Annual inflation rate of ECOWAS member countries 2022-2023
The annual inflation rate of the countries that have joined the Economic Community of West African States (ECOWAS) was forecast to reach an average of 20.9 percent in 2023. Among the member states, Sierra Leone and Nigeria recorded the highest rate of inflation, reaching 42.9 percent and 42.2 percent, respectively . On the other hand, inflation rates in Ivory Coast and Burkina Faso were the lowest.
