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Inflation rates in Zambia

The inflation rate for consumer prices in Zambia moved over the past 35 years between 6.4% and 183.3%. For 2021, an inflation rate of 22.0% was calculated.

During the observation period from 1986 to 2021, the average inflation rate was 38.2% per year. Overall, the price increase was 2.21 million percent. An item that cost 100 kwachas in 1986 costs 2.21 million kwachas at the beginning of 2022.


Inflation rates in global comparison


Back to overview: Zambia

Performance over the last 35 years compared with the USA

In only a 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 increased by an average of 183.3%. 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 1985:Performance in Zambia

      Zambia       USA


Inflation calculator for Zambia

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 kwachas in 1986 corresponds to 22,123,690.44 kwachas at the beginning of 2022 due to inflation.

Original amount in kwachas:


Start year:


End year:






Inflation rates for consumer goods in Zambia

Inflation rates for consumer goods in Zambia

      Zambia       USA

Historical inflation rates in comparison

YearZambiaØ EUØ USAØ World
202122.02 %2.55 %4.70 %3.50 %
202015.73 %0.50 %1.23 %1.92 %
20199.15 %1.63 %1.81 %2.19 %
20187.49 %1.74 %2.44 %2.44 %
20176.58 %1.43 %2.13 %2.19 %
201617.87 %0.18 %1.26 %1.55 %
201510.11 %-0.06 %0.12 %1.43 %
20147.81 %0.20 %1.62 %2.35 %
20136.98 %1.22 %1.46 %2.62 %
20126.58 %2.66 %2.07 %3.73 %
20116.43 %3.29 %3.16 %4.82 %
20108.50 %1.53 %1.64 %3.35 %
200913.40 %0.84 %-0.36 %2.94 %
200812.45 %4.16 %3.84 %8.95 %
200710.66 %2.51 %2.85 %4.82 %
20069.02 %2.67 %3.23 %4.28 %
200518.32 %2.49 %3.39 %4.11 %
200417.97 %2.29 %2.68 %3.38 %
200321.40 %2.09 %2.27 %3.03 %
200222.23 %2.42 %1.59 %2.83 %
200121.39 %3.37 %2.83 %3.84 %
200026.03 %3.15 %3.38 %3.49 %
199926.79 %2.16 %2.19 %3.08 %
199824.46 %2.42 %1.55 %5.11 %
199724.42 %3.11 %2.34 %5.57 %
199643.07 %3.56 %2.93 %6.55 %
199534.93 %4.43 %2.81 %9.15 %
199454.60 %4.72 %2.61 %10.32 %
1993183.31 %4.85 %2.95 %7.51 %
1992165.71 %6.22 %3.03 %7.71 %
199197.64 %5.48 %4.23 %9.00 %
1990107.02 %6.15 %5.40 %8.13 %
1989123.40 %6.26 %4.83 %7.00 %
198851.00 %4.54 %4.08 %7.15 %
198747.05 %4.02 %3.66 %5.76 %
198655.83 %3.68 %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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