Inflation Rate (CPI): Burkina Faso

Analysis# Burkina Faso Inflation Rate (CPI) Burkina Faso's inflation rate stands at 2.4% in 2026, reflecting relative price stability after decades of volatility. The country experienced its all-time peak of 24.7% in 1994 and touched deflation at -3.2% in 2019. Since 1980, the inflation rate has declined 80.5 percentage points overall, signaling a long-term shift toward more moderate price dynamics despite short-term fluctuations. Recent years reveal sharp swings in inflationary pressure. A dramatic spike to 13.8% in 2022 marked the most severe episode in over a quarter-century, likely driven by global commodity shocks and regional instability. However, inflation contracted sharply in 2023 to 0.9% before moderating to the current 2.4%. This trajectory suggests stabilization around low single-digit levels, though geopolitical factors in the Sahel region continue to pose downside risks to price predictability.