Inflation Rate in Eritrea decreased to 6.40 percent in 2023 from 7.50 percent in 2022. Inflation Rate in Eritrea averaged 9.98 percent from 1993 until 2023, reaching an all time high of 34.70 percent in 2009 and a record low of -16.40 percent in 2019. source: AFDB
Inflation Rate in Eritrea is expected to reach 4.20 percent by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Eritrea Inflation Rate is projected to trend around 3.90 percent in 2025 and 4.00 percent in 2026, according to our econometric models.