Zambia Inflation Rate 1986-2020

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.
  • 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.
  • Zambia inflation rate for 2017 was 6.58%, a 11.29% decline from 2016.
  • Zambia inflation rate for 2016 was 17.87%, a 7.76% increase 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%
Zambia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%