Mozambique Inflation Rate 2005-2024

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.
  • Mozambique inflation rate for 2023 was 7.13%, a 3.15% decline from 2022.
  • Mozambique inflation rate for 2022 was 10.28%, a 3.87% increase from 2021.
  • Mozambique inflation rate for 2021 was 6.41%, a 2.92% increase from 2020.
  • Mozambique inflation rate for 2020 was 3.48%, a 0.68% 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%
Mozambique Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 7.13% -3.15%
2022 10.28% 3.87%
2021 6.41% 2.92%
2020 3.48% 0.68%
2019 2.80% -1.11%
2018 3.91% -11.20%
2017 15.11% -2.30%
2016 17.42% 13.87%
2015 3.55% 0.99%
2014 2.56% -1.70%
2013 4.26% 1.66%
2012 2.60% -8.56%
2011 11.17% -1.26%
2010 12.43% 8.64%
2009 3.79% -10.71%
2008 14.50% 6.01%
2007 8.49% -4.76%
2006 13.25% 6.82%
2005 6.43% 6.82%