Annual inflation, consumer prices in Africa
Africa: Annual inflation, consumer prices was 4.2% in 2024. ▲ Rising
Annual inflation, consumer prices in Africa, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
In 2024, annual inflation, consumer prices in Africa stood at 4.2%.
That represents a change of down 37.4% on the previous year and down 3.8% over ten years.
Over the whole period, annual inflation, consumer prices in Africa peaked at 10.3% in 2008 and was at its lowest, 2.9%, in 2019.
That places Africa 11th out of 33 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Annual inflation, consumer prices in Africa, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 3.9% | — |
| 2001 | 4.5% | +15.2% |
| 2002 | 3.4% | -24.0% |
| 2003 | 4.5% | +31.9% |
| 2004 | 4.0% | -12.1% |
| 2005 | 5.6% | +42.1% |
| 2006 | 6.1% | +7.8% |
| 2007 | 6.2% | +2.3% |
| 2008 | 10.3% | +66.2% |
| 2009 | 4.7% | -54.6% |
| 2010 | 4.0% | -15.7% |
| 2011 | 5.1% | +27.9% |
| 2012 | 6.4% | +27.4% |
| 2013 | 4.7% | -26.3% |
| 2014 | 4.4% | -8.3% |
| 2015 | 3.8% | -12.9% |
| 2016 | 5.3% | +39.7% |
| 2017 | 5.2% | -1.8% |
| 2018 | 4.3% | -18.0% |
| 2019 | 2.9% | -32.8% |
| 2020 | 3.3% | +15.1% |
| 2021 | 4.4% | +34.4% |
| 2022 | 8.8% | +97.9% |
| 2023 | 6.7% | -23.8% |
| 2024 | 4.2% | -37.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.3% | 3.4% | 10.3% | 10 |
| 2010s | 4.6% | 2.9% | 6.4% | 10 |
| 2020s | 5.5% | 3.3% | 8.8% | 5 |
Countries ranked near Africa
- 8 State of Palestine 53.7% compare
- 9 Lebanon 45.2% compare
- 10 Nigeria 33.2% compare
- 11 Iran (Islamic Republic of) 32.5% compare
- 12 Malawi 32.2% compare
- 13 Sierra Leone 28.6% compare
- 14 Egypt 28.3% compare
More development goals data for Africa
- Number of refugees per 100,000 population, by country of origin 679.3 per 100,000 people (2025)
- Manufacturing value added per capita 212.63 constant US$ (2025)
- Number of transboundary breeds 386 (2025)
- Number of transboundary breeds (not extinct) 374 (2025)
- Number of transboundary breeds with unknown risk status 237 (2025)
- Number of local breeds with unknown risk status 779 (2025)
- Number of local breeds (not extinct) 979 (2025)
- Number of local breeds kept in the country 1,004 (2025)
- Alcohol consumption per capita (aged 15 years and older) within a 2.44 ltpureal (2024)
- Children moderately or severely stunted 64,821 num th (2024)
Frequently asked questions
- What is annual inflation, consumer prices in Africa?
- Annual inflation, consumer prices in Africa was 4.2% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual inflation, consumer prices recorded in Africa?
- The highest recorded value was 10.3% in 2008.
- What is the lowest annual inflation, consumer prices recorded in Africa?
- The lowest recorded value was 2.9% in 2019.
- How does Africa rank for annual inflation, consumer prices?
- Africa ranks 11th out of 33 groups with data for 2024.
- Is annual inflation, consumer prices rising or falling in Africa?
- Over the last ten years it is down 3.8%. The long-run trend across the full record is rising.
- Where does this Africa data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual inflation, consumer prices (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).