Inflation rates by country and year
Data: World Bank, annual %. For information only — not financial advice.
Behind the curve
Turning points in Chad
- 1994↑ Upward pressure
The CFA franc devaluation ↗ — Wikipedia (opens in a new tab)
The CFA-franc devaluation raised Chad's CPI 42 percent in 1994 as imported-consumption prices rose 51 percent. Demand shifted toward local goods and imports of consumer goods contracted sharply.
- 2008↑ Upward pressure
The world food price crisis ↗ — Wikipedia (opens in a new tab)
Food prices drove the 2008 inflation rise, but the main harvest then lowered prices. Chad used its food-security agency's buffer stocks as the country was less exposed than many regional peers.
- 2012↑ Upward pressure
The 2011–12 food-security shock ↗ — Wikipedia (opens in a new tab)
A severe drought caused a food-security crisis and inflation spike in late 2011; subsequent floods threatened another rise in food prices during 2012.
- 2022↑ Upward pressure
The post-pandemic inflation surge ↗ — Wikipedia (opens in a new tab)
A poor 2021 crop, Ukraine-driven food pressure and floods lifted inflation in 2022, even as higher oil prices improved Chad's external balance.
These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.