Inflation Afghanistan 2023
Average inflation: -4.6%
Current Inflation
There is deflation with consumer prices declining by 4.6%.
Peak and Trough
The highest inflation was in January at 3.6%. The lowest inflation was in December at -9.7%.
- Highest month
- January: 3.6%
- Lowest month
- December: -9.7%
- Difference
- 13.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of -7.4%. The lowest price increase was in Food with an average of -7.4%.
- Highest increase
- Food: -7.4%
- Lowest increase
- Food: -7.4%
Historical Context
Current inflation is 9.0% lower than the 5-year average of 4.4%.
- 5-year average
- 4.4%
- 10-year average
- 3.6%
- All-time high (2008)
- 26.4%
- All-time low (2009)
- -6.2%
Trend
Inflation shows a downward trend. Compared to 2022, inflation has fallen by +18.4 percentage point.
- Change vs. previous year
- -18.4 percentage points
- Largest monthly swing
- July: -27.4 percentage points
ECB Target
Inflation is 6.6% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
Due to deflation, purchasing power increases. Money becomes more valuable instead of less.
What you could buy for €100 this year will cost approximately €95.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2023
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2022 |
|---|---|---|
| January | 3.6% | -10.3 |
| February | 3.5% | -11.8 |
| March | 1.9% | -13.2 |
| April | -1.0% | -16.5 |
| May | -2.8% | -18.2 |
| June | -6.5% | -24.0 |
| July | -9.1% | -27.4 |
| August | -8.1% | -24.8 |
| September | -9.1% | -22.7 |
| October | -8.1% | -18.3 |
| November | -9.2% | -18.3 |
| December | -9.7% | -14.9 |
| Average | -4.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.