Inflation Samoa 2023
Average inflation: 8.1%
Current Inflation
Inflation is very high at 8.1%, far above the ECB target.
Peak and Trough
The highest inflation was in April at 12.4%. The lowest inflation was in September at 1.3%.
- Highest month
- April: 12.4%
- Lowest month
- September: 1.3%
- Difference
- 11.1 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 16.2%. The lowest price increase was in Energy with an average of 0.8%.
- Highest increase
- Food: 16.2%
- Lowest increase
- Energy: 0.8%
Historical Context
Current inflation is 3.7% higher than the 5-year average of 4.4%.
- 5-year average
- 4.4%
- 10-year average
- 3%
- All-time high (2008)
- 11.5%
- All-time low (2020)
- -1.5%
Trend
Inflation shows an upward trend. Compared to 2022, inflation has risen by -2.8 percentage point.
- Change vs. previous year
- -2.8 percentage points
- Largest monthly swing
- September: -14.0 percentage points
ECB Target
Inflation is 6.1% 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 €108.10 next year at this inflation rate.
Multi-year trend
Monthly figures 2023
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2022 |
|---|---|---|
| January | 11.6% | +0.8 |
| February | 11.8% | +2.6 |
| March | 11.7% | +3.2 |
| April | 12.4% | +2.9 |
| May | 12.1% | +3.2 |
| June | 10.6% | -0.3 |
| July | 6.9% | -6.0 |
| August | 2.3% | -12.9 |
| September | 1.3% | -14.0 |
| October | 3.6% | -8.8 |
| November | 6.3% | -3.9 |
| December | 6.5% | -1.0 |
| Average | 8.1% |
Data source
Data from WorldBank. Last updated: 06/01/2026.