Annual inflation, consumer prices in Namibia

Namibia: Annual inflation, consumer prices was 4.2% in 2024. β–Ό Falling

Latest (2024)
4.2%
Change on year
down 27.9%
World rank
69th
of 187 countries
All-time high
9.5%
in 2009
All-time low
2.2%
in 2020
Years of data
22
2003–2024

Annual inflation, consumer prices in Namibia, 2003–2024

2468102003201320242003: 7.1 %2004: 4.1 %2005: 2.3 %2006: 5 %2007: 6.5 %2008: 9.1 %2009: 9.5 %2010: 4.9 %2011: 5 %2012: 6.7 %2013: 5.6 %2014: 5.4 %2015: 3.4 %2016: 6.7 %2017: 6.1 %2018: 4.3 %2019: 3.7 %2020: 2.2 %2021: 3.6 %2022: 6.1 %2023: 5.9 %2024: 4.2 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

The most recent figure for annual inflation, consumer prices in Namibia is 4.2%, measured in 2024.

The figure is down 27.9% on the previous year and down 20.8% over ten years.

Over the whole period, annual inflation, consumer prices in Namibia peaked at 9.5% in 2009 and was at its lowest, 2.2%, in 2020.

Namibia ranks 69th of 187 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 22 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 6.2% 2.3% 9.5% 7
2010s 5.2% 3.4% 6.7% 10
2020s 4.4% 2.2% 6.1% 5

Countries ranked near Namibia

  1. 67 Chile 4.3% compare
  2. 68 Aruba 4.3% compare
  3. 70 Burkina Faso 4.2% compare
  4. 71 Mozambique 4.1% compare
  5. 72 Algeria 4.0% compare

See the full ranking of 223 places β†’

More development goals data for Namibia

All data for Namibia β†’

Frequently asked questions

What is annual inflation, consumer prices in Namibia?
Annual inflation, consumer prices in Namibia was 4.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
What is the highest annual inflation, consumer prices recorded in Namibia?
The highest recorded value was 9.5% in 2009.
What is the lowest annual inflation, consumer prices recorded in Namibia?
The lowest recorded value was 2.2% in 2020.
How does Namibia rank for annual inflation, consumer prices?
Namibia ranks 69th out of 187 countries with data for 2024.
Is annual inflation, consumer prices rising or falling in Namibia?
Over the last ten years it is down 20.8%. The long-run trend across the full record is falling.
Where does this Namibia data come from?
The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.

Download this data

CSV Β· JSON β€” 22 observations, free to reuse under UN SDG Global Database (open, attribution requested).

Share, cite or embed this page

Cite this page

Annual inflation, consumer prices in Namibia. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 15 August 2026, from https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/namibia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under UN SDG Global Database (open, attribution requested); please keep the attribution.

<a href="https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/namibia/">Annual inflation, consumer prices in Namibia</a> β€” Statizoid

About this data

Indicator
Annual inflation, consumer prices (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
223 places, 5,311 data points, 2000–2024
Last refreshed