Development of inflation rates in Zambia
The inflation rate for consumer prices in Zambia moved over the past 32 years between 6.4% and 183.3%. For 2018, an inflation rate of 7.5% was calculated.
During the observation period from 1986 to 2018, the average inflation rate was 40.3%
per year. Overall, the price increase was 1,435,196.10 %. An item that cost 100 Kwacha in 1986 was so charged 1,435,296.10 Kwacha in the beginning of 2019.
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