Namibia - Deposit interest rate

Deposit interest rate (%)

The value for Deposit interest rate (%) in Namibia was 4.02 as of 2021. As the graph below shows, over the past 30 years this indicator reached a maximum value of 12.94 in 1998 and a minimum value of 3.98 in 2013.

Definition: Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1991 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 4.02

Classification

Topic: Financial Sector Indicators

Sub-Topic: Interest rates