Inflation Ethiopia 2019
Average inflation: 15.7%
Current Inflation
Inflation is very high at 15.7%, far above the ECB target.
Peak and Trough
The highest inflation was in November at 20.8%. The lowest inflation was in January at 11.0%.
- Highest month
- November: 20.8%
- Lowest month
- January: 11.0%
- Difference
- 9.8 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 18.8%. The lowest price increase was in Energy with an average of 10.9%.
- Highest increase
- Food: 18.8%
- Lowest increase
- Energy: 10.9%
Historical Context
Current inflation is 4.1% higher than the 5-year average of 11.6%. This approaches the highest level since records began (15.7% in 2019).
- 5-year average
- 11.6%
- 10-year average
- 11.1%
- All-time high (2019)
- 15.7%
- All-time low (2016)
- 7.3%
Trend
Inflation shows an upward trend. Compared to 2018, inflation has risen by +1.8 percentage point.
- Change vs. previous year
- +1.8 percentage points
- Largest monthly swing
- November: +11.7 percentage points
ECB Target
Inflation is 13.7% 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 €100 this year will cost approximately €115.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2019
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2018 |
|---|---|---|
| January | 11.0% | -5.7 |
| February | 11.0% | -5.0 |
| March | 11.1% | -4.4 |
| April | 12.9% | -1.1 |
| May | 16.3% | +1.0 |
| June | 15.3% | -1.5 |
| July | 15.5% | +0.2 |
| August | 18.0% | +3.9 |
| September | 18.6% | +6.9 |
| October | 18.7% | +6.5 |
| November | 20.8% | +11.7 |
| December | 19.6% | +9.0 |
| Average | 15.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.