Inflation Namibia 2019
Average inflation: 3.7%
Current Inflation
Inflation is high at 3.7%, well above the ECB target.
Peak and Trough
The highest inflation was in January at 4.7%. The lowest inflation was in November at 2.5%.
- Highest month
- January: 4.7%
- Lowest month
- November: 2.5%
- Difference
- 2.2 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 4.3%. The lowest price increase was in Energy with an average of 2.1%.
- Highest increase
- Food: 4.3%
- Lowest increase
- Energy: 2.1%
Historical Context
Current inflation is 1.2% lower than the 5-year average of 4.9%. This approaches the lowest level since records began (3.4% in 2015).
- 5-year average
- 4.9%
- 10-year average
- 5.2%
- All-time high (2009)
- 9.5%
- All-time low (2015)
- 3.4%
Trend
Inflation shows a downward trend. Compared to 2018, inflation has fallen by +0.6 percentage point.
- Change vs. previous year
- -0.6 percentage points
- Largest monthly swing
- November: -3.1 percentage points
ECB Target
Inflation is 1.7% 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 €103.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 4.7% | +1.1 |
| February | 4.4% | +0.9 |
| March | 4.5% | +1.0 |
| April | 4.5% | +0.9 |
| May | 4.1% | +0.3 |
| June | 3.9% | -0.1 |
| July | 3.6% | -0.9 |
| August | 3.7% | -0.7 |
| September | 3.3% | -1.5 |
| October | 3.0% | -2.1 |
| November | 2.5% | -3.1 |
| December | 2.6% | -2.5 |
| Average | 3.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.