Current inflation Namibia 4.2%

March 2025

Current Inflation

Inflation is high at 4.2%, well above the ECB target.

Historical Context

Inflation is 0.5 percentage points lower than the 5-year average of 4.7%.

5-year average
4.7%
10-year average
4.7%
All-time high (2009)
9.5%
All-time low (2020)
2.2%

Trend

Over the period 2023-2025, inflation shows a downward trend. Compared to 2024, average inflation in 2025 through March has fallen by 0.6 percentage points.

ECB Target

Inflation is 2.2 percentage points 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 NAD 100 this year will cost approximately NAD 104.20 next year at this inflation rate.

Last 12 months

5-year trend

Statistics

Average 2025 through March
3.7%
Last year
4.3%
5-year average
4.7%
All-time high (2009)
9.5%