Inflation Ethiopia 2020
Average inflation: 20.4%
Current Inflation
Inflation is very high at 20.4%, far above the ECB target.
Peak and Trough
The highest inflation was in April at 22.9%. The lowest inflation was in December at 18.2%.
- Highest month
- April: 22.9%
- Lowest month
- December: 18.2%
- Difference
- 4.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 23.2%. The lowest price increase was in Energy with an average of 20.4%.
- Highest increase
- Food: 23.2%
- Lowest increase
- Energy: 20.4%
Historical Context
Current inflation is 6.8% higher than the 5-year average of 13.6%. This approaches the highest level since records began (20.4% in 2020).
- 5-year average
- 13.6%
- 10-year average
- 12.1%
- All-time high (2020)
- 20.4%
- All-time low (2016)
- 7.3%
Trend
Inflation shows an upward trend. Compared to 2019, inflation has risen by +4.7 percentage point.
- Change vs. previous year
- +4.7 percentage points
- Largest monthly swing
- March: +11.4 percentage points
ECB Target
Inflation is 18.4% 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 €120.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 18.7% | +7.7 |
| February | 21.7% | +10.7 |
| March | 22.5% | +11.4 |
| April | 22.9% | +10.0 |
| May | 19.8% | +3.5 |
| June | 21.6% | +6.3 |
| July | 22.4% | +6.9 |
| August | 20.0% | +2.0 |
| September | 18.7% | +0.1 |
| October | 19.3% | +0.6 |
| November | 19.0% | -1.8 |
| December | 18.2% | -1.4 |
| Average | 20.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.