Annual Inflation Rate of African Countries in 1970
Updated on May 15, 2023.
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 | 6.60 |
| Burkina Faso | 1.77 |
| Burundi | -0.20 |
| 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 | -5.30 |
| 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.