Namibia: Business credit interest rate
* indicates monthly or quarterly data series
The most recent value is 10 percent as of May 2026, no change compared to the previous value of 10 percent. Historically, the average for Namibia from January 2019 to May 2026 is 9.7 percent. The minimum of 7.5 percent was recorded in July 2020, while the maximum of 11.5 percent was reached in June 2023.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Bank of Namibia
| Recent values | Namibia: Business credit interest rate, percent |
|---|---|
| 2026 May | 10 |
| 2026 Apr | 10 |
| 2026 Mar | 10 |
| 2026 Feb | 10 |
| 2026 Jan | 10 |
| 2025 Dec | 10 |
| 2025 Nov | 10.13 |
| 2025 Oct | 10.13 |
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Definition: The business credit interest rate is the average interest rate on the loan products offered by commercial banks to non-financial corporations. The business credit is a credit specifically intended for business purposes including secured and unsecured business loans to small or large business with variable or fixed interest rate.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Inflation | 3.5 | 2025 | percent |
| Exchange rate regimes | 3 | 2023 | index points |
| USD exchange rate | 16.4497 | 7/2026 | Local Currency Units per USD |
| Money supply (broad money) | 167.98 | 12/2025 | billion |
| Consumer Price Index (CPI) | 184.4149 | 6/2026 | index points |
| Inflation, monthly | 0.30 | 6/2026 | percent |
| Inflation, annual | 4.39 | 6/2026 | percent |
| Private sector credit | 115.58 | 5/2026 | billion |
| Business credit | 43.69 | 5/2026 | billion |
| Household credit | 71.89 | 5/2026 | billion |
| Mortgage credit | 46.66 | 5/2026 | billion |
| Consumer credit | 25.23 | 5/2026 | billion |
| Deposit interest rate | 4.15 | 5/2026 | percent |
| Business credit interest rate | 10.00 | 5/2026 | percent |
| Bank deposits, total | 177.08 | 4/2026 | billion local currency units |