Namibia Interest Rate  2007-2016 | Data | Chart | Calendar | Forecast

The central bank of Namibia left its benchmark repo rate unchanged at 7 percent at its June 15th meeting. Policymakers said the decision was necessary to support the country's economic growth, particularly in light of slow and fragile recovery in the economies of Namibia's trading partners. The annual inflation is expected to increase gradually for the remainder of the year though within manageable levels. 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. Interest Rate in Namibia is reported by the Bank of Namibia.

Namibia Interest Rate
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Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.00 10.50 5.50 2007 - 2016 percent Daily
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 July of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-02-17 09:15 AM Interest Rate Decision 6.75% 6.5% 6.75% 6.5%
2016-04-13 10:00 AM Interest Rate Decision 7.00% 6.75% 6.75%
2016-06-15 10:00 AM Interest Rate Decision 7% 7% 7%
2016-08-17 10:30 AM Interest Rate Decision 7% 7%
2016-10-19 09:05 AM Interest Rate Decision 7%
2016-12-07 09:15 AM Interest Rate Decision 7.25%

Namibia Money Last Previous Highest Lowest Unit
Interest Rate 7.00 7.00 10.50 5.50 percent [+]
Money Supply M1 43891.60 40906.00 43891.60 1181.60 NAD Million [+]
Money Supply M2 85547.90 82964.40 85547.90 15670.40 NAD Million [+]
Foreign Exchange Reserves 24769.36 24661.67 26154.18 1783.20 NAD Million [+]
Deposit Interest Rate 4.25 3.98 12.94 3.98 percent [+]
Lending Rate 10.75 10.75 24.20 9.25 percent [+]
Central Bank Balance Sheet 30344.10 28939.50 30344.10 2526.62 NAD Million [+]




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