Namibia: Financial institutions development, access

The latest value from 2021 is 0.43 index points, a decline from 0.446 index points in 2020. In comparison, the world average is 0.363 index points, based on data from 175 countries. Historically, the average for Namibia from 1990 to 2021 is 0.264 index points. The minimum value, 0.103 index points, was reached in 1990 while the maximum of 0.479 index points was recorded in 2016. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Measures access to financial services as a principal component of the following two variables: Bank branches per 100,000 adults and ATMs per 100,000 adults. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.