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Namibia — Inflation

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

Latest value · 2025
3.51%
Inflation, Consumer Prices (Annual %) · annual % · -50.8% since 2003

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%.

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 years

Yearannual %
20253.51%
20244.24%
20235.88%
20226.08%
20213.62%
20202.21%
20193.72%
20184.29%
20176.15%
20166.73%
20153.39%
20145.35%
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.

Related data

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.