Namibia Interest Rate  2007-2018 | Data | Chart | Calendar | Forecast

The Bank of Namibia left its benchmark lending rate steady at 6.75 percent on December 6th, saying the decision aims to continue to support growth while maintaining the one-to-one link between the Namibia Dollar and the South African Rand. Namibia’s economy remained weak during the first ten months of 2017 mainly due to slowdown in construction, wholesale and retail trade and transport sectors. Meanwhile, annual inflation rate fell to 5.2 percent in October, its lowest level since December of 2015. Interest Rate in Namibia averaged 7.12 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 TEForecast
2017-08-16 10:30 AM Interest Rate Decision 6.75% 7% 7%
2017-10-25 09:10 AM Interest Rate Decision 6.75% 6.75% 6.75%
2017-12-06 09:00 AM Interest Rate Decision 6.75% 6.75% 6.75%
2018-02-13 10:00 AM Interest Rate Decision 6.75%
2018-04-12 10:15 AM Interest Rate Decision
2018-06-14 10:25 AM Interest Rate Decision


Namibia Money Last Previous Highest Lowest Unit
Interest Rate 6.75 6.75 10.50 5.50 percent [+]
Money Supply M1 45467.40 45467.40 45467.40 1181.60 NAD Million [+]
Money Supply M2 94445.90 94445.90 94445.90 15670.40 NAD Million [+]
Foreign Exchange Reserves 28545.69 31601.77 33674.03 1783.20 NAD Million [+]
Deposit Interest Rate 5.65 4.71 12.94 3.98 percent [+]
Lending Rate 10.50 10.50 24.20 9.25 percent [+]
Central Bank Balance Sheet 29597.00 33867.90 35962.30 2526.62 NAD Million [+]


Namibia Interest Rate

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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.75 6.75 10.50 5.50 2007 - 2017 percent Daily




interest rate by Country
Country Last
Turkey 8.00 Jan/18
Russia 7.75 Dec/17
Mexico 7.25 Dec/17
Brazil 7.00 Dec/17
India 6.00 Dec/17
China 4.35 Nov/17
Indonesia 4.25 Jan/18
Australia 1.50 Dec/17
South Korea 1.50 Jan/18
United States 1.50 Dec/17
Canada 1.25 Jan/18
United Kingdom 0.50 Dec/17
Euro Area 0.00 Dec/17
France 0.00 Dec/17
Germany 0.00 Dec/17
Italy 0.00 Dec/17
Netherlands 0.00 Dec/17
Spain 0.00 Dec/17
Japan -0.10 Dec/17
Switzerland -0.75 Dec/17


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