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

Latest (2024)
7.91 per 100,000 people
Change on year
up 10.5%
World rank
125th
of 194 countries
All-time high
14.86 per 100,000 people
in 2016
All-time low
7.16 per 100,000 people
in 2023
Years of data
21
2004–2024

Number of commercial bank branches per 100,000 adults in Namibia, 2004–2024

0510152004201420242004: 11.1 per 100,000 people2005: 11 per 100,000 people2006: 12 per 100,000 people2007: 12.6 per 100,000 people2008: 12.7 per 100,000 people2009: 12.7 per 100,000 people2010: 12.8 per 100,000 people2011: 12.9 per 100,000 people2012: 12.7 per 100,000 people2013: 12.7 per 100,000 people2014: 13.2 per 100,000 people2015: 13.2 per 100,000 people2016: 14.9 per 100,000 people2017: 10 per 100,000 people2018: 10.8 per 100,000 people2019: 10.5 per 100,000 people2020: 10.1 per 100,000 people2021: 8.7 per 100,000 people2022: 8.5 per 100,000 people2023: 7.2 per 100,000 people2024: 7.9 per 100,000 people

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

Annual values for Number of commercial bank branches per 100,000 adults in Namibia, 2004 to 2024.
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.

YearChange FromTo
2017 -32.6% 14.86 per 100,000 people 10.01 per 100,000 people

Averages by decade

DecadeAverage LowestHighest 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

  1. 122 Guyana 7.98 per 100,000 people compare
  2. 123 South Africa 7.98 per 100,000 people compare
  3. 124 Botswana 7.95 per 100,000 people compare
  4. 126 Malaysia 7.72 per 100,000 people compare
  5. 127 Saudi Arabia 7.19 per 100,000 people compare
  6. 128 United Arab Emirates 7.09 per 100,000 people compare

See the full ranking of 208 places →

More development goals data for Namibia

All data for Namibia →

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.

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Number of commercial bank branches per 100,000 adults in Namibia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 07 November 2026, from https://development-goals.statizoid.com/stat/number-of-commercial-bank-branches-per-100-000-adults/namibia/

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About this data

Indicator
Number of commercial bank branches per 100,000 adults
Unit
per 100,000 people
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
208 places, 3,920 data points, 2004–2024
Last refreshed