Namibia's automated teller machines (ATMs) (per 100,000 adults) was 67.24 in 2024, the latest year in the World Bank's World Development Indicators. That is up 21.34% from 55.42 in 2014 (1.95% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 67.24 | 2024 |
| Five years earlier | 68.18 | 2019 |
| Ten years earlier | 55.42 | 2014 |
| Highest | 68.73 | 2018 |
| Lowest | 9.5 | 2006 |
| Average since 2015 | 66.48 | 2015–2024 |
| First recorded | 9.5 | 2006 |
What the numbers say
In 2024, Namibia's automated teller machines (ATMs) (per 100,000 adults) fell 0.03 on 2023 (from 67.27 to 67.24).
Across the 17 yearly changes before that (2007 to 2023), the average change was +3.4 and a typical year strayed about 5.64 from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 19.8 in 2008 and the biggest yearly fall was 1.8 in 2012. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2015 to 2024 the straight-line trend is upward, about 0.7 a year. A straight line explains 33% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Namibia had the 41st highest value of the 149 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Namibia | 67.24 | 2024 |
| World | 41.91 | 2024 |
| Sub-Saharan Africa | 6.93 | 2024 |
| Lower middle income | 21.74 | 2024 |
Closest to Namibia in the 2024 ranking
What this measures
Automated teller machines (ATMs) are electromechanical devices which enable customers of financial institutions to perform financial transactions such as cash withdrawals, balance inquiries, deposits, transfer of funds, and obtaining account information, using an electronic card.
Limitations: Population-based ratios of the number of branches and ATMs assume a uniform distribution of bank outlets within a country's area and across its population, while in most countries bank branches and ATMs are concentrated in urban centers of the country and are accessible only to some individuals.
Regional and income-group figures are computed by the World Bank as a median.
All 19 values
| Year | Automated teller machines (ATMs) (per 100,000 adults) |
|---|---|
| 2024 | 67.24 |
| 2023 | 67.27 |
| 2022 | 68.46 |
| 2021 | 67.87 |
| 2020 | 68.09 |
| 2019 | 68.18 |
| 2018 | 68.73 |
| 2017 | 67.27 |
| 2016 | 65.12 |
| 2015 | 56.52 |
| 2014 |
Automated teller machines (ATMs) (per 100,000 adults) in nearby economies
- Angola — 19.57 (2024)
- Benin — 3.97 (2024)
- Botswana — 37.93 (2024)
- Burkina Faso — 4.14 (2024)
- Burundi — 1.64 (2022)
- Cabo Verde — 59.37 (2024)
- Cameroon — 5.15 (2020)
- Central African Republic — 1.43 (2017)
- Chad — 1.7 (2022)
- Comoros
More financial sector data for Namibia
- DEC alternative conversion factor (LCU per US$) — US$17.89 (2025)
- Official exchange rate (LCU per US$, period average) — US$17.89 (2025)
- GDP deflator (base year varies by country) — 168.48 (2025)
- Inflation, GDP deflator (annual % growth) — 6.06% (2025)
- Domestic credit to private sector by banks (% of GDP) — 46.13% (2025)
- Net domestic credit (current LCU) — 179.55 billion (2025)
- Net foreign assets (current LCU) — 74.34 billion (2025)
- Monetary sector credit to private sector (% of GDP) — 46.21% (2025)
- Claims on central government, etc. (% of GDP) — 18.15% (2025)
Reading data like this
Questions people ask
- What is Namibia's automated teller machines (ATMs) (per 100,000 adults)?
- 67.24 in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 2006?
- It is up 607.97% from 9.5 in 2006 (11.49% a year on average, compounded). The highest value was 68.73 in 2018 and the lowest 9.5 in 2006.
- How does Namibia rank?
- 41st highest of 149 economies with data for 2024.
- Is the latest change in automated teller machines (ATMs) (per 100,000 adults) unusual for Namibia?
- In 2024, Namibia's automated teller machines (ATMs) (per 100,000 adults) fell 0.03 on 2023 (from 67.27 to 67.24). Across the 17 yearly changes before that (2007 to 2023), the average change was +3.4 and a typical year strayed about 5.64 from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator FB.ATM.TOTL.P5, licensed CC BY 4.0. Original source: Financial Access Survey, International Monetary Fund (IMF), uri: https://data.imf.org/?sk=E5DCAB7E-A5CA-4892-A6EA-598B5463A34C Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
Want to ask your own questions of data like this? Try AnalyzeIt: upload a file or ask about public data in plain words, and every figure comes with its working.
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