Namibia: Financial freedom

* indicates monthly or quarterly data series
 Namibia

Financial freedom index (0-100)

 Latest value 40
 Year 2023
 Measure points
 Data availability 1997 - 2023
 Average 49
 Min - Max 40 - 70
 Source The Heritage Foundation
For that indicator, we provide data for Namibia from 1997 to 2023. The average value for Namibia during that period was 49 points with a minimum of 40 points in 2010 and a maximum of 70 points in 1997. The latest value from 2023 is 40 points. For comparison, the world average in 2023 based on 175 countries is 49 points. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Namibia - Financial freedom - recent values

Historical chart
Namibia - Financial freedom - historical chart - 1997-2023




The Financial Freedom index for Namibia from The Heritage Foundation measures the efficiency of the banking system and the interventions of the government into the financial system. A higher score means more efficient banking institutions and less government intervention.
Definition: The Financial freedom index evaluates: the extent of government regulation of financial services, the degree of state intervention in banks and other financial firms through direct and indirect ownership, the extent of financial and capital market development, government influence on the allocation of credit and openness to foreign competition. Higher index values denote banking efficiency and independence from government control and interference in the financial sector.


 Related indicators Latest value Reference Measure
 Property rights 64 2023 points
 Freedom from corruption 53 2023 points
 Fiscal freedom 10 2023 points
 Business freedom 56 2023 points
 Labor freedom 63 2023 points
 Monetary freedom 78.50 2023 points
 Trade freedom 72 2023 points
 Investment freedom 65 2023 points
 Financial freedom 40 2023 points
 Economic freedom, overall index 58 2023 index points
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