Annual Inflation Visualization (Guinea)

Source: World Bank (1971-2023)

12.03% Historical average
69.66% Maximum recorded
0.43% Minimum recorded
53 Years of data

Historical Inflation Calculator for Guinea

Calculate how the value of money has changed between two specific years in Guinea.

Future Value Estimation

Estimate how the value of an amount of money will change in the future, given an average inflation rate.

Past Value Estimation

Estimate what the equivalent value of an amount of money would have been in the past, given an average inflation rate.

Historical inflation data for Guinea

Year Inflation (%) Change
2023 3.92% +1.12pp
2022 2.81% -9.18pp
2021 11.99% +7.74pp
2020 4.25% -5.15pp
2019 9.40% +2.34pp
2018 7.06% -3.30pp
2017 10.36% +4.69pp
2016 5.67% +2.70pp
2015 2.97% +0.36pp
2014 2.62% -1.71pp
2013 4.33% -7.19pp
2012 11.52% +2.52pp
2011 9.00% -7.10pp
2010 16.10% +14.33pp
2009 1.77% -14.93pp
2008 16.71% +3.09pp
2007 13.62% -23.97pp
2006 37.58% +10.19pp
2005 27.39% +10.87pp
2004 16.52% +0.61pp
2003 15.91% +15.48pp
2002 0.43% -1.32pp
2001 1.75% -4.55pp
2000 6.30% +2.07pp
1999 4.23% +0.90pp
1998 3.32% +1.89pp
1997 1.43% -0.11pp
1996 1.55% -4.41pp
1995 5.95% +4.52pp
1994 1.43% +0.75pp
1993 0.67% -25.55pp
1992 26.22% +0.40pp
1991 25.82% +8.54pp
1990 17.28% -5.04pp
1989 22.32% +0.66pp
1988 21.65% -5.61pp
1987 27.26% -42.40pp
1986 69.66% +50.66pp
1985 19.00% -6.25pp
1984 25.25% -4.07pp
1983 29.32% -0.35pp
1982 29.67% +21.03pp
1981 8.64% +2.40pp
1980 6.24% -1.40pp
1979 7.63% +5.47pp
1978 2.16% -2.45pp
1977 4.61% -1.59pp
1976 6.20% +1.38pp
1975 4.82% +0.67pp
1974 4.15% -5.82pp
1973 9.96% +4.39pp
1972 5.58% -0.04pp
1971 5.62% -

About Guinea inflation

Guinea inflation measures the annual percentage change in the general level of consumer prices. This indicator is essential to understand how the purchasing power of money varies over time. Our Guinea inflation calculator allows you to visualize these changes and calculate monetary equivalences between different years.

What is inflation?

Inflation is the sustained and generalized increase in the price level of goods and services in an economy over a period of time. When inflation rises, each monetary unit buys fewer products. The inflation rate is generally measured by the Consumer Price Index (CPI), which reflects changes in the cost of a representative basket of goods and services.

How to use this inflation calculator?

Our Guinea inflation calculator offers three tools: 1) Historical calculator: enter a value and select two years to see how purchasing power has changed. 2) Future value: estimate what your money will be worth in the future with a projected inflation rate. 3) Past value: calculate the equivalent of a current amount in the past.

Data provided by the World Bank (World Bank Open Data). Data is updated annually.

Frequently Asked Questions

What is the current inflation in Guinea?
According to the latest available World Bank data, Guinea inflation in 2023 was 3.92%. This inflation rate represents the annual percentage change in the consumer price index (CPI).
How to calculate cumulative inflation in Guinea?
To calculate cumulative inflation in Guinea, use our historical calculator. Enter an initial value, select the start year and end year. The calculator will multiply the value by each year's inflation factors to give you the equivalent value and total cumulative inflation in percentage.
What was the highest inflation recorded in Guinea?
You can check Guinea's historical inflation in the chart and table on this page. The data shows the evolution of the annual inflation rate from 1971 to 2023, allowing you to identify periods of highest and lowest inflation.
How does inflation affect purchasing power?
Inflation reduces the purchasing power of money over time. For example, if inflation is 3% per year, what costs $100 today will cost $103 next year. Our inflation calculator helps you visualize exactly how much the real value of your money has changed in Guinea.
What is the historical average inflation in Guinea?
The historical average inflation in Guinea can be calculated with the data on this page. Check the statistics in the chart section where we show the historical average, as well as the maximum and minimum values recorded during the period 1971-2023.
What is the CPI and how does it relate to inflation?
The CPI (Consumer Price Index) is an indicator that measures the price variation of a basket of goods and services representative of household consumption. The inflation rate is calculated as the percentage change in the CPI between two periods. Our Guinea inflation data is based on the official CPI.