Liberia - Inflation, consumer prices (annual %) 2002 - 2018
Liberia's inflation, consumer prices (annual %) is currently 23.56%, according to the most recent World Bank data for the country (2018).
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.- Liberia's inflation, consumer prices (annual %) for 2018 was 23.564%, a 89.73% increase from 2017, with a +11 difference.
- In 2017 it was 12.42%, a 40.59% increase from 2016, with a +3 difference.
- In 2016 it was 8.834%, a 14.01% increase from 2015.
- In 2015 it was 7.749%, a -21.42% increase from 2014.
- In 2014 it was 9.861%, a 30.14% increase from 2013.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for Liberia is currently 10.554% (average of years with recorded data) with a lowest recorded value of 6.8318% in 2012 and a highest value of 23.5635% in 2018.
Liberia's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 2002 | 14.16% | |
| 2003 | 10.33% | -27.04% |
| 2004 | 7.829% | -24.21% |
| 2005 | 10.834% | 38.39% |
| 2006 | 7.341% | -32.24% |
| 2007 | 11.392% | 55.17% |
| 2008 | 17.489% | 53.53% |
| 2009 | 7.428% | -57.53% |
| 2010 | 7.29% | -1.85% |
| 2011 | 8.488% | 16.44% |
| 2012 | 6.832% | -19.51% |
| 2013 | 7.577% | 10.91% |
| 2014 | 9.861% | 30.14% |
| 2015 | 7.749% | -21.42% |
| 2016 | 8.834% | 14.01% |
| 2017 | 12.42% | 40.59% |
| 2018 | 23.564% | 89.73% |
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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, Liberia comes in 7th with 23.564% inflation, consumer prices (annual %).
- Within the same region, Sudan comes in 1st with 138.808%, inflation, consumer prices (annual %).
- Zimbabwe comes in 2nd with 104.705%.
- Ghana comes in 3rd with 31.256%.
- Sierra Leone comes in 4th with 27.208%.
- Ethiopia comes in 5th with 26.84%.
- Angola comes in 6th with 25.754%.
- Malawi comes in 8th with 20.954%.
- Nigeria comes in 9th with 18.847%.
- Burundi comes in 10th with 18.801%.
- Sao Tome and Principe comes in 11th with 18.006%.
- Rwanda comes in 12th with 17.689%.
- 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%.
- And Mauritius comes in 17th with 10.774%, 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, Liberia comes in 5th with 23.564% inflation, consumer prices (annual %).
- Within the same income group, Sudan comes in 1st with 138.808%, inflation, consumer prices (annual %).
- Syrian Arab Republic comes in 2nd with 36.702%.
- Sierra Leone comes in 3rd with 27.208%.
- Ethiopia comes in 4th with 26.84%.
- 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%.
- Guinea-Bissau comes in 12th with 9.394%.
- Madagascar comes in 13th with 8.161%.
- Yemen, Rep. comes in 14th with 8.105%.
- And Togo comes in 15th with 7.968%, 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 |