US EditionTop 10 Countries in Africa that have Experienced Hyper-Inflation since Independence
Summary by The African Exponent
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Top 10 Countries in Africa that have Experienced Hyper-Inflation since Independence
In SummaryIn the 1990s, Angola and DR Congo experienced inflation reaching an average of 476% and 716%, respectively.Between 2007 and 2008, Zimbabwe experienced an alarming hyperinflation, with prices of goods in the country doubling every 24 hours.Inflation has been constant in Africa since the mid-1970s, with the annual inflation rate averaging more than 15 percent yearly.Deep Dive!Hyper-inflation refers to a situation in a country where infla…
·Tanzania, United Republic of
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