Non-performing loans to total gross loans (%) in Namibia
Namibia: Non-performing loans to total gross loans (%) was 5.6% in 2024. ◆ Volatile
Non-performing loans to total gross loans in Namibia, 2010–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
Namibia recorded 5.6% for non-performing loans to total gross loans in 2024.
That represents a change of down 3.9% on the previous year and up 283.2% over ten years.
Over the whole period, non-performing loans to total gross loans in Namibia peaked at 6.4% in 2020 and was at its lowest, 1.3%, in 2013.
That places Namibia 43rd out of 156 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Non-performing loans to total gross loans (%) in Namibia, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 2.0% | — |
| 2011 | 1.5% | -24.3% |
| 2012 | 1.3% | -10.0% |
| 2013 | 1.3% | -3.9% |
| 2014 | 1.5% | +13.1% |
| 2015 | 1.6% | +6.8% |
| 2016 | 1.5% | -0.5% |
| 2017 | 2.6% | +67.4% |
| 2018 | 3.6% | +38.4% |
| 2019 | 4.6% | +27.5% |
| 2020 | 6.4% | +40.1% |
| 2021 | 6.4% | -0.3% |
| 2022 | 5.5% | -13.5% |
| 2023 | 5.8% | +5.0% |
| 2024 | 5.6% | -3.9% |
Namibia compared with similar countries
- Namibia's 5.6% is below the median for lower middle income countries, which is 6.7%, 83% of the median. (29 countries reporting)
- Namibia's 5.6% is below the median for Sub-Saharan Africa, which is 6.7%, 83% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 2.1% | 1.3% | 4.6% | 10 |
| 2020s | 5.9% | 5.5% | 6.4% | 5 |
Countries ranked near Namibia
- 40 Saint Vincent and the Grenadines 5.8% compare
- 41 Montserrat 5.7% compare
- 42 Pakistan 5.7% compare
- 44 Papua New Guinea 5.4% compare
- 45 Ethiopia 5.4% compare
- 46 Seychelles 5.4% compare
More development goals data for Namibia
- Red List Index 0.9721 index (2025)
- Number of refugees per 100,000 population, by country of origin 19.49 per 100,000 people (2025)
- Manufacturing value added per capita 406.62 constant US$ (2025)
- Number of transboundary breeds 55 (2025)
- Number of transboundary breeds (not extinct) 54 (2025)
- Number of transboundary breeds with unknown risk status 26 (2025)
- Number of local breeds with unknown risk status 23 (2025)
- Number of local breeds (not extinct) 26 (2025)
- Number of local breeds kept in the country 26 (2025)
- Infant deaths 2,808 (2024)
Frequently asked questions
- What is non-performing loans to total gross loans in Namibia?
- Non-performing loans to total gross loans in Namibia was 5.6% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest non-performing loans to total gross loans recorded in Namibia?
- The highest recorded value was 6.4% in 2020.
- What is the lowest non-performing loans to total gross loans recorded in Namibia?
- The lowest recorded value was 1.3% in 2013.
- How does Namibia rank for non-performing loans to total gross loans?
- Namibia ranks 43rd out of 156 countries with data for 2024.
- Is non-performing loans to total gross loans rising or falling in Namibia?
- Over the last ten years it is up 283.2%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Non-performing loans to total gross loans (%). Statizoid updates them automatically from the source API.
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