Inflation Namibia 2018
Average inflation: 4.3%
Current Inflation
Inflation is high at 4.3%, well above the ECB target.
Peak and Trough
The highest inflation was in November at 5.6%. The lowest inflation was in February at 3.5%.
- Highest month
- November: 5.6%
- Lowest month
- February: 3.5%
- Difference
- 2.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 3.5%. The lowest price increase was in Food with an average of 3.2%.
- Highest increase
- Energy: 3.5%
- Lowest increase
- Food: 3.2%
Historical Context
Current inflation is 0.9% lower than the 5-year average of 5.2%.
- 5-year average
- 5.2%
- 10-year average
- 5.8%
- All-time high (2009)
- 9.5%
- All-time low (2015)
- 3.4%
Trend
Inflation shows a downward trend. Compared to 2017, inflation has fallen by +1.9 percentage point.
- Change vs. previous year
- -1.9 percentage points
- Largest monthly swing
- January: -4.6 percentage points
ECB Target
Inflation is 2.3% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €104.30 next year at this inflation rate.
Multi-year trend
Monthly figures 2018
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2017 |
|---|---|---|
| January | 3.6% | -4.6 |
| February | 3.5% | -4.3 |
| March | 3.5% | -3.5 |
| April | 3.6% | -3.1 |
| May | 3.8% | -2.5 |
| June | 4.0% | -2.1 |
| July | 4.5% | -0.9 |
| August | 4.4% | -1.0 |
| September | 4.8% | -0.8 |
| October | 5.1% | -0.1 |
| November | 5.6% | +0.4 |
| December | 5.1% | -0.1 |
| Average | 4.3% |
Data source
Data from WorldBank. Last updated: 06/01/2026.