Interest Rate on Bank Loans (Local Currency) in Namibia

Interest rate on bank loans reached 6.86% in 2021 in Namibia, according to the National Central Bank. This is 12.8% less than in the previous year.

Historically, interest rate on bank loans in Namibia reached an all time high of 23.4% in 1991 and an all time low of 6.86% in 2021.

Namibia has been ranked 60th within the group of 94 countries we follow in terms of interest rate on bank loans.