Ethiopia Inflation Rate 1966-2024
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.
- Ethiopia inflation rate for 2023 was 30.22%, a 3.67% decline from 2022.
- Ethiopia inflation rate for 2022 was 33.89%, a 7.05% increase from 2021.
- Ethiopia inflation rate for 2021 was 26.84%, a 6.48% increase from 2020.
- Ethiopia inflation rate for 2020 was 20.36%, a 4.55% increase from 2019.
| Ethiopia Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
30.22% |
-3.67% |
| 2022 |
33.89% |
7.05% |
| 2021 |
26.84% |
6.48% |
| 2020 |
20.36% |
4.55% |
| 2019 |
15.81% |
1.98% |
| 2018 |
13.83% |
3.15% |
| 2017 |
10.69% |
4.06% |
| 2016 |
6.63% |
-2.94% |
| 2015 |
9.57% |
2.68% |
| 2014 |
6.89% |
-0.57% |
| 2013 |
7.46% |
-16.14% |
| 2012 |
23.60% |
-9.65% |
| 2011 |
33.25% |
25.10% |
| 2010 |
8.15% |
-0.33% |
| 2009 |
8.48% |
-35.87% |
| 2008 |
44.36% |
27.12% |
| 2007 |
17.24% |
4.94% |
| 2006 |
12.30% |
2.33% |
| 2005 |
9.97% |
6.64% |
| 2004 |
3.33% |
-10.35% |
| 2003 |
13.67% |
13.00% |
| 2002 |
0.68% |
8.91% |
| 2001 |
-8.24% |
-8.90% |
| 2000 |
0.66% |
-7.28% |
| 1999 |
7.94% |
7.05% |
| 1998 |
0.89% |
-1.50% |
| 1997 |
2.40% |
10.88% |
| 1996 |
-8.48% |
-18.51% |
| 1995 |
10.02% |
2.43% |
| 1994 |
7.59% |
4.05% |
| 1993 |
3.54% |
-6.98% |
| 1992 |
10.53% |
-25.20% |
| 1991 |
35.72% |
30.57% |
| 1990 |
5.15% |
-2.66% |
| 1989 |
7.82% |
0.74% |
| 1988 |
7.08% |
9.51% |
| 1987 |
-2.43% |
7.38% |
| 1986 |
-9.81% |
-28.87% |
| 1985 |
19.06% |
10.65% |
| 1984 |
8.42% |
9.09% |
| 1983 |
-0.68% |
-6.57% |
| 1982 |
5.89% |
-0.25% |
| 1981 |
6.14% |
1.65% |
| 1980 |
4.48% |
-11.55% |
| 1979 |
16.03% |
1.72% |
| 1978 |
14.31% |
-2.35% |
| 1977 |
16.66% |
-11.88% |
| 1976 |
28.54% |
21.99% |
| 1975 |
6.55% |
-2.04% |
| 1974 |
8.59% |
-0.32% |
| 1973 |
8.91% |
15.00% |
| 1972 |
-6.08% |
-6.62% |
| 1971 |
0.54% |
-9.59% |
| 1970 |
10.12% |
8.70% |
| 1969 |
1.43% |
1.24% |
| 1968 |
0.18% |
-0.63% |
| 1967 |
0.81% |
2.17% |
| 1966 |
-1.36% |
2.17% |
