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Namibia Inflation Rate

Africa · 22 years of data (2003-2024)

4.24%
2024 Annual Rate (-1.64%)
Average Rate
5.34%
2003-2024
Peak Inflation
9.45%
Year 2009
Lowest Rate
2.21%
Year 2020
Volatility
1.83%
Std. Deviation
vs World Avg
-2.37%
World: 6.61%
vs Africa
-5.91%
Region: 10.15%

show_chart Historical Inflation Chart

table_chart Year-by-Year Data

Year Inflation Rate Change
2024 4.24% ▼ 1.64%
2023 5.88% ▼ 0.20%
2022 6.08% ▲ 2.46%
2021 3.62% ▲ 1.41%
2020 2.21% ▼ 1.51%
2019 3.72% ▼ 0.57%
2018 4.29% ▼ 1.85%
2017 6.15% ▼ 0.58%
2016 6.73% ▲ 3.33%
2015 3.39% ▼ 1.96%
2014 5.35% ▼ 0.25%
2013 5.60% ▼ 1.12%
2012 6.72% ▲ 1.72%
2011 5.01% ▲ 0.13%
2010 4.87% ▼ 4.58%
2009 9.45% ▲ 0.36%
2008 9.09% ▲ 2.55%
2007 6.55% ▲ 1.59%
2006 4.96% ▲ 2.68%
2005 2.28% ▼ 1.85%
2004 4.14% ▼ 3.00%
2003 7.14% —

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Data source: World Bank Open Data (Indicator: FP.CPI.TOTL.ZG)