Inflation Rate (CPI): Namibia
Namibia's inflation rate (cpi) is currently 3.6% as of 2026. # Namibia Inflation Rate (CPI) Namibia's inflation rate stands at 3.
Current (2026)
3.6%
-2.7% y/y
Peak (1992)
21.6%
Low (2020)
2.2%
Source
IMF World Economic Outlook
1990–2026 · 41 pts
Inflation Rate (CPI) — Namibia
1990 — 2026
Inflation Rate (CPI) — Namibia
Analysis# Namibia Inflation Rate (CPI)
Namibia's inflation rate stands at 3.6% in 2026, reflecting a dramatic 73.7% decline since 1990. The country experienced its peak inflation of 21.6% in 1992, during the early post-independence period, before entering a prolonged moderation. The all-time low of 2.2% occurred in 2020, marking a historically stable pricing environment during the pandemic year.
The recent decade reveals two distinct phases. From 2017 to 2020, inflation trended downward from 6.1% to 2.2%, driven by subdued demand and monetary stability. A spike followed in 2022–2023, climbing to 6.1% and 5.9% respectively, before returning to moderate levels in 2024–2025. Current projections suggest inflation will remain anchored near 3.6%, indicating Namibia's central bank has successfully restored price stability after the 2022 surge.
Historical Data
41 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 3.0% | +0.00% |
| 2029 | 3.0% | +0.00% |
| 2028 | 3.0% | -3.23% |
| 2027 | 3.1% | -13.89% |
| 2026 | 3.6% | -2.70% |
| 2025 | 3.7% | -11.90% |
| 2024 | 4.2% | -28.81% |
| 2023 | 5.9% | -3.28% |
| 2022 | 6.1% | +69.44% |
| 2021 | 3.6% | +63.64% |
| 2020 | 2.2% | -40.54% |
| 2019 | 3.7% | -13.95% |
| 2018 | 4.3% | -29.51% |
| 2017 | 6.1% | -8.96% |
| 2016 | 6.7% | +97.06% |
| 2015 | 3.4% | -35.85% |
| 2014 | 5.3% | -5.36% |
| 2013 | 5.6% | -16.42% |
| 2012 | 6.7% | +34.00% |
| 2011 | 5.0% | +2.04% |
Show all 41 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 4.9% | -48.42% |
| 2009 | 9.5% | +4.40% |
| 2008 | 9.1% | +40.00% |
| 2007 | 6.5% | +30.00% |
| 2006 | 5.0% | +117.39% |
| 2005 | 2.3% | -43.90% |
| 2004 | 4.1% | -43.06% |
| 2003 | 7.2% | -43.31% |
| 2002 | 12.7% | +24.51% |
| 2001 | 10.2% | +0.00% |
| 2000 | 10.2% | +8.51% |
| 1999 | 9.4% | +42.42% |
| 1998 | 6.6% | -31.96% |
| 1997 | 9.7% | +11.49% |
| 1996 | 8.7% | -21.62% |
| 1995 | 11.1% | -8.26% |
| 1994 | 12.1% | +30.11% |
| 1993 | 9.3% | -56.94% |
| 1992 | 21.6% | +60.00% |
| 1991 | 13.5% | -1.46% |
| 1990 | 13.7% | — |
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Demographics
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