Namibia Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
Namibia's interest rate spread was 6.33% in 2025, ranked 32nd globally. This represents a 13.5% increase from 2024. Data from World Bank, covering 1991–2025.
Overview
Namibia's interest rate spread stood at 6.33% in 2025, a rise of +0.75pp from 2024. Based on recent trends, this figure is projected to reach 6.33% by 2025. Namibia ranked 32nd globally.
Namibia’s interest‑rate spread has narrowed markedly over the 35‑year series, falling from an all‑time peak of 10.59% in 1991 to a trough of 3.71% in 2020 before rising again to 6.33% in 2025, placing the country 32nd globally. The contraction after the early 1990s reflects a gradual convergence of policy and market rates as the banking sector deepened and inflation expectations stabilized, while the modest rebound since 2020 coincides with tighter monetary conditions worldwide. Compared with peers of similar rank, Namibia’s spread is slightly above Trinidad and Tobago’s 6.39% and Belize’s 6.27%, suggesting a marginally higher cost of intermediation. The recent uptick signals that further tightening of monetary policy or external financing pressures could sustain a higher spread, whereas continued financial sector reforms and lower global interest rates would be needed to resume the downward trajectory observed in the early 2000s.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 7.40% | - | - |
| 2026* trend | 6.87% | - | - |
| 2025* trend | 6.33% | - | - |
| 2025 | 6.33% | +0.75pp | #32 |
| 2024 | 5.58% | +0.05pp | #42 |
| 2023 | 5.53% | +0.64pp | #49 |
| 2022 | 4.89% | +0.97pp | #36 |
| 2021 | 3.92% | +0.21pp | #34 |
| 2020 | 3.71% | −0.46pp | #31 |
| 2019 | 4.17% | −0.10pp | #39 |
| 2018 | 4.28% | +0.13pp | #35 |
| 2017 | 4.14% | −0.06pp | #42 |
| 2016 | 4.20% | −0.41pp | #43 |
| 2015 | 4.61% | +0.16pp | #51 |
| 2014 | 4.45% | +0.14pp | #45 |
| 2013 | 4.31% | −0.13pp | #47 |
| 2012 | 4.44% | −0.00pp | #42 |
| 2011 | 4.45% | −0.28pp | #41 |
Detected Pattern
Analysis
Namibia matched the Stagflation Risk pattern in 2009. Historically, 38% of countries showing this pattern (117 out of 307) saw interest rate spread improve within 24 months. View full analysis →
Frequently Asked Questions
Namibia's interest rate spread was 6.33% in 2025. Ranked 32nd globally. This represents a 13.5% increase from the previous year.
Namibia's interest rate spread peaked at 10.59% in 1991.
The lowest interest rate spread in Namibia was 3.71% in 2020.
Namibia ranks 32nd globally in interest rate spread as of 2025.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
Namibia's interest rate spread is projected to reach 6.33% by 2025 based on trend extrapolation.
The interest rate spread of Namibia in 2025 was 6.33%. This ranks 32nd in the world.
Cite this page
@misc{historysaid_namibia_interest-rate-spread,
title = {Namibia Interest Rate Spread},
url = {https://historysaid.com/namibia/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}