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 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 for 2018 was 0.38%, a 1.31% decline 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-Bissau Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
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%