Burkina Faso Inflation Rate (1960-2024)

Burkina Faso inflation rate for 2024 was 4.19%, a 3.45% increase from 2023.
  • Burkina Faso inflation rate for 2023 was 0.74%, a 13.55% decline from 2022.
  • Burkina Faso inflation rate for 2022 was 14.29%, a 10.64% increase from 2021.
  • Burkina Faso inflation rate for 2021 was 3.65%, a 1.77% increase from 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.