Lending Rate in Namibia decreased to 7.50 percent in August from 7.75 percent in July of 2020.

Lending Rate in Namibia averaged 14.13 percent from 1991 until 2020, reaching an all time high of 24.20 percent in July of 1998 and a record low of 7.50 percent in August of 2020. This page provides - Namibia Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Namibia Prime Lending Rate - values, historical data and charts - was last updated on September of 2020. source: Bank of Namibia

Lending Rate in Namibia is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Namibia to stand at 7.25 in 12 months time. In the long-term, the Namibia Prime Lending Rate is projected to trend around 7.25 percent in 2021, according to our econometric models.

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Namibia Prime Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.50 7.75 24.20 7.50 1991 - 2020 percent Monthly

Namibia Money Last Previous Highest Lowest Unit
Interest Rate 3.75 4.00 10.50 3.75 percent [+]
Money Supply M1 60864.40 60025.00 61276.40 1181.60 NAD Million [+]
Money Supply M2 123823.20 123869.10 123869.10 15670.40 NAD Million [+]
Foreign Exchange Reserves 35399.57 31758.97 35548.51 1783.20 NAD Million [+]
Deposit Interest Rate 5.70 5.90 12.94 3.98 percent [+]
Lending Rate 7.50 7.75 24.20 7.50 percent [+]
Money Supply M0 7405.14 7273.61 11104.43 857.78 NAD Million [+]
Central Bank Balance Sheet 35706.60 32548.10 39017.70 2526.62 NAD Million [+]