The average inflation rate in Zambia was forecast to continuously decrease between 2024 and 2029 by in total 4.4 percentage points. The inflation is estimated to amount to seven percent in 2029. This indicator measures inflation based upon the year on year change in the average consumer price index. The latter expresses a country's average level of prices based on a typical basket of consumer goods and services. The values shown here refer to the year-on-year change in this index measure, expressed in percent.
Find more key insights for the average inflation rate in countries like Tanzania, Malawi and Kenya.
Zambia: Inflation rate from 1989 to 2029
(compared to the previous year)
Characteristic
Inflation rate compared to previous year
2029*
7%
2028*
7%
2027*
7%
2026*
7%
2025*
7.82%
2024*
11.37%
2023*
10.95%
2022
10.99%
2021
22.02%
2020
15.73%
2019
9.15%
2018
7.5%
2017
6.58%
2016
17.87%
2015
10.11%
2014
7.81%
2013
6.98%
2012
6.58%
2011
8.66%
2010
8.5%
2009
13.39%
2008
12.45%
2007
10.65%
2006
9.02%
2005
18.32%
2004
17.97%
2003
21.4%
2002
22.24%
2001
21.36%
2000
24.09%
1999
23.86%
1998
22.66%
1997
21.42%
1996
38.58%
1995
31.46%
1994
46.07%
1993
158.4%
1992
146.71%
1991
85.28%
1990
93.87%
1989
113.16%
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IMF. (April 22, 2024). Zambia: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph]. In Statista. Retrieved September 20, 2024, from https://www.statista.com/statistics/457704/inflation-rate-in-zambia/
IMF. "Zambia: Inflation rate from 1989 to 2029 (compared to the previous year)." Chart. April 22, 2024. Statista. Accessed September 20, 2024. https://www.statista.com/statistics/457704/inflation-rate-in-zambia/
IMF. (2024). Zambia: Inflation rate from 1989 to 2029 (compared to the previous year). Statista. Statista Inc.. Accessed: September 20, 2024. https://www.statista.com/statistics/457704/inflation-rate-in-zambia/
IMF. "Zambia: Inflation Rate from 1989 to 2029 (Compared to The Previous Year)." Statista, Statista Inc., 22 Apr 2024, https://www.statista.com/statistics/457704/inflation-rate-in-zambia/
IMF, Zambia: Inflation rate from 1989 to 2029 (compared to the previous year) Statista, https://www.statista.com/statistics/457704/inflation-rate-in-zambia/ (last visited September 20, 2024)
Zambia: Inflation rate from 1989 to 2029 (compared to the previous year) [Graph], IMF, April 22, 2024. [Online]. Available: https://www.statista.com/statistics/457704/inflation-rate-in-zambia/