Prices & public finance · Sub-Saharan Africa · Lower-middle income
Namibia: prices, money and public finance
Inflation is 3.5% (2025), 79th of 180 in the world and 23rd of 44 in Sub-Saharan Africa. GDP deflator is 6.1% (2025), 48th of 209 in the world and 17th of 46 in Sub-Saharan Africa. Lending rate is 11.0% (2024), 51st of 136 in the world and 20th of 36 in Sub-Saharan Africa.
Inflation
NamibiaSub-Saharan AfricaLower-middle incomeWorld
GDP deflator
NamibiaSub-Saharan AfricaLower-middle incomeWorld
13 indicators
Prices & public finance: Namibia in detail
Latest reported value, world rank and rank within Sub-Saharan Africa; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| InflationInflation, consumer prices, annual % | 3.5%2025 | 79/180 | 23/44 | · | 4.9% | 2.2% | +0.1 ppsince 2015 | 3.4% | 3.6% | 3.0% | |
| GDP deflatorInflation, GDP deflator, annual % | 6.1%2025 | 48/209 | 17/46 | 11.3% | 3.7% | 4.6% | +2.2 ppsince 2015 | 4.1% | 5.0% | 3.3% | |
| Lending rateLending interest rate, % | 11.0%2024 | 51/136 | 20/36 | 15.3% | 9.7% | 7.9% | +2.3 ppsince 2014 | — | — | — | |
| Real interest rateReal interest rate, % | 6.4%2024 | 48/136 | 17/36 | 3.6% | 5.8% | 3.1% | +6.0 ppsince 2014 | — | — | — | |
| Exchange rateOfficial exchange rate, local currency per US$ | 17.892025 | 98/210 | 43/47 | 6.94 | 7.33 | 16.46 | +39%since 2015 | — | — | — | |
| Tax revenueTax revenue, % of GDP | 33.9%2024 | 2/142 | 2/32 | 27.4% | 25.5% | 31.2% | −0.8 ppsince 2014 | — | 12.1% | 13.9% | |
| Government revenueGovernment revenue excluding grants, % of GDP | 35.6%2024 | 28/142 | 2/32 | 30.0% | 27.9% | 33.0% | −1.4 ppsince 2014 | — | 14.2% | 24.0% | |
| Government expenseGovernment expense, % of GDP | 36.2%2023 | 29/142 | 2/32 | 28.1% | 28.1% | 40.3% | +0.7 ppsince 2013 | — | 15.7% | 28.5% | |
| Government debtCentral government debt, % of GDP | 4.7%2015 | 76/78 | 14/15 | · | 1.6% | · | — | — | — | — | |
| Private creditDomestic credit to private sector, % of GDP | 55.1%2024 | 63/169 | 3/42 | · | · | 72.8% | — | 31.7% | 38.7% | 140.3% | |
| Broad moneyBroad money, % of GDP | 72.6%2021 | 51/146 | 5/42 | 39.8% | 62.7% | 71.5% | +8.4 ppsince 2011 | 42.6% | 67.4% | 135.7% | |
| Reserves, months of importsTotal reserves in months of imports | 4.02024 | 93/165 | 15/32 | 1.7 | 3.1 | 5.0 | +127%since 2014 | 6.1 | 7.7 | 8.6 | |
| Military spendingMilitary expenditure, % of GDP | 2.77%2025 | 35/156 | 7/45 | 2.71% | 3.51% | 3.48% | −1.8 ppsince 2015 | 1.13% | 1.92% | 2.48% |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
Better than ten years ago
- Reserves, months of imports+127%4.0 in 2024
Worse than ten years ago
- Inflation+0.1 pp3.5% in 2025
Only indicators where higher or lower is clearly better are rated (for example, unemployment down is better, life expectancy up is better).
neighbours
Namibia and its neighbours
Countries sharing a land border with Namibia. Latest values since 2005; the highest in each row is marked.
| Indicator | Namibia | South Africa | Angola | Zambia | Botswana |
|---|---|---|---|---|---|
| Inflation | 3.5%2025 | 3.2%2025 | 20.2%2025 | 13.9%2025 | 2.7%2025 |
| GDP deflator | 6.1%2025 | 2.8%2025 | 20.5%2025 | 5.6%2025 | 3.6%2025 |
| Lending rate | 11.0%2024 | 10.7%2025 | 19.4%2025 | 9.5%2020 | 6.3%2024 |
| Real interest rate | 6.4%2024 | 7.7%2025 | -0.9%2025 | -3.9%2020 | 4.2%2024 |
| Exchange rate | 17.892025 | 17.892025 | 911.992025 | 25.282025 | 13.502025 |
| Tax revenue | 33.9%2024 | 25.9%2024 | 7.6%2024 | 18.8%2024 | 22.4%2023 |
| Government revenue | 35.6%2024 | 29.4%2024 | 18.2%2024 | 23.4%2024 | 28.1%2023 |
| Government expense | 36.2%2023 | 33.4%2022 | 14.6%2019 | 25.1%2021 | 26.5%2024 |
| Government debt | 4.7%2015 | 82.8%2024 | — | 71.4%2021 | 19.7%2023 |