Financial soundness indicators in Namibia
Namibia: Financial soundness indicators was 3.3% in 2024. ▼ Falling
Financial soundness indicators in Namibia, 2010–2024
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Namibia recorded 3.3% for financial soundness indicators in 2024.
The figure is up 15.0% on the previous year and down 3.5% over ten years.
Over the whole period, financial soundness indicators in Namibia peaked at 3.7% in 2015 and was at its lowest, 1.8%, in 2020.
That places Namibia 31st out of 150 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 15 years of available data.
Financial soundness indicators in Namibia, year by year
| Year | % | Change |
|---|---|---|
| 2010 | 3.2% | — |
| 2011 | 3.2% | +0.3% |
| 2012 | 3.1% | -2.2% |
| 2013 | 3.1% | -0.3% |
| 2014 | 3.4% | +9.6% |
| 2015 | 3.7% | +8.2% |
| 2016 | 3.5% | -5.7% |
| 2017 | 3.0% | -13.2% |
| 2018 | 2.9% | -4.0% |
| 2019 | 2.8% | -3.8% |
| 2020 | 1.8% | -36.9% |
| 2021 | 2.2% | +25.6% |
| 2022 | 2.7% | +21.7% |
| 2023 | 2.9% | +6.3% |
| 2024 | 3.3% | +15.0% |
Namibia compared with similar countries
- Namibia's 3.3% is above the median for lower middle income countries, which is 2.6%, 1.3× the median. (32 countries reporting)
- Namibia's 3.3% is below the median for Sub-Saharan Africa, which is 3.3%, 99% of the median. (31 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 3.2% | 2.8% | 3.7% | 10 |
| 2020s | 2.6% | 1.8% | 3.3% | 5 |
Countries ranked near Namibia
More reference data data for Namibia
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0579 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 1.52 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 1.62 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0157 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 1.62 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.194 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.1306 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 6.29 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 6.82 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.0853 (2050)
Frequently asked questions
- What is financial soundness indicators in Namibia?
- Financial soundness indicators in Namibia was 3.3% in 2024, according to International Monetary Fund – processed by Our World in Data.
- What is the highest financial soundness indicators recorded in Namibia?
- The highest recorded value was 3.7% in 2015.
- What is the lowest financial soundness indicators recorded in Namibia?
- The lowest recorded value was 1.8% in 2020.
- How does Namibia rank for financial soundness indicators?
- Namibia ranks 31st out of 150 countries with data for 2024.
- Is financial soundness indicators rising or falling in Namibia?
- Over the last ten years it is down 3.5%. The long-run trend across the full record is falling.
- Where does this Namibia data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Financial soundness indicators. Statizoid updates them automatically from the source API.
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CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Return on assets (%).