Lending Rate in Namibia increased to 8.50 percent in June from 8 percent in May of 2022. source: Bank of Namibia
Lending Rate in Namibia averaged 13.76 percent from 1991 until 2022, reaching an all time high of 24.20 percent in July of 1998 and a record low of 7.50 percent in August of 2020. This page provides - Namibia Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Namibia Prime Lending Rate - values, historical data and charts - was last updated on August of 2022.
Lending Rate in Namibia is expected to be 8.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Prime Lending Rate is projected to trend around 9.25 percent in 2023 and 10.00 percent in 2024, according to our econometric models.