Financial soundness indicators in Namibia

Namibia: Financial soundness indicators was 2.9% in 2023. ▼ Falling

Latest (2023)
2.9%
Change on year
up 6.3%
World rank
38th
of 146 countries
All-time high
3.7%
in 2015
All-time low
1.8%
in 2020
Years of data
14
2010–2023

Financial soundness indicators in Namibia, 2010–2023

012342010201620232010: 3.2 %2011: 3.2 %2012: 3.1 %2013: 3.1 %2014: 3.4 %2015: 3.7 %2016: 3.5 %2017: 3 %2018: 2.9 %2019: 2.8 %2020: 1.8 %2021: 2.2 %2022: 2.7 %2023: 2.9 %

Source: International Monetary Fund – processed by Our World in Data. Measured in %.

Analysis

Namibia recorded 2.9% for financial soundness indicators in 2023.

The figure is up 6.3% on the previous year and down 8.0% 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 38th out of 146 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently falling across the 14 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2010s 3.2% 2.8% 3.7% 10
2020s 2.4% 1.8% 2.9% 4

Countries ranked near Namibia

  1. 35 Dominican Republic 3.0% compare
  2. 36 Kenya 2.9% compare
  3. 37 Ethiopia 2.9% compare
  4. 39 Estonia 2.8% compare
  5. 40 Latvia 2.8% compare
  6. 41 Russia 2.8% compare

See the full ranking of 146 places →

More reference data data for Namibia

All data for Namibia →

Frequently asked questions

What is financial soundness indicators in Namibia?
Financial soundness indicators in Namibia was 2.9% in 2023, 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 38th out of 146 countries with data for 2023.
Is financial soundness indicators rising or falling in Namibia?
Over the last ten years it is down 8.0%. 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.

Download this data

CSV · JSON — 14 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Financial soundness indicators
Unit
%
Source
International Monetary Fund – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
146 places, 2,107 data points, 2001–2024
Last refreshed

Return on assets (%)