Business
Inflation rate in 12 largest economies in Africa
Inflation rate of top 12 largest economies in Africa shows that Nigeria, emerging third largest economy, ranks highest with 32.2% inflation, trailed by Angola which is 8, with 30.5%, while Morocco has the list inflation at 1.3%, as at July 2024.
South Africa, which is the largest economy in Africa has inflation rate of 4.6%, and the second largest economy, Egypt has inflation rate of 26.2%.
Details largest economies in Africa and their inflation rates.
AFRICA’S LARGEST ECONOMIES & THEIR INFLATION RATES – JUL/AUG 2024
1 🇿🇦South Africa: 4.6%*
2 🇪🇬Egypt: 26.2%
3 🇩🇿Algeria: 6.42%*
4 🇳🇬Nigeria: 32.2%
5 🇪🇹Ethiopia: 17.2%
6 🇲🇦Morocco: 1.3%*
7 🇰🇪Kenya: 4.4%
8 🇦🇴Angola: 30.5%
9 🇹🇿Tanzania: 3.1%
10 🇬🇭Ghana: 20.4%
11 🇺🇬Uganda: 3.5%
12 🇹🇳Tunisia: 6.7%
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