Liberia Inflation Rate 2002-2020

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.
  • Liberia inflation rate for 2018 was 23.56%, a 11.14% increase from 2017.
  • Liberia inflation rate for 2017 was 12.42%, a 3.59% increase from 2016.
  • Liberia inflation rate for 2016 was 8.83%, a 1.09% increase from 2015.
  • Liberia inflation rate for 2015 was 7.75%, a 2.11% decline from 2014.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Liberia 23.56%
Sierra Leone 16.03%
Ethiopia 13.83%
Haiti 12.48%
Malawi 12.42%
Guinea 9.83%
Madagascar 8.60%
Gambia 6.52%
Chad 4.27%
Nepal 4.06%
Mozambique 3.91%
Tanzania 3.49%
Niger 2.97%
Uganda 2.62%
Burkina Faso 1.96%
Togo 0.93%
Benin 0.85%
Afghanistan 0.63%
Senegal 0.46%
Mali 0.30%
Rwanda -0.31%
Burundi -2.81%
Liberia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2018 23.56% 11.14%
2017 12.42% 3.59%
2016 8.83% 1.09%
2015 7.75% -2.11%
2014 9.86% 2.28%
2013 7.58% 0.75%
2012 6.83% -1.66%
2011 8.49% 1.20%
2010 7.29% -0.14%
2009 7.43% -10.06%
2008 17.49% 6.10%
2007 11.39% 4.05%
2006 7.34% -3.49%
2005 10.83% 3.01%
2004 7.83% -2.50%
2003 10.33% -3.83%
2002 14.16% -3.83%