Inflation rates by country and year

-9.8%3.7%17.3%30.8%44.4%
-9.8%3.7%17.3%30.8%44.4%
1966-1.4%
199510.0%
202513.2%
Source: World Bank

Data: World Bank, annual %. For information only — not financial advice.

Year2025Inflation Rate13.2%

Behind the curve

Turning points in Ethiopia

  1. 2008↑ Upward pressure

    Domestic food constraints amplified the price surge — Wikipedia (opens in a new tab)

    Ethiopia's 2008 inflation surge reflected more than imported food prices: domestic cereal supply lagged demand, food-aid volumes fell and local prices converged toward regional prices. Rising oil and fertilizer costs worsened the pressure.

    IMF Country Report 08/264: Ethiopia—2008 Article IV Consultation
  2. 2011↑ Upward pressure

    Loose money met a food-price shock — Wikipedia (opens in a new tab)

    Inflation reached 40 percent in August 2011 as loose monetary policy compounded high global food prices. Introducing a base-money anchor, alongside easing food and fuel inflation, helped bring the rate down the following year.

    IMF Public Information Notice 12/117: 2012 Article IV Consultation with Ethiopia
  3. 2022↑ Upward pressure

    Supply constraints drove a renewed price surge — Wikipedia (opens in a new tab)

    Conflict in northern Ethiopia, drought, foreign-exchange shortages and lower agricultural production constrained supply in 2022. Rapidly rising food prices pushed inflation higher as the war in Ukraine added external pressure.

    IMF Staff Visit Discusses Reform Plans and Economic Developments in Ethiopia, June 2022

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.

What is the inflation in Ethiopia?

The annual inflation rate in Ethiopia was 13.2% in 2025, the most recent year in the World Bank dataset. That means prices rose 13.2% on average compared with the year before. Use the chart above to explore Ethiopia's full inflation history from 1966 to 2025, and to compare it with any other country.

How inflation in Ethiopia has changed

Inflation in Ethiopia peaked at 44.4% in 2008 and reached its lowest point at -9.8% in 1986. Averaged across the 60 years of available data (1966–2025), the rate has been 10.2% per year.

Frequently asked questions about inflation in Ethiopia

What is the current inflation rate in Ethiopia?

The latest available annual figure is 13.2% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Ethiopia's statistical office.

What was the highest inflation rate in Ethiopia?

The highest annual inflation rate on record is 44.4%, reached in 2008.

What was the lowest inflation rate in Ethiopia?

The lowest annual inflation rate on record is -9.8%, recorded in 1986.

Where does the inflation data for Ethiopia come from?

All figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG), which report annual consumer price inflation for more than 200 countries and territories from 1960 onward.