Namibia Interest Rate  2007-2017 | Data | Chart | Calendar | Forecast

The central bank of Namibia kept its benchmark repo rate on hold at 7 percent at its December 2016 meeting, saying current policy stance is appropriate to support growth. The economy contracted 1.2 percent in the second quarter of the year and the central bank expects it to slow to 2.5 percent in 2016 from 5.3 percent in 2015. Meanwhile, the inflation rate rose to 7.3 percent in November, the highest since November of 2011 and is expected to average 6.7 percent this year and 5.9 percent in 2017. Interest Rate in Namibia averaged 7.14 percent from 2007 until 2016, reaching an all time high of 10.50 percent in May of 2007 and a record low of 5.50 percent in August of 2012.

Namibia Interest Rate
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-08-17 10:10 AM Interest Rate Decision 7% 7% 7%
2016-10-19 09:25 AM Interest Rate Decision 7% 7% 7%
2016-12-07 09:30 AM Interest Rate Decision 7% 7% 7.25%
2017-02-14 09:30 AM Interest Rate Decision 7%
2017-04-13 09:30 AM Interest Rate Decision
2017-06-15 09:30 AM Interest Rate Decision




Namibia Money Last Previous Highest Lowest Unit
Interest Rate 7.00 7.00 10.50 5.50 percent [+]
Money Supply M1 39547.80 40188.90 43891.60 1181.60 NAD Million [+]
Money Supply M2 86286.40 86309.10 87871.10 15670.40 NAD Million [+]
Foreign Exchange Reserves 25067.81 26449.27 26449.27 1783.20 NAD Million [+]
Deposit Interest Rate 4.71 4.25 12.94 3.98 percent [+]
Lending Rate 10.75 10.75 24.20 9.25 percent [+]
Central Bank Balance Sheet 25821.50 23832.40 31283.00 2526.62 NAD Million [+]



Namibia Interest Rate Notes

In Namibia, interest rates decisions are taken by the Executive Committee of the Bank of Namibia. The official interest rate is the Repo Rate. This page provides the latest reported value for - Namibia Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Namibia Interest Rate - actual data, historical chart and calendar of releases - was last updated on January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.00 10.50 5.50 2007 - 2016 percent Daily



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South Africa 7.00 Dec/16
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Iceland 5.00 Dec/16
Jamaica 5.00 Dec/16
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Indonesia 4.75 Dec/16
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Laos 4.25 Dec/16
Peru 4.25 Jan/17
Tunisia 4.25 Dec/16
Algeria 4.00 Dec/16
Bahamas 4.00 Dec/16
Iraq 4.00 Dec/16
Macedonia 4.00 Nov/16
Mauritius 4.00 Dec/16
Serbia 4.00 Jan/17
Jordan 3.75 Dec/16
Chile 3.50 Dec/16
Barbados 3.29 Dec/16
Guatemala 3.00 Dec/16
Libya 3.00 Dec/16
Malaysia 3.00 Dec/16
Philippines 3.00 Dec/16
Belize 2.50 Dec/16
Croatia 2.50 Nov/16
Kuwait 2.50 Dec/16
Cameroon 2.45 Dec/16
Central African Republic 2.45 Dec/16
Chad 2.45 Dec/16
Equatorial Guinea 2.45 Dec/16
Gabon 2.45 Dec/16
Republic of the Congo 2.45 Dec/16
Cuba 2.25 Dec/16
Morocco 2.25 Dec/16
Bolivia 2.21 Nov/16
Saudi Arabia 2.00 Dec/16
Costa Rica 1.75 Dec/16
New Zealand 1.75 Dec/16
Romania 1.75 Jan/17
Australia 1.50 Dec/16
Poland 1.50 Jan/17
Thailand 1.50 Dec/16
United Arab Emirates 1.50 Dec/16
Cambodia 1.45 Oct/16
Taiwan 1.38 Dec/16
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South Korea 1.25 Jan/17
Oman 1.24 Dec/16
Comoros 1.15 Dec/16
Bahrain 1.00 Dec/16
Hong Kong 1.00 Dec/16
Macau 1.00 Dec/16
Hungary 0.90 Dec/16
United States 0.75 Dec/16
Canada 0.50 Dec/16
Fiji 0.50 Dec/16
Norway 0.50 Dec/16
Panama 0.48 Oct/16
Singapore 0.46 Dec/16
New Caledonia 0.25 Dec/16
United Kingdom 0.25 Dec/16
Israel 0.10 Dec/16
Czech Republic 0.05 Dec/16
Austria 0.00 Dec/16
Belgium 0.00 Dec/16
Bulgaria 0.00 Jan/17
Cyprus 0.00 Dec/16
Estonia 0.00 Dec/16
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Finland 0.00 Dec/16
France 0.00 Dec/16
Germany 0.00 Dec/16
Greece 0.00 Dec/16
Ireland 0.00 Dec/16
Italy 0.00 Dec/16
Latvia 0.00 Dec/16
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Malta 0.00 Dec/16
Netherlands 0.00 Dec/16
Portugal 0.00 Dec/16
Slovakia 0.00 Dec/16
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Spain 0.00 Dec/16
Japan -0.10 Dec/16
Sweden -0.50 Dec/16
Denmark -0.65 Dec/16
Switzerland -0.75 Dec/16