Domestic credit to the private sector in Namibia

Domestic credit to the private sector in Namibia was 55.1% of GDP in 2024, according to the World Bank. That is down 1 pts from 2023. That is the 52nd highest of 161 countries in 2022.

2024, % of GDP55.1
Change on 2023-1 pts
Rank52nd of 161Countries ranked
Series high72.82020
Series low55.12024
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Domestic credit to the private sector in Namibia, 2015 to 2024

5560657075201520172019202120242015: 65.6 % of GDP2016: 68.6 % of GDP2017: 65.1 % of GDP2018: 65.8 % of GDP2019: 71 % of GDP2020: 72.8 % of GDP2021: 68.8 % of GDP2022: 61.4 % of GDP2023: 56.1 % of GDP2024: 55.1 % of GDP
% of GDP. Source: World Bank, Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS). Retrieved 2026-10-12, published 2026-10-08.
All 10 values
Period% of GDP
202455.1
202356.1
202261.4
202168.8
202072.8
201971
201865.8
201765.1
201668.6
201565.6

Rankings

Definition

Financial corporations' claims on the private sector, including loans, non-equity securities and trade credit, as a percentage of GDP. Some countries include credit to public enterprises.

Can include central banks, deposit banks and other financial corporations, so it is not a bank-loans-only measure. A published zero is valid. The latest year varies by country.

How to cite

World Bank, World Development Indicators. Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS). https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS. Retrieved 2026-10-12. Licensed under CC BY 4.0.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

World Bank. (2026). Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS) (Domestic credit to the private sector, Namibia, 2015 to 2024) [Data set]. Retrieved October 12, 2026, from https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS

MLA 9

Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS), Domestic credit to the private sector, Namibia, 2015 to 2024. World Bank, 8 Oct. 2026, https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS. Invokely, https://invokely.ai/en/domestic-credit-private-sector/namibia. Accessed 12 Oct. 2026.

Chicago (author-date)

World Bank. 2026. Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS). Domestic credit to the private sector, Namibia, 2015 to 2024. Dataset. Accessed October 12, 2026. https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS. Also distributed by Invokely, https://invokely.ai/en/domestic-credit-private-sector/namibia.

Harvard

World Bank (2026) Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS), Domestic credit to the private sector, Namibia, 2015 to 2024 [Dataset]. Available at: https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS, via Invokely: https://invokely.ai/en/domestic-credit-private-sector/namibia (Accessed: 12 October 2026).

BibTeX
@misc{world_domestic_credit_to_the_2024,
  author = {{World Bank}},
  title = {{Domestic credit to private sector (\% of GDP) (FS.AST.PRVT.GD.ZS): Domestic credit to the private sector, Namibia, 2015 to 2024}},
  year = {2026},
  howpublished = {Data set},
  url = {https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/domestic-credit-private-sector/namibia. Publisher attribution: World Bank, World Development Indicators. Domestic credit to private sector (\% of GDP) (FS.AST.PRVT.GD.ZS). https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS. Retrieved 2026-10-12. Licensed under CC BY 4.0.},
}
RIS
TY  - DATA
AU  - World Bank
TI  - Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS): Domestic credit to the private sector, Namibia, 2015 to 2024
PY  - 2026
DA  - 2026/10/08
PB  - World Bank
DB  - Invokely
UR  - https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS
L2  - https://invokely.ai/en/domestic-credit-private-sector/namibia
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/domestic-credit-private-sector/namibia.
N1  - Publisher attribution: World Bank, World Development Indicators. Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS). https://data.worldbank.org/indicator/FS.AST.PRVT.GD.ZS. Retrieved 2026-10-12. Licensed under CC BY 4.0.
ER  - 
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Questions

What is the domestic credit to the private sector in Namibia?

Domestic credit to the private sector in Namibia was 55.1% of GDP in 2024, according to the World Bank. That is down 1 pts from 2023. That is the 52nd highest of 161 countries in 2022.

Where does this figure come from?

World Bank. Domestic credit to private sector (% of GDP) (FS.AST.PRVT.GD.ZS). Retrieved by Invokely on 2026-10-12.

What was the highest domestic credit to the private sector in Namibia?

72.8% of GDP in 2020, the highest value since 2015 in this series.

Domestic credit to the private sector in other countries

Related statistics for Namibia

All statistics for Namibia | Namibia in figures