Ethiopia vs Spain: Inflation

Inflation: 26.6% a year in Ethiopia in 2024 and 2.7% a year in Spain in 2025, by IMF estimates. In 2024 the value was higher in Ethiopia, by 23.7 percentage points, or 9.26 times that in Spain.

Watch it change on the map

% a year · IMF

EthiopiaSpainIMF projection (World Economic Outlook, October 2026)

What the numbers say

Ethiopia has been higher since 2003, when it overtook Spain.
The IMF projection (World Economic Outlook, October 2026) puts Ethiopia at 6.7% a year and Spain at 2% a year in 2031.

Every year

% a year · IMF

Year	Ethiopia	Spain
2025	16	2.7
2024	26.6	2.9
2023	32.5	3.4
2022	33.9	8.3
2021	20.2	3
2020	19.9	-0.3
2019	12.6	0.8
2018	14.5	1.7
2017	6.9	2
2016	9.7	-0.3
2015	7.7	-0.6
2014	8.1	-0.2
2013	13.5	1.5
2012	34.1	2.4
2011	18.1	3.1
2010	2.8	2
2009	36.4	-0.2
2008	25.3	4.1
2007	15.8	2.8
2006	12.3	3.6
2005	6.8	3.4
2004	8.6	3.1
2003	15.1	3.1
2002	-7.2	3.6
2001	-5.2	2.8
2000	6.2	3.5
1999	4.8	2.2
1998	3.6	1.8
1997	-6.4	1.9
1996	0.9	3.6
1995	13.4	4.7
1994	1.2	4.7
1993	10	4.6
1992	21	7.1
1991	20.9	5.9
1990	5.2	6.7
1989	9.6	6.8
1988	2.2	4.8
1987	-9.1	5.2
1986	5.6	8.8
1985	18.4	8.8
1984	-0.3	11.3
1983	3.6	12.2
1982	7.8	14.4
1981	–	14.6
1980	–	15.6

12.3Projected

IMF projection (World Economic Outlook, October 2026) · 2026–2031

Year	Ethiopia	Spain
2026	11.7	3.7
2027	12.3	2.7
2028	9.2	2.5
2029	7.8	2
2030	6.8	2
2031	6.7	2

Each country on its own

Good to know

How much consumer prices rose in a year, on average.
Source: IMF, World Economic Outlook, October 2026.
The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
Ranks count the 179 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Ethiopia vs Spain: Inflation

What the numbers say

Every year

Each country on its own

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