africa Jan/23 5.81 % 6.15
Uganda Jan/23 11.47 % 10.72
Rwanda 2022 7.58 % 8.05
Zambia Jun/21 8.11 % 8.22
Namibia 2022 3.72 % 2.94
Swaziland 2022 2.16 % 1.78
Libya 2014 2.5 % 2.5
Algeria Jan/23 1.75 % 1.75
Angola 2022 7.1 % 7.05
Benin 2017 6.49 % 6.93
Botswana Jan/23 1.53 % 1.53
Burkina Faso 2017 6.5 % 6.9
Central African Republic 2017 2.45 % 2.45
Chad 2017 2.45 % 2.45
Comoros 2022 2.06 % 1.75
Republic of the Congo 2017 2.45 % 2.45
Djibouti 2017 1.65 % 1.5
Equatorial Guinea 2017 2.45 % 2.45
Gabon 2017 2.45 % 2.45
Gambia 2Q/19 9 % 9
Guatemala 2022 3.91 % 4.14
Guinea Bissau 2017 6.49 % 6.93
Lesotho 2022 4.24 % 4.24
Mali 2017 6.5 % 6.9
Niger 2017 6.49 % 6.93
Sao Tome and Principe 2Q/19 3.36 % 3.28
Sierra Leone 2023 12.25 % 12.25