Inflation rates in Ethiopia
The inflation rate for consumer prices in Ethiopia moved over the past 56 years between -9.8% and 44.4%. For 2022, an inflation rate of 33.9% was calculated.During the observation period from 1966 to 2022, the average inflation rate was 9.9% per year. Overall, the price increase was 14,799.24%. An item that cost 100 birrs in 1966 costs 14,899.24 birrs at the beginning of 2023.
› Inflation rates in global comparison
Performance over the last 56 years compared with the USA
In only a few countries are negative inflation rates achieved. This means that the general price level is declining and consumer prices get cheaper. This is called deflation. In comparison to most other countries, the drastic price increases are no longer average. Usually this is a sign of political and economic turmoil.Performance based on 100% in 1965:
Inflation calculator for Ethiopia
Enter any amount, a start year and an end year here. You will then be shown the amount that resulted from the original amount after inflation.100 birrs in 1966 will still be 100 birrs in 2023. The nominal value does not change. What does change, is the purchasing power. In other words, the amount of goods that can be bought with this money. As inflation increases, this amount decreases.
Example: The purchasing power of 100 birrs in 1966 corresponds to that of 14,899.24 birrs at the beginning of 2023. Conversely, in 1966 you could buy as much with 1.89 birrs as you can today with 1000 birrs.
Inflation rates for consumer goods in Ethiopia
Historical inflation rates in comparison
| Year | Ethiopia | Ø EU | Ø USA | Ø World |
|---|---|---|---|---|
| 2022 | 33.89 % | 8.83 % | 8.00 % | 7.97 % |
| 2021 | 26.84 % | 2.55 % | 4.70 % | 3.47 % |
| 2020 | 20.36 % | 0.48 % | 1.23 % | 1.94 % |
| 2019 | 15.81 % | 1.63 % | 1.81 % | 2.21 % |
| 2018 | 13.83 % | 1.74 % | 2.44 % | 2.44 % |
| 2017 | 10.69 % | 1.43 % | 2.13 % | 2.22 % |
| 2016 | 6.63 % | 0.18 % | 1.26 % | 1.61 % |
| 2015 | 9.57 % | -0.06 % | 0.12 % | 1.44 % |
| 2014 | 6.89 % | 0.20 % | 1.62 % | 2.35 % |
| 2013 | 7.46 % | 1.22 % | 1.46 % | 2.62 % |
| 2012 | 23.38 % | 2.66 % | 2.07 % | 3.73 % |
| 2011 | 32.01 % | 3.29 % | 3.16 % | 4.82 % |
| 2010 | 8.14 % | 1.53 % | 1.64 % | 3.35 % |
| 2009 | 8.47 % | 0.84 % | -0.36 % | 2.94 % |
| 2008 | 44.39 % | 4.16 % | 3.84 % | 8.95 % |
| 2007 | 17.24 % | 2.51 % | 2.85 % | 4.82 % |
| 2006 | 12.31 % | 2.67 % | 3.23 % | 4.28 % |
| 2005 | 12.94 % | 2.49 % | 3.39 % | 4.11 % |
| 2004 | 3.26 % | 2.29 % | 2.68 % | 3.38 % |
| 2003 | 17.76 % | 2.09 % | 2.27 % | 3.03 % |
| 2002 | 1.65 % | 2.42 % | 1.59 % | 2.83 % |
| 2001 | -8.24 % | 3.37 % | 2.83 % | 3.84 % |
| 2000 | 0.66 % | 3.15 % | 3.38 % | 3.49 % |
| 1999 | 7.94 % | 2.16 % | 2.19 % | 3.08 % |
| 1998 | 0.89 % | 2.42 % | 1.55 % | 5.11 % |
| 1997 | 2.40 % | 3.11 % | 2.34 % | 5.57 % |
| 1996 | -8.48 % | 3.56 % | 2.93 % | 6.55 % |
| 1995 | 10.02 % | 4.43 % | 2.81 % | 9.15 % |
| 1994 | 7.59 % | 4.72 % | 2.61 % | 10.32 % |
| 1993 | 3.54 % | 4.85 % | 2.95 % | 7.51 % |
| 1992 | 10.53 % | 6.22 % | 3.03 % | 7.71 % |
| 1991 | 35.72 % | 5.48 % | 4.23 % | 9.00 % |
| 1990 | 5.15 % | 6.15 % | 5.40 % | 8.13 % |
| 1989 | 7.82 % | 6.26 % | 4.83 % | 7.00 % |
| 1988 | 7.08 % | 4.54 % | 4.08 % | 7.15 % |
| 1987 | -2.43 % | 4.02 % | 3.66 % | 5.76 % |
| 1986 | -9.81 % | 3.68 % | 1.90 % | 5.82 % |
| 1985 | 19.06 % | 5.40 % | 3.55 % | 6.86 % |
| 1984 | 8.42 % | 7.67 % | 4.30 % | 8.12 % |
| 1983 | -0.68 % | 8.67 % | 3.21 % | 8.77 % |
| 1982 | 5.89 % | 9.58 % | 6.13 % | 10.24 % |
| 1981 | 6.14 % | 11.77 % | 10.33 % | 12.47 % |
| 1980 | 4.48 % | 12.91 % | 13.55 % | 13.98 % |
| 1979 | 16.03 % | 8.22 % | 11.25 % | n/a |
| 1978 | 14.31 % | 7.76 % | 7.63 % | n/a |
| 1977 | 16.66 % | 9.77 % | 6.50 % | n/a |
| 1976 | 28.54 % | 9.35 % | 5.74 % | n/a |
| 1975 | 6.55 % | 10.47 % | 9.14 % | n/a |
| 1974 | 8.59 % | 13.16 % | 11.05 % | n/a |
| 1973 | 8.91 % | 7.75 % | 6.18 % | n/a |
| 1972 | -6.08 % | 6.01 % | 3.27 % | n/a |
| 1971 | 0.54 % | 5.24 % | 4.29 % | n/a |
| 1970 | 10.12 % | 4.51 % | 5.84 % | n/a |
| 1969 | 1.43 % | 2.67 % | 5.46 % | n/a |
| 1968 | 0.18 % | 3.24 % | 4.27 % | n/a |
| 1967 | 0.81 % | 3.32 % | 2.77 % | n/a |
| 1966 | -1.36 % | 3.70 % | 3.02 % | n/a |
Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
The 50 largest economies in the world
Country comparison: Ethiopia / United States
Greenhouse gases emissions by country