Development of inflation rates in Ethiopia
The inflation rate in Germany moved over the past years between -8.5% and 44.4%. For 2016, an inflation rate of 7.3% was calculated.
During the observation period from 1991 to 2016, the average inflation rate was 11.1%
per year. Overall, the price increase was 1,110.22 %. An item that cost 100 Birr in 1990 was 2016 so charged 1,210.22 Birr.
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: Ethiopia