Namibia: Deposit interest rate

* indicates monthly or quarterly data series
 Namibia

Bank deposit interest rate, percent

 Latest value 5.77
 Reference November 2023
 Measure percent
 Data availability January 2019 - November 2023
 Average 4.65
 Min - Max 3.24 - 5.99
 Source Bank of Namibia
For that indicator, we provide data for Namibia from January 2019 to November 2023. The average value for Namibia during that period was 4.65 percent with a minimum of 3.24 percent in January 2021 and a maximum of 5.99 percent in April 2019. Click on the following link to see the values of Bank deposit interest rate, percent around the world.
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* indicates monthly or quarterly data series


Recent values chart
Namibia - Deposit interest rate - recent values

Historical chart
Namibia - Deposit interest rate - historical chart - 2019-2023
Measure: percent
Source: Bank of Namibia


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Definition: The deposit interest rate is the average interest rate on one year term deposits offered by the commercial banks to the household sector.

 Related indicators Latest value Reference Measure
 Inflation 6.1 2022 percent
 Money supply (broad money) 138.46 9/2023 billion
 Consumer Price Index (CPI) 165.3127 9/2023 index points
 Inflation, monthly 0.79 9/2023 percent
 Inflation, annual 5.37 9/2023 percent
 Private sector credit 106.33 9/2023 billion
 Business credit 40.36 9/2023 billion
 Household credit 65.97 9/2023 billion
 Mortgage credit 45.23 9/2023 billion
 Consumer credit 20.74 9/2023 billion
 Deposit interest rate 5.64 9/2023 percent
 Business credit interest rate 11.50 9/2023 percent
 USD exchange rate 17.7707 9/2023 Local Currency Units per USD
 Exchange rate regimes 3 2021 index points
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