Inflation of consumer prices in Namibia
Namibia: Inflation of consumer prices was 3.5% in 2025. ▼ Falling
Inflation of consumer prices in Namibia, 2003–2025
Source: International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data. Measured in annual %.
Analysis
The most recent figure for inflation of consumer prices in Namibia is 3.5%, measured in 2025.
Compared with earlier readings it is down 17.2% on the previous year and up 3.4% over ten years.
Over the whole period, inflation of consumer prices in Namibia peaked at 9.5% in 2009 and was at its lowest, 2.2%, in 2020.
Namibia ranks 83rd of 190 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 23 years of available data.
Inflation of consumer prices in Namibia, year by year
| Year | annual % | Change |
|---|---|---|
| 2003 | 7.1% | — |
| 2004 | 4.1% | -42.0% |
| 2005 | 2.3% | -44.8% |
| 2006 | 5.0% | +117.4% |
| 2007 | 6.5% | +32.0% |
| 2008 | 9.1% | +38.9% |
| 2009 | 9.5% | +3.9% |
| 2010 | 4.9% | -48.4% |
| 2011 | 5.0% | +2.7% |
| 2012 | 6.7% | +34.3% |
| 2013 | 5.6% | -16.7% |
| 2014 | 5.4% | -4.5% |
| 2015 | 3.4% | -36.6% |
| 2016 | 6.7% | +98.2% |
| 2017 | 6.1% | -8.7% |
| 2018 | 4.3% | -30.2% |
| 2019 | 3.7% | -13.3% |
| 2020 | 2.2% | -40.6% |
| 2021 | 3.6% | +63.7% |
| 2022 | 6.1% | +68.1% |
| 2023 | 5.9% | -3.3% |
| 2024 | 4.2% | -27.9% |
| 2025 | 3.5% | -17.2% |
Namibia compared with similar countries
- Namibia's 3.5% is below the median for lower middle income countries, which is 3.6%, 99% of the median. (47 countries reporting)
- Namibia's 3.5% is above the median for Sub-Saharan Africa, which is 3.5%, 1.0× the median. (46 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.2% | 2.3% | 9.5% | 7 |
| 2010s | 5.2% | 3.4% | 6.7% | 10 |
| 2020s | 4.3% | 2.2% | 6.1% | 6 |
Countries ranked near Namibia
More economy & growth data for Namibia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.07 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.64 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 44.40 million BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0033 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 14.65 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.93 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual -15.67 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.1418 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 638.56 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -7.48 % change on previous year (2025)
Frequently asked questions
- What is inflation of consumer prices in Namibia?
- Inflation of consumer prices in Namibia was 3.5% in 2025, according to International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data.
- What is the highest inflation of consumer prices recorded in Namibia?
- The highest recorded value was 9.5% in 2009.
- What is the lowest inflation of consumer prices recorded in Namibia?
- The lowest recorded value was 2.2% in 2020.
- How does Namibia rank for inflation of consumer prices?
- Namibia ranks 83rd out of 190 countries with data for 2025.
- Is inflation of consumer prices rising or falling in Namibia?
- Over the last ten years it is up 3.4%. The long-run trend across the full record is falling.
- Where does this Namibia data come from?
- The figures come from International Monetary Fund (IMF) International Financial Statistics, via World Bank (2026) – processed by Our World in Data, published as part of Inflation of consumer prices. Statizoid updates them automatically from the source API.
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About this data
Annual changes in the cost to the average consumer of acquiring a set basket of goods and services. This measure is used to track changes in living costs over time.