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Namibia Real Interest Rate

Real interest rate  FR.INR.RINR

Namibia's real interest rate was 6.65% in 2025, ranked 25th globally. This represents a 10.9% decrease from 2024. Data from World Bank, covering 1991–2025.

6.65% −0.81pp (-10.9%)
Year 2025 Rank #25 Global Peak 16.39% (1991) Source World Bank

Namibia Real Interest Rate (1991–2025)

Overview

Namibia's real interest rate stood at 6.65% in 2025, a decline of +0.81pp from 2024. Based on recent trends, this figure is projected to reach 6.65% by 2025. Namibia ranked 25th globally.

Namibia’s real interest rate has fallen dramatically since the early 1990s, moving from an all‑time peak of 16.39% in 1991 to a trough of –2.83% in 1994, before stabilising at a more moderate level of 6.65% in 2025, which places the country 25th in the world ranking. Over the 35‑year coverage period the rate has averaged around the mid‑single digits, reflecting a shift from the high‑inflation environment of the post‑independence era to a tighter monetary stance that seeks to balance growth with price stability. The 2025 figure is closely aligned with peer economies such as Honduras (6.85%) and Kyrgyz Republic (6.51%), suggesting that Namibia’s policy framework is converging with other emerging markets that face similar external financing conditions. Continued moderation of inflation expectations and prudent fiscal management could keep the real rate within this range, while any resurgence of commodity price volatility or fiscal deficits might push the trajectory upward.

Data & projection

Year Real Interest Rate YoY change Rank
2027* trend 8.16% - -
2026* trend 7.41% - -
2025* trend 6.65% - -
2025 6.65% −0.81pp #25
2024 7.46% +3.40pp #54
2023 4.06% +2.00pp #49
2022 2.06% −3.18pp #61
2021 5.25% +2.15pp #76
2020 3.09% −5.77pp #28
2019 8.87% +3.40pp #85
2018 5.47% +5.37pp #63
2017 0.10% −1.64pp #18
2016 1.74% −3.52pp #16
2015 5.26% +4.83pp #54
2014 0.43% −3.66pp #11
2013 4.08% +6.43pp #48
2012 -2.34% −7.08pp #7
2011 4.73% −1.04pp #78
Show all years (1991-2025)
* Linear trend extrapolation

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 9.5% GDP growth 0.3% Unemployment 22.3%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Namibia matched the Stagflation Risk pattern in 2009. Historically, 38% of countries showing this pattern (117 out of 307) saw real interest rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Namibia's real interest rate?▾

Namibia's real interest rate was 6.65% in 2025. Ranked 25th globally. This represents a 10.9% decrease from the previous year.

What was the highest real interest rate in Namibia?▾

Namibia's real interest rate peaked at 16.39% in 1991.

What was the lowest real interest rate in Namibia?▾

The lowest real interest rate in Namibia was -2.83% in 1994.

How does Namibia rank in real interest rate?▾

Namibia ranks 25th globally in real interest rate as of 2025.

What is the World Bank indicator code for real interest rate?▾

The World Bank indicator code is FR.INR.RINR. Data sourced from World Bank.

What is the projected real interest rate of Namibia in 2025?▾

Namibia's real interest rate is projected to reach 6.65% by 2025 based on trend extrapolation.

What is the real interest rate of Namibia in 2025?▾

The real interest rate of Namibia in 2025 was 6.65%. This ranks 25th in the world.

Cite this page

APA
Namibia Real Interest Rate. HistorySaid. Retrieved November 10, 2026, from https://historysaid.com/namibia/real-interest-rate/
BibTeX
@misc{historysaid_namibia_real-interest-rate, title = {Namibia Real Interest Rate}, url = {https://historysaid.com/namibia/real-interest-rate/}, publisher = {HistorySaid}, year = {2026} }
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