Africa Annual Inflation Rate By Country in 1971
According to data from the World Bank, in 1971, Nigeria had the highest annual inflation rate (16%) as measured by the consumer prices index, followed by Seychelles (14.6%), and Ghana (9.56%). On the other hand, Libya had the lowest annual inflation rate (-3.1%) in Africa in 1971.
Use the chart and table below to see the annual inflation rate for each country in 1971.
You can also see links below for the trend of inflation for African countries.
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".
| Country | Inflation Rate (%) |
|---|---|
| Algeria | 2.63 |
| Burkina Faso | 2.06 |
| Burundi | 3.85 |
| Cameroon | 4.01 |
| Ivory Coast | -0.44 |
| Democratic Republic of the Congo | 5.78 |
| Egypt | 3.14 |
| Eswatini | 2.32 |
| Ethiopia | 0.54 |
| Gabon | 3.86 |
| Gambia | 3.06 |
| Ghana | 9.56 |
| Kenya | 3.78 |
| Libya | -3.1 |
| Madagascar | 5.39 |
| Mauritius | 0.32 |
| Morocco | 4.16 |
| Tanzania | 4.78 |
| Togo | 6.49 |
| Sudan | 1.3 |
| South Africa | 5.96 |
| Senegal | 3.88 |
| Rwanda | 0.49 |
| Niger | 4.19 |
| Nigeria | 16 |
| Seychelles | 14.6 |
Inflation of African Countries
Use the links below to see the inflation of African countries.
