Benin Inflation Rate 1993-2021

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.
  • Benin inflation rate for 2020 was 3.02%, a 3.73% increase from 2019.
  • Benin inflation rate for 2019 was -0.71%, a 1.35% decline from 2018.
  • Benin inflation rate for 2018 was 0.64%, a 1.12% decline from 2017.
  • Benin inflation rate for 2017 was 1.77%, a 2.56% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
South Sudan 29.68%
Haiti 22.80%
Sierra Leone 13.45%
Guinea 10.60%
Malawi 8.63%
Burundi 7.32%
Gambia 5.93%
Nepal 5.05%
Madagascar 4.20%
Uganda 3.79%
Tanzania 3.29%
Benin 3.02%
Senegal 2.55%
Central African Republic 2.30%
Burkina Faso 1.88%
Togo 1.83%
Mali 0.44%
Benin Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2020 3.02% 3.73%
2019 -0.71% -1.35%
2018 0.64% -1.12%
2017 1.77% 2.56%
2016 -0.79% -1.01%
2015 0.22% 0.77%
2014 -0.55% -0.98%
2013 0.43% -6.32%
2012 6.74% 4.04%
2011 2.70% 0.50%
2010 2.21% 1.31%
2009 0.90% -7.05%
2008 7.95% 6.65%
2007 1.30% -2.48%
2006 3.78% -1.58%
2005 5.36% 4.49%
2004 0.87% -0.61%
2003 1.49% -1.00%
2002 2.49% -1.50%
2001 3.98% -0.18%
2000 4.17% 3.84%
1999 0.33% -5.43%
1998 5.75% 2.29%
1997 3.47% -1.45%
1996 4.91% -9.55%
1995 14.46% -24.07%
1994 38.53% 38.09%
1993 0.44% 38.09%