Inflation Gabon 1979
Average inflation: 7.5%
Current Inflation
Inflation is very high at 7.5%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 8.6%. The lowest inflation was in May at 6.5%.
- Highest month
- December: 8.6%
- Lowest month
- May: 6.5%
- Difference
- 2.1 percentage points
- Months with data
- 12 of 12
Historical Context
Current inflation is 4.4% lower than the 5-year average of 11.9%.
- 5-year average
- 11.9%
- 10-year average
- 11.1%
- All-time high (1975)
- 17.8%
- All-time low (1971)
- 6.5%
Trend
Inflation shows a downward trend. Compared to 1978, inflation has fallen by +0.4 percentage point.
- Change vs. previous year
- -0.4 percentage points
- Largest monthly swing
- February: -3.0 percentage points
ECB Target
Inflation is 5.5% 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 €107.50 next year at this inflation rate.
Multi-year trend
Monthly figures 1979
Month overview
| Month | Inflation | Difference vs. 1978 |
|---|---|---|
| January | 7.0% | -2.6 |
| February | 6.9% | -3.0 |
| March | 7.4% | -1.4 |
| April | 7.7% | -0.9 |
| May | 6.5% | -2.3 |
| June | 7.2% | -0.7 |
| July | 7.5% | 0.0 |
| August | 7.5% | +1.2 |
| September | 7.7% | +1.2 |
| October | 7.6% | +0.9 |
| November | 7.9% | +0.8 |
| December | 8.6% | +2.1 |
| Average | 7.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.