The average inflation rate in Ethiopia was forecast to continuously decrease between 2024 and 2029 by in total 10.7 percentage points. The inflation is estimated to amount to 13.25 percent in 2029. Following the definitions provided by the International Monetary Fund, this indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. Depicted here is the year-on-year change in said index measure, expressed in percent.
Find more key insights for the average inflation rate in countries like Malawi, Madagascar, and Seychelles.
Ethiopia: Inflation rate from 1989 to 2029
(compared to the previous year)
Characteristic
Inflation rate compared to previous year
2029*
13.25%
2028*
13.25%
2027*
13.25%
2026*
13.25%
2025*
23.29%
2024*
23.95%
2023
30.22%
2022
33.94%
2021
26.79%
2020
20.35%
2019
15.81%
2018
13.83%
2017
10.69%
2016
6.63%
2015
9.57%
2014
7.4%
2013
8.07%
2012
24.13%
2011
33.23%
2010
8.13%
2009
8.48%
2008
44.37%
2007
17.25%
2006
13.56%
2005
11.66%
2004
3.22%
2003
17.76%
2002
1.65%
2001
-8.24%
2000
0.66%
1999
7.94%
1998
3.6%
1997
-6.42%
1996
0.92%
1995
13.35%
1994
1.17%
1993
9.99%
1992
21.02%
1991
20.87%
1990
5.21%
1989
9.63%
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IMF. (October 22, 2024). Ethiopia: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/455089/inflation-rate-in-ethiopia/
IMF. "Ethiopia: Inflation rate from 1989 to 2029 (compared to the previous year)." Chart. October 22, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/455089/inflation-rate-in-ethiopia/
IMF. (2024). Ethiopia: Inflation rate from 1989 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/455089/inflation-rate-in-ethiopia/
IMF. "Ethiopia: Inflation Rate from 1989 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/455089/inflation-rate-in-ethiopia/
IMF, Ethiopia: Inflation rate from 1989 to 2029 (compared to the previous year) Statista, https://www.statista.com/statistics/455089/inflation-rate-in-ethiopia/ (last visited December 21, 2024)
Ethiopia: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/455089/inflation-rate-in-ethiopia/