In 2019, the average inflation rate in Eritrea increased by 15.7 percentage points compared to 2018. The year therefore marks a significant change in the inflation compared to the previous year. 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 Kenya, Ethiopia, and Mozambique.
Eritrea: Inflation rate from 1998 to 2019
(compared to the previous year)
Characteristic
Unemployment rate
2019
1.3%
2018
-14.4%
2017
-13.31%
2016
-5.58%
2015
28.48%
2014
8.36%
2013
6.27%
2012
6.04%
2011
5.89%
2010
10.3%
2009
33.85%
2008
22.17%
2007
9.41%
2006
7.71%
2005
12.51%
2004
25.11%
2003
22.67%
2002
16.88%
2001
14.62%
2000
19.95%
1999
8.4%
1998
9.47%
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IMF. (October 22, 2024). Eritrea: Inflation rate from 1998 to 2019 (compared to the previous year) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/510492/inflation-rate-in-eritrea/
IMF. "Eritrea: Inflation rate from 1998 to 2019 (compared to the previous year)." Chart. October 22, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/510492/inflation-rate-in-eritrea/
IMF. (2024). Eritrea: Inflation rate from 1998 to 2019 (compared to the previous year). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/510492/inflation-rate-in-eritrea/
IMF. "Eritrea: Inflation Rate from 1998 to 2019 (Compared to The Previous Year)." Statista, Statista Inc., 22 Oct 2024, https://www.statista.com/statistics/510492/inflation-rate-in-eritrea/
IMF, Eritrea: Inflation rate from 1998 to 2019 (compared to the previous year) Statista, https://www.statista.com/statistics/510492/inflation-rate-in-eritrea/ (last visited December 21, 2024)
Eritrea: Inflation rate from 1998 to 2019 (compared to the previous year) [Graph], IMF, October 22, 2024. [Online]. Available: https://www.statista.com/statistics/510492/inflation-rate-in-eritrea/