Development of inflation rates in Zambia
The inflation rate for consumer prices in Zambia moved over the past 33 years between 6.4% and 183.3%. For 2019, an inflation rate of 9.2% was calculated.
During the observation period from 1986 to 2019, the average inflation rate was 39.4%
per year. Overall, the price increase was 1,566,530.24 %. An item that cost 100 Kwacha in 1986 was so charged 1,566,630.24 Kwacha in the beginning of 2020.
In only a very few countries, the price increase is that high. The rate of 183.3% in 1993 means, that compared to the previous year all prices have been increased by an average of 183.3%. 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: Zambia