Total Credit — Value Standard Local Currency in Namibia
Namibia: Total Credit — Value Standard Local Currency was 2,148 million SLC in 2024. ▲ Rising
Total Credit — Value Standard Local Currency in Namibia, 2005–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
The most recent figure for total credit — value standard local currency in Namibia is 2,148 million SLC, measured in 2024.
Compared with earlier readings it is up 51.2% on the previous year and up 158.2% over ten years.
Over the whole period, total credit — value standard local currency in Namibia peaked at 2,208 million SLC in 2020 and was at its lowest, 801.6 million SLC, in 2015.
Namibia ranks 158th of 165 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 20 years of available data.
Total Credit — Value Standard Local Currency in Namibia, year by year
| Year | million SLC | Change |
|---|---|---|
| 2005 | 934.6 million SLC | — |
| 2006 | 1,246 million SLC | +33.3% |
| 2007 | 1,761 million SLC | +41.3% |
| 2008 | 1,230 million SLC | -30.2% |
| 2009 | 1,017 million SLC | -17.3% |
| 2010 | 1,211 million SLC | +19.1% |
| 2011 | 1,081 million SLC | -10.7% |
| 2012 | 944 million SLC | -12.7% |
| 2013 | 1,329 million SLC | +40.8% |
| 2014 | 831.9 million SLC | -37.4% |
| 2015 | 801.6 million SLC | -3.6% |
| 2016 | 1,452 million SLC | +81.1% |
| 2017 | 1,288 million SLC | -11.3% |
| 2018 | 1,976 million SLC | +53.4% |
| 2019 | 1,939 million SLC | -1.8% |
| 2020 | 2,208 million SLC | +13.9% |
| 2021 | 2,104 million SLC | -4.7% |
| 2022 | 1,748 million SLC | -16.9% |
| 2023 | 1,421 million SLC | -18.7% |
| 2024 | 2,148 million SLC | +51.2% |
Namibia compared with similar countries
- Namibia's 2,148 million SLC is below the median for lower middle income countries, which is 487,892 million SLC, 0% of the median. (38 countries reporting)
- Namibia's 2,148 million SLC is below the median for Sub-Saharan Africa, which is 494,292 million SLC, 0% of the median. (42 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1,238 million SLC | 934.6 million SLC | 1,761 million SLC | 5 |
| 2010s | 1,285 million SLC | 801.6 million SLC | 1,976 million SLC | 10 |
| 2020s | 1,926 million SLC | 1,421 million SLC | 2,208 million SLC | 5 |
Countries ranked near Namibia
- 155 Saint Kitts and Nevis 2,491 million SLC compare
- 156 Grenada 2,399 million SLC compare
- 157 Samoa 2,398 million SLC compare
- 159 Ecuador 1,928 million SLC compare
- 160 Sao Tome and Principe 1,444 million SLC compare
- 161 Saint Vincent and the Grenadines 1,442 million SLC compare
More agriculture & rural data for Namibia
- Agriculture, forestry, and fishing, value added (current US$), annual 8 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0699 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 340.78 current US$ per person (2025)
- Rural population, annual growth rate 1.13 % change on previous year (2025)
- Rural population, per unit of GDP 0.0001 units per US$ of GDP (2025)
- Rural population, per capita 0.4913 units per person (2025)
- Share of GDP from agriculture 7.0% (2025)
- Agriculture as a share of GDP vs. GDP per capita 7.0% (2025)
- Agricultural raw materials exports 1.9% (2024)
- Agricultural raw materials imports 0.5% (2024)
Frequently asked questions
- What is total credit — value standard local currency in Namibia?
- Total credit — value standard local currency in Namibia was 2,148 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest total credit — value standard local currency recorded in Namibia?
- The highest recorded value was 2,208 million SLC in 2020.
- What is the lowest total credit — value standard local currency recorded in Namibia?
- The lowest recorded value was 801.6 million SLC in 2015.
- How does Namibia rank for total credit — value standard local currency?
- Namibia ranks 158th out of 165 countries with data for 2024.
- Is total credit — value standard local currency rising or falling in Namibia?
- Over the last ten years it is up 158.2%. The long-run trend across the full record is rising.
- Where does this Namibia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Total Credit — Value Standard Local Currency. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 20 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
About this data
Credit to agriculture measures the amount of loans and advances given by the banking sector to farmers, rural households, agricultural cooperatives, or any other agri-related businesses. Each country’s central bank compiles its credit stocks by economic activities as part of its monetary and financial statistics publications via annual or quarterly reports online. Data collection has been carried out mostly through reports found on the central bank websites. Data are collected and compiled according to the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4: https://unstats.un.org/unsd/classifications/Econ/isic) with a special concentration on the credit to agriculture, forestry and fishing sector separately from the ones to manufacturing and services.