Namibia—Firms Using Banks to Finance Investment (%)
Category: FinanceSource: World Bank World Development Indicators ↗Global Rank: #56 of 117Updated April 2026
Latest Value
26.9%
2024
YoY Change
-19.7%
2014 → 2024
Global Rank
#56
of 117 countries
Maximum
33.5%
2014
Minimum
8.1%
2006
CAGR
+6.9%
3 years
Last
26.9%
Previous
33.5%
Highest
33.5%
Lowest
8.1%
Source
World Bank World Development Indicators
Namibia's firms using banks to finance investment (%) was 26.9% in 2024, ranking #56 out of 117 countries. This represents a -19.7% change from 2014. Over the past 3 years, the highest recorded value was 33.5% (2014) and the lowest was 8.1% (2006). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | 26.9% | -19.7% |
| 2014 | 33.5% | +314.7% |
| 2006 | 8.1% |
Top Countries — Firms Using Banks to Finance Investment (%)
About This Indicator
Definition
Percentage of firms using banks to finance purchases of fixed assets.
Methodology
Data compiled by Enterprise Surveys, World Bank (WB), uri: https://www.enterprisesurveys.org/en/data.