Inflation Djibouti 2023
Average inflation: 10.8%
Inflation in 2023
Inflation is very high at 10.8%, far above the ECB target.
Peak and Trough
The highest inflation was in January at 17.5%. The lowest inflation was in September at 6.9%.
- Highest month
- January: 17.5%
- Lowest month
- September: 6.9%
- Difference
- 10.6 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 3.7 percentage points higher than the 5-year average of 7.1%.
- 5-year average
- 7.1%
- 10-year average
- 4.2%
- All-time high (2022)
- 15.1%
- All-time low (2015)
- 0.3%
Trend
Over the period 2021-2023, inflation shows an upward trend. Compared to 2022, inflation has fallen by 4.3 percentage points.
- Change vs. previous year
- -4.3 percentage points
- Largest monthly swing
- September: -11.1 percentage points
ECB Target
Inflation is 8.8 percentage points above the ECB target of 2.0%. This means purchasing power is declining faster than intended.
Purchasing Power
At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.
What you could buy for DJF 100 this year will cost approximately DJF 111 next year at this inflation rate.
Multi-year trend
Monthly figures 2023
Month overview
| Month | Inflation | Difference vs. 2022 |
|---|---|---|
| January | 17.5% | +7.6 |
| February | 16.7% | +5.6 |
| March | 15.0% | +2.3 |
| April | 12.7% | -1.5 |
| May | 11.1% | -4.9 |
| June | 9.7% | -7.5 |
| July | 8.8% | -8.7 |
| August | 8.5% | -8.7 |
| September | 6.9% | -11.1 |
| October | 8.5% | -6.6 |
| November | 7.3% | -8.9 |
| December | 6.9% | -8.9 |
| Average | 10.8% |
Data source
Data from WorldBank. Last updated: 06/01/2026.