Annual Inflation Rate of African Countries in 1978
Updated on May 15, 2023.

In 1978, Ghana had the highest annual inflation rate (73.09%) as measured by the consumer prices index, followed by Democratic Republic of the Congo (48.77%), and then Libya (29.38%). Togo had the lowest annual inflation rate (0.44%) in Africa in 1978.

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 1978 (%)
Annual inflation rate of african countries for other years:
Table of Annual Inflation Rate of African Countries in 1978
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Country Inflation(%)
Algeria 17.52
Botswana 9.04
Burkina Faso 8.27
Burundi 23.90
Cameroon 12.46
Ivory Coast 13.24
Democratic Republic of the Congo 48.77
Egypt 11.08
Eswatini 8.52
Ethiopia 14.31
Gabon 10.76
Gambia 8.86
Ghana 73.09
Kenya 16.93
Lesotho 13.48
Libya 29.38
Madagascar 6.53
Mauritius 8.55
Morocco 9.72
Tanzania 6.58
Togo 0.44
Sudan 19.23
South Africa 11.14
Senegal 3.42
Rwanda 13.27
Niger 10.09
Nigeria 21.71
Seychelles 11.78

Inflation of African Countries

Use the links below to see the inflation of African countries.