Zambia Inflation Rate 1986-2024
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.
- Zambia inflation rate for 2023 was 10.88%, a 0.11% decline from 2022.
- Zambia inflation rate for 2022 was 10.99%, a 11.03% decline from 2021.
- Zambia inflation rate for 2021 was 22.02%, a 6.29% increase from 2020.
- Zambia inflation rate for 2020 was 15.73%, a 6.58% increase from 2019.
| Zambia Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
10.88% |
-0.11% |
| 2022 |
10.99% |
-11.03% |
| 2021 |
22.02% |
6.29% |
| 2020 |
15.73% |
6.58% |
| 2019 |
9.15% |
1.66% |
| 2018 |
7.49% |
0.92% |
| 2017 |
6.58% |
-11.29% |
| 2016 |
17.87% |
7.76% |
| 2015 |
10.11% |
2.30% |
| 2014 |
7.81% |
0.83% |
| 2013 |
6.98% |
0.40% |
| 2012 |
6.58% |
0.15% |
| 2011 |
6.43% |
-2.07% |
| 2010 |
8.50% |
-4.89% |
| 2009 |
13.40% |
0.95% |
| 2008 |
12.45% |
1.79% |
| 2007 |
10.66% |
1.64% |
| 2006 |
9.02% |
-9.30% |
| 2005 |
18.32% |
0.36% |
| 2004 |
17.97% |
-3.43% |
| 2003 |
21.40% |
-0.83% |
| 2002 |
22.23% |
0.84% |
| 2001 |
21.39% |
-4.64% |
| 2000 |
26.03% |
-0.76% |
| 1999 |
26.79% |
2.33% |
| 1998 |
24.46% |
0.04% |
| 1997 |
24.42% |
-18.65% |
| 1996 |
43.07% |
8.14% |
| 1995 |
34.93% |
-19.67% |
| 1994 |
54.60% |
-128.71% |
| 1993 |
183.31% |
17.61% |
| 1992 |
165.71% |
68.06% |
| 1991 |
97.64% |
-9.38% |
| 1990 |
107.02% |
-16.38% |
| 1989 |
123.40% |
72.40% |
| 1988 |
51.00% |
3.96% |
| 1987 |
47.05% |
-8.78% |
| 1986 |
55.83% |
-8.78% |
