Zimbabwe's inflation, consumer prices (annual % growth) was 104.71% in 2022, the latest year in the World Bank's World Development Indicators. That is up 100.98 percentage points from 3.73% in 2012.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 104.71% | 2022 |
| Five years earlier | 0.89% | 2017 |
| Ten years earlier | 3.73% | 2012 |
| Highest | 557.2% | 2020 |
| Lowest | -2.43% | 2015 |
| Average since 2013 | 102.47% | 2013–2022 |
| First recorded | 3.02% | 2010 |
What the numbers say
In 2022, Zimbabwe's inflation, consumer prices (annual % growth) rose 6.16 percentage points on 2021 (from 98.55% to 104.71%).
Across the 11 yearly changes before that (2011 to 2021), the average change was +8.68 percentage points and a typical year strayed about 189.91 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 301.9 percentage points in 2020 and the biggest yearly fall was 458.66 percentage points in 2021. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2013 to 2022 there is no clear straight-line trend: a straight line explains 28% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
See how every economy compares in the full ranking.
| Value | Year | |
|---|---|---|
| Zimbabwe | 104.71% | 2022 |
| World | 3.04% | 2025 |
| Sub-Saharan Africa | 3.4% | 2025 |
| Lower middle income | 3.56% | 2025 |
Closest to Zimbabwe in the 2022 ranking
- Sudan — 1st of 3: 138.81%
- Micronesia, Fed. Sts. — 3rd of 3: 5.41%
What this measures
Inflation as measured by the consumer price index reflects the annual percentage change 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.
Regional and income-group figures are computed by the World Bank as a median.
All 13 values
| Year | Inflation, consumer prices (annual % growth) |
|---|---|
| 2022 | 104.71 |
| 2021 | 98.55 |
| 2020 | 557.2 |
| 2019 | 255.3 |
| 2018 | 10.62 |
| 2017 | 0.894 |
| 2016 | -1.54 |
| 2015 | -2.43 |
| 2014 | -0.1978 |
| 2013 | 1.63 |
| 2012 |
Inflation, consumer prices (annual % growth) in nearby economies
- Angola — 20.16% (2025)
- Benin — 1.1% (2025)
- Botswana — 2.66% (2025)
- Burkina Faso — -0.59% (2025)
- Burundi — 34.13% (2025)
- Cabo Verde — 2.34% (2025)
- Cameroon — 3.4% (2025)
- Central African Republic — 1% (2025)
- Chad — -3.91% (2025)
- Comoros — 3.25% (2025)
More financial sector data for Zimbabwe
- GDP deflator (base year varies by country) — 2,193 (2025)
- DEC alternative conversion factor (LCU per US$) — US$31.8 (2025)
- Inflation, GDP deflator (annual % growth) — 83.12% (2025)
- Official exchange rate (LCU per US$, period average) — US$26.6 (2025)
- Net foreign assets (current LCU) — 1.55 billion (2023)
- Net domestic credit (current LCU) — 5.59 billion (2023)
- Broad money (current LCU) — 7.57 billion (2023)
- Broad money (% of GDP) — 11.2% (2023)
- Broad money to total reserves ratio — 34.79 (2023)
- Claims on central government, etc. (% of GDP)
Reading data like this
Questions people ask
- What is Zimbabwe's inflation, consumer prices (annual % growth)?
- 104.71% in 2022, according to the World Bank (World Development Indicators).
- How has it changed since 2010?
- It is up 101.68 percentage points from 3.02% in 2010. The highest value was 557.2% in 2020 and the lowest -2.43% in 2015.
- Is the latest change in inflation, consumer prices (annual % growth) unusual for Zimbabwe?
- In 2022, Zimbabwe's inflation, consumer prices (annual % growth) rose 6.16 percentage points on 2021 (from 98.55% to 104.71%). Across the 11 yearly changes before that (2011 to 2021), the average change was +8.68 percentage points and a typical year strayed about 189.91 percentage points from that (the standard deviation). This year's change was 0.0 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
- The World Bank's World Development Indicators, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF).
Source
World Bank, World Development Indicators, indicator FP.CPI.TOTL.ZG, licensed CC BY 4.0. Original source: International Financial Statistics database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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