Inflation Liberia 2020
Average inflation: 17.4%
Current Inflation
Inflation is very high at 17.4%, far above the ECB target.
Peak and Trough
The highest inflation was in February at 25.8%. The lowest inflation was in November at 10.4%.
- Highest month
- February: 25.8%
- Lowest month
- November: 10.4%
- Difference
- 15.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Energy with an average of 8.9%. The lowest price increase was in Energy with an average of 8.9%.
- Highest increase
- Energy: 8.9%
- Lowest increase
- Energy: 8.9%
Historical Context
Current inflation is around the 5-year average of 17.8%.
- 5-year average
- 17.8%
- 10-year average
- 13%
- All-time high (2019)
- 26.9%
- All-time low (2012)
- 6.9%
Trend
Inflation shows a downward trend. Compared to 2019, inflation has fallen by +9.5 percentage point.
- Change vs. previous year
- -9.5 percentage points
- Largest monthly swing
- September: -16.9 percentage points
ECB Target
Inflation is 15.4% 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 €117.40 next year at this inflation rate.
Multi-year trend
Monthly figures 2020
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2019 |
|---|---|---|
| January | 23.6% | +0.3 |
| February | 25.8% | +3.8 |
| March | 21.7% | -4.1 |
| April | 22.5% | -0.8 |
| May | 18.4% | -10.3 |
| June | 13.1% | -16.8 |
| July | 17.1% | -12.8 |
| August | 14.8% | -16.5 |
| September | 14.0% | -16.9 |
| October | 13.8% | -16.7 |
| November | 10.4% | -16.2 |
| December | 13.2% | -7.0 |
| Average | 17.4% |
Data source
Data from WorldBank. Last updated: 06/01/2026.