Interest payments in Namibia
Namibia: Interest payments was 13.08 billion current LCU in 2024. ◆ Volatile
Interest payments in Namibia, 1990–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, interest payments in Namibia stood at 13.08 billion current LCU. That is the highest value across all 35 years on record.
Compared with earlier readings it is up 10.8% on the previous year and up 535.1% over ten years.
Over the whole period, interest payments in Namibia peaked at 13.08 billion current LCU in 2024 and was at its lowest, 20.90 million current LCU, in 1991.
Namibia ranks 84th of 155 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Interest payments in Namibia, year by year
| Year | current LCU | Change |
|---|---|---|
| 1990 | 26.80 million current LCU | — |
| 1991 | 20.90 million current LCU | -22.0% |
| 1992 | 21.60 million current LCU | +3.3% |
| 1993 | 70.00 million current LCU | +224.1% |
| 1994 | 117.50 million current LCU | +67.9% |
| 1995 | 145.10 million current LCU | +23.5% |
| 1996 | 250.50 million current LCU | +72.6% |
| 1997 | 350.10 million current LCU | +39.8% |
| 1998 | 488.70 million current LCU | +39.6% |
| 1999 | 512.90 million current LCU | +5.0% |
| 2000 | 510.43 million current LCU | -0.5% |
| 2001 | 647.29 million current LCU | +26.8% |
| 2002 | 823.10 million current LCU | +27.2% |
| 2003 | 864.38 million current LCU | +5.0% |
| 2004 | 997.15 million current LCU | +15.4% |
| 2005 | 1.16 billion current LCU | +16.4% |
| 2006 | 1.26 billion current LCU | +8.7% |
| 2007 | 1.18 billion current LCU | -6.4% |
| 2008 | 1.10 billion current LCU | -6.5% |
| 2009 | 1.20 billion current LCU | +8.3% |
| 2010 | 965.50 million current LCU | -19.3% |
| 2011 | 1.14 billion current LCU | +18.3% |
| 2012 | 1.72 billion current LCU | +50.5% |
| 2013 | 1.79 billion current LCU | +4.1% |
| 2014 | 2.06 billion current LCU | +15.2% |
| 2015 | 2.62 billion current LCU | +27.3% |
| 2016 | 4.31 billion current LCU | +64.3% |
| 2017 | 5.42 billion current LCU | +25.8% |
| 2018 | 5.99 billion current LCU | +10.5% |
| 2019 | 6.88 billion current LCU | +14.8% |
| 2020 | 7.27 billion current LCU | +5.7% |
| 2021 | 7.91 billion current LCU | +8.8% |
| 2022 | 9.43 billion current LCU | +19.2% |
| 2023 | 11.81 billion current LCU | +25.3% |
| 2024 | 13.08 billion current LCU | +10.8% |
Namibia compared with similar countries
- Namibia's 13.08 billion current LCU is below the median for lower middle income countries, which is 39.26 billion current LCU, 33% of the median. (36 countries reporting)
- Namibia's 13.08 billion current LCU is below the median for Sub-Saharan Africa, which is 106.55 billion current LCU, 12% of the median. (36 countries reporting)
Biggest year-on-year movements
Years where Interest payments 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 |
|---|---|---|---|
| 1993 | +224.1% | 21.60 million current LCU | 70.00 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 200.41 million current LCU | 20.90 million current LCU | 512.90 million current LCU | 10 |
| 2000s | 974.62 million current LCU | 510.43 million current LCU | 1.26 billion current LCU | 10 |
| 2010s | 3.29 billion current LCU | 965.50 million current LCU | 6.88 billion current LCU | 10 |
| 2020s | 9.90 billion current LCU | 7.27 billion current LCU | 13.08 billion current LCU | 5 |
Countries ranked near Namibia
More public sector data for Namibia
- Democracy, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate 0 % change on previous year (2025)
- Elected parliament, annual growth rate 0 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate 0 % change on previous year (2025)
- Democracy 7 (2025)
- Chief executive of the government is elected 1 (2025)
- Elected parliament 1 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Namibia?
- Interest payments in Namibia was 13.08 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Namibia?
- The highest recorded value was 13.08 billion current LCU in 2024.
- What is the lowest interest payments recorded in Namibia?
- The lowest recorded value was 20.90 million current LCU in 1991.
- How does Namibia rank for interest payments?
- Namibia ranks 84th out of 155 countries with data for 2024.
- Is interest payments rising or falling in Namibia?
- Over the last ten years it is up 535.1%. The long-run trend across the full record is volatile.
- Where does this Namibia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (current LCU). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.