Inflation Equatorial Guinea 2022

Average inflation: 4.8%

Current Inflation

Inflation is high at 4.8%, well above the ECB target.

Peak and Trough

The highest inflation was in June at 6.1%. The lowest inflation was in January at 2.9%.

Highest month
June: 6.1%
Lowest month
January: 2.9%
Difference
3.2 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 5.6%. The lowest price increase was in Energy with an average of 2.5%.

Highest increase
Food: 5.6%
Lowest increase
Energy: 2.5%

Historical Context

Current inflation is 2.4% higher than the 5-year average of 2.4%. This approaches the highest level since records began (4.8% in 2022).

5-year average
2.4%
10-year average
2.3%
All-time high (2022)
4.8%
All-time low (2021)
-0.1%

Trend

Inflation has remained relatively stable. Compared to 2021, the difference is minimal (+4.9 percentage point).

Change vs. previous year
+4.9 percentage points
Largest monthly swing
June: +8.1 percentage points

ECB Target

Inflation is 2.8% 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 €104.80 next year at this inflation rate.

Multi-year trend

Monthly figures 2022

Inflation by category

Food
5.6%
+0.8vs avg.
More details →
Energy
2.5%
-2.3vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2021
January 2.9% +3.6
February 3.4% +4.6
March 4.0% +5.6
April 3.5% +4.7
May 5.1% +6.5
June 6.1% +8.1
July 5.6% +6.1
August 6.1% +6.1
September 5.8% +5.1
October 5.0% +3.1
November 4.9% +2.8
December 5.0% +2.1
Average 4.8%

Data source

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

See also