Inflation Guinea 2021
Average inflation: 12.6%
Current Inflation
Inflation is very high at 12.6%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 13.5%. The lowest inflation was in June at 12.2%.
- Highest month
- August: 13.5%
- Lowest month
- June: 12.2%
- Difference
- 1.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 15.8%. The lowest price increase was in Energy with an average of 6.0%.
- Highest increase
- Food: 15.8%
- Lowest increase
- Energy: 6.0%
Historical Context
Current inflation is 2.3% higher than the 5-year average of 10.3%.
- 5-year average
- 10.3%
- 10-year average
- 10.5%
- All-time high (2008)
- 26.6%
- All-time low (2009)
- 4.8%
Trend
Inflation shows an upward trend. Compared to 2020, inflation has risen by +2.0 percentage point.
- Change vs. previous year
- +2.0 percentage points
- Largest monthly swing
- January: +3.5 percentage points
ECB Target
Inflation is 10.6% 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 €112.60 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 12.6% | +3.5 |
| February | 12.6% | +3.3 |
| March | 12.3% | +2.8 |
| April | 12.4% | +0.8 |
| May | 12.4% | +0.9 |
| June | 12.2% | +0.9 |
| July | 12.3% | +1.0 |
| August | 13.5% | +2.5 |
| September | 13.1% | +2.5 |
| October | 12.7% | +1.9 |
| November | 12.6% | +1.9 |
| December | 12.5% | +1.9 |
| Average | 12.6% |
Data source
Data from WorldBank. Last updated: 06/01/2026.