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Interest Rate on Bank Deposits (Local Currency) in Namibia

Source: National Central Bank
Last Updated: July 24, 2023

Interest rate on bank deposits reached 4.73% in third quarter of 2015 in Namibia, according to the National Central Bank. This is 2.53% more than in the previous quarter.

Historically, interest rate on bank deposits in Namibia reached an all time high of 14.2% in 4Q1998 and an all time low of 3.92% in 4Q2013.

Namibia has been ranked 35th within the group of 102 countries we follow in terms of interest rate on bank deposits.

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