Inflation Benin 2020
Average inflation: 3.0%
Current Inflation
Inflation is high at 3.0%, well above the ECB target.
Peak and Trough
The highest inflation was in September at 4.8%. The lowest inflation was in January at 0.5%.
- Highest month
- September: 4.8%
- Lowest month
- January: 0.5%
- Difference
- 4.3 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 2.2% higher than the 5-year average of 0.8%.
- 5-year average
- 0.8%
- 10-year average
- 1.3%
- All-time high (2012)
- 6.7%
- All-time low (2016)
- -0.8%
Trend
Inflation shows an upward trend. Compared to 2019, inflation has risen by +2.3 percentage point.
- Change vs. previous year
- +2.3 percentage points
- Largest monthly swing
- September: +5.4 percentage points
ECB Target
Inflation is 1.0% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €103.00 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 0.5% | -2.0 |
| February | 3.4% | +2.0 |
| March | 2.1% | -0.8 |
| April | 3.2% | +3.2 |
| May | 2.2% | +0.6 |
| June | 3.9% | +4.5 |
| July | 4.0% | +3.5 |
| August | 4.7% | +5.1 |
| September | 4.8% | +5.4 |
| October | 4.4% | +4.8 |
| November | 2.1% | +0.5 |
| December | 1.1% | +0.8 |
| Average | 3.0% |
Data source
Data from WorldBank. Last updated: 06/01/2026.