Inflation Gabon 2002

Average inflation: 1.6%

Inflation in 2002

Inflation is low at 1.6%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in January at 2.3%. The lowest inflation was in September at 1.0%.

Highest month
January: 2.3%
Lowest month
September: 1.0%
Difference
1.3 percentage points
Months with data
12 of 12

Historical Context

Inflation is around the 5-year average of 2.0%.

5-year average
2%
10-year average
1.6%
All-time high (1983)
8.4%
All-time low (1996)
0.6%

Trend

Over the period 2000-2002, inflation shows a downward trend. Compared to 2001, inflation has fallen by 1.0 percentage points.

Change vs. previous year
-1.0 percentage points
Largest monthly swing
June: -2.0 percentage points

ECB Target

Inflation is 0.4 percentage points below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for FCFA 100 this year will cost approximately FCFA 102 next year at this inflation rate.

Multi-year trend

Monthly figures 2002

Month overview

Month Inflation Difference vs. 2001
January 2.3% -0.6
February 1.8% -1.0
March 1.8% -0.9
April 1.8% -1.2
May 1.3% -2.0
June 1.1% -2.0
July 1.7% -0.9
August 1.4% -1.1
September 1.0% -1.4
October 1.5% -0.6
November 1.6% -0.1
December 1.7% -0.1
Average 1.6%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also