Deposit Interest Rate in Namibia remained unchanged at 5.90 percent in 2018 from 5.90 percent in 2017. Deposit Interest Rate in Namibia averaged 7.80 percent from 1991 until 2018, reaching an all time high of 12.94 percent in 1998 and a record low of 3.98 percent in 2013.

Deposit Interest Rate in Namibia is expected to be 5.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Deposit Interest Rate in Namibia is projected to trend around 6.15 percent in 2020, according to our econometric models.

Deposit Interest Rate in Namibia
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Namibia Money Last Previous Highest Lowest Unit
Interest Rate 6.50 6.75 10.50 5.50 percent [+]
Money Supply M1 52348.70 52228.60 53949.30 1181.60 NAD Million [+]
Money Supply M2 108758.40 108019.00 110403.00 15670.40 NAD Million [+]
Foreign Exchange Reserves 35179.23 33433.62 35179.23 1783.20 NAD Million [+]
Deposit Interest Rate 5.90 5.90 12.94 3.98 percent [+]
Lending Rate 10.50 10.50 24.20 9.25 percent [+]
Money Supply M0 8020.66 6838.07 11104.43 857.78 NAD Million [+]
Central Bank Balance Sheet 32514.70 34656.50 35675.20 2526.62 NAD Million [+]


Deposit Interest Rate in Namibia

The Deposit Interest Rate is the average rate paid by commercial banks to individuals or corporations on deposits. This page includes a chart with historical data for Deposit Interest Rate in Namibia. Deposit Interest Rate in Namibia - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.90 5.90 12.94 3.98 1991 - 2018 percent Yearly




Country Last Previous
Argentina 56.71 Sep/19
Turkey 15.00 Sep/19
South Africa 7.00 Jul/19
Brazil 5.93 Jun/19
Russia 5.41 Jul/19
Indonesia 4.50 Sep/19
Mexico 3.73 Jun/19
Saudi Arabia 3.40 Sep/19
South Korea 1.90 Jun/19
Canada 1.81 Sep/19
Australia 1.45 Aug/19
United Kingdom 0.50 Sep/19
China 0.35 Aug/19
Singapore 0.20 Aug/19
Japan -0.33 Sep/19
Switzerland -0.36 Jul/19
Euro Area -0.50 Sep/19


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