Inflation Rate in Namibia decreased to 3.50 percent in July from 3.70 percent in June of 2025. This dataset provides the latest reported value for - Namibia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The inflation rate in Namibia decreased by about one percentage point from 4.29 percent in 2018 to 3.72 percent in 2019. It is projected to remain around 4.5 percent through 2030, significantly lower than the 2002 peak of 12.72 percent. Namibia’s historical context Prior to 1990, Namibia was under apartheid South Africa control, and before World War I, the country was a German colony and even suffered a genocide. Given this turbulent oppression, it is expected that social and economic residual ramifications would follow. Namibia’s inflation rate went through a volatile period during the 1990’s and early 2000’s where it reached around twelve percent several times. Over the past decade, Namibia’s inflation rate has largely declined. Namibia’s successful growth Similarly, Namibia’s gross domestic product (GDP) remained under five billion U.S. dollars through the 1990’s. Since then, the country’s GDP has grown to about 14 billion U.S. dollars as of 2019 and will continue to grow through the upcoming years. Namibia’s increasing economic success is in part linked to developing its services industry. Today, the services sector is responsible for employing about 60 percent of the country’s working population. A well-developed services industry is usually a sign of a similarly well-developed economy. The services sector includes the growing tourist industry with an expanding focus on ecotourism, centered around the country’s endangered wildlife.

The Consumer Price Index in Namibia increased 0.10 percent in July of 2025 over the previous month. This dataset provides the latest reported value for - Namibia Inflation Rate MoM - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Historical dataset showing Namibia inflation rate by year from 2003 to 2024.

Cost of food in Namibia increased 6.10 percent in July of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Namibia Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Inflation, consumer prices (annual %) in Namibia was reported at 4.239 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Namibia - Inflation, consumer prices (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

Inflation, monthly percent change in the CPI in Namibia, July, 2025 The most recent value is 0.06 percent as of July 2025, an increase compared to the previous value of 0.03 percent. Historically, the average for Namibia from March 2011 to July 2025 is 0.4 percent. The minimum of -0.34 percent was recorded in April 2020, while the maximum of 3.23 percent was reached in January 2017. | TheGlobalEconomy.com

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Namibia was 3.66 percent. That number was released in . It shows an increase from the inflation rate in the previous month when it stood at 3.46 percent. Compared to a year ago, we see a decrease from the...

Time series data for the statistic Inflation_Rate and country Namibia. Indicator Definition:Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.The statistic "Inflation Rate" stands at 4.24 percent as of 12/31/2024. Regarding the One-Year-Change of the series, the current value constitutes a decrease of -1.64 percentage points compared to the value the year prior.The 1 year change in percentage points is -1.64.The 3 year change in percentage points is 0.6221.The 5 year change in percentage points is 0.5166.The 10 year change in percentage points is -1.11.The Serie's long term average value is 5.34 percent. It's latest available value, on 12/31/2024, is 1.10 percentage points lower, compared to it's long term average value.The Serie's change in percentage points from it's minimum value, on 12/31/2020, to it's latest available value, on 12/31/2024, is +2.03.The Serie's change in percentage points from it's maximum value, on 12/31/2009, to it's latest available value, on 12/31/2024, is -5.21.

Namibia: Inflation forecast: The latest value from 2030 is 4.5 percent, unchanged from 4.5 percent in 2029. In comparison, the world average is 3.65 percent, based on data from 182 countries. Historically, the average for Namibia from 1991 to 2030 is 6.93 percent. The minimum value, 2.36 percent, was reached in 2020 while the maximum of 22.1 percent was recorded in 1991.

Inflation, GDP deflator (annual %) in Namibia was reported at 3.2502 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Namibia - Inflation, GDP deflator (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.

3.3 (%) in 2024. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Namibia NA: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data was reported at 6.822 % in 2017. This records a decrease from the previous number of 10.008 % for 2016. Namibia NA: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data is updated yearly, averaging 6.952 % from Dec 1990 (Median) to 2017, with 28 observations. The data reached an all-time high of 15.672 % in 1994 and a record low of 1.007 % in 2003. Namibia NA: Inflation:(GDP) Gross Domestic ProductDeflator: Linked Series data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Namibia – Table NA.World Bank: Inflation. Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.; ; World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.; ;

The latest inflation rate, i.e. the percent change in the CPI from a year ago to now, in Namibie was 3.53 pour cent. That number was released in . It shows a decrease from the inflation rate in the previous month when it stood at 3.66 pour cent. Compared to a year ago, we see a decrease from the...

This scatter chart displays expense (% of GDP) against inflation (annual %) in Namibia. The data is about countries per year.

Namibia NA: Real Interest Rate data was reported at 3.016 % pa in 2017. This records an increase from the previous number of -0.149 % pa for 2016. Namibia NA: Real Interest Rate data is updated yearly, averaging 4.744 % pa from Dec 1991 (Median) to 2017, with 27 observations. The data reached an all-time high of 16.381 % pa in 1991 and a record low of -3.747 % pa in 2012. Namibia NA: Real Interest Rate data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Namibia – Table NA.World Bank.WDI: Interest Rates. Real interest rate is the lending interest rate adjusted for inflation as measured by the GDP deflator. The terms and conditions attached to lending rates differ by country, however, limiting their comparability.; ; International Monetary Fund, International Financial Statistics and data files using World Bank data on the GDP deflator.; ;

This scatter chart displays individuals using the Internet (% of population) against inflation (annual %) in Namibia. The data is about countries per year.

This scatter chart displays inflation (annual %) against female population (people) in Namibia. The data is filtered where the date is 2021. The data is about countries per year.

This bar chart displays inflation (annual %) by ISO 3 country code using the aggregation median in Namibia. The data is about countries per year.

This horizontal bar chart displays inflation (annual %) by region using the aggregation median in Namibia. The data is filtered where the date is 2021. The data is about countries per year.