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West Bank and Gaza Inflation Rate 1960-2024

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.
  • West Bank and Gaza inflation rate for 2022 was 3.74%, a 2.5% increase from 2021.
  • West Bank and Gaza inflation rate for 2021 was 1.24%, a 1.97% increase from 2020.
  • West Bank and Gaza inflation rate for 2020 was -0.74%, a 2.32% decline from 2019.
  • West Bank and Gaza inflation rate for 2019 was 1.58%, a 1.78% increase from 2018.
  
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sudan 138.81%
Sri Lanka 49.72%
Ghana 31.26%
Moldova 28.74%
Lao PDR 22.96%
Ukraine 20.18%
Pakistan 19.87%
Nigeria 18.85%
Sao Tome and Principe 18.01%
Mongolia 15.15%
Kyrgyz Republic 13.92%
Egypt 13.90%
Georgia 11.90%
Kosovo 11.58%
Uzbekistan 11.45%
Zambia 10.99%
Nicaragua 10.47%
Mauritania 9.53%
Honduras 9.09%
Tunisia 8.31%
Lesotho 8.27%
Cabo Verde 7.93%
Bangladesh 7.70%
Kenya 7.66%
El Salvador 7.20%
Vanuatu 7.10%
India 6.70%
Morocco 6.66%
Cameroon 6.25%
Philippines 5.82%
Bhutan 5.64%
Solomon Islands 5.52%
Micronesia 5.41%
Cambodia 5.34%
Papua New Guinea 5.25%
Djibouti 5.18%
Indonesia 4.21%
West Bank and Gaza 3.74%
Vietnam 3.16%
Republic of Congo 3.04%
Bolivia 1.75%
Angola 0.00%
Myanmar 0.00%
Timor-Leste 0.00%
Eswatini 0.00%
Kiribati 0.00%
West Bank and Gaza Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 3.74% 2.50%
2021 1.24% 1.97%
2020 -0.74% -2.32%
2019 1.58% 1.78%
2018 -0.20% -0.41%
2017 0.21% 0.43%
2016 -0.22% -1.65%
2015 1.43% -0.30%
2014 1.73% 0.01%
2013 1.72% -1.05%
2012 2.78% -0.10%
2011 2.88% -0.87%
2010 3.75% 1.00%
2009 2.75% -7.14%
2008 9.89% 8.03%
2007 1.86% -1.98%
2006 3.84% -0.27%
2005 4.11% 1.10%
2004 3.00% -1.40%
2003 4.40% -1.31%
2002 5.71% 4.49%
2001 1.22% -1.58%
2000 2.80% -2.75%
1999 5.54% -0.04%
1998 5.58% -1.51%
1997 7.09% 7.09%
1996 0.00% 0.00%
1995 0.00% 0.00%
1994 0.00% 0.00%
1993 0.00% 0.00%
1992 0.00% 0.00%
1991 0.00% 0.00%
1990 0.00% 0.00%
1989 0.00% 0.00%
1988 0.00% 0.00%
1987 0.00% 0.00%
1986 0.00% 0.00%
1985 0.00% 0.00%
1984 0.00% 0.00%
1983 0.00% 0.00%
1982 0.00% 0.00%
1981 0.00% 0.00%
1980 0.00% 0.00%
1979 0.00% 0.00%
1978 0.00% 0.00%
1977 0.00% 0.00%
1976 0.00% 0.00%
1975 0.00% 0.00%
1974 0.00% 0.00%
1973 0.00% 0.00%
1972 0.00% 0.00%
1971 0.00% 0.00%
1970 0.00% 0.00%
1969 0.00% 0.00%
1968 0.00% 0.00%
1967 0.00% 0.00%
1966 0.00% 0.00%
1965 0.00% 0.00%
1964 0.00% 0.00%
1963 0.00% 0.00%
1962 0.00% 0.00%
1961 0.00% 0.00%
1960 0.00% 0.00%