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".
|Democratic Republic of the Congo||5.78|
Inflation of African Countries
Use the links below to see the inflation of African countries.