Liberia Inflation Rate

Liberia inflation rate for 2023 was 10.09%, a 2.5% increase from 2022.
  • Liberia inflation rate for 2022 was 7.59%, a 0.22% decline from 2021.
  • Liberia inflation rate for 2021 was 7.82%, a 9.14% decline from 2020.
  • Liberia inflation rate for 2020 was 16.96%, a 10.01% decline from 2019.
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.