Development of inflation rates in Zambia
The inflation rate for consumer prices in Zambia moved over the past 34 years between 6.4% and 183.3%. For 2020, an inflation rate of 15.7% was calculated.During the observation period from 1986 to 2020, the average inflation rate was 38.7% per year. Overall, the price increase was 1,813,001.68 %. An item that cost 100 Kwacha in 1986 was so charged 1,813,101.68 Kwacha in the beginning of 2021.
› Inflation rates in global comparison
Back to overview: Zambia
Performance over the last 34 years compared to the US
In only a very few countries, the price increase is that high. The Consumer Price Index (CPI) 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.Performance based on 100% in 1985:
Inflation calculator for Zambia
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 Kwacha in 1986 corresponds to an amount of 18,131,016.76 Kwacha at the beginning of 2021 due to inflation.Development of inflation rates for consumer goods in Zambia
Historical inflation rates in comparison
| Year | Zambia | Ø USA | Ø World |
|---|---|---|---|
| 2020 | 15.73 % | 1.23 % | 1.89 % |
| 2019 | 9.15 % | 1.81 % | 2.21 % |
| 2018 | 7.49 % | 2.44 % | 2.44 % |
| 2017 | 6.58 % | 2.13 % | 2.19 % |
| 2016 | 17.87 % | 1.26 % | 1.55 % |
| 2015 | 10.11 % | 0.12 % | 1.43 % |
| 2014 | 7.81 % | 1.62 % | 2.35 % |
| 2013 | 6.98 % | 1.46 % | 2.62 % |
| 2012 | 6.58 % | 2.07 % | 3.73 % |
| 2011 | 6.43 % | 3.16 % | 4.82 % |
| 2010 | 8.50 % | 1.64 % | 3.35 % |
| 2009 | 13.40 % | -0.36 % | 2.94 % |
| 2008 | 12.45 % | 3.84 % | 8.95 % |
| 2007 | 10.66 % | 2.85 % | 4.82 % |
| 2006 | 9.02 % | 3.23 % | 4.28 % |
| 2005 | 18.32 % | 3.39 % | 4.11 % |
| 2004 | 17.97 % | 2.68 % | 3.38 % |
| 2003 | 21.40 % | 2.27 % | 3.03 % |
| 2002 | 22.23 % | 1.59 % | 2.83 % |
| 2001 | 21.39 % | 2.83 % | 3.84 % |
| 2000 | 26.03 % | 3.38 % | 3.49 % |
| 1999 | 26.79 % | 2.19 % | 3.08 % |
| 1998 | 24.46 % | 1.55 % | 5.11 % |
| 1997 | 24.42 % | 2.34 % | 5.57 % |
| 1996 | 43.07 % | 2.93 % | 6.55 % |
| 1995 | 34.93 % | 2.81 % | 9.15 % |
| 1994 | 54.60 % | 2.61 % | 10.32 % |
| 1993 | 183.31 % | 2.95 % | 7.51 % |
| 1992 | 165.71 % | 3.03 % | 7.71 % |
| 1991 | 97.64 % | 4.23 % | 9.00 % |
| 1990 | 107.02 % | 5.40 % | 8.13 % |
| 1989 | 123.40 % | 4.83 % | 7.00 % |
| 1988 | 51.00 % | 4.08 % | 7.15 % |
| 1987 | 47.05 % | 3.66 % | 5.76 % |
| 1986 | 55.83 % | 1.90 % | 5.82 % |
Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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