Mortgage loans reached 35.4 NAD bil in 2017 in Namibia, according to the National Central Bank. This is 8.51 % more than in the previous year.
Historically, mortgage loans in Namibia reached an all time high of 35.4 NAD bil in 2017 and an all time low of 16.3 NAD bil in 2010. When compared to Namibia's main peers, mortgage loans in Botswana amounted to 9.19 BWP bil and 949 ZAR bil in South Africa in 2017.
Namibia has been ranked 62nd within the group of 89 countries we follow in terms of mortgage loans.
A mortgage loan is a loan secured by real property through the use of a mortgage note.