Annual broad money growth in Namibia
Namibia: Annual broad money growth was 6.8% in 2021. ◆ Volatile
Annual broad money growth in Namibia, 2000–2021
Source: International Monetary Fund – processed by Our World in Data. Measured in %.
Analysis
Namibia recorded 6.8% for annual broad money growth in 2021.
That represents a change of down 16.3% on the previous year and down 42.2% over ten years.
Over the whole period, annual broad money growth in Namibia peaked at 59.6% in 2009 and was at its lowest, 2.1%, in 2003.
That places Namibia 104th out of 164 countries with data for 2021, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual broad money growth in Namibia, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 13.2% | — |
| 2001 | 6.2% | -53.3% |
| 2002 | 15.4% | +148.9% |
| 2003 | 2.1% | -86.4% |
| 2004 | 22.5% | +977.5% |
| 2005 | 5.1% | -77.3% |
| 2006 | 29.7% | +480.8% |
| 2007 | 16.1% | -45.6% |
| 2008 | 13.3% | -17.6% |
| 2009 | 59.6% | +348.0% |
| 2010 | 10.5% | -82.3% |
| 2011 | 11.7% | +11.1% |
| 2012 | 4.1% | -64.6% |
| 2013 | 12.8% | +208.7% |
| 2014 | 7.8% | -38.7% |
| 2015 | 9.1% | +16.1% |
| 2016 | 6.0% | -33.5% |
| 2017 | 14.0% | +131.1% |
| 2018 | 6.4% | -54.3% |
| 2019 | 10.5% | +64.8% |
| 2020 | 8.1% | -23.3% |
| 2021 | 6.8% | -16.3% |
Namibia compared with similar countries
- Namibia's 6.8% is below the median for lower middle income countries, which is 9.8%, 69% of the median. (46 countries reporting)
- Namibia's 6.8% is below the median for Sub-Saharan Africa, which is 9.3%, 73% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Annual broad money growth in Namibia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2004 | +977.5% | 2.1% | 22.5% |
| 2006 | +480.8% | 5.1% | 29.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 18.3% | 2.1% | 59.6% | 10 |
| 2010s | 9.3% | 4.1% | 14.0% | 10 |
| 2020s | 7.4% | 6.8% | 8.1% | 2 |
Countries ranked near Namibia
More economy & growth data for Namibia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.64 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 44.40 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 14.65 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.93 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -15.67 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1418 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 638.56 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is annual broad money growth in Namibia?
- Annual broad money growth in Namibia was 6.8% in 2021, according to International Monetary Fund – processed by Our World in Data.
- What is the highest annual broad money growth recorded in Namibia?
- The highest recorded value was 59.6% in 2009.
- What is the lowest annual broad money growth recorded in Namibia?
- The lowest recorded value was 2.1% in 2003.
- How does Namibia rank for annual broad money growth?
- Namibia ranks 104th out of 164 countries with data for 2021.
- Is annual broad money growth rising or falling in Namibia?
- Over the last ten years it is down 42.2%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from International Monetary Fund – processed by Our World in Data, published as part of Annual broad money growth. Statizoid updates them automatically from the source API.
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About this data
Annual broad money growth (%).