Number of commercial bank branches per 100,000 adults in Namibia
Namibia: Number of commercial bank branches per 100,000 adults was 7.91 per 100,000 people in 2024. ▼ Falling
Number of commercial bank branches per 100,000 adults in Namibia, 2004–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in per 100,000 people.
Analysis
In 2024, number of commercial bank branches per 100,000 adults in Namibia stood at 7.91 per 100,000 people.
That represents a change of up 10.5% on the previous year and down 40.2% over ten years.
Over the whole period, number of commercial bank branches per 100,000 adults in Namibia peaked at 14.86 per 100,000 people in 2016 and was at its lowest, 7.16 per 100,000 people, in 2023.
Namibia ranks 125th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Number of commercial bank branches per 100,000 adults in Namibia, year by year
| Year | per 100,000 people | Change |
|---|---|---|
| 2004 | 11.07 per 100,000 people | — |
| 2005 | 10.99 per 100,000 people | -0.8% |
| 2006 | 11.95 per 100,000 people | +8.8% |
| 2007 | 12.56 per 100,000 people | +5.0% |
| 2008 | 12.67 per 100,000 people | +0.9% |
| 2009 | 12.71 per 100,000 people | +0.3% |
| 2010 | 12.75 per 100,000 people | +0.4% |
| 2011 | 12.88 per 100,000 people | +1.0% |
| 2012 | 12.73 per 100,000 people | -1.2% |
| 2013 | 12.75 per 100,000 people | +0.1% |
| 2014 | 13.22 per 100,000 people | +3.7% |
| 2015 | 13.2 per 100,000 people | -0.2% |
| 2016 | 14.86 per 100,000 people | +12.6% |
| 2017 | 10.01 per 100,000 people | -32.6% |
| 2018 | 10.81 per 100,000 people | +7.9% |
| 2019 | 10.54 per 100,000 people | -2.5% |
| 2020 | 10.09 per 100,000 people | -4.3% |
| 2021 | 8.69 per 100,000 people | -13.8% |
| 2022 | 8.47 per 100,000 people | -2.6% |
| 2023 | 7.16 per 100,000 people | -15.5% |
| 2024 | 7.91 per 100,000 people | +10.5% |
Namibia compared with similar countries
- Namibia's 7.91 per 100,000 people is above the median for lower middle income countries, which is 5.96 per 100,000 people, 1.3× the median. (42 countries reporting)
- Namibia's 7.91 per 100,000 people is above the median for Sub-Saharan Africa, which is 4.01 per 100,000 people, 2.0× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Number of commercial bank branches per 100,000 adults in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | -32.6% | 14.86 per 100,000 people | 10.01 per 100,000 people |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 11.99 per 100,000 people | 10.99 per 100,000 people | 12.71 per 100,000 people | 6 |
| 2010s | 12.37 per 100,000 people | 10.01 per 100,000 people | 14.86 per 100,000 people | 10 |
| 2020s | 8.46 per 100,000 people | 7.16 per 100,000 people | 10.09 per 100,000 people | 5 |
Countries ranked near Namibia
- 122 Guyana 7.98 per 100,000 people compare
- 123 South Africa 7.98 per 100,000 people compare
- 124 Botswana 7.95 per 100,000 people compare
- 126 Malaysia 7.72 per 100,000 people compare
- 127 Saudi Arabia 7.19 per 100,000 people compare
- 128 United Arab Emirates 7.09 per 100,000 people 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 number of commercial bank branches per 100,000 adults in Namibia?
- Number of commercial bank branches per 100,000 adults in Namibia was 7.91 per 100,000 people in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest number of commercial bank branches per 100,000 adults recorded in Namibia?
- The highest recorded value was 14.86 per 100,000 people in 2016.
- What is the lowest number of commercial bank branches per 100,000 adults recorded in Namibia?
- The lowest recorded value was 7.16 per 100,000 people in 2023.
- How does Namibia rank for number of commercial bank branches per 100,000 adults?
- Namibia ranks 125th out of 194 countries with data for 2024.
- Is number of commercial bank branches per 100,000 adults rising or falling in Namibia?
- Over the last ten years it is down 40.2%. The long-run trend across the full record is falling.
- Where does this Namibia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Number of commercial bank branches per 100,000 adults. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 21 observations, free to reuse under UN SDG Global Database (open, attribution requested).