Inflation Benin 2021

Average inflation: 1.7%

Current Inflation

Inflation is low at 1.7%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in December at 5.0%. The lowest inflation was in February at -1.8%.

Highest month
December: 5.0%
Lowest month
February: -1.8%
Difference
6.8 percentage points
Months with data
12 of 12

Historical Context

Current inflation is around the 5-year average of 1.3%.

5-year average
1.3%
10-year average
1.2%
All-time high (2012)
6.7%
All-time low (2016)
-0.8%

Trend

Inflation has remained relatively stable. Compared to 2020, the difference is minimal (-1.3 percentage point).

Change vs. previous year
-1.3 percentage points
Largest monthly swing
February: -5.2 percentage points

ECB Target

Inflation is 0.3% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.70 next year at this inflation rate.

Multi-year trend

Monthly figures 2021

Month overview

Month Inflation Difference vs. 2020
January -0.5% -1.0
February -1.8% -5.2
March -0.5% -2.6
April 0.5% -2.7
May 1.7% -0.5
June 4.6% +0.7
July 2.7% -1.3
August 1.4% -3.3
September 2.9% -1.9
October 2.3% -2.1
November 2.5% +0.4
December 5.0% +3.9
Average 1.7%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also