Annual Inflation Rate of African Countries in 1970
Updated on February 12, 2022.

In 1970, Nigeria had the highest annual inflation rate (13.76%) as measured by the consumer prices index, followed by Ethiopia (10.12%), and then Ivory Coast (8.21%). Libya had the lowest annual inflation rate (-5.3%) in Africa in 1970.

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 1970 (%)
Annual inflation rate of african countries for other years:
Table of Annual Inflation Rate of African Countries in 1970
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Country Inflation(%)
Algeria 6.6
Burkina Faso 1.77
Burundi -0.2
Cameroon 5.86
Ivory Coast 8.21
Democratic Republic of the Congo 8.03
Egypt 3.76
Eswatini 1.85
Ethiopia 10.12
Gabon 3.81
Gambia -1.98
Ghana 3.03
Kenya 2.19
Libya -5.3
Madagascar 2.88
Mauritius 1.54
Morocco 1.28
Tanzania 3.49
Togo 4.48
Sudan 4.03
South Africa 4.99
Senegal 2.81
Rwanda 0.52
Niger 1.12
Nigeria 13.76

Inflation of African Countries

Use the links below to see the inflation of African countries.