The benchmark interest rate in Namibia was last recorded at 4.25 percent.
Interest Rate in Namibia averaged 6.99 percent from 2007 until 2020, reaching an all time high of 10.50 percent in May of 2007 and a record low of 4.25 percent in April of 2020. This page provides the latest reported value for - Namibia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Namibia Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020. source: Bank of Namibia
Interest Rate in Namibia is expected to be 4.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Namibia to stand at 4.25 in 12 months time. In the long-term, the Namibia Interest Rate is projected to trend around 4.50 percent in 2021 and 5.00 percent in 2022, according to our econometric models.