Annual Inflation Rate of Namibia
Updated on February 12, 2022.

The annual inflation rate of Namibia as measured by the consumer prices index was 2.21% in 2020, a difference of -1.51% (40.59% decrease) from 2019, according to recent data from the World Bank.

The World Bank defines inflation measured by the consumer price index as "the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly".

The chart and table below shows the Inflation of Namibia for 2003 - 2020.

Data Source: World Bank.
Annual Inflation Rate of Namibia (%)
Table of Annual Inflation Rate of Namibia
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Year Inflation (%)
2003 7.14
2004 4.14
2005 2.28
2006 4.96
2007 6.55
2008 9.1
2009 9.45
2010 4.88
2011 5.01
2012 6.72
2013 5.6
2014 5.35
2015 3.39
2016 6.73
2017 6.15
2018 4.29
2019 3.72
2020 2.21