Namibia Interest Rate  2007-2017 | Data | Chart | Calendar | Forecast

The Bank of Namibia kept its benchmark repo rate unchanged at 7 percent on June 14th, 2017, saying the current policy stance is appropriate to support growth, while maintaining the one-to-one link between the Namibia dollar and the South African rand. Policymakers added that the economy remained weak in the first four months of 2017 and inflation moderated to 6.7 percent in April, the lowest in a year. The central bank expects production of uranium and blister copper to improve and the inflation is seen at an average of 6.9 percent by the end of the year. Interest Rate in Namibia averaged 7.13 percent from 2007 until 2017, reaching an all time high of 10.50 percent in May of 2007 and a record low of 5.50 percent in August of 2012.

Namibia Interest Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-02-15 10:00 AM Interest Rate Decision 7% 7% 7%
2017-04-12 10:15 AM Interest Rate Decision 7% 7% 7%
2017-06-14 10:25 AM Interest Rate Decision 7% 7% 7%
2017-08-16 09:30 AM Interest Rate Decision 7%
2017-10-25 09:30 AM Interest Rate Decision
2017-12-06 09:30 AM Interest Rate Decision




Namibia Money Last Previous Highest Lowest Unit
Interest Rate 7.00 7.00 10.50 5.50 percent [+]
Money Supply M1 40944.60 39809.00 43891.60 1181.60 NAD Million [+]
Money Supply M2 88820.50 86610.20 88820.50 15670.40 NAD Million [+]
Foreign Exchange Reserves 22576.45 22710.73 26449.27 1783.20 NAD Million [+]
Deposit Interest Rate 4.71 4.25 12.94 3.98 percent [+]
Lending Rate 10.75 10.75 24.20 9.25 percent [+]
Central Bank Balance Sheet 27737.70 31731.70 31731.70 2526.62 NAD Million [+]


Namibia Interest Rate Notes

In Namibia, interest rates decisions are taken by the Executive Committee of the Bank of Namibia. The official interest rate is the Repo Rate. This page provides the latest reported value for - Namibia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Namibia Interest Rate - actual data, historical chart and calendar of releases - was last updated on June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.00 10.50 5.50 2007 - 2017 percent Daily



interest rate by Country

Last
Brazil 10.25 May/17
Russia 9.00 Jun/17
Turkey 8.00 Jun/17
Mexico 7.00 Jun/17
India 6.25 Jun/17
Indonesia 4.75 Jun/17
China 4.35 Jun/17
Australia 1.50 Jun/17
South Korea 1.25 May/17
United States 1.25 Jun/17
Canada 0.50 May/17
United Kingdom 0.25 Jun/17
Euro Area 0.00 Jun/17
France 0.00 Jun/17
Germany 0.00 Jun/17
Italy 0.00 Jun/17
Netherlands 0.00 Jun/17
Spain 0.00 Jun/17
Japan -0.10 Jun/17
Switzerland -0.75 Jun/17