Inflation Namibia 2016
Average inflation: 6.7%
Current Inflation
Inflation is very high at 6.7%, far above the ECB target.
Peak and Trough
The highest inflation was in October at 7.3%. The lowest inflation was in January at 5.3%.
- Highest month
- October: 7.3%
- Lowest month
- January: 5.3%
- Difference
- 2.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 10.8%. The lowest price increase was in Energy with an average of 7.7%.
- Highest increase
- Food: 10.8%
- Lowest increase
- Energy: 7.7%
Historical Context
Current inflation is 1.1% higher than the 5-year average of 5.6%.
- 5-year average
- 5.6%
- 10-year average
- 6.3%
- All-time high (2009)
- 9.5%
- All-time low (2015)
- 3.4%
Trend
Inflation shows an upward trend. Compared to 2015, inflation has risen by +3.3 percentage point.
- Change vs. previous year
- +3.3 percentage points
- Largest monthly swing
- November: +4.0 percentage points
ECB Target
Inflation is 4.7% 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 €106.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2016
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2015 |
|---|---|---|
| January | 5.3% | +0.8 |
| February | 6.1% | +2.5 |
| March | 6.5% | +3.1 |
| April | 6.6% | +3.7 |
| May | 6.7% | +3.7 |
| June | 6.7% | +3.7 |
| July | 7.0% | +3.7 |
| August | 6.8% | +3.4 |
| September | 6.9% | +3.6 |
| October | 7.3% | +3.9 |
| November | 7.3% | +4.0 |
| December | 7.3% | +3.6 |
| Average | 6.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.