Inflation in Namibia
In the year to July 2026, consumer prices in Namibia rose 4.4%, the same pace as a month earlier. Since January 2005 prices have risen 199.9%, which means N$100 then buys what N$299.90 buys now, so the same basket of goods costs 3.0 times what it did.
Cumulative & Yearly Inflation
Inflation in Namibia by year
Inflation is the change in that year's average prices against the year before, which is the figure usually quoted. The last two columns take N$100 in January of that year and show what it is worth in July 2026, the most recent month on record. Only years measured in full are listed, so the year now running appears once it ends.
| Year | Inflation | N$100 is now | Cumulative inflation |
|---|---|---|---|
| 2010 | 4.9% | 214.15 | 114.1% |
| 2020 | 2.2% | 132.38 | 32.4% |
| 2024 | 4.2% | 109.25 | 9.2% |
| 2025 | 3.5% | 105.88 | 5.9% |
Every year from 2006 to 2025
| Year | Inflation | N$100 is now | Cumulative inflation |
|---|---|---|---|
| 2006 | 5.0% | 288.20 | 188.2% |
| 2007 | 6.5% | 272.82 | 172.8% |
| 2008 | 9.1% | 256.70 | 156.7% |
| 2009 | 9.5% | 230.09 | 130.1% |
| 2010 | 4.9% | 214.15 | 114.1% |
| 2011 | 5.0% | 207.36 | 107.4% |
| 2012 | 6.7% | 194.17 | 94.2% |
| 2013 | 5.6% | 182.84 | 82.8% |
| 2014 | 5.4% | 174.32 | 74.3% |
| 2015 | 3.4% | 166.87 | 66.9% |
| 2016 | 6.7% | 158.41 | 58.4% |
| 2017 | 6.1% | 146.41 | 46.4% |
| 2018 | 4.3% | 141.38 | 41.4% |
| 2019 | 3.7% | 135.09 | 35.1% |
| 2020 | 2.2% | 132.38 | 32.4% |
| 2021 | 3.6% | 128.93 | 28.9% |
| 2022 | 6.1% | 123.25 | 23.3% |
| 2023 | 5.9% | 115.20 | 15.2% |
| 2024 | 4.2% | 109.25 | 9.2% |
| 2025 | 3.5% | 105.88 | 5.9% |
A short history of inflation in Namibia
The Rand Peg (1993 onwards)
Namibia does not set its own monetary policy. The Namibian dollar has been pegged one to one with the South African rand since 1993, and Namibia belongs to the Common Monetary Area, so interest rates are effectively those of the South African Reserve Bank and inflation tracks South Africa's closely.
The peak of 12.3% in the year to November 2008 is the global food and fuel spike arriving through that channel. The arrangement buys stability and predictability for a small economy heavily integrated with its neighbour's, at the cost of any ability to respond to purely Namibian conditions. Divergences show up mostly in housing and food, where local supply matters more than the shared rate.
Post-Covid Inflation (2021 to 2023)
In Namibia, prices rose fastest in August 2022, at 7.3%. The causes of the post-Covid inflation were global in nature, beginning with the lockdowns: factories and ports closed and the shipping between them fell out of sequence, so goods took longer to make and longer to arrive. Governments had spent heavily supporting household incomes through those closures, so when restrictions lifted there was money waiting to be spent and not enough on the shelves to spend it on. Then in February 2022 Russia invaded Ukraine, disrupting two of the world's largest suppliers of wheat, fertiliser, oil and gas at once, and the cost of everything grown, heated or transported rose with them.
Because the causes were shared, so was the timing: most countries peaked within a few months of one another in late 2022. The major inflation events covers this episode and the others in more detail.
Common questions about inflation in Namibia
What is the current inflation rate in Namibia?
Prices in Namibia rose 4.4% in the year to July 2026. That is unchanged on the month before.
What would N$100 in January 2005 be worth today?
N$100.00 in January 2005 has the same buying power as N$299.90 in July 2026, a rise of 199.9%.
What would N$100 in January 2010 be worth today?
N$100.00 in January 2010 has the same buying power as N$214.15 in July 2026, a rise of 114.1%.
What would N$100 in January 2020 be worth today?
N$100.00 in January 2020 has the same buying power as N$132.38 in July 2026, a rise of 32.4%.
How inflation in Namibia is measured
The figures on this page come from the IMF's CPI dataset, with the original data from the Namibia Statistics Agency. The series is indexed so that a chosen base year equals 100, and the calculator works out the ratio between any two dates you pick.
The currency shown is the Namibian dollar (N$). Coverage runs from January 2005 to July 2026, and updates automatically as each new release is published. Figures for the most recent periods can be revised by the statistics office after first publication.
Use this data
Click the reference to select it.
Compare Inflation. “Inflation in Namibia.” Figures for July 2026. https://compareinflation.com/inflation-in-namibia/
Download the full series (CSV) — 259 months, January 2005 to July 2026, with the annual rate for each.