Swaziland: Inflation

* indicates monthly or quarterly data series
 Swaziland

Inflation: percent change in the Consumer Price Index

 Latest value 2.6
 Year 2019
 Measure percent
 Data availability 1966 - 2019
 Average 9.2
 Min - Max 1.8 - 20.8
 Source The World Bank
For that indicator, we provide data for Swaziland from 1966 to 2019. The average value for Swaziland during that period was 9.2 percent with a minimum of 1.8 percent in 1967 and a maximum of 20.8 percent in 1977. The latest value from 2019 is 2.6 percent. For comparison, the world average in 2019 based on 172 countries is 4.9 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
Swaziland - Inflation - recent values

Historical chart
Swaziland - Inflation - historical chart - 1966-2019




Inflation in Swaziland 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 2.6 2019 percent
 Money supply (broad money) 22.04 9/2023 billion
 Consumer Price Index (CPI) 115.3000 9/2023 index points
 Inflation, monthly 0.44 9/2023 percent
 Inflation, annual 3.50 9/2023 percent
 Private sector credit 17.32 9/2023 billion
 Business credit 9.16 9/2023 billion
 Household credit 8.16 9/2023 billion
 Mortgage credit 3.46 9/2018 billion
 Consumer credit 2.29 9/2018 billion
 Deposit interest rate 4.99 9/2023 percent
 Business credit interest rate 11.00 9/2023 percent
 USD exchange rate 18.9628 9/2023 Local Currency Units per USD
 Exchange rate regimes 3 2021 index points
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