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Central African Republic: Inflation, consumer prices (annual %)

In , Central African Republic's Inflation, consumer prices (annual %) was 1.48.

That's down 50.4% from 2023, the highest value since .

The global average for this indicator in 2024 was 7.39 . Central African Republic ranks #139 globally out of 174 reporting countries. Within Sub-Saharan Africa, it ranks #37 of 42.

Source: World Bank Open Data (FP.CPI.TOTL.ZG) • Data as of 2024

Trend (2005–2024)

Central African Republic Inflation, consumer prices (annual %) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
14.90
Trough
0.96
1-year change
-50.4%
5-year change
-45.0%
-11.3% / yr
10-year change
-90.1%
-20.6% / yr

Historical Data — Last 10 Years

Year Inflation, consumer prices (annual %)
1.4773
2.9791
5.5832
4.2594
1.7102
2.6854
1.6122
4.1807
4.9454
1.4030

About Inflation, consumer prices (annual %)

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. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.

Indicator code: FP.CPI.TOTL.ZGCategory: Economy

Frequently asked questions

What was Central African Republic's Inflation, consumer prices (annual %) in 2024?
In 2024, Central African Republic's Inflation, consumer prices (annual %) was 1.48, according to World Bank Open Data.
Is Central African Republic's Inflation, consumer prices (annual %) rising or falling?
Central African Republic's Inflation, consumer prices (annual %) fell 50.4% from 2023 to 2024.
How does Central African Republic rank globally on Inflation, consumer prices (annual %)?
In 2024, Central African Republic ranked #139 out of 174 countries reporting Inflation, consumer prices (annual %).
How does Central African Republic's Inflation, consumer prices (annual %) compare to the world average?
The global average for Inflation, consumer prices (annual %) in 2024 was 7.39, so Central African Republic is below the world average. Within Sub-Saharan Africa, it ranks #37 of 42.
What is Inflation, consumer prices (annual %) and how is it measured?
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. This indicator denotes the percentage change over each previous year of the constant price (base year 2015) series in United States dollars.
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Source: World Bank Open Data (FP.CPI.TOTL.ZG), CC BY 4.0.