Guinea-Bissau Inflation Rate 1988-2023
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-Bissau inflation rate for 2022 was 9.39%, a 7.15% increase from 2021.
- Guinea-Bissau inflation rate for 2021 was 2.24%, a 1.1% increase from 2020.
- Guinea-Bissau inflation rate for 2020 was 1.14%, a 0.89% increase from 2019.
- Guinea-Bissau inflation rate for 2019 was 0.25%, a 0.13% decline from 2018.
| Guinea-Bissau Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2022 |
9.39% |
7.15% |
| 2021 |
2.24% |
1.10% |
| 2020 |
1.14% |
0.89% |
| 2019 |
0.25% |
-0.13% |
| 2018 |
0.38% |
-1.31% |
| 2017 |
1.69% |
0.19% |
| 2016 |
1.50% |
0.03% |
| 2015 |
1.48% |
2.99% |
| 2014 |
-1.51% |
-2.72% |
| 2013 |
1.21% |
-0.92% |
| 2012 |
2.13% |
-2.92% |
| 2011 |
5.05% |
2.53% |
| 2010 |
2.52% |
4.17% |
| 2009 |
-1.65% |
-12.11% |
| 2008 |
10.46% |
5.84% |
| 2007 |
4.62% |
2.66% |
| 2006 |
1.95% |
-1.37% |
| 2005 |
3.33% |
2.45% |
| 2004 |
0.88% |
4.39% |
| 2003 |
-3.50% |
-6.80% |
| 2002 |
3.30% |
-0.05% |
| 2001 |
3.35% |
-5.29% |
| 2000 |
8.64% |
10.72% |
| 1999 |
-2.09% |
-10.10% |
| 1998 |
8.01% |
-41.09% |
| 1997 |
49.10% |
-1.63% |
| 1996 |
50.73% |
5.37% |
| 1995 |
45.37% |
30.19% |
| 1994 |
15.18% |
-32.93% |
| 1993 |
48.11% |
-21.48% |
| 1992 |
69.58% |
11.99% |
| 1991 |
57.60% |
24.59% |
| 1990 |
33.00% |
-47.79% |
| 1989 |
80.79% |
20.51% |
| 1988 |
60.28% |
20.51% |
