Current inflation Côte d'Ivoire 2.1%
December 2024
Current Inflation
Inflation is high at 3.5%, well above the ECB target.
Historical Context
Current inflation is around the 5-year average of 3.9%.
- 5-year average
- 3.9%
- 10-year average
- 2.2%
- All-time high (2008)
- 6.3%
- All-time low (2019)
- -1.1%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +0.9 percentage point.
ECB Target
Inflation is 1.5% 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 €103.50 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- This year (avg.)
- 3.5%
- Last year
- 4.4%
- 5-year average
- 3.5%
- All-time high (2008)
- 6.3%