Inflation rates in Guinea-Bissau
The inflation rate for consumer prices in Guinea-Bissau moved over the past 33 years between -3.5% and 80.8%. For 2021, an inflation rate of 2.2% was calculated.During the observation period from 1988 to 2021, the average inflation rate was 17.1% per year. Overall, the price increase was 9,706.76%. An item that cost 100 francs in 1988 costs 9,806.76 francs at the beginning of 2022.
› Inflation rates in global comparison
Back to overview: Guinea-Bissau
Performance over the last 33 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 1987:
Inflation calculator for Guinea-Bissau
Enter any amount, an initial year and an end year here. You will then be provided with the original amount after inflation. Example: 1,000 francs in 1988 corresponds to 98,067.62 francs at the beginning of 2022 due to inflation.Inflation rates for consumer goods in Guinea-Bissau
Historical inflation rates in comparison
| Year | Guinea-Bissau | Ø EU | Ø USA | Ø World |
|---|---|---|---|---|
| 2021 | 2.24 % | 2.55 % | 4.70 % | 3.50 % |
| 2020 | 1.14 % | 0.50 % | 1.23 % | 1.92 % |
| 2019 | 0.25 % | 1.63 % | 1.81 % | 2.19 % |
| 2018 | 0.38 % | 1.74 % | 2.44 % | 2.44 % |
| 2017 | 1.69 % | 1.43 % | 2.13 % | 2.19 % |
| 2016 | 1.50 % | 0.18 % | 1.26 % | 1.55 % |
| 2015 | 1.48 % | -0.06 % | 0.12 % | 1.43 % |
| 2014 | -1.51 % | 0.20 % | 1.62 % | 2.35 % |
| 2013 | 1.21 % | 1.22 % | 1.46 % | 2.62 % |
| 2012 | 2.13 % | 2.66 % | 2.07 % | 3.73 % |
| 2011 | 5.05 % | 3.29 % | 3.16 % | 4.82 % |
| 2010 | 2.52 % | 1.53 % | 1.64 % | 3.35 % |
| 2009 | -1.65 % | 0.84 % | -0.36 % | 2.94 % |
| 2008 | 10.46 % | 4.16 % | 3.84 % | 8.95 % |
| 2007 | 4.62 % | 2.51 % | 2.85 % | 4.82 % |
| 2006 | 1.95 % | 2.67 % | 3.23 % | 4.28 % |
| 2005 | 3.33 % | 2.49 % | 3.39 % | 4.11 % |
| 2004 | 0.88 % | 2.29 % | 2.68 % | 3.38 % |
| 2003 | -3.50 % | 2.09 % | 2.27 % | 3.03 % |
| 2002 | 3.30 % | 2.42 % | 1.59 % | 2.83 % |
| 2001 | 3.35 % | 3.37 % | 2.83 % | 3.84 % |
| 2000 | 8.64 % | 3.15 % | 3.38 % | 3.49 % |
| 1999 | -2.09 % | 2.16 % | 2.19 % | 3.08 % |
| 1998 | 8.01 % | 2.42 % | 1.55 % | 5.11 % |
| 1997 | 49.10 % | 3.11 % | 2.34 % | 5.57 % |
| 1996 | 50.73 % | 3.56 % | 2.93 % | 6.55 % |
| 1995 | 45.37 % | 4.43 % | 2.81 % | 9.15 % |
| 1994 | 15.18 % | 4.72 % | 2.61 % | 10.32 % |
| 1993 | 48.11 % | 4.85 % | 2.95 % | 7.51 % |
| 1992 | 69.58 % | 6.22 % | 3.03 % | 7.71 % |
| 1991 | 57.60 % | 5.48 % | 4.23 % | 9.00 % |
| 1990 | 33.00 % | 6.15 % | 5.40 % | 8.13 % |
| 1989 | 80.79 % | 6.26 % | 4.83 % | 7.00 % |
| 1988 | 60.28 % | 4.54 % | 4.08 % | 7.15 % |
Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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