Annual Inflation Rate of African Countries in 1971
Updated on May 15, 2023.
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 | -3.10 |
| Madagascar | 5.39 |
| Mauritius | 0.32 |
| Morocco | 4.16 |
| Tanzania | 4.78 |
| Togo | 6.49 |
| Sudan | 1.30 |
| South Africa | 5.96 |
| Senegal | 3.88 |
| Rwanda | 0.49 |
| Niger | 4.19 |
| Nigeria | 16.00 |
| Seychelles | 14.60 |
Inflation of African Countries
Use the links below to see the inflation of African countries.