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".
|Democratic Republic of the Congo||8.03|
Inflation of African Countries
Use the links below to see the inflation of African countries.