Inflation rates by country and year

-2.4%137.5%277.4%417.3%557.2%
-2.4%137.5%277.4%417.3%557.2%
20103.0%
2016-1.5%
2022104.7%
Source: World Bank

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

Year2022Inflation Rate104.7%

Behind the curve

Turning points in Zimbabwe

  1. 2019↑ Upward pressure

    The dollar's reintroduction — Wikipedia (opens in a new tab)

    Zimbabwe's 2019 currency reform reintroduced a national currency, but the new Zimbabwe dollar lost more than four-fifths of its value during the year. The resulting exchange-rate pass-through accompanied a sharp inflation surge.

    IMF Country Report 20/82 · Zimbabwe: 2019 Article IV Consultation
  2. 2022↑ Upward pressure

    The post-pandemic inflation surge — Wikipedia (opens in a new tab)

    In 2022, Reserve Bank of Zimbabwe's MPC linked renewed price pressure to parallel-market exchange-rate depreciation and global shocks, including Russia's invasion of Ukraine; annual inflation reached 285% in August.

    Reserve Bank of Zimbabwe · Monetary Policy Committee resolutions, 29 April 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 Zimbabwe?

The annual inflation rate in Zimbabwe was 104.7% in 2022, the most recent year in the World Bank dataset. That means prices rose 104.7% on average compared with the year before. Use the chart above to explore Zimbabwe's full inflation history from 2010 to 2022, and to compare it with any other country.

How inflation in Zimbabwe has changed

Inflation in Zimbabwe peaked at 557.2% in 2020 and reached its lowest point at -2.4% in 2015. Averaged across the 13 years of available data (2010–2022), the rate has been 79.6% per year.

Frequently asked questions about inflation in Zimbabwe

What is the current inflation rate in Zimbabwe?

The latest available annual figure is 104.7% in 2022, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Zimbabwe's statistical office.

What was the highest inflation rate in Zimbabwe?

The highest annual inflation rate on record is 557.2%, reached in 2020.

What was the lowest inflation rate in Zimbabwe?

The lowest annual inflation rate on record is -2.4%, recorded in 2015.

Where does the inflation data for Zimbabwe 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.