Zambia Inflation Rate 1986-2022

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.
  • Zambia inflation rate for 2021 was 22.02%, a 6.29% increase from 2020.
  • Zambia inflation rate for 2020 was 15.73%, a 6.58% increase from 2019.
  • Zambia inflation rate for 2019 was 9.15%, a 1.66% increase from 2018.
  • Zambia inflation rate for 2018 was 7.49%, a 0.92% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sudan 382.82%
Zambia 22.02%
Nigeria 16.95%
Kyrgyz Republic 11.91%
Ghana 9.97%
Georgia 9.57%
Pakistan 9.50%
Bhutan 7.35%
Mongolia 7.10%
Sri Lanka 7.01%
Kenya 6.11%
Lesotho 6.05%
Tunisia 5.71%
Bangladesh 5.55%
Egypt 5.55%
India 5.13%
Moldova 5.11%
Nicaragua 4.93%
Papua New Guinea 4.48%
Honduras 4.48%
Philippines 3.93%
Lao PDR 3.76%
El Salvador 3.47%
Kosovo 3.35%
Cambodia 2.92%
Vanuatu 2.34%
Cameroon 2.27%
Cabo Verde 1.86%
Vietnam 1.83%
Republic of Congo 1.72%
Indonesia 1.56%
Morocco 1.40%
West Bank and Gaza 1.24%
Bolivia 0.74%
Solomon Islands -0.12%
Zambia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 22.02% 6.29%
2020 15.73% 6.58%
2019 9.15% 1.66%
2018 7.49% 0.92%
2017 6.58% -11.29%
2016 17.87% 7.76%
2015 10.11% 2.30%
2014 7.81% 0.83%
2013 6.98% 0.40%
2012 6.58% 0.15%
2011 6.43% -2.07%
2010 8.50% -4.89%
2009 13.40% 0.95%
2008 12.45% 1.79%
2007 10.66% 1.64%
2006 9.02% -9.30%
2005 18.32% 0.36%
2004 17.97% -3.43%
2003 21.40% -0.83%
2002 22.23% 0.84%
2001 21.39% -4.64%
2000 26.03% -0.76%
1999 26.79% 2.33%
1998 24.46% 0.04%
1997 24.42% -18.65%
1996 43.07% 8.14%
1995 34.93% -19.67%
1994 54.60% -128.71%
1993 183.31% 17.61%
1992 165.71% 68.06%
1991 97.64% -9.38%
1990 107.02% -16.38%
1989 123.40% 72.40%
1988 51.00% 3.96%
1987 47.05% -8.78%
1986 55.83% -8.78%