Inflation Rate in Eritrea increased to 4.70 percent in 2020 from -16.40 percent in 2019. source: AFDB

Inflation Rate in Eritrea averaged 10.39 percent from 1993 until 2020, reaching an all time high of 34.70 percent in 2009 and a record low of -16.40 percent in 2019. This page provides the latest reported value for - Eritrea Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Eritrea Inflation Rate - values, historical data and charts - was last updated on May of 2021.

Inflation Rate in Eritrea is expected to reach 2.00 percent by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Eritrea Inflation Rate is projected to trend around 4.00 percent in 2022 and 3.20 percent in 2023, according to our econometric models.

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Eritrea Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
4.70 -16.40 34.70 -16.40 1993 - 2020 percent Yearly

Eritrea Prices Last Previous Highest Lowest Unit
Inflation Rate 4.70 -16.40 34.70 -16.40 percent [+]


Eritrea Inflation Rate
In Eritrea, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.