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Burkina Faso Annual Inflation Rate

Burkina Faso's annual inflation rate rose to 4.19% in 2024, up from 0.74% in 2023, according to World Bank. This represents an increase of 3.45% from the previous year. Burkina Faso has annual inflation rate higher than the global median (4.19% vs median 3.16%). Compared with the median in Africa, Burkina Faso is lower (4.19% vs regional median 4.30%) and ranks 27th out of 50 countries in Africa.

Yearly Historical Data (1960-2024)

(in %)
Year Annual Inflation Rate (%)
2024 4.19%
2023 0.74%
2022 14.29%
2021 3.65%
2020 1.88%
2019 -3.23%
2018 1.96%
2017 1.48%
2016 0.44%
2015 0.72%
2014 -0.26%
2013 0.53%
2012 3.82%
2011 2.76%
2010 -0.76%
2009 2.61%
2008 10.66%
2007 -0.23%
2006 2.33%
2005 6.42%
2004 -0.4%
2003 2.03%
2002 2.18%
2001 5.01%
2000 -0.3%
1999 -1.07%
1998 5.08%
1997 2.32%
1996 6.1%
1995 7.46%
1994 25.18%
1993 0.55%
1992 -1.99%
1991 2.16%
1990 -0.5%
1989 -0.48%
1988 4.26%
1987 -2.68%
1986 -2.61%
1985 6.91%
1984 4.85%
1983 8.15%
1982 12.06%
1981 7.56%
1980 12.2%
1979 14.99%
1978 8.27%
1977 29.99%
1976 -8.4%
1975 18.76%
1974 8.72%
1973 7.6%
1972 -2.92%
1971 2.06%
1970 1.77%
1969 9.66%
1968 -0.29%
1967 -4.33%
1966 2.36%
1965 -0.73%
1964 1.85%
1963 5.57%
1962 1.68%
1961 18.56%
1960 7.79%
Burkina Faso Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Burkina Faso.