Lending Rate in Namibia remained unchanged at 10.50 percent in May from 10.50 percent in April of 2019. Lending Rate in Namibia averaged 14.37 percent from 1991 until 2019, reaching an all time high of 24.20 percent in July of 1998 and a record low of 9.25 percent in August of 2012.
Lending Rate in Namibia is expected to be 10.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Namibia to stand at 10.50 in 12 months time. In the long-term, the Namibia Lending Rate is projected to trend around 10.75 percent in 2020, according to our econometric models.