Burkina Faso Inflation Rate (1960-2024)

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GDP GDP Growth Rate GDP Per Capita Debt to GDP Inflation Rate Manufacturing GNI GNI Per Capita GNP

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.