Current inflation South Sudan 112.6%
October 2024
Current Inflation
Inflation is very high at 112.6%, far above the ECB target.
Historical Context
Inflation is 91.4 percentage points higher than the 5-year average of 21.2%.
- 5-year average
- 21.2%
- 10-year average
- 93.1%
- All-time high (2016)
- 351.5%
- All-time low (2022)
- -6.5%
Trend
Over the period 2022-2024, inflation shows an upward trend. Compared to 2023, average inflation in 2024 through October has risen by 62.3 percentage points.
ECB Target
Inflation is 110.6 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 SSP 100 this year will cost approximately SSP 212.60 next year at this inflation rate.
Last 12 months
5-year trend
Statistics
- Average 2024 through October
- 65.0%
- Last year
- 2.7%
- 5-year average
- 21.2%
- All-time high (2016)
- 351.5%