Inflation across Sub-Saharan Africa has regularly fluctuated since the year 2000. In 2023, it is estimated that inflation had reached 17.58 percent, marking the largest annual change since the 2008 recession; however it is estimated that inflation will fall steadily in the coming years.
Sub-Saharan Africa: Inflation rate from 2000 to 2029
(compared to the previous year)
Characteristic
Inflation rate compared to previous year
2029*
7.61%
2028*
7.63%
2027*
8.05%
2026*
8.36%
2025*
12.26%
2024*
18.08%
2023
17.58%
2022
15.18%
2021
11.55%
2020
11.2%
2019
8.68%
2018
8.26%
2017
10.53%
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5%7.5%10%12.5%15%17.5%20%
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IMF. (October 10, 2024). Sub-Saharan Africa: Inflation rate from 2000 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved May 11, 2025, from https://www.statista.com/statistics/805570/inflation-rate-in-sub-saharan-africa/
IMF. "Sub-Saharan Africa: Inflation rate from 2000 to 2029 (compared to the previous year)." Chart. October 10, 2024. Statista. Accessed May 11, 2025. https://www.statista.com/statistics/805570/inflation-rate-in-sub-saharan-africa/
IMF. (2024). Sub-Saharan Africa: Inflation rate from 2000 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: May 11, 2025. https://www.statista.com/statistics/805570/inflation-rate-in-sub-saharan-africa/
IMF. "Sub-saharan Africa: Inflation Rate from 2000 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 10 Oct 2024, https://www.statista.com/statistics/805570/inflation-rate-in-sub-saharan-africa/
IMF, Sub-Saharan Africa: Inflation rate from 2000 to 2029 (compared to the previous year) Statista, https://www.statista.com/statistics/805570/inflation-rate-in-sub-saharan-africa/ (last visited May 11, 2025)
Sub-Saharan Africa: Inflation rate from 2000 to 2029 (compared to the previous year) [Graph], IMF, October 10, 2024. [Online]. Available: https://www.statista.com/statistics/805570/inflation-rate-in-sub-saharan-africa/
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