Inflation Guinea-Bissau 2022
Average inflation: 9.4%
Current Inflation
Inflation is very high at 9.4%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 12.7%. The lowest inflation was in January at 6.4%.
- Highest month
- August: 12.7%
- Lowest month
- January: 6.4%
- Difference
- 6.3 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 24.5%. The lowest price increase was in Food with an average of 12.4%.
- Highest increase
- Energy: 24.5%
- Lowest increase
- Food: 12.4%
Historical Context
Current inflation is 6.7% higher than the 5-year average of 2.7%. This approaches the highest level since records began (9.4% in 2022).
- 5-year average
- 2.7%
- 10-year average
- 1.8%
- All-time high (2022)
- 9.4%
- All-time low (2014)
- -1.5%
Trend
Inflation shows an upward trend. Compared to 2021, inflation has risen by +7.2 percentage point.
- Change vs. previous year
- +7.2 percentage points
- Largest monthly swing
- August: +11.1 percentage points
ECB Target
Inflation is 7.4% 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 €109.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2022
Month overview
| Month | Inflation | Difference vs. 2021 |
|---|---|---|
| January | 6.4% | +5.2 |
| February | 7.1% | +5.5 |
| March | 6.5% | +5.0 |
| April | 7.7% | +6.0 |
| May | 8.6% | +7.2 |
| June | 10.7% | +10.0 |
| July | 11.2% | +10.9 |
| August | 12.7% | +11.1 |
| September | 11.1% | +8.4 |
| October | 9.5% | +4.5 |
| November | 10.1% | +5.2 |
| December | 10.9% | +6.6 |
| Average | 9.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.