Namibia - Lending interest rate

Lending interest rate (%)

The latest value for Lending interest rate (%) in Namibia was 6.86 as of 2021. Over the past 30 years, the value for this indicator has fluctuated between 23.36 in 1991 and 6.86 in 2021.

Definition: Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1991 23.36
1992 20.21
1993 18.02
1994 17.05
1995 18.51
1996 19.16
1997 20.18
1998 20.72
1999 18.48
2000 15.28
2001 14.53
2002 13.84
2003 14.70
2004 11.39
2005 10.61
2006 11.18
2007 12.88
2008 13.74
2009 11.12
2010 9.72
2011 8.73
2012 8.65
2013 8.29
2014 8.70
2015 9.32
2016 9.84
2017 10.03
2018 10.14
2019 9.88
2020 7.87
2021 6.86

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates