Top 10 African Nations with the highest inflation rates in 2023

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THE data below represents top 10 highest inflation rates in Africa as at July 31, 2023.

 

 

 

Rank Country Inflation rate
1. Zimbabwe 101%
2. Sierra Leone 44.81%
3. Ghana 43.1%
4. Egypt 36.5%
5. Ethiopia 28.8%
6. Malawi 27.3%
7. Nigeria 24.08%
8. Gambia 17.81%
9. Rwanda 17.3%
10. Angola 12.12%

 

 

 

Chinedu Okafor is a Senior Reporter at Business Insider Africa

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