Inflation Liberia 2008
Average inflation: 17.5%
Current Inflation
Inflation is very high at 17.5%, far above the ECB target.
Peak and Trough
The highest inflation was in August at 26.5%. The lowest inflation was in December at 9.4%.
- Highest month
- August: 26.5%
- Lowest month
- December: 9.4%
- Difference
- 17.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 7.6%. The lowest price increase was in Energy with an average of 7.6%.
- Highest increase
- Energy: 7.6%
- Lowest increase
- Energy: 7.6%
Historical Context
Current inflation is 3.9% higher than the 5-year average of 13.6%. This approaches the highest level since records began (17.5% in 2008).
- 5-year average
- 13.6%
- 10-year average
- 13.6%
- All-time high (2008)
- 17.5%
- All-time low (2007)
- 11.4%
Trend
Inflation shows an upward trend. Compared to 2007, inflation has risen by +6.1 percentage point.
- Change vs. previous year
- +6.1 percentage points
- Largest monthly swing
- August: +16.6 percentage points
ECB Target
Inflation is 15.5% 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 €117.50 next year at this inflation rate.
Multi-year trend
Monthly figures 2008
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2007 |
|---|---|---|
| January | 16.5% | +4.5 |
| February | 14.8% | +1.8 |
| March | 14.3% | +3.1 |
| April | 11.7% | -1.8 |
| May | 19.2% | +9.1 |
| June | 21.9% | +9.4 |
| July | 21.3% | +8.7 |
| August | 26.5% | +16.6 |
| September | 20.0% | +7.3 |
| October | 18.6% | +10.0 |
| November | 15.5% | +6.0 |
| December | 9.4% | -2.3 |
| Average | 17.5% |
Data source
Data from WorldBank. Last updated: 06/01/2026.