Sub-Saharan Africa
Kenya Inflation
Annual percentage change in consumer prices (CPI).
Latest Value
4.5%
As of 2024
YoY Change
-41.5%
2023 → 2024
Record High
46.0%
Recorded in 1993
Record Low
-0.2%
Recorded in 1969
10-Year Average
6.2%
2015–2024
Data Range
1960–2024
65 data points
Source
World Bank
Code: FP.CPI.TOTL.ZG
Historical Trend
1960 – 2024
Analysis
Kenya's inflation rate of 4.49% in 2024 indicates a relatively stable economy. This is near the lower end of the Central Bank of Kenya's target range of 2.5-7.5%, suggesting that the country is managing to keep price increases under control. This stability is likely due to a combination of monetary policy and favorable economic conditions.
Historical Data
| Value | YoY Change | Change % | |
|---|---|---|---|
| 2024 | 4.5% | 3.2% | -41.5% |
| 2023 | 7.7% | 0.0% | +0.2% |
| 2022 | 7.7% | 1.6% | +25.4% |
| 2021 | 6.1% | 0.7% | +13.0% |
| 2020 | 5.4% | 0.2% | +3.2% |
| 2019 | 5.2% | 0.5% | +11.7% |
| 2018 | 4.7% | 3.3% | -41.4% |
| 2017 | 8.0% | 1.7% | +27.1% |
| 2016 | 6.3% | 0.3% | -4.3% |
| 2015 | 6.6% | 0.3% | -4.3% |
Source: World Bank Open Data · 1960–2024
Neighbouring Countries Ranking
Sub-Saharan Africa · Inflation
Similar Rankings
Global · Inflation
