Inflation Rate (CPI): Ethiopia
Ethiopia's inflation rate (cpi) is currently 9.4% as of 2026. # Ethiopia Inflation Rate (CPI) Ethiopia's inflation rate stands at 9.
Current (2026)
9.4%
-27.7% y/y
Peak (2008)
44.4%
Low (1987)
-9.1%
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Inflation Rate (CPI) — Ethiopia
1980 — 2026
Inflation Rate (CPI) — Ethiopia
Analysis# Ethiopia Inflation Rate (CPI)
Ethiopia's inflation rate stands at 9.4% in 2026, reflecting a significant cooling from recent peaks. The country experienced its worst inflationary period in 2008, when CPI inflation reached 44.4%, while deflation of 9.1% occurred in 1987. Since 1980, Ethiopia's inflation has declined 24.2 percentage points overall, though the path has been volatile and marked by severe episodes.
A dramatic surge between 2017 and 2022 saw inflation climb from 10.7% to 33.9%, driven by currency depreciation and supply-chain disruptions. The subsequent three-year decline—from 30.2% in 2023 to the current 9.4%—signals improved monetary stability and economic adjustment. Projections suggest inflation may continue moderating, indicating that policymakers have gained traction in restoring price stability after years of escalating pressure.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | 9.4% | +0.00% |
| 2029 | 9.4% | +0.00% |
| 2028 | 9.4% | +0.00% |
| 2027 | 9.4% | +0.00% |
| 2026 | 9.4% | -27.69% |
| 2025 | 13.0% | -38.10% |
| 2024 | 21.0% | -30.46% |
| 2023 | 30.2% | -10.91% |
| 2022 | 33.9% | +26.49% |
| 2021 | 26.8% | +31.37% |
| 2020 | 20.4% | +29.11% |
| 2019 | 15.8% | +14.49% |
| 2018 | 13.8% | +28.97% |
| 2017 | 10.7% | +62.12% |
| 2016 | 6.6% | -31.25% |
| 2015 | 9.6% | +29.73% |
| 2014 | 7.4% | -8.64% |
| 2013 | 8.1% | -66.39% |
| 2012 | 24.1% | -27.41% |
| 2011 | 33.2% | +309.88% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | 8.1% | -4.71% |
| 2009 | 8.5% | -80.86% |
| 2008 | 44.4% | +158.14% |
| 2007 | 17.2% | +26.47% |
| 2006 | 13.6% | +16.24% |
| 2005 | 11.7% | +265.63% |
| 2004 | 3.2% | -82.02% |
| 2003 | 17.8% | +947.06% |
| 2002 | 1.7% | +120.73% |
| 2001 | -8.2% | -1271.43% |
| 2000 | 0.7% | -91.14% |
| 1999 | 7.9% | +119.44% |
| 1998 | 3.6% | +156.25% |
| 1997 | -6.4% | -811.11% |
| 1996 | 0.9% | -93.28% |
| 1995 | 13.4% | +1016.67% |
| 1994 | 1.2% | -88.00% |
| 1993 | 10.0% | -52.38% |
| 1992 | 21.0% | +0.48% |
| 1991 | 20.9% | +301.92% |
| 1990 | 5.2% | -45.83% |
| 1989 | 9.6% | +336.36% |
| 1988 | 2.2% | +124.18% |
| 1987 | -9.1% | -265.45% |
| 1986 | 5.5% | -70.11% |
| 1985 | 18.4% | +6233.33% |
| 1984 | -0.3% | -108.33% |
| 1983 | 3.6% | -53.85% |
| 1982 | 7.8% | +310.53% |
| 1981 | 1.9% | -84.68% |
| 1980 | 12.4% | — |
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