Annual inflation, consumer prices in Africa

Africa: Annual inflation, consumer prices was 4.2% in 2024. β–² Rising

Latest (2024)
4.2%
Change on year
down 37.4%
Rank
12th
of 36 groups
All-time high
10.3%
in 2008
All-time low
2.9%
in 2019
Years of data
25
2000–2024

Annual inflation, consumer prices in Africa, 2000–2024

2468102000201220242000: 3.9 %2001: 4.5 %2002: 3.4 %2003: 4.5 %2004: 4 %2005: 5.6 %2006: 6.1 %2007: 6.2 %2008: 10.3 %2009: 4.7 %2010: 4 %2011: 5.1 %2012: 6.4 %2013: 4.7 %2014: 4.4 %2015: 3.8 %2016: 5.3 %2017: 5.2 %2018: 4.3 %2019: 2.9 %2020: 3.3 %2021: 4.4 %2022: 8.8 %2023: 6.7 %2024: 4.2 %

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 12th out of 36 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 9 Nigeria 33.2% compare
  2. 10 Iran (Islamic Republic of) 32.5% compare
  3. 11 Malawi 32.2% compare
  4. 12 Sierra Leone 28.6% compare
  5. 13 Egypt 28.3% compare
  6. 14 Angola 28.2% compare
  7. 15 Haiti 26.9% compare

See the full ranking of 223 places β†’

More development goals data for Africa

All data for Africa β†’

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 12th out of 36 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 Β· JSON β€” 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).

Share, cite or embed this page

Cite this page

Annual inflation, consumer prices in Africa. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 16 August 2026, from https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/africa/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under UN SDG Global Database (open, attribution requested); please keep the attribution.

<a href="https://development-goals.statizoid.com/stat/annual-inflation-consumer-prices-percent/africa/">Annual inflation, consumer prices in Africa</a> β€” Statizoid

About this data

Indicator
Annual inflation, consumer prices (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
223 places, 5,311 data points, 2000–2024
Last refreshed