Non-performing loans as a share of bank loans rose 5.01% to 5.79% in Namibia in 2023, according to the National Central Bank.
Historically, non-performing loans as a share of bank loans in Namibia reached an all time high of 6.39% in 2020 and an all time low of 1.29% in 2013.
Namibia has been ranked 18th within the group of 85 countries we follow in terms of non-performing loans as a share of bank loans, 107 places above the position seen 10 years ago.
| Non-Performing Loans (As % of Total Loans) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Angola | % | ... | ... | ... | ... | ... | ... | ... | 25.8% | 23.2% | 23.1% | 12.2% | 15.0% | ... | ... | |||||||
| Botswana | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | 5.28% | 5.43% | 4.79% | 4.32% | 4.24% | |||||||
| Dem. Republic of the Congo | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 6.49% | 5.51% | 7.70% | 5.20% | ||
| Lesotho | % | ... | ... | 4.42% | 3.66% | 3.30% | 4.20% | 4.07% | ... | |||||||||||||
| Mozambique | % | ... | ... | 12.6% | 11.1% | 10.2% | 9.83% | 10.6% | ... | |||||||||||||
| Namibia | % | ... | ... | 2.59% | 3.58% | 4.56% | 6.39% | 6.37% | ||||||||||||||
| South Africa | % | 2.84% | 3.73% | 3.89% | 5.18% | 4.45% | ... | ... | ||||||||||||||
| Swaziland | % | ... | ... | 7.92% | 9.32% | 9.45% | 5.38% | 9.55% | ||||||||||||||
| Zambia | % | ... | ... | ... | ... | 12.0% | 11.0% | 8.91% | 11.6% | 5.82% | ... | |||||||||||
| Zimbabwe | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
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