Namibia M2 Money Supply Growth
Broad money growth (annual %) FM.LBL.BMNY.ZG
Namibia's m2 money supply growth was 6.76% in 2021, ranked 37th globally. This represents a 16.3% decrease from 2020. Data from World Bank, covering 1991–2021.
Overview
Namibia's m2 money supply growth stood at 6.76% in 2021, a decline of +1.32pp from 2020. Namibia ranked 37th globally.
Namibia’s M2 money‑supply growth has moderated sharply since the early 2000s, falling from a 30.30 % increase in 1991 to an all‑time trough of 2.09 % in 2003 before spiking to a peak of 59.59 % in 2009, a response to expansive fiscal stimulus and commodity price booms during the global financial crisis. By 2021 the annual growth rate stood at 6.76 %, placing Namibia 37th worldwide and closely aligning with peer economies such as Australia (6.70 %) and the Czech Republic (6.77 %). The post‑crisis surge was tempered by tighter monetary policy and a gradual realignment of the exchange rate, resulting in a more sustainable pace that mirrors regional trends. Continued resilience of the mining sector and prudent fiscal management are likely to keep growth near the current level, while any major external shock or significant policy shift could alter the trajectory.
Data & projection
| Year | M2 Money Supply Growth | YoY change | Rank |
|---|---|---|---|
| 2021 | 6.76% | −1.32pp | #37 |
| 2020 | 8.08% | −2.46pp | #37 |
| 2019 | 10.53% | +4.14pp | #103 |
| 2018 | 6.39% | −7.59pp | #67 |
| 2017 | 13.98% | +7.93pp | #118 |
| 2016 | 6.05% | −3.05pp | #54 |
| 2015 | 9.10% | +1.26pp | #80 |
| 2014 | 7.84% | −4.94pp | #62 |
| 2013 | 12.78% | +8.64pp | #95 |
| 2012 | 4.14% | −7.54pp | #26 |
| 2011 | 11.69% | +1.16pp | #79 |
| 2010 | 10.52% | −49.07pp | #63 |
| 2009 | 59.59% | +46.29pp | #158 |
| 2008 | 13.30% | −2.83pp | #70 |
| 2007 | 16.14% | −13.54pp | #69 |
Detected Pattern
Analysis
Namibia matched the Stagflation Risk pattern in 2009. Historically, 38% of countries showing this pattern (117 out of 307) saw m2 money supply growth improve within 24 months. View full analysis →
Frequently Asked Questions
Namibia's m2 money supply growth was 6.76% in 2021. Ranked 37th globally. This represents a 16.3% decrease from the previous year.
Namibia's m2 money supply growth peaked at 59.59% in 2009.
The lowest m2 money supply growth in Namibia was 2.09% in 2003.
Namibia ranks 37th globally in m2 money supply growth as of 2021.
The World Bank indicator code is FM.LBL.BMNY.ZG. Data sourced from World Bank.
The m2 money supply growth of Namibia in 2021 was 6.76%. This ranks 37th in the world.
Cite this page
@misc{historysaid_namibia_m2-growth,
title = {Namibia M2 Money Supply Growth},
url = {https://historysaid.com/namibia/m2-growth/},
publisher = {HistorySaid},
year = {2026}
}