West Bank and Gaza Inflation Rate 1997-2021

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.
  • West Bank and Gaza inflation rate for 2020 was -0.74%, a 2.32% decline from 2019.
  • 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Zambia 15.73%
Ghana 9.95%
Pakistan 9.74%
India 6.62%
Kyrgyz Republic 6.33%
Sri Lanka 6.15%
Bangladesh 5.69%
Tunisia 5.63%
Bhutan 5.63%
Kenya 5.40%
Georgia 5.20%
Lao PDR 5.13%
Egypt 5.04%
Lesotho 4.98%
Moldova 3.77%
Mongolia 3.69%
Nicaragua 3.68%
Honduras 3.47%
Vietnam 3.22%
Solomon Islands 2.96%
Ukraine 2.73%
Philippines 2.64%
Cameroon 2.44%
Mauritania 2.39%
Bolivia 0.94%
Morocco 0.71%
Cabo Verde 0.61%
Kosovo 0.20%
El Salvador -0.37%
West Bank and Gaza -0.74%
West Bank and Gaza Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2020 -0.74% -2.32%
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%