Annual Inflation Rate of African Countries in 1962
Updated on May 15, 2023.
In 1962, Nigeria had the highest annual inflation rate (5.27%) as measured by the consumer prices index, followed by Morocco (5.1%), and then Kenya (3.12%). Egypt had the lowest annual inflation rate (-3%) in Africa in 1962.
The World Bank defines inflation measured by the consumer price index as "the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly".
Data Source: World Bank.
Annual Inflation Rate of African Countries in 1962 (%)
Annual inflation rate of african countries for other years:
Table of Annual Inflation Rate of African Countries in 1962
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| Country | Inflation(%) |
|---|---|
| Burkina Faso | 1.68 |
| Ivory Coast | -1.34 |
| Egypt | -3.00 |
| Gambia | 1.79 |
| Kenya | 3.12 |
| Morocco | 5.10 |
| Sudan | 1.66 |
| South Africa | 1.25 |
| Nigeria | 5.27 |
Inflation of African Countries
Use the links below to see the inflation of African countries.