Annual Inflation Rate of African Countries in 1971
Updated on February 12, 2022.

In 1971, Nigeria had the highest annual inflation rate (16%) as measured by the consumer prices index, followed by Seychelles (14.6%), and then Ghana (9.56%). Libya had the lowest annual inflation rate (-3.1%) in Africa in 1971.

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 1971 (%)
Annual inflation rate of african countries for other years:
Table of Annual Inflation Rate of African Countries in 1971
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Country Inflation(%)
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.