Namibia Diesel prices, 08-Jul-2024

The current price of diesel fuel in Namibia is NAD 21.57 per liter or USD 1.19 per liter based on the latest update from 08-Jul-2024. For comparison, the world average diesel price is USD 1.18 per liter.
Diesel prices
 Current price 1.19
 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 diesel price data for Namibia from 2014-07-28 to 2024-07-08. The average diesel price during that period is NAD 13.95 per liter with a minimum of NAD 9.42 on 2016-03-07 and a maximum of NAD 24.10 on 2022-10-31. 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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Diesel prices
Price (NAD/Liter) Percent change
 Current price 21.57 -
 One month ago 22.17 -2.7 %
 Three months ago 21.77 -0.9 %
 One year ago 19.05 13.2 %

Our data on: CNN Bloomberg Reuters

Namibia Diesel prices: The last eight weeks

Namibia Diesel prices: The last eight weeks

Namibia Diesel prices, liter, Namibia Dollar

Namibia Diesel prices: Historical graph; 2014-07-28-2024-07-08
* A long flat line means that the government fixes the prices.
Namibia: Diesel price analytics
Percent of world average diesel price     94.42%
Correlation with crude oil prices     0.76
Percent change if oil prices increase 10%     2.78%
Correlation with USD exchange rate     -0.82
Price flexibility index: 0 (low) - 1 (high)     0.14
Correlation with gasoline prices     0.98
Percent of gasoline price     96.39%
Cost of 40 liter tank, percent of income     11.76%
Diesel consumption, percent of income     4.09%
Updated monthly. Methodological notes
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