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 February 2017 meeting, saying current policy stance is appropriate to support growth. The economy is expected to slow in 2016 mainly due to contractions in the construction and mining sectors, namely in diamond mining and metal ores; and in activities in public sector. Also, the agricultural sector continued to contract due to drought. Meanwhile, the inflation rate rose to 8.2 percent in January, the highest since October 2009. Interest Rate in Namibia averaged 7.13 percent from 2007 until 2017, 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)
2016-10-19 09:25 AM Interest Rate Decision 7% 7% 7%
2016-12-07 09:30 AM Interest Rate Decision 7% 7% 7.25%
2017-02-15 10:00 AM Interest Rate Decision 7% 7% 7%
2017-04-13 09:30 AM Interest Rate Decision 7% 7%
2017-06-15 09:30 AM Interest Rate Decision 7%
2017-08-17 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 39652.80 39547.80 43891.60 1181.60 NAD Million [+]
Money Supply M2 85949.50 86286.40 87871.10 15670.40 NAD Million [+]
Foreign Exchange Reserves 25007.00 25857.05 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 27737.70 31731.70 31731.70 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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.00 10.50 5.50 2007 - 2017 percent Daily



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Colombia 7.00 Mar/17
Maldives 7.00 Feb/17
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Nepal 7.00 Feb/17
South Africa 7.00 Feb/17
Burundi 6.95 Nov/16
Bangladesh 6.75 Feb/17
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Vietnam 6.50 Feb/17
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Ethiopia 5.00 Feb/17
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Iceland 5.00 Mar/17
Jamaica 5.00 Feb/17
Kyrgyzstan 5.00 Mar/17
Qatar 5.00 Mar/17
Bosnia and Herzegovina 4.91 Jan/17
Indonesia 4.75 Mar/17
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El Salvador 4.56 Dec/16
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China 4.35 Feb/17
Laos 4.25 Feb/17
Peru 4.25 Mar/17
Tunisia 4.25 Feb/17
Bahamas 4.00 Feb/17
Iraq 4.00 Feb/17
Jordan 4.00 Feb/17
Mauritius 4.00 Feb/17
Serbia 4.00 Mar/17
Algeria 3.50 Feb/17
Barbados 3.46 Feb/17
Macedonia 3.25 Feb/17
Chile 3.00 Mar/17
Guatemala 3.00 Feb/17
Libya 3.00 Feb/17
Malaysia 3.00 Mar/17
Philippines 3.00 Mar/17
Kuwait 2.75 Mar/17
Belize 2.50 Feb/17
Croatia 2.50 Jan/17
Cameroon 2.45 Feb/17
Central African Republic 2.45 Feb/17
Chad 2.45 Feb/17
Equatorial Guinea 2.45 Jan/17
Gabon 2.45 Feb/17
Republic of the Congo 2.45 Feb/17
Cuba 2.25 Feb/17
Morocco 2.25 Mar/17
Saudi Arabia 2.00 Feb/17
Bolivia 1.88 Jan/17
Costa Rica 1.75 Feb/17
New Zealand 1.75 Mar/17
Romania 1.75 Feb/17
United Arab Emirates 1.75 Mar/17
Cambodia 1.55 Jan/17
Australia 1.50 Mar/17
Poland 1.50 Mar/17
Thailand 1.50 Mar/17
Taiwan 1.38 Mar/17
Albania 1.25 Mar/17
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Hong Kong 1.25 Mar/17
Macau 1.25 Mar/17
South Korea 1.25 Feb/17
Oman 1.24 Feb/17
Comoros 1.15 Nov/16
United States 1.00 Mar/17
Hungary 0.90 Mar/17
Panama 0.58 Dec/16
Canada 0.50 Mar/17
Fiji 0.50 Mar/17
Norway 0.50 Mar/17
New Caledonia 0.25 Feb/17
United Kingdom 0.25 Mar/17
Singapore 0.22 Feb/17
Israel 0.10 Feb/17
Czech Republic 0.05 Mar/17
Austria 0.00 Mar/17
Belgium 0.00 Mar/17
Bulgaria 0.00 Mar/17
Cyprus 0.00 Mar/17
Estonia 0.00 Mar/17
Euro Area 0.00 Mar/17
Finland 0.00 Mar/17
France 0.00 Mar/17
Germany 0.00 Mar/17
Greece 0.00 Mar/17
Ireland 0.00 Mar/17
Italy 0.00 Mar/17
Latvia 0.00 Mar/17
Lithuania 0.00 Mar/17
Luxembourg 0.00 Mar/17
Malta 0.00 Mar/17
Netherlands 0.00 Mar/17
Portugal 0.00 Mar/17
Slovakia 0.00 Mar/17
Slovenia 0.00 Mar/17
Spain 0.00 Mar/17
Japan -0.10 Mar/17
Sweden -0.50 Feb/17
Denmark -0.65 Feb/17
Switzerland -0.75 Mar/17