Benin - Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Benin was 3.02 as of 2020. As the graph below shows, over the past 27 years this indicator reached a maximum value of 38.53 in 1994 and a minimum value of -0.79 in 2016.

Definition: 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.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1993 0.44
1994 38.53
1995 14.46
1996 4.91
1997 3.47
1998 5.75
1999 0.33
2000 4.17
2001 3.98
2002 2.49
2003 1.49
2004 0.87
2005 5.36
2006 3.78
2007 1.30
2008 7.95
2009 0.90
2010 2.21
2011 2.70
2012 6.74
2013 0.43
2014 -0.55
2015 0.22
2016 -0.79
2017 1.77
2018 0.64
2019 -0.71
2020 3.02

Aggregation method: Median

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices