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Inflation rates in Liberia

The inflation rate for consumer prices in Liberia moved over the past 16 years between 6.8% and 23.6%. For 2018, an inflation rate of 23.6% was calculated.

During the observation period from 2002 to 2018, the average inflation rate was 11.2% per year. Overall, the price increase was 443.84%. An item that cost 100 dollars in 2002 costs 543.84 dollars at the beginning of 2019.


Inflation rates in global comparison


Back to overview: Liberia

Performance over the last 16 years compared with the USA

In only a few countries the price increase is that high. The Consumer Price Index (CPI) of 23.6% in 2018 means, that compared to the previous year all prices increased by an average of 23.6%. 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 2001:Performance in Liberia

      Liberia       USA


Inflation calculator for Liberia

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 dollars in 2002 corresponds to 5,438.39 dollars at the beginning of 2019 due to inflation.

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Inflation rates for consumer goods in Liberia

Inflation rates for consumer goods in Liberia

      Liberia       USA

Historical inflation rates in comparison

YearLiberiaØ EUØ USAØ World
201823.56 %1.74 %2.44 %2.44 %
201712.42 %1.43 %2.13 %2.19 %
20168.83 %0.18 %1.26 %1.55 %
20157.75 %-0.06 %0.12 %1.43 %
20149.86 %0.20 %1.62 %2.35 %
20137.58 %1.22 %1.46 %2.62 %
20126.83 %2.66 %2.07 %3.73 %
20118.49 %3.29 %3.16 %4.82 %
20107.29 %1.53 %1.64 %3.35 %
20097.43 %0.84 %-0.36 %2.94 %
200817.49 %4.16 %3.84 %8.95 %
200711.39 %2.51 %2.85 %4.82 %
20067.34 %2.67 %3.23 %4.28 %
200510.83 %2.49 %3.39 %4.11 %
20047.83 %2.29 %2.68 %3.38 %
200310.33 %2.09 %2.27 %3.03 %
200214.16 %2.42 %1.59 %2.83 %

Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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