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Ethiopia Annual Inflation Rate

Ethiopia's annual inflation rate fell to 21.04% in 2024, down from 30.22% in 2023, according to World Bank. This represents a decrease of 9.18% from the previous year. Ethiopia has the 16th highest annual inflation rate. Within Africa, it ranks 10th out of 50 countries.

Yearly Historical Data (1966-2024)

(in %)
Year Annual Inflation Rate (%)
2024 21.04%
2023 30.22%
2022 33.89%
2021 26.84%
2020 20.36%
2019 15.81%
2018 13.83%
2017 10.69%
2016 6.63%
2015 9.57%
2014 6.89%
2013 7.46%
2012 23.6%
2011 33.25%
2010 8.15%
2009 8.48%
2008 44.36%
2007 17.24%
2006 12.3%
2005 9.97%
2004 3.33%
2003 13.67%
2002 0.68%
2001 -8.24%
2000 0.66%
1999 7.94%
1998 0.89%
1997 2.4%
1996 -8.48%
1995 10.02%
1994 7.59%
1993 3.54%
1992 10.53%
1991 35.72%
1990 5.15%
1989 7.82%
1988 7.08%
1987 -2.43%
1986 -9.81%
1985 19.06%
1984 8.42%
1983 -0.68%
1982 5.89%
1981 6.14%
1980 4.48%
1979 16.03%
1978 14.31%
1977 16.66%
1976 28.54%
1975 6.55%
1974 8.59%
1973 8.91%
1972 -6.08%
1971 0.54%
1970 10.12%
1969 1.43%
1968 0.18%
1967 0.81%
1966 -1.36%
Ethiopia Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Ethiopia.
Indicator Last Value Prior Value Period
Inflation Rate 13.2% 13.6% Sep'25
Inflation Rate MoM 2% 1.1% Sep'25