Sub-Saharan Africa Inflation Rate

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GDP GDP Growth Rate GDP Per Capita Debt to GDP Inflation Rate Manufacturing GNI GNI Per Capita GNP

Sub-Saharan Africa inflation rate for 2023 was 6.34%, a 3.05% decline from 2022.

Sub-Saharan Africa inflation rate for 2022 was 9.39%, a 4.78% increase from 2021.
Sub-Saharan Africa inflation rate for 2021 was 4.62%, a 1.13% increase from 2020.
Sub-Saharan Africa inflation rate for 2020 was 3.48%, a 0.65% increase from 2019.

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.