Inflation in Namibia
In the year 2024, the inflation in Namibia was 4.24%, compared to 5.35% in 2014 and 5.88% in 2023. It averaged 4.70% over the last decade. For more inflation information, visit our dedicated page.
Namibia Inflation Chart
Note: This chart displays Inflation Rate (CPI, annual variation in %) for Namibia from 2024 to 2023.
Source: Macrobond.
Namibia Inflation Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Inflation (CPI, ann. var. %, aop) | 3.7 | 2.2 | 3.6 | 6.1 | 5.9 |
| Inflation (CPI, ann. var. %, eop) | 2.6 | 2.4 | 4.5 | 6.9 | 5.3 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Namibian inflation projections for the next ten years from a panel of 5 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable inflation forecast available for Namibian inflation.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Namibian inflation projections.
Want to get access to the full dataset of Namibian inflation forecasts? Send an email to info@focus-economics.com.