Namibia Domestic Credit
Domestic credit provided by financial sector as % of GDP FS.AST.DOMS.GD.ZS
Namibia's domestic credit was 106.88% in 2025, ranked 10th globally. This represents a 20.0% increase from 2024. Data from World Bank, covering 2015–2025.
Overview
Namibia's domestic credit stood at 106.88% in 2025, a rise of +17.80% from 2022. Based on recent trends, this figure is projected to reach 106.88% by 2025. Namibia ranked 10th globally.
Namibia’s domestic credit to the private sector has risen sharply over the nine‑year span from 69.91 in 2015 to 106.88 in 2025, placing the country at the tenth highest level globally in the most recent year. This ascent represents both the all‑time peak and a 53.1 percent increase from the trough recorded a decade earlier, indicating a sustained expansion of financial intermediation despite modest population growth. The upward trajectory mirrors that of peer economies such as El Salvador, which posted a slightly higher credit level of 108.93, and contrasts with Tunisia’s 100.75, suggesting Namibia is moving toward the upper tier of credit‑rich nations. The growth reflects broader macro‑policy efforts to deepen banking penetration and support private‑sector investment, yet it also raises questions about credit quality and vulnerability to external shocks. Continued diversification of funding sources and tighter risk‑management frameworks will be crucial to sustain the positive trend and mitigate potential reversals.
Data & projection
| Year | Domestic Credit | YoY change | Rank |
|---|---|---|---|
| 2025* trend | 106.88% | - | - |
| 2025 | 106.88% | +17.80% | #10 |
| 2022 | 89.08% | −15.52% | #37 |
| 2021 | 104.60% | +7.03% | #41 |
| 2020 | 97.57% | +6.40% | #37 |
| 2019 | 91.17% | +9.42% | #41 |
| 2018 | 81.74% | +1.56% | #37 |
| 2017 | 80.18% | −0.80% | #38 |
| 2016 | 80.99% | +11.08% | #39 |
| 2015 | 69.91% | – | #30 |
Detected Pattern
Analysis
Namibia matched the Stagflation Risk pattern in 2009. Historically, 38% of countries showing this pattern (117 out of 307) saw domestic credit improve within 24 months. View full analysis →
Frequently Asked Questions
Namibia's domestic credit was 106.88% in 2025. Ranked 10th globally. This represents a 20.0% increase from the previous year.
Namibia's domestic credit peaked at 106.88% in 2025.
The lowest domestic credit in Namibia was 69.91% in 2015.
Namibia ranks 10th globally in domestic credit as of 2025.
The World Bank indicator code is FS.AST.DOMS.GD.ZS. Data sourced from World Bank.
Namibia's domestic credit is projected to reach 106.88% by 2025 based on trend extrapolation.
The domestic credit of Namibia in 2025 was 106.88%. This ranks 10th in the world.
Cite this page
@misc{historysaid_namibia_domestic-credit,
title = {Namibia Domestic Credit},
url = {https://historysaid.com/namibia/domestic-credit/},
publisher = {HistorySaid},
year = {2026}
}