Burkina Faso Inflation Rate 1960-2024

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.
  • Burkina Faso inflation rate for 2023 was 0.74%, a 13.55% decline from 2022.
  • Burkina Faso inflation rate for 2022 was 14.29%, a 10.64% increase from 2021.
  • Burkina Faso inflation rate for 2021 was 3.65%, a 1.77% increase from 2020.
  • Burkina Faso inflation rate for 2020 was 1.88%, a 5.12% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sierra Leone 47.64%
Haiti 36.81%
Ethiopia 30.22%
Malawi 28.79%
Burundi 26.94%
Rwanda 19.79%
Gambia 16.97%
Chad 10.84%
Madagascar 9.87%
Guinea 7.81%
Mozambique 7.13%
Nepal 7.11%
Uganda 5.35%
Tanzania 3.80%
Niger 3.70%
Central African Republic 2.98%
Benin 2.73%
South Sudan 2.38%
Mali 2.06%
Burkina Faso 0.74%
Burkina Faso Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 0.74% -13.55%
2022 14.29% 10.64%
2021 3.65% 1.77%
2020 1.88% 5.12%
2019 -3.23% -5.19%
2018 1.96% 0.47%
2017 1.48% 1.04%
2016 0.44% -0.28%
2015 0.72% 0.98%
2014 -0.26% -0.79%
2013 0.53% -3.28%
2012 3.82% 1.06%
2011 2.76% 3.52%
2010 -0.76% -3.37%
2009 2.61% -8.05%
2008 10.66% 10.89%
2007 -0.23% -2.56%
2006 2.33% -4.08%
2005 6.42% 6.82%
2004 -0.40% -2.43%
2003 2.03% -0.14%
2002 2.18% -2.83%
2001 5.01% 5.31%
2000 -0.30% 0.77%
1999 -1.07% -6.16%
1998 5.08% 2.77%
1997 2.32% -3.78%
1996 6.10% -1.36%
1995 7.46% -17.72%
1994 25.18% 24.62%
1993 0.55% 2.54%
1992 -1.99% -4.15%
1991 2.16% 2.67%
1990 -0.50% -0.02%
1989 -0.48% -4.74%
1988 4.26% 6.94%
1987 -2.68% -0.07%
1986 -2.61% -9.52%
1985 6.91% 2.06%
1984 4.85% -3.31%
1983 8.15% -3.91%
1982 12.06% 4.50%
1981 7.56% -4.65%
1980 12.20% -2.79%
1979 14.99% 6.72%
1978 8.27% -21.72%
1977 29.99% 38.39%
1976 -8.40% -27.16%
1975 18.76% 10.04%
1974 8.72% 1.12%
1973 7.60% 10.53%
1972 -2.92% -4.98%
1971 2.06% 0.29%
1970 1.77% -7.88%
1969 9.66% 9.94%
1968 -0.29% 4.05%
1967 -4.33% -6.70%
1966 2.36% 3.09%
1965 -0.73% -2.58%
1964 1.85% -3.73%
1963 5.57% 3.90%
1962 1.68% -16.89%
1961 18.56% 10.77%
1960 7.79% 10.77%