Africa Annual Inflation Rate Ranking (2024)
In 2022, annual inflation rate in Africa was highest in Sudan at 138.81%, followed by Zimbabwe at 104.71% and South Sudan at 91.44%. The average annual inflation rate across countries in Africa was 14.67%, the median was 4.30%, and the Seychelles recorded the lowest annual inflation rate at 0.31%, according to the World Bank.
Data is available for the period 1960 to 2024 across 50 countries in Africa.
Frequency : Yearly
| Rank | Country | Current Value ↓ | Previous Value | Year |
|---|---|---|---|---|
| 1 | 138.81% | 359.09% | 2022 | |
| 2 | 104.71% | 98.55% | 2022 | |
| 3 | 91.44% | 2.38% | 2024 | |
| 4 | 33.24% | 24.66% | 2024 | |
| 5 | 32.18% | 28.79% | 2024 | |
| 6 | 28.63% | 47.64% | 2024 | |
| 7 | 28.27% | 33.88% | 2024 | |
| 8 | 28.24% | 13.64% | 2024 | |
| 9 | 22.85% | 38.11% | 2024 | |
| 10 | 21.04% | 30.22% | 2024 | |
| 11 | 20.21% | 26.94% | 2024 | |
| 12 | 14.99% | 10.88% | 2024 | |
| 13 | 14.35% | 21.26% | 2024 | |
| 14 | 11.56% | 16.97% | 2024 | |
| 15 | 10.09% | 7.59% | 2023 | |
| 16 | 9.87% | 8.16% | 2023 | |
| 17 | 9.07% | 3.7% | 2024 | |
| 18 | 8.9% | 10.84% | 2024 | |
| 19 | 8.12% | 7.8% | 2024 | |
| 20 | 7.21% | 9.33% | 2024 | |
| 21 | 6.11% | 6.34% | 2024 | |
| 22 | 4.79% | -0.1% | 2022 | |
| 23 | 4.53% | 7.38% | 2024 | |
| 24 | 4.49% | 7.67% | 2024 | |
| 25 | 4.36% | 6.08% | 2024 | |
| 26 | 4.24% | 5.88% | 2024 | |
| 27 | 4.19% | 0.74% | 2024 | |
| 28 | 4.08% | 7.13% | 2024 | |
| 29 | 4.05% | 9.32% | 2024 | |
| 30 | 3.77% | 7.1% | 2024 | |
| 31 | 3.58% | 7.05% | 2024 | |
| 32 | 3.47% | 4.39% | 2024 | |
| 33 | 3.32% | 5.35% | 2024 | |
| 34 | 3.21% | 2.06% | 2024 | |
| 35 | 3.09% | 4.3% | 2024 | |
| 36 | 3.06% | 3.8% | 2024 | |
| 37 | 2.98% | 5.58% | 2023 | |
| 38 | 2.87% | 5.3% | 2024 | |
| 39 | 2.82% | 5.07% | 2024 | |
| 40 | 2.6% | 4.82% | 2019 | |
| 41 | 2.49% | 4.95% | 2024 | |
| 42 | 2.13% | 2.37% | 2024 | |
| 43 | 2.08% | 1.5% | 2024 | |
| 44 | 1.77% | 19.79% | 2024 | |
| 45 | 1.17% | 3.63% | 2024 | |
| 46 | 1.16% | 2.74% | 2024 | |
| 47 | 1.05% | 3.72% | 2024 | |
| 48 | 0.99% | 6.09% | 2024 | |
| 49 | 0.8% | 5.94% | 2024 | |
| 50 | 0.31% | -1.04% | 2024 |
Africa Annual Inflation Rate Ranking (2024) : Definition
Annual Inflation Rate measures the year-over-year percentage change in the Consumer Price Index for the reporting period, reflecting changes in the cost of a typical basket of consumer goods and services.