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Cost of moneyNamibia

Deposit rate in Namibia

What does parked money earn there?

Namibia's deposit rate is 5.38 % — #32 of 70 countries on the atlas (higher is better). Period 2024.

5.38%

Checked 23 Sept 2026Period 2024

Source: IMF International Financial Statistics

Deposit rate in Namibia over time

12.94 %7.94 %2.94 %12.94 % · 19982.94 % · 20211991: 12.77 %1992: 11.36 %1993: 9.61 %1994: 9.18 %1995: 10.84 %1996: 12.56 %1997: 12.70 %1998: 12.94 %1999: 10.82 %2000: 7.39 %2001: 6.79 %2002: 7.81 %2003: 8.76 %2004: 6.35 %2005: 6.24 %2006: 6.30 %2007: 7.55 %2008: 8.38 %2009: 6.24 %2010: 5.00 %2011: 4.28 %2012: 4.21 %2013: 3.98 %2014: 4.25 %2015: 4.71 %2016: 5.65 %2017: 5.89 %2018: 5.87 %2019: 5.71 %2020: 4.16 %2021: 2.94 %2022: 3.72 %2023: 5.39 %2024: 5.38 %1991200720245.38 %
34 official observations, 1991 → 2024. Every point is a published value — never interpolated.
Rank
#32 of 70
higher is better
Ranked behind
54 %
38 of 70 countries
Latest move
▼ 0.01 pp
since 2023
Below its peak
7.56 pp
peak 12.94 % in 1998
Full series
▼ 7.39 pp
since 1991

In Africa: #11 of 15vs median 4.96 %: +0.42 pp (better)

Among 70 countries

10 of 70 countries between 0.14 % and 0.93 %6 of 70 countries between 0.93 % and 1.73 %6 of 70 countries between 1.73 % and 2.52 %5 of 70 countries between 2.52 % and 3.31 %3 of 70 countries between 3.31 % and 4.10 %5 of 70 countries between 4.10 % and 4.89 %6 of 70 countries between 4.89 % and 5.69 %5 of 70 countries between 5.69 % and 6.48 %3 of 70 countries between 6.48 % and 7.27 %5 of 70 countries between 7.27 % and 8.06 %3 of 70 countries between 8.86 % and 9.65 %3 of 70 countries between 9.65 % and 10.44 %2 of 70 countries between 10.44 % and 11.24 %2 of 70 countries between 11.24 % and 12.03 %2 of 70 countries between 12.03 % and 12.82 %1 of 70 countries between 14.41 % and 15.20 %3 of 70 countries between 18.37 % and 19.16 %median 4.82 %Namibia: ahead of 54 % of the 70 countries with a published deposit rateNamibia 5.38 %0.14 %19.16 %
Half of all 70 countries sit between 1.89 % and 7.70 %. Namibia is ahead of 54 % of them. Axis trimmed to the 2nd–98th percentile; 3 values beyond it sit in the end bars.

The neighbourhood

#CountryDeposit ratevs Namibia
30 Jordan5.47 %+0.09 pp
31 Indonesia5.41 %+0.03 pp
32 Namibia5.38 %—
33 Ecuador5.30 %−0.08 pp
34 Romania5.23 %−0.15 pp

Bank deposit rate, IMF-harmonised — what parked money earns.

How to read this figure

The IMF-harmonised deposit rate — what banks pay on deposits. Compare it with inflation: a deposit rate below inflation means parked money loses purchasing power even inside the bank. Same harmonisation trade-off as the lending rate.

Next, about Namibia

Savings vs inflationInflation rateLending rate
Deposit rate, all countries ranked →Compare Namibia with another country →Everything about Namibia →
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