Annual Inflation Rate of African Countries in 2003
Updated on May 15, 2023.
In 2003, Angola had the highest annual inflation rate (98.22%) as measured by the consumer prices index, followed by Ghana (29.77%), and then Zambia (21.40%). Guinea-Bissau had the lowest annual inflation rate (-3.50%) in Africa in 2003.
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 2003 (%)
Annual inflation rate of african countries for other years:
Table of Annual Inflation Rate of African Countries in 2003
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| Country | Inflation(%) |
|---|---|
| Algeria | 4.27 |
| Angola | 98.22 |
| Benin | 1.49 |
| Botswana | 9.19 |
| Burkina Faso | 2.04 |
| Burundi | 10.65 |
| Cape Verde | 1.19 |
| Cameroon | 0.62 |
| Republic of Congo | -0.63 |
| Ivory Coast | 3.30 |
| Democratic Republic of the Congo | 12.87 |
| Djibouti | 1.98 |
| Central African Republic | 4.14 |
| Chad | -1.75 |
| Egypt | 4.51 |
| Equatorial Guinea | 7.32 |
| Eswatini | 7.29 |
| Ethiopia | 13.67 |
| Gabon | 2.24 |
| Gambia | 17.03 |
| Ghana | 29.77 |
| Guinea-Bissau | -3.50 |
| Kenya | 9.82 |
| Lesotho | 6.63 |
| Liberia | 10.33 |
| Libya | -2.19 |
| Madagascar | -1.70 |
| Malawi | 9.58 |
| Mali | -1.35 |
| Mauritania | 5.15 |
| Mauritius | 3.92 |
| Morocco | 1.17 |
| Zambia | 21.40 |
| Tanzania | 5.30 |
| Uganda | 8.68 |
| Tunisia | 2.71 |
| Togo | -0.93 |
| Sudan | 6.49 |
| South Africa | 5.68 |
| Senegal | -0.05 |
| Rwanda | 7.45 |
| Niger | -1.61 |
| Nigeria | 14.03 |
| Namibia | 7.14 |
| Comoros | 3.80 |
| Sao Tome and Principe | 9.79 |
| Seychelles | 3.30 |
Inflation of African Countries
Use the links below to see the inflation of African countries.