Burkina Faso - Inflation

Inflation, consumer prices (annual %)

The value for Inflation, consumer prices (annual %) in Burkina Faso was 3.65 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 29.99 in 1977 and a minimum value of -8.40 in 1976.

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.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1960 7.79
1961 18.56
1962 1.68
1963 5.57
1964 1.85
1965 -0.73
1966 2.36
1967 -4.33
1968 -0.29
1969 9.66
1970 1.77
1971 2.06
1972 -2.92
1973 7.60
1974 8.72
1975 18.76
1976 -8.40
1977 29.99
1978 8.27
1979 14.99
1980 12.20
1981 7.56
1982 12.06
1983 8.15
1984 4.85
1985 6.91
1986 -2.61
1987 -2.68
1988 4.26
1989 -0.48
1990 -0.50
1991 2.16
1992 -1.99
1993 0.55
1994 25.18
1995 7.46
1996 6.10
1997 2.32
1998 5.08
1999 -1.07
2000 -0.30
2001 5.01
2002 2.18
2003 2.03
2004 -0.40
2005 6.42
2006 2.33
2007 -0.23
2008 10.66
2009 2.61
2010 -0.76
2011 2.76
2012 3.82
2013 0.53
2014 -0.26
2015 0.72
2016 0.44
2017 1.48
2018 1.96
2019 -3.23
2020 1.88
2021 3.65

Inflation, GDP deflator (annual %)

The value for Inflation, GDP deflator (annual %) in Burkina Faso was 6.84 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 18.66 in 1977 and a minimum value of -6.35 in 1986.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1961 1.90
1962 2.01
1963 5.15
1964 1.81
1965 -0.66
1966 2.30
1967 -4.41
1968 -0.26
1969 6.91
1970 1.78
1971 3.38
1972 7.30
1973 2.68
1974 11.01
1975 8.18
1976 6.73
1977 18.66
1978 14.53
1979 7.75
1980 8.69
1981 13.58
1982 9.05
1983 5.41
1984 6.50
1985 0.76
1986 -6.35
1987 1.24
1988 3.41
1989 4.83
1990 1.81
1991 -3.97
1992 0.23
1993 -1.44
1994 14.64
1995 6.77
1996 0.35
1997 1.56
1998 7.94
1999 17.39
2000 -0.82
2001 3.96
2002 3.06
2003 1.48
2004 0.09
2005 3.74
2006 -0.66
2007 2.49
2008 9.16
2009 2.41
2010 3.78
2011 6.74
2012 5.82
2013 -2.13
2014 -0.62
2015 -2.22
2016 2.60
2017 1.42
2018 1.07
2019 1.62
2020 6.84

Inflation, GDP deflator: linked series (annual %)

The latest value for Inflation, GDP deflator: linked series (annual %) in Burkina Faso was 6.84 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 17.39 in 1999 and -3.97 in 1991.

Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

See also:

Year Value
1990 1.81
1991 -3.97
1992 0.23
1993 -1.44
1994 14.64
1995 6.77
1996 0.35
1997 1.56
1998 7.94
1999 17.39
2000 -0.82
2001 3.96
2002 3.06
2003 1.48
2004 0.09
2005 3.74
2006 -0.66
2007 2.49
2008 9.16
2009 2.41
2010 3.78
2011 6.74
2012 5.82
2013 -2.13
2014 -0.62
2015 -2.22
2016 2.60
2017 1.42
2018 1.07
2019 1.62
2020 6.84

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices