Sub-Saharan Africa Inflation Rate 1975-2023

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.
  • Sub-Saharan Africa inflation rate for 2021 was 5.33%, a 1.54% increase from 2020.
  • Sub-Saharan Africa inflation rate for 2020 was 3.79%, a 1.02% increase from 2019.
  • Sub-Saharan Africa inflation rate for 2019 was 2.78%, a 1.32% decline from 2018.
  • Sub-Saharan Africa inflation rate for 2018 was 4.09%, a 1.16% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
South Asia 5.55%
Sub-Saharan Africa 5.33%
Latin America & Caribbean 4.26%
North America 4.05%
World 3.42%
OECD members 2.82%
European Union 2.55%
Euro Area 2.45%
East Asia & Pacific 2.41%
Sub-Saharan Africa Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 5.33% 1.54%
2020 3.79% 1.02%
2019 2.78% -1.32%
2018 4.09% -1.16%
2017 5.25% -0.18%
2016 5.43% 1.88%
2015 3.55% -0.85%
2014 4.40% -0.48%
2013 4.88% -1.70%
2012 6.58% 1.22%
2011 5.37% 1.33%
2010 4.03% -3.18%
2009 7.22% -3.16%
2008 10.38% 3.59%
2007 6.79% 0.25%
2006 6.54% 0.11%
2005 6.43% 2.29%
2004 4.14% -1.54%
2003 5.68% 0.97%
2002 4.71% -0.44%
2001 5.15% 0.65%
2000 4.50% 0.14%
1999 4.36% -2.08%
1998 6.44% -1.21%
1997 7.65% 0.46%
1996 7.19% -4.23%
1995 11.43% -16.02%
1994 27.45% 17.92%
1993 9.52% 0.04%
1992 9.49% 0.55%
1991 8.93% 1.39%
1990 7.54% -0.50%
1989 8.05% -0.31%
1988 8.35% 0.72%
1987 7.63% 0.77%
1986 6.86% -2.55%
1985 9.41% -1.71%
1984 11.12% -0.37%
1983 11.48% -0.62%
1982 12.10% -0.19%
1981 12.29% -1.31%
1980 13.60% -0.07%
1979 13.67% 2.22%
1978 11.46% -3.43%
1977 14.89% 3.35%
1976 11.54% -6.77%
1975 18.31% -6.77%