Eritrea—Inflation, Consumer Prices (%)
Latest Value
1.3%
2019
YoY Change
+109.0%
2018 → 2019
Maximum
33.9%
2009
Minimum
-14.4%
2018
CAGR
-13.4%
20 years
Last
1.3%
Previous
-14.4%
Highest
33.9%
Lowest
-14.4%
Unit
annual percent change in average consumer prices
Source
IMF World Economic Outlook
Eritrea's inflation rate was 1.3% in 2019. This represents a +109.0% change from 2018. Over the past 20 years, the highest recorded value was 33.9% (2009) and the lowest was -14.4% (2018). Data sourced from the IMF World Economic Outlook.
Source: IMF World Economic Outlook
Historical Data
| Year | Value | Change |
|---|---|---|
| 2019 | 1.3% | +109.0% |
| 2018 | -14.4% | -8.3% |
| 2017 | -13.3% | -137.5% |
| 2016 | -5.6% | -119.6% |
| 2015 | 28.5% | +239.3% |
| 2014 | 8.4% | +33.3% |
| 2013 | 6.3% | +5.0% |
| 2012 | 6.0% | +1.7% |
| 2011 | 5.9% | -42.7% |
| 2010 | 10.3% | -69.6% |
| 2009 | 33.9% | +52.7% |
| 2008 | 22.2% | +136.2% |
| 2007 | 9.4% | +22.1% |
| 2006 | 7.7% | -38.4% |
| 2005 | 12.5% | -50.2% |
| 2004 | 25.1% | +10.6% |
| 2003 | 22.7% | +34.3% |
| 2002 | 16.9% | +15.8% |
| 2001 | 14.6% | -26.6% |
| 2000 | 19.9% |
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About This Indicator
Definition
Annual change in the average consumer price index.
Methodology
National statistical agencies calculate CPI by tracking prices of a representative basket of consumer goods and services (food, housing, transportation, healthcare, etc.). The basket is weighted by typical household expenditure patterns. The IMF aggregates national CPI data and produces harmonized inflation estimates.
Unit
annual percent change in average consumer prices
Source: International Monetary Fund (World Economic Outlook)Available series: 2000–2019View original source →