Benin Inflation Rate 1993-2020

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.
  • Benin inflation rate for 2019 was -0.92%, a 1.76% decline from 2018.
  • Benin inflation rate for 2018 was 0.85%, a 0.92% decline from 2017.
  • Benin inflation rate for 2017 was 1.77%, a 2.56% increase from 2016.
  • Benin inflation rate for 2016 was -0.79%, a 1.01% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Ethiopia 15.81%
Sierra Leone 14.80%
Guinea 9.47%
Malawi 9.37%
Gambia 7.12%
Madagascar 5.63%
Nepal 5.57%
Tanzania 3.46%
Rwanda 3.35%
Uganda 2.87%
Mozambique 2.78%
Afghanistan 2.30%
Senegal 1.76%
Togo 0.67%
Burundi -0.69%
Benin -0.92%
Chad -0.97%
Mali -1.66%
Niger -2.49%
Burkina Faso -3.23%
Benin Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2019 -0.92% -1.76%
2018 0.85% -0.92%
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%