Namibia Gasoline prices, 08-Jul-2024

The current gasoline price in Namibia is NAD 22.20 per liter or USD 1.22 per liter and was updated on 08-Jul-2024. For comparison, the average price of gasoline in the world is USD 1.23 per liter.
Gasoline prices
 Current price 1.22
 Measure USD/Liter
 Last update 2024-07-08
 Data availability from 2014-07-28
 Data frequency Weekly
Source: Ministry of Mines and Energy

We show Octane-95 gasoline price data for Namibia from 2014-07-28 to 2024-07-08. The average gasoline price during that period is NAD 13.63 per liter with a minimum of NAD 9.00 on 2014-07-28 and a maximum of NAD 23.00 on 2024-05-06. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for Namibia every week.

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Gasoline prices
Price (NAD/Liter) Percent change
 Current price 22.20 -
 One month ago 23.00 -3.5 %
 Three months ago 22.30 -0.4 %
 One year ago 19.78 12.2 %

Our data on: CNN Bloomberg Reuters

Namibia Gasoline prices: The last eight weeks

Namibia Gasoline prices: The last eight weeks

Namibia Gasoline prices, liter, Namibia Dollar

Namibia Gasoline prices: Historical graph; 2014-07-28-2024-07-08
* A long flat line means that the government fixes the prices.
Namibia: Gasoline price analytics
Percent of world average gasoline price     89.96%
Correlation with crude oil prices     0.75
Percent change if oil prices increase 10%     2.12%
Correlation with USD exchange rate     -0.86
Price flexibility index: 0 (low) - 1 (high)     0.13
Correlation with diesel fuel prices     0.98
Percent of diesel price     103.74%
Cost of 40 liter tank, percent of income     12.20%
Gasoline consumption, percent of income     4.24%
Updated monthly. Methodological notes
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