West Bank and Gaza Inflation Rate 1997-2020

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.
  • West Bank and Gaza inflation rate for 2019 was 1.58%, a 1.78% increase from 2018.
  • West Bank and Gaza inflation rate for 2018 was -0.20%, a 0.41% decline from 2017.
  • West Bank and Gaza inflation rate for 2017 was 0.21%, a 0.43% increase from 2016.
  • West Bank and Gaza inflation rate for 2016 was -0.22%, a 1.65% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sudan 50.99%
Angola 17.15%
Nigeria 11.40%
Pakistan 10.58%
Zambia 9.15%
Myanmar 8.83%
Ukraine 7.89%
India 7.66%
Mongolia 7.30%
Ghana 7.18%
Tunisia 6.72%
Bangladesh 5.59%
Nicaragua 5.38%
Lesotho 5.19%
Georgia 4.85%
Moldova 4.84%
Honduras 4.37%
Papua New Guinea 3.64%
Sri Lanka 3.53%
Lao PDR 3.32%
Djibouti 3.32%
Indonesia 3.03%
Vietnam 2.80%
Vanuatu 2.76%
Bhutan 2.73%
Kosovo 2.68%
Philippines 2.48%
Cameroon 2.45%
Mauritania 2.30%
Congo, Rep. 2.21%
Bolivia 1.84%
Solomon Islands 1.63%
West Bank and Gaza 1.58%
Kyrgyz Republic 1.13%
Cabo Verde 1.11%
Morocco 0.20%
El Salvador 0.08%
West Bank and Gaza Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2019 1.58% 1.78%
2018 -0.20% -0.41%
2017 0.21% 0.43%
2016 -0.22% -1.65%
2015 1.43% -0.30%
2014 1.73% 0.01%
2013 1.72% -1.05%
2012 2.78% -0.10%
2011 2.88% -0.87%
2010 3.75% 1.00%
2009 2.75% -7.14%
2008 9.89% 8.03%
2007 1.86% -1.98%
2006 3.84% -0.27%
2005 4.11% 1.10%
2004 3.00% -1.40%
2003 4.40% -1.31%
2002 5.71% 4.49%
2001 1.22% -1.58%
2000 2.80% -2.75%
1999 5.54% -0.04%
1998 5.58% -1.51%
1997 7.09% -1.51%