Inflation Liberia 2017
Average inflation: 12.4%
Inflation in 2017
Inflation is very high at 12.4%, far above the ECB target.
Peak and Trough
The highest inflation was in December at 13.9%. The lowest inflation was in July at 10.5%.
- Highest month
- December: 13.9%
- Lowest month
- July: 10.5%
- Difference
- 3.4 percentage points
- Months with data
- 12 of 12
Historical Context
Inflation is 3.1 percentage points higher than the 5-year average of 9.3%.
- 5-year average
- 9.3%
- 10-year average
- 9.4%
- All-time high (2008)
- 17.5%
- All-time low (2012)
- 6.9%
Trend
Over the period 2015-2017, inflation shows an upward trend. Compared to 2016, inflation has risen by 3.6 percentage points.
- Change vs. previous year
- +3.6 percentage points
- Largest monthly swing
- January: +6.6 percentage points
ECB Target
Inflation is 10.4 percentage points 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 LRD 100 this year will cost approximately LRD 112.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2017
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2016 |
|---|---|---|
| January | 13.6% | +6.6 |
| February | 13.3% | +6.2 |
| March | 11.9% | +4.8 |
| April | 11.5% | +4.3 |
| May | 13.2% | +5.8 |
| June | 10.8% | +2.4 |
| July | 10.5% | +2.1 |
| August | 12.3% | +2.4 |
| September | 13.1% | +4.6 |
| October | 11.9% | +2.0 |
| November | 13.1% | +1.1 |
| December | 13.9% | +1.4 |
| Average | 12.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.