Djibouti: Inflation

* indicates monthly or quarterly data series

Inflation: percent change in the Consumer Price Index

 Latest value 5.2
 Year 2022
 Measure percent
 Data availability 1980 - 2022
 Average 3.5
 Min - Max -2.4 - 18.1
 Source The World Bank
For that indicator, we provide data for Djibouti from 1980 to 2022. The average value for Djibouti during that period was 3.5 percent with a minimum of -2.4 percent in 1982 and a maximum of 18.1 percent in 1986. The latest value from 2022 is 5.2 percent. For comparison, the world average in 2022 based on 148 countries is 11.8 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Djibouti - Inflation - recent values

Historical chart
Djibouti - Inflation - historical chart - 1980-2022

Inflation in Djibouti and other countries is usually calculated as the percent change in the Consumer Price Index (CPI) from one year to the next. The CPI represents the prices paid by the average urban consumer in each respective country. Inflation can also be calculated with other price indexes such as the Produce Price Index or the so-called GDP deflator.

Most countries try to keep inflation somewhere around 2-3 percent per year. That is too low to cause any problems for the businesses and households. At the same time, it is comfortably away from negative inflation, i.e. from deflation. Of course, this target is often missed.
Definition: Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.

 Related indicators Latest value Reference Measure
 Inflation 5.2 2022 percent
 Consumer Price Index (CPI) 132.0534 9/2022 index points
 Inflation, monthly 0.34 9/2022 percent
 Inflation, annual 6.08 9/2022 percent
 Private sector credit 186.18 Q3/2021 billion
 Business credit 154.70 Q3/2021 billion
 Household credit 31.48 Q3/2021 billion
 USD exchange rate 177.9320 9/2023 Local Currency Units per USD
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