Sub-Saharan Africa Inflation Rate 1975-2024
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.
- Sub-Saharan Africa inflation rate for 2023 was 7.05%, a 2.41% decline from 2022.
- Sub-Saharan Africa inflation rate for 2022 was 9.46%, a 5.02% increase from 2021.
- Sub-Saharan Africa inflation rate for 2021 was 4.44%, a 1.04% increase from 2020.
- Sub-Saharan Africa inflation rate for 2020 was 3.40%, a 0.6% increase from 2019.
| Sub-Saharan Africa Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
7.05% |
-2.41% |
| 2022 |
9.46% |
5.02% |
| 2021 |
4.44% |
1.04% |
| 2020 |
3.40% |
0.60% |
| 2019 |
2.80% |
-1.29% |
| 2018 |
4.09% |
-1.10% |
| 2017 |
5.20% |
-0.23% |
| 2016 |
5.43% |
1.88% |
| 2015 |
3.55% |
-0.85% |
| 2014 |
4.40% |
-0.48% |
| 2013 |
4.89% |
-1.70% |
| 2012 |
6.58% |
1.22% |
| 2011 |
5.37% |
1.33% |
| 2010 |
4.03% |
-0.97% |
| 2009 |
5.01% |
-5.37% |
| 2008 |
10.38% |
3.59% |
| 2007 |
6.79% |
0.25% |
| 2006 |
6.54% |
0.11% |
| 2005 |
6.43% |
2.29% |
| 2004 |
4.14% |
-1.54% |
| 2003 |
5.68% |
0.97% |
| 2002 |
4.71% |
-0.44% |
| 2001 |
5.15% |
0.65% |
| 2000 |
4.50% |
0.14% |
| 1999 |
4.36% |
-2.08% |
| 1998 |
6.44% |
-1.21% |
| 1997 |
7.65% |
0.46% |
| 1996 |
7.19% |
-4.23% |
| 1995 |
11.43% |
-16.02% |
| 1994 |
27.45% |
17.92% |
| 1993 |
9.52% |
0.04% |
| 1992 |
9.49% |
0.55% |
| 1991 |
8.93% |
1.39% |
| 1990 |
7.54% |
-0.50% |
| 1989 |
8.05% |
-0.31% |
| 1988 |
8.35% |
0.72% |
| 1987 |
7.63% |
0.77% |
| 1986 |
6.86% |
-2.55% |
| 1985 |
9.41% |
-1.71% |
| 1984 |
11.12% |
-0.37% |
| 1983 |
11.48% |
-0.62% |
| 1982 |
12.10% |
-0.19% |
| 1981 |
12.29% |
-1.31% |
| 1980 |
13.60% |
-0.07% |
| 1979 |
13.67% |
2.22% |
| 1978 |
11.46% |
-3.43% |
| 1977 |
14.89% |
3.35% |
| 1976 |
11.54% |
-6.77% |
| 1975 |
18.31% |
-6.77% |
