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Launch of the modified N$20 and N$200

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Message From the Governor

Mr Johannes !Gawaxab - Governor - Bank of Namibia

The 2023 Annual Report outlines the governance of the Bank of Namibia (hereinafter referred to as “the Bank”) and key achievements of the Bank in 2023 in the execution of its three-year strategic plan (2022–2024). The report also presents the state of the Namibian economy. It includes a Theme Chapter titled: “The impact of climate change on the economy: Adaptive strategies and policy options for Namibia”. The Theme Chapter is a timely intervention as we navigate climatic swings resulting in erratic rainfall that will probably have a negative impact on the most vulnerable in society and require the redirection of critical resources to emergency relief programmes and mitigation strategies. Finally, the report contains an assessment of banking supervision, and audited annual financial statements of the Bank for the year 2023.

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Mr Johannes !Gawaxab
Bank of Namibia

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Stay Up-to-Date on Our Monetary Policy Announcements

The ultimate objective of monetary policy in Namibia is to maintain price stability.

Get to Know Our Currency

We are proud to present the new generation of Namibian banknotes.

Namibia Inflation Forecast Report

Get to know more about the Domestic Inflation, Short Term Forecasts and Medium Term Forecasts.

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