Africa Annual Inflation Rate By Country in 2023
According to data from the World Bank, in 2023, Sierra Leone had the highest annual inflation rate (47.64%) as measured by the consumer prices index, followed by Ghana (38.11%), and Egypt (33.89%). On the other hand, Seychelles had the lowest annual inflation rate (-1.03%) in Africa in 2023.
Use the chart and table below to see the annual inflation rate for each country in 2023.
You can also see links below for the trend of inflation for African countries.
The World Bank defines inflation measured by the consumer price index as "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".
| Country | Inflation Rate (%) |
|---|---|
| Algeria | 9.32 |
| Angola | 13.64 |
| Benin | 2.74 |
| Botswana | 5.07 |
| Burkina Faso | 0.74 |
| Burundi | 26.94 |
| Cape Verde | 3.72 |
| Cameroon | 7.38 |
| Republic of Congo | 4.3 |
| Ivory Coast | 4.37 |
| Djibouti | 1.5 |
| Central African Republic | 2.98 |
| Chad | 10.84 |
| Egypt | 33.89 |
| Equatorial Guinea | 2.86 |
| Ethiopia | 30.22 |
| Gabon | 3.63 |
| Gambia | 16.97 |
| Ghana | 38.11 |
| Guinea | 7.81 |
| Guinea-Bissau | 7.1 |
| Kenya | 7.67 |
| Lesotho | 6.34 |
| Liberia | 10.09 |
| Libya | 2.37 |
| Madagascar | 9.87 |
| Malawi | 28.79 |
| Mali | 2.06 |
| Mauritania | 4.95 |
| Mauritius | 7.05 |
| Morocco | 6.09 |
| Mozambique | 7.13 |
| Zambia | 10.89 |
| Tanzania | 3.8 |
| Uganda | 5.35 |
| Tunisia | 9.33 |
| Togo | 5.49 |
| South Africa | 6.08 |
| South Sudan | 2.38 |
| Sierra Leone | 47.64 |
| Senegal | 5.94 |
| Rwanda | 19.79 |
| Niger | 3.7 |
| Nigeria | 24.66 |
| Namibia | 5.88 |
| Comoros | 8.37 |
| Sao Tome and Principe | 21.26 |
| Seychelles | -1.03 |
Inflation of African Countries
Use the links below to see the inflation of African countries.
