Ethiopia inflation rate for 2023 was 30.22%, a 3.67% decline from 2022.
Ethiopia inflation rate for 2022 was 33.89%, a 7.05% increase from 2021.
Ethiopia inflation rate for 2021 was 26.84%, a 6.48% increase from 2020.
Ethiopia inflation rate for 2020 was 20.36%, a 4.55% increase from 2019.
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. The full historical dataset is available for download here: Ethiopia Inflation Rate Datasets (CSV).