Namibia: Claims on other sectors of the domestic economy (% of GDP)

Key figures

Over five years it is down 16.24 percentage points from 72.77% in 2019. Since 2015 it is down 11.32 percentage points from 67.85% in 2015.

What the numbers say

In 2024, Namibia's claims on other sectors of the domestic economy (% of GDP) fell 1.48 percentage points on 2023 (from 58% to 56.53%).

Across the 8 yearly changes before that (2016 to 2023), the average change was −1.23 percentage points and a typical year strayed about 4.96 percentage points from that (the standard deviation). This year's change was 0.0 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 5.02 percentage points in 2019 and the biggest yearly fall was 10.15 percentage points in 2022. 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 downward, about 1.15 percentage points a year. A straight line explains 30% 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.

Closest to Namibia in the 2024 ranking

• South Africa — 2nd of 7: 96.37%
• Honduras — 3rd of 7: 81.8%
• Cabo Verde — 4th of 7: 58.45%
• Nicaragua — 6th of 7: 32.46%
• Uganda — 7th of 7: 14.48%

What this measures

Claims on other sectors of the domestic economy include gross credit from the financial system to households, nonprofit institutions serving households, nonfinancial corporations, state and local governments, and social security funds. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 10 values

Claims on other sectors of the domestic economy (% of GDP) in nearby economies

• Angola — 6.94% (2025)
• Cabo Verde — 58.45% (2024)
• Kenya — 33.29% (2023)
• South Africa — 96.37% (2024)
• Uganda — 14.48% (2024)
• Zambia — 20.66% (2025)

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

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Questions people ask

What is Namibia's claims on other sectors of the domestic economy (% of GDP)?

56.53% in 2024, according to the World Bank (World Development Indicators).

How has it changed since 2015?

It is down 11.32 percentage points from 67.85% in 2015. The highest value was 74.7% in 2020 and the lowest 56.53% in 2024.

Is the latest change in claims on other sectors of the domestic economy (% of GDP) unusual for Namibia?

In 2024, Namibia's claims on other sectors of the domestic economy (% of GDP) fell 1.48 percentage points on 2023 (from 58% to 56.53%). Across the 8 yearly changes before that (2016 to 2023), the average change was −1.23 percentage points and a typical year strayed about 4.96 percentage points from that (the standard deviation). This year's change was 0.0 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 FS.AST.DOMO.GD.ZS, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF); World Development Indicators Database, World Bank (WB); National Accounts data files, Organisation for Economic Co-operation and Development (OECD) 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.

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