Development of inflation rates in Equatorial Guinea
The inflation rate for consumer prices in Equatorial Guinea moved over the past 32 years between -17.6% and 31.8%. For 2018, an inflation rate of 1.3% was calculated.
During the observation period from 1986 to 2018, the average inflation rate was 4.1%
per year. Overall, the price increase was 224.33 %. An item that cost 100 Franc in 1986 was so charged 324.33 Franc in the beginning of 2019.
In only a few countries negative inflation rates are achieved. This means that the general price level is declining and consumer prices get cheaper. This case is called deflation.In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Back to overview: Equatorial Guinea