Burkina Faso - Inflation, consumer prices (annual %)
1960 - 2022

Burkina Faso's inflation, consumer prices (annual %) is currently 14.29%, according to the most recent World Bank data for the country (2022).

Definition

The consumer price index gauges inflation by indicating the yearly percentage shift in the expenses for an average consumer to procure a collection of goods and services, which could either remain constant or alter at specified periods like annually; typically employing the Laspeyres formula.

  • Burkina Faso's inflation, consumer prices (annual %) for 2022 was 14.29%, a 291.13% increase from 2021, with a +10 difference.
  • In 2021 it was 3.654%, a 93.88% increase from 2020, with a +1 difference.
  • In 2020 it was 1.884%, a 158.28% increase from 2019.
  • In 2019 it was -3.233%, a -265.31% increase from 2018.
  • In 2018 it was 1.956%, a 31.89% increase from 2017.
Measure: Percent

Average, Lowest, and Highest Recorded Values

The average inflation, consumer prices (annual %), value for Burkina Faso is currently 4.3815% (average of years with recorded data) with a lowest recorded value of -8.4007% in 1976 and a highest value of 29.9861% in 1977.

14.29%
Recent Data (2022)
3.654%
2021 Data
1.884%
2020 Data
14.29%
Most Recent Data (2022)
3.654%
2021 Data
All Time Burkina Faso Inflation, consumer prices (annual %) Data
Burkina Faso's Inflation, consumer prices (annual %) - Historical Data
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Comparison with Countries in the Sub-Saharan Africa Region.

Among countries in the same World Bank Sub-Saharan Africa (SSA) region, Burkina Faso comes in 13th with 14.29% inflation, consumer prices (annual %).

Inflation, consumer prices (annual %), Top 10 Countries in the Sub-Saharan Africa Region.

Top 10 Countries in the Sub-Saharan Africa Region.
# Country Inflation, consumer prices (annual %) Year
1 Sudan 138.81% 2022
2 Zimbabwe 104.70% 2022
3 Ghana 31.26% 2022
4 Sierra Leone 27.21% 2022
5 Ethiopia 26.84% 2021
6 Angola 25.75% 2021
7 Liberia 23.56% 2018
8 Malawi 20.95% 2022
9 Nigeria 18.85% 2022
10 Burundi 18.80% 2022

Comparison with Countries in the Low income Group.

Among countries in the same World Bank Low income (LI) group, Burkina Faso comes in 9th with 14.29% inflation, consumer prices (annual %).

Inflation, consumer prices (annual %), Top 14 Countries in the Low income Group.

Top 14 Countries in the Low income Group.
# Country Inflation, consumer prices (annual %) Year
1 Sudan 138.808% 2022
2 Syrian Arab Republic 36.702% 2012
3 Sierra Leone 27.208% 2022
4 Ethiopia 26.840% 2021
5 Liberia 23.564% 2018
6 Malawi 20.954% 2022
7 Burundi 18.801% 2022
8 Rwanda 17.689% 2022
9 Burkina Faso 14.290% 2022
10 Gambia, The 11.513% 2022
11 Mozambique 10.279% 2022
12 Guinea-Bissau 9.394% 2022
13 Madagascar 8.161% 2022
14 Yemen, Rep. 8.105% 2014