Namibia - Domestic credit provided by banking sector

Domestic credit provided by financial sector (% of GDP)

Domestic credit provided by financial sector (% of GDP) in Namibia was 97.25 as of 2020. Its highest value over the past 5 years was 97.25 in 2020, while its lowest value was 69.91 in 2015.

Definition: Domestic credit provided by the financial sector includes all credit to various sectors on a gross basis, with the exception of credit to the central government, which is net. The financial sector includes monetary authorities and deposit money banks, as well as other financial corporations where data are available (including corporations that do not accept transferable deposits but do incur such liabilities as time and savings deposits). Examples of other financial corporations are finance and leasing companies, money lenders, insurance corporations, pension funds, and foreign exchange companies.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

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Classification

Topic: Financial Sector Indicators

Sub-Topic: Assets