Benin Inflation Rate 1993-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Benin inflation rate for 2023 was 2.73%, a 1.38% increase from 2022.
- Benin inflation rate for 2022 was 1.35%, a 0.38% decline from 2021.
- Benin inflation rate for 2021 was 1.73%, a 1.29% decline from 2020.
- Benin inflation rate for 2020 was 3.02%, a 2.29% increase from 2019.
| Benin Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
2.73% |
1.38% |
| 2022 |
1.35% |
-0.38% |
| 2021 |
1.73% |
-1.29% |
| 2020 |
3.02% |
2.29% |
| 2019 |
0.73% |
-0.19% |
| 2018 |
0.92% |
0.88% |
| 2017 |
0.04% |
0.84% |
| 2016 |
-0.79% |
-1.01% |
| 2015 |
0.22% |
0.77% |
| 2014 |
-0.55% |
-0.98% |
| 2013 |
0.43% |
-6.32% |
| 2012 |
6.74% |
4.04% |
| 2011 |
2.70% |
0.50% |
| 2010 |
2.21% |
1.31% |
| 2009 |
0.90% |
-7.05% |
| 2008 |
7.95% |
6.65% |
| 2007 |
1.30% |
-2.48% |
| 2006 |
3.78% |
-1.58% |
| 2005 |
5.36% |
4.49% |
| 2004 |
0.87% |
-0.61% |
| 2003 |
1.49% |
-1.00% |
| 2002 |
2.49% |
-1.50% |
| 2001 |
3.98% |
-0.18% |
| 2000 |
4.17% |
3.84% |
| 1999 |
0.33% |
-5.43% |
| 1998 |
5.75% |
2.29% |
| 1997 |
3.47% |
-1.45% |
| 1996 |
4.91% |
-9.55% |
| 1995 |
14.46% |
-24.07% |
| 1994 |
38.53% |
38.09% |
| 1993 |
0.44% |
38.09% |
