Inflation Gabon 2008

Average inflation: 4.1%

Current Inflation

Inflation is high at 4.1%, well above the ECB target.

Peak and Trough

The highest inflation was in August at 4.7%. The lowest inflation was in December at 3.4%.

Highest month
August: 4.7%
Lowest month
December: 3.4%
Difference
1.3 percentage points
Months with data
12 of 12

Historical Context

Current inflation is 2.3% higher than the 5-year average of 1.8%.

5-year average
1.8%
10-year average
1.8%
All-time high (1989)
6.6%
All-time low (2004)
0.2%

Trend

Inflation shows an upward trend. Compared to 2007, inflation has risen by +1.6 percentage point.

Change vs. previous year
+1.6 percentage points
Largest monthly swing
August: +2.4 percentage points

ECB Target

Inflation is 2.1% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.

What you could buy for €100 this year will cost approximately €104.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2008

Month overview

Month Inflation Difference vs. 2007
January 3.9% +1.6
February 3.7% +1.5
March 3.9% +1.3
April 3.6% +1.0
May 4.2% +1.8
June 4.4% +1.9
July 4.3% +1.7
August 4.7% +2.4
September 4.7% +2.1
October 4.4% +1.8
November 3.6% +0.7
December 3.4% +0.8
Average 4.1%

Data source

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

See also