Inflation Namibia 2020
Average inflation: 2.2%
Current Inflation
Inflation is normal at 2.2%, around the ECB target.
Peak and Trough
The highest inflation was in February at 2.5%. The lowest inflation was in April at 1.6%.
- Highest month
- February: 2.5%
- Lowest month
- April: 1.6%
- Difference
- 0.9 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 5.2%. The lowest price increase was in Energy with an average of -1.0%.
- Highest increase
- Food: 5.2%
- Lowest increase
- Energy: -1.0%
Historical Context
Current inflation is 2.4% lower than the 5-year average of 4.6%. This approaches the lowest level since records began (2.2% in 2020).
- 5-year average
- 4.6%
- 10-year average
- 4.9%
- All-time high (2009)
- 9.5%
- All-time low (2020)
- 2.2%
Trend
Inflation shows a downward trend. Compared to 2019, inflation has fallen by +1.5 percentage point.
- Change vs. previous year
- -1.5 percentage points
- Largest monthly swing
- April: -2.9 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
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 €102.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 2.0% | -2.7 |
| February | 2.5% | -1.9 |
| March | 2.4% | -2.1 |
| April | 1.6% | -2.9 |
| May | 2.1% | -2.0 |
| June | 2.1% | -1.8 |
| July | 2.1% | -1.5 |
| August | 2.4% | -1.3 |
| September | 2.4% | -0.9 |
| October | 2.3% | -0.7 |
| November | 2.2% | -0.3 |
| December | 2.4% | -0.2 |
| Average | 2.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.