Samoa - Consumer price index (2010 = 100)

The value for Consumer price index (2010 = 100) in Samoa was 119.34 as of 2021. As the graph below shows, over the past 60 years this indicator reached a maximum value of 119.34 in 2021 and a minimum value of 3.63 in 1961.

Definition: Consumer price index reflects changes 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. Data are period averages.

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

See also:

Year Value
1961 3.63
1962 3.72
1963 3.75
1964 3.95
1965 4.03
1966 4.15
1967 4.13
1968 4.20
1969 4.37
1970 4.49
1971 4.71
1972 5.06
1973 5.65
1974 7.07
1975 7.69
1976 8.06
1977 9.24
1978 9.43
1979 10.48
1980 13.95
1981 16.80
1982 19.88
1983 23.15
1984 25.90
1985 28.25
1986 29.87
1987 31.24
1988 33.89
1989 36.08
1990 41.58
1991 40.83
1992 44.51
1993 45.28
1994 50.75
1995 49.27
1996 51.92
1997 55.48
1998 56.71
1999 56.86
2000 57.41
2001 59.62
2002 64.42
2003 64.49
2004 75.01
2005 76.41
2006 79.23
2007 83.65
2008 93.33
2009 99.23
2010 100.00
2011 105.24
2012 107.39
2013 108.05
2014 107.61
2015 108.39
2016 109.80
2017 111.72
2018 116.41
2019 117.56
2020 115.71
2021 119.34

Development Relevance: A general and continuing increase in an economy’s price level is called inflation. The increase in the average prices of goods and services in the economy should be distinguished from a change in the relative prices of individual goods and services. Generally accompanying an overall increase in the price level is a change in the structure of relative prices, but it is only the average increase, not the relative price changes, that constitutes inflation. A commonly used measure of inflation is the consumer price index, which measures the prices of a representative basket of goods and services purchased by a typical household. The consumer price index is usually calculated on the basis of periodic surveys of consumer prices. Other price indices are derived implicitly from indexes of current and constant price series.

Limitations and Exceptions: Consumer price indexes should be interpreted with caution. The definition of a household, the basket of goods, and the geographic (urban or rural) and income group coverage of consumer price surveys can vary widely by country. In addition, weights are derived from household expenditure surveys, which, for budgetary reasons, tend to be conducted infrequently in developing countries, impairing comparability over time. Although useful for measuring consumer price inflation within a country, consumer price indexes are of less value in comparing countries.

Statistical Concept and Methodology: Consumer price indexes are constructed explicitly, using surveys of the cost of a defined basket of consumer goods and services.

Base Period: 2010

Periodicity: Annual

Classification

Topic: Financial Sector Indicators

Sub-Topic: Exchange rates & prices