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Fuel prices in Namibia have been a concern for its residents, with prices ranging between N$20 and N$25 per litre in recent years, doubling the pre-Russia-Ukraine war rates. As of June 2025, the price of gasoline was NAD 20.37 per litre or USD 1.16 per litre, while diesel was slightly higher at NAD 20.62 per litre. These prices are determined using specific pricing principles to ensure fairness for inland areas, with pump prices quoted at Walvis Bay as the starting point.
| Characteristics | Values |
|---|---|
| Current gasoline price per litre in Namibia | NAD 20.37 or USD 1.16 |
| Average world gasoline price | USD 1.22 per litre |
| Average gasoline price from 2015-2025 | NAD 14.78 per litre |
| Minimum gasoline price from 2015-2025 | NAD 9.59 on 2015-07-20 |
| Maximum gasoline price from 2015-2025 | NAD 23.00 on 2024-05-06 |
| Current diesel price per litre in Namibia | NAD 20.62 or USD 1.16 |
| Average world diesel price | USD 1.13 per litre |
| Average diesel price from 2015-2025 | NAD 14.98 per litre |
| Minimum diesel price from 2015-2025 | NAD 9.42 on 2016-03-07 |
| Maximum diesel price from 2015-2025 | NAD 24.10 on 2022-10-31 |
| Namibian fuel price range for most of the past 3-4 years | N$20 to N$25 per litre |
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What You'll Learn
Gasoline price: NAD 20.37/litre or USD 1.16/litre
As of June 30, 2025, the price of gasoline in Namibia is NAD 20.37 per liter, equivalent to approximately USD 1.16 per liter. This price is slightly lower than the current world average gasoline price of USD 1.22 per liter.
The cost of fuel in Namibia has fluctuated in recent years, with prices ranging between NAD 9.59 and NAD 23.00 per liter since 2015. The average price during this period was NAD 14.78 per liter. The price of gasoline in Namibia is determined by various factors, including international prices, the value of the Namibia dollar, and relevant levies. The cost of distributing fuel across the country also varies depending on the distance from the port of Walvis Bay, with prices determined using weighted pricing and equalization principles to ensure that inland areas are not overburdened.
Compared to diesel fuel, the price of gasoline in Namibia is slightly lower. As of June 16, 2025, diesel fuel cost NAD 20.62 per liter or USD 1.16 per liter, marginally higher than the world average diesel price of USD 1.13 per liter.
The fluctuations in fuel prices in Namibia have been significant, with the range of NAD 20 to NAD 25 per liter in the past three to four years, approximately double the typical prices before the Russia-Ukraine war. These price changes impact the cost of transportation and logistics in the country and can have broader economic implications.
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Diesel price: NAD 20.62/litre or USD 1.16/litre
As of the latest update on 16 June 2025, the price of diesel fuel in Namibia is NAD 20.62 per litre or USD 1.16 per litre. This price is slightly higher than the world average diesel price, which stands at USD 1.13 per litre.
Diesel prices in Namibia have fluctuated over the years, with an average price of NAD 14.98 per litre between 7 June 2015 and 16 June 2025. During this period, the minimum price was NAD 9.42 on 7 March 2016, while the maximum price reached NAD 24.10 on 31 October 2022. The Namibian dollar's depreciation can also impact fuel prices, as it increases the cost of imports, and high international prices can affect the country's ability to cushion price shocks.
Fuel prices in Namibia are quoted at Walvis Bay, the starting point for distribution across the country. The cost of distributing fuel varies depending on the distance from this port, and prices for other locations are determined using weighted pricing and equalisation principles to ensure areas further inland are not overburdened.
For comparison, the current gasoline price in Namibia is slightly lower, at NAD 20.37 per litre or USD 1.16 per litre (as of 30 June 2025). Overall, fuel prices in Namibia have ranged between N$20 and N$25 per litre for most of the past three to four years, representing a significant increase from pre-2022 levels.
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Fuel price fluctuations due to international pricing
Fuel prices in Namibia are subject to fluctuations due to their close link with international pricing trends. As oil is traded in US dollars on the global market, the Namibian dollar's depreciation against the US dollar can significantly impact fuel prices in the country. For instance, in November 2024, the depreciation of the Namibian dollar against the US dollar contributed to increased oil prices, particularly for diesel.
The demand for petrol and diesel in international markets also plays a crucial role in determining fuel prices in Namibia. For example, a decrease in petrol demand in China, a major consumer, can lead to a reduction in petrol prices in Namibia. On the other hand, diesel prices in Namibia may experience an increase due to lighter supply from major oil-producing nations, influenced by factors such as sanctions on Russian refined products.
Crude oil prices, influenced by production uncertainties and the decisions of OPEC+ member countries, can also impact Namibian fuel prices. For instance, in March 2024, crude oil prices saw an increase, with the average price of Unleaded Petrol 95 rising by 6.5% and Diesel 50ppm by 4.06% over the previous month. To manage the impact of these fluctuations on Namibian consumers, the Ministry of Mines and Energy (MME) has implemented measures such as raising the National Energy Fund (NEF) levy to cover under-recoveries without adjusting pump prices.
The Namibian government's interventions, such as the NEF levy adjustments, play a crucial role in shielding consumers from immediate price increases and ensuring the ongoing security of the country's fuel supply. By absorbing under-recoveries, the government can prevent direct price hikes for consumers, providing stability in the face of volatile international fuel pricing. However, these interventions also highlight the delicate balance between managing consumer costs and addressing the underlying economic factors influencing fuel prices in the international market.
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Namibia fuel prices: N$20-25/litre post-Russia-Ukraine war
Fuel prices in Namibia have been significantly impacted by the Russia-Ukraine war, with prices per litre doubling since the conflict began. As of June and July 2025, the price of gasoline in Namibia ranged from NAD 20.37 per litre to NAD 20.62 per litre for diesel, translating to approximately USD 1.16 per litre for both fuels. This is slightly lower than the global average gasoline price of USD 1.22 per litre.
The volatility of international oil prices has been challenging for Namibia, with fuel prices fluctuating between N$20 and N$25 per litre in recent years. The Namibian government, through the Ministry of Industries, Mines and Energy, has implemented measures to stabilise fuel prices and shield consumers from sudden international price hikes. The National Energy Fund (NEF) plays a crucial role in this regard, aiming to balance discrepancies between Namibian pump prices and international fuel import costs.
The unique challenge of distributing fuel across Namibia, a vast country, also influences pricing. Pump prices are quoted at Walvis Bay, the coastal starting point for distribution. However, the prices for other locations are determined using weighted pricing and equalisation principles to ensure that areas further inland are not overburdened with significantly higher fuel costs. This pricing strategy takes into account the varying distribution costs based on the distance from the port.
The maximum recorded price for gasoline in Namibia was NAD 23.00 per litre in May 2024, and for diesel, it was NAD 24.10 per litre in October 2022. These peaks in fuel prices highlight the impact of global events and the subsequent efforts by the Namibian government to manage and stabilise fuel costs for its citizens. The NEF's role in cushioning price shocks has been vital in maintaining a degree of stability for Namibian consumers in the face of international market volatility.
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Fuel pricing determined by distance from Walvis Bay
The price of fuel per litre in Namibia is NAD 20.37 or USD 1.16 for gasoline and NAD 20.62 or USD 1.16 for diesel, according to figures from June 2025. However, fuel prices in Namibia are determined by distance from Walvis Bay. The further a destination is from Walvis Bay, the higher the fuel prices tend to be. This is due to the increased transportation costs of delivering fuel to more distant locations.
For example, in August 2022, Mines and Energy Minister Isak Katali announced a petrol price decrease of 29 cents per litre and a diesel price drop of 15 cents per litre at Walvis Bay. Other towns, including Swakopmund, Henties Bay, Sesriem, and Omaruru, also benefited from these reduced prices, but to a slightly lesser extent. In Windhoek, for instance, petrol became 28 cents per litre cheaper, rather than the full 29 cents per litre reduction seen in Walvis Bay.
The difference in fuel prices between Walvis Bay and other towns in Namibia can be attributed to the cost of transporting the fuel. Walvis Bay is a major transportation hub and port city, making it a key entry point for importing goods, including fuel. As a result, fuel prices are typically lower in Walvis Bay compared to other towns and cities in the country.
The variation in fuel prices based on distance from Walvis Bay can also be influenced by other factors, such as local taxes and levies, as well as the costs of operating fuel stations in different regions. Additionally, the type of fuel and its octane rating can impact the price, with higher octane fuels generally being more expensive.
It is worth noting that fuel prices in Namibia can also be influenced by changes in global oil prices and the exchange rate of the Namibian dollar against other currencies. Nonetheless, the distance from Walvis Bay remains a significant factor in determining the price of fuel across the country.
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Frequently asked questions
As of June 2025, the cost of gasoline in Namibia is NAD 20.37 per litre or USD 1.16 per litre. The cost of diesel is slightly higher at NAD 20.62 per litre or USD 1.16 per litre.
The price of fuel in Namibia is influenced by international prices, the value of the Namibian dollar, and relevant levies. The cost of distributing fuel across Namibia also varies depending on the distance from Walvis Bay, the starting point for pump prices.
Yes, for most of the past three to four years, Namibian fuel prices have ranged between N$20 and N$25 per litre. This is approximately double the typical fuel prices before the Russia-Ukraine war.
