Inflation Namibia 2008
Average inflation: 9.1%
Current Inflation
Inflation is very high at 9.1%, far above the ECB target.
Peak and Trough
The highest inflation was in November at 12.3%. The lowest inflation was in February at 6.2%.
- Highest month
- November: 12.3%
- Lowest month
- February: 6.2%
- Difference
- 6.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 16.8%. The lowest price increase was in Energy with an average of -4.5%.
- Highest increase
- Food: 16.8%
- Lowest increase
- Energy: -4.5%
Historical Context
Current inflation is 2.2% higher than the 5-year average of 6.9%. This approaches the highest level since records began (9.1% in 2008).
- 5-year average
- 6.9%
- 10-year average
- 6.9%
- All-time high (2008)
- 9.1%
- All-time low (2006)
- 5%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +2.6 percentage point.
- Change vs. previous year
- +2.6 percentage points
- Largest monthly swing
- November: +7.1 percentage points
ECB Target
Inflation is 7.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for €100 this year will cost approximately €109.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 6.3% | +0.7 |
| February | 6.2% | -0.2 |
| March | 6.9% | +0.4 |
| April | 7.7% | +0.4 |
| May | 8.0% | +0.4 |
| June | 8.7% | +1.8 |
| July | 10.3% | +3.3 |
| August | 10.5% | +3.8 |
| September | 10.6% | +4.0 |
| October | 10.2% | +3.0 |
| November | 12.3% | +7.1 |
| December | 11.2% | +5.7 |
| Average | 9.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.