Inflation Namibia 2017
Average inflation: 6.2%
Current Inflation
Inflation is very high at 6.2%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 8.2%. The lowest inflation was in October at 5.2%.
- Highest month
- January: 8.2%
- Lowest month
- October: 5.2%
- Difference
- 3.0 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 9.2%. The lowest price increase was in Food with an average of 5.7%.
- Highest increase
- Energy: 9.2%
- Lowest increase
- Food: 5.7%
Historical Context
Current inflation is 0.7% higher than the 5-year average of 5.5%.
- 5-year average
- 5.5%
- 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 2016, inflation has risen by -0.5 percentage point.
- Change vs. previous year
- -0.5 percentage points
- Largest monthly swing
- January: +2.9 percentage points
ECB Target
Inflation is 4.2% 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 €106.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 8.2% | +2.9 |
| February | 7.8% | +1.7 |
| March | 7.0% | +0.5 |
| April | 6.7% | +0.1 |
| May | 6.3% | -0.4 |
| June | 6.1% | -0.6 |
| July | 5.4% | -1.6 |
| August | 5.4% | -1.4 |
| September | 5.6% | -1.3 |
| October | 5.2% | -2.1 |
| November | 5.2% | -2.1 |
| December | 5.2% | -2.1 |
| Average | 6.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.