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Namibia — Inflation

Also known as consumer price inflation, CPI inflation, cost of living increase, rate of price rises.

Inflation, Consumer Prices (Annual %) for Namibia, 2003–2025.

Latest value · 2025
3.51%
Inflation, Consumer Prices (Annual %) · annual % · -50.8% since 2003
Free for any use — attribution is the link itself.

Inflation for Namibia was 3.51% in 2025, according to the latest World Bank data. The series covers 23 years, from 2003 to 2025. The highest recorded value was 9.45% in 2009. The lowest was 2.21% in 2020 (about 1.6× the low point). Across that span the compound annual growth rate works out to -3.17% per year.

Namibia ranks 82 of 187 economies on this measure (1 = highest), putting it in the top 44%. The median for Sub-Saharan Africa is 3.51%, so Namibia sits level with it. It peaked in 2009 and has fallen 63% since. Over the last decade (2015–2025) the figure moved up 3%. Within Sub-Saharan Africa it ranks 23 of 46 economies; Cameroon (3.40%) is just below it. Its sharpest one-year move was up 117% in 2006. That is 22% below this series' own ten-year average.

Data highlights

World ranking. Slipped: 45th of 173 in 2003 → 63rd of 186 in 2010 → 84th of 178 in 2020 → 72nd of 169 in 2025.

Adjacent in the latest world ranking (82 of 187): Austria (#81) · Cameroon (#83).

Key figures

Latest (2025)
3.51%
First (2003)
7.14%
Change
-50.8%
Highest
9.45%
in 2009
Lowest
2.21%
in 2020
Average
5.26%
Annual growth (CAGR)
-3.17%
Years of data
23

Recent published years. 2025 — 3.51% · 2024 — 4.24% · 2023 — 5.88% · 2022 — 6.08% · 2021 — 3.62%.

Full history — 2003 to 2025

All 23 published years for this series, most recent first. Years the source does not publish are omitted rather than interpolated.

Namibia — Inflation
Yearannual %Change
20253.51%-0.7 pp
20244.24%-1.6 pp
20235.88%-0.2 pp
20226.08%+2.5 pp
20213.62%+1.4 pp
20202.21%-1.5 pp
20193.72%-0.6 pp
20184.29%-1.9 pp
20176.15%-0.6 pp
20166.73%+3.3 pp
20153.39%-2.0 pp
20145.35%-0.3 pp
20135.6%-1.1 pp
20126.72%+1.7 pp
20115.01%+0.1 pp
20104.87%-4.6 pp
20099.45%+0.4 pp
20089.09%+2.5 pp
20076.55%+1.6 pp
20064.96%+2.7 pp
20052.28%-1.9 pp
20044.14%-3.0 pp
20037.14%—
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.

Frequently asked questions

What was Namibia’s Inflation in 2004?

4.14% (2004). The full year-by-year table above lists every published year, most recent first.

Are changes in this series measured in percentage points?

Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.

Is Namibia’s Inflation growing or shrinking?

Between 2003 and 2025 the series was shrinking overall: -50.8% in total — about 3.2% a year compounded.

Where does this data come from?

World Bank Open Data (CC BY-4.0), indicator FP.CPI.TOTL.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.

What are the most recent published figures?

The last five published years: 2025: 3.51%; 2024: 4.24%; 2023: 5.88%; 2022: 6.08%; 2021: 3.62%. Earlier years are in the full-history table below.

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Source. World Bank Open Data, indicator FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.
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