Development of 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 Dollar in 2002 was so charged 543.84 Dollar in the beginning of 2019.
› Inflation rates in global comparison
Back to overview: Liberia
Performance over the last 16 years compared to the US
In only a very 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 have been increased by an average of 23.6%. In comparison to other countries, the drastic price increases are no longer on average. Usually this is a sign of political and economic turmoil.Performance based on 100% in 2001:
Inflation calculator for Liberia
Enter any amount, an initial year and an end year here. You will then be issued with the amount that arose from the original amount after inflation. Example: 1000 Dollar in 2002 corresponds to an amount of 5,438.39 Dollar at the beginning of 2019 due to inflation.Development of inflation rates for consumer goods in Liberia
Historical inflation rates in comparison
| Year | Liberia | Ø USA | Ø World |
|---|---|---|---|
| 2018 | 23.56 % | 2.44 % | 2.44 % |
| 2017 | 12.42 % | 2.13 % | 2.19 % |
| 2016 | 8.83 % | 1.26 % | 1.55 % |
| 2015 | 7.75 % | 0.12 % | 1.43 % |
| 2014 | 9.86 % | 1.62 % | 2.35 % |
| 2013 | 7.58 % | 1.46 % | 2.62 % |
| 2012 | 6.83 % | 2.07 % | 3.73 % |
| 2011 | 8.49 % | 3.16 % | 4.82 % |
| 2010 | 7.29 % | 1.64 % | 3.35 % |
| 2009 | 7.43 % | -0.36 % | 2.94 % |
| 2008 | 17.49 % | 3.84 % | 8.95 % |
| 2007 | 11.39 % | 2.85 % | 4.82 % |
| 2006 | 7.34 % | 3.23 % | 4.28 % |
| 2005 | 10.83 % | 3.39 % | 4.11 % |
| 2004 | 7.83 % | 2.68 % | 3.38 % |
| 2003 | 10.33 % | 2.27 % | 3.03 % |
| 2002 | 14.16 % | 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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