Guinea Inflation Rate 2005-2024

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 2023 was 7.81%, a 2.69% decline from 2022.
  • Guinea inflation rate for 2022 was 10.49%, a 2.1% decline from 2021.
  • 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.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sierra Leone 47.64%
Haiti 36.81%
Ethiopia 30.22%
Malawi 28.79%
Burundi 26.94%
Rwanda 19.79%
Gambia 16.97%
Chad 10.84%
Madagascar 9.87%
Guinea 7.81%
Mozambique 7.13%
Nepal 7.11%
Uganda 5.35%
Tanzania 3.80%
Niger 3.70%
Central African Republic 2.98%
Benin 2.73%
South Sudan 2.38%
Mali 2.06%
Burkina Faso 0.74%
Guinea Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 7.81% -2.69%
2022 10.49% -2.10%
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% -3.61%
2015 11.78% 5.63%
2014 6.15% -5.74%
2013 11.89% -3.34%
2012 15.23% -6.09%
2011 21.32% 6.27%
2010 15.05% 10.37%
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%