Zambia — Inflation
Inflation, Consumer Prices (Annual %) for Zambia, 1986–2025.
Inflation for Zambia was 13.91% in 2025, according to the latest World Bank data. The series covers 40 years, from 1986 to 2025. The highest recorded value was 183.31% in 1993. The lowest was 6.43% in 2011 (about 2.2× the low point). Across that span the compound annual growth rate works out to -3.50% per year.
Zambia ranks 15 of 187 economies on this measure (1 = highest), putting it in the top 8%. The median for Sub-Saharan Africa is 3.51%, so Zambia sits above it. It peaked in 1993 and has fallen 92% since. Over the last decade (2015–2025) the figure moved up 38%. Within Sub-Saharan Africa it ranks 9 of 46 economies; Ethiopia (13.23%) is just below it. Its sharpest one-year move was up 142% in 1989. That is 10% above this series' own ten-year average.
Data highlights
From its 1986 level: doubled by 1989.
World ranking. Slipped: 8th of 126 in 1986 → 7th of 131 in 1990 → 13th of 163 in 2000 → 21st of 186 in 2010 → 11th of 178 in 2020 → 12th of 169 in 2025.
Key figures
Full history — 1986 to 2025
| Year | annual % | Change |
|---|---|---|
| 2025 | 13.91% | -1.1 pp |
| 2024 | 14.99% | +4.1 pp |
| 2023 | 10.88% | -0.1 pp |
| 2022 | 10.99% | -11.0 pp |
| 2021 | 22.02% | +6.3 pp |
| 2020 | 15.73% | +6.6 pp |
| 2019 | 9.15% | +1.7 pp |
| 2018 | 7.49% | +0.9 pp |
| 2017 | 6.58% | -11.3 pp |
| 2016 | 17.87% | +7.8 pp |
| 2015 | 10.11% | +2.3 pp |
| 2014 | 7.81% | +0.8 pp |
| 2013 | 6.98% | +0.4 pp |
| 2012 | 6.58% | +0.1 pp |
| 2011 | 6.43% | -2.1 pp |
| 2010 | 8.5% | -4.9 pp |
| 2009 | 13.4% | +0.9 pp |
| 2008 | 12.45% | +1.8 pp |
| 2007 | 10.66% | +1.6 pp |
| 2006 | 9.02% | -9.3 pp |
| 2005 | 18.32% | +0.4 pp |
| 2004 | 17.97% | -3.4 pp |
| 2003 | 21.4% | -0.8 pp |
| 2002 | 22.23% | +0.8 pp |
| 2001 | 21.39% | -4.6 pp |
| 2000 | 26.03% | -0.8 pp |
| 1999 | 26.79% | +2.3 pp |
| 1998 | 24.46% | +0.0 pp |
| 1997 | 24.42% | -18.7 pp |
| 1996 | 43.07% | +8.1 pp |
| 1995 | 34.93% | -19.7 pp |
| 1994 | 54.6% | -128.7 pp |
| 1993 | 183.31% | +17.6 pp |
| 1992 | 165.71% | +68.1 pp |
| 1991 | 97.64% | -9.4 pp |
| 1990 | 107.02% | -16.4 pp |
| 1989 | 123.4% | +72.4 pp |
| 1988 | 51% | +4.0 pp |
| 1987 | 47.05% | -8.8 pp |
| 1986 | 55.83% | — |
Frequently asked questions
What was Zambia’s Inflation in 1987?
47.05% (1987). The full year-by-year table above lists every published year, most recent first.
Are changes in this series measured in percentage points?
Yes. The series is a share expressed in annual %, so year-over-year movements in the Change column are percentage points (pp), not percent.
Is Zambia’s Inflation growing or shrinking?
Between 1986 and 2025 the series was shrinking overall: -75.1% in total — about 3.5% a year compounded.
Where does this data come from?
World Bank Open Data (CC BY-4.0), indicator FP.CPI.TOTL.ZG. Values are reproduced as published; this page only computes summary statistics such as change, CAGR and extremes.
What are the most recent published figures?
The last five published years: 2025: 13.91%; 2024: 14.99%; 2023: 10.88%; 2022: 10.99%; 2021: 22.02%. Earlier years are in the full-history table below.
Related data
FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.