Gabon inflation rate for 2024 was 1.17%, a 2.46% decline from 2023.
Gabon inflation rate for 2023 was 3.63%, a 0.6% decline from 2022.
Gabon inflation rate for 2022 was 4.23%, a 3.14% increase from 2021.
Gabon inflation rate for 2021 was 1.09%, a 0.27% decline from 2020.
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.