Guinea-Bissau - Inflation, consumer prices (annual %) 1988 - 2022
Guinea-Bissau's inflation, consumer prices (annual %) is currently 9.39%, 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.- Guinea-Bissau's inflation, consumer prices (annual %) for 2022 was 9.394%, a 318.90% increase from 2021, with a +7 difference.
- In 2021 it was 2.242%, a 96.71% increase from 2020, with a +1 difference.
- In 2020 it was 1.14%, a 362.29% increase from 2019.
- In 2019 it was 0.247%, a -35.33% increase from 2018.
- In 2018 it was 0.381%, a -77.45% increase from 2017.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for Guinea-Bissau is currently 16.4145% (average of years with recorded data) with a lowest recorded value of -3.5026% in 2003 and a highest value of 80.7881% in 1989.
Guinea-Bissau's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 1988 | 60.282% | |
| 1989 | 80.788% | 34.02% |
| 1990 | 33.002% | -59.15% |
| 1991 | 57.595% | 74.52% |
| 1992 | 69.584% | 20.81% |
| 1993 | 48.108% | -30.86% |
| 1994 | 15.176% | -68.45% |
| 1995 | 45.365% | 198.92% |
| 1996 | 50.734% | 11.83% |
| 1997 | 49.101% | -3.22% |
| 1998 | 8.014% | -83.68% |
| 1999 | -2.086% | -126.03% |
| 2000 | 8.636% | 513.95% |
| 2001 | 3.348% | -61.23% |
| 2002 | 3.3% | -1.43% |
| 2003 | -3.503% | -206.14% |
| 2004 | 0.883% | 125.22% |
| 2005 | 3.329% | 276.90% |
| 2006 | 1.955% | -41.29% |
| 2007 | 4.617% | 136.22% |
| 2008 | 10.46% | 126.53% |
| 2009 | -1.651% | -115.79% |
| 2010 | 2.518% | 252.47% |
| 2011 | 5.046% | 100.41% |
| 2012 | 2.131% | -57.78% |
| 2013 | 1.207% | -43.34% |
| 2014 | -1.509% | -225.03% |
| 2015 | 1.477% | 197.85% |
| 2016 | 1.503% | 1.79% |
| 2017 | 1.691% | 12.51% |
| 2018 | 0.381% | -77.45% |
| 2019 | 0.247% | -35.33% |
| 2020 | 1.14% | 362.29% |
| 2021 | 2.242% | 96.71% |
| 2022 | 9.394% | 318.90% |
Expand
Comparison with Countries in the Sub-Saharan Africa Region.
Among countries in the same World Bank Sub-Saharan Africa (SSA) region, Guinea-Bissau comes in 22nd with 9.394% inflation, consumer prices (annual %).
- Within the same region, Rwanda comes in 12th with 17.689%, inflation, consumer prices (annual %).
- Burkina Faso comes in 13th with 14.29%.
- Botswana comes in 14th with 11.666%.
- Gambia, The comes in 15th with 11.513%.
- Zambia comes in 16th with 10.993%.
- Mauritius comes in 17th with 10.774%.
- Guinea comes in 18th with 10.493%.
- Mozambique comes in 19th with 10.279%.
- Senegal comes in 20th with 9.697%.
- Mauritania comes in 21st with 9.525%.
- Seychelles comes in 23rd with 8.277%.
- Lesotho comes in 24th with 8.272%.
- Madagascar comes in 25th with 8.161%.
- Togo comes in 26th with 7.968%.
- Kenya comes in 27th with 7.657%.
- Uganda comes in 28th with 7.196%.
- South Africa comes in 29th with 7.04%.
- Cameroon comes in 30th with 6.248%.
- Namibia comes in 31st with 6.081%.
- And Chad comes in 32nd with 5.788%, 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, Guinea-Bissau comes in 12th with 9.394% inflation, consumer prices (annual %).
- Within the same income group, Syrian Arab Republic comes in 2nd with 36.702%, inflation, consumer prices (annual %).
- Sierra Leone comes in 3rd with 27.208%.
- Ethiopia comes in 4th with 26.84%.
- Liberia comes in 5th with 23.564%.
- Malawi comes in 6th with 20.954%.
- Burundi comes in 7th with 18.801%.
- Rwanda comes in 8th with 17.689%.
- Burkina Faso comes in 9th with 14.29%.
- Gambia, The comes in 10th with 11.513%.
- Mozambique comes in 11th with 10.279%.
- Madagascar comes in 13th with 8.161%.
- Yemen, Rep. comes in 14th with 8.105%.
- Togo comes in 15th with 7.968%.
- Uganda comes in 16th with 7.196%.
- Chad comes in 17th with 5.788%.
- Central African Republic comes in 18th with 5.583%.
- Niger comes in 19th with 4.226%.
- Mali comes in 20th with 3.926%.
- Congo, Dem. Rep. comes in 21st with 2.886%.
- And Afghanistan comes in 22nd with 2.302%, 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 |