Guinea Inflation Rate 2005-2023

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Guinea inflation rate for 2021 was 12.60%, a 2% increase from 2020.
  • Guinea inflation rate for 2020 was 10.60%, a 1.13% increase from 2019.
  • Guinea inflation rate for 2019 was 9.47%, a 0.36% decline from 2018.
  • Guinea inflation rate for 2018 was 9.83%, a 0.91% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Zimbabwe 98.55%
Ethiopia 26.84%
Haiti 16.84%
Guinea 12.60%
Sierra Leone 11.87%
South Sudan 10.52%
Burundi 8.40%
Gambia 7.37%
Madagascar 5.81%
Mozambique 5.69%
Central African Republic 4.26%
Nepal 4.09%
Mali 3.93%
Niger 3.84%
Tanzania 3.69%
Burkina Faso 3.65%
Guinea-Bissau 2.24%
Uganda 2.20%
Benin 1.73%
Rwanda -0.39%
Chad -0.77%
Guinea Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 12.60% 2.00%
2020 10.60% 1.13%
2019 9.47% -0.36%
2018 9.83% 0.91%
2017 8.91% 0.74%
2016 8.17% -2.65%
2015 10.82% 3.75%
2014 7.07% -4.82%
2013 11.89% -3.34%
2012 15.23% -6.13%
2011 21.35% 5.89%
2010 15.46% 10.78%
2009 4.68% -18.38%
2008 23.07% 4.89%
2007 18.18% -16.52%
2006 34.70% 3.32%
2005 31.37% 3.32%