Afghanistan Albania Algeria Angola Antigua and Barbuda Argentina Armenia Aruba Azerbaijan The Bahamas Bahrain Bangladesh Barbados Belarus Belize Benin Bhutan Bolivia Bosnia and Herzegovina Botswana Brazil Brunei Darussalam Bulgaria Burkina Faso Burundi Cabo Verde Cambodia Cameroon Central African Republic Chad Chile China Colombia Comoros Democratic Republic of the Congo Republic of Congo Costa Rica Côte d'Ivoire Croatia Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Eswatini Ethiopia
Fiji Gabon The Gambia Georgia Ghana Grenada Guatemala Guinea Guinea-Bissau Guyana Haiti Honduras Hungary India Indonesia Iran Iraq Jamaica Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyz Republic Lao P.D.R. Lebanon Lesotho Liberia Libya Madagascar Malawi Malaysia Maldives Mali Marshall Islands Mauritania Mauritius Mexico Micronesia Moldova Mongolia Montenegro Morocco Mozambique Myanmar Namibia Nauru Nepal Nicaragua Niger Nigeria North Macedonia Oman Pakistan Palau Panama
Papua New Guinea Paraguay Peru Philippines Poland Qatar Romania Russia Rwanda Samoa São Tomé and Príncipe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Solomon Islands Somalia South Africa South Sudan Sri Lanka St. Kitts and Nevis St. Lucia St. Vincent and the Grenadines Sudan1 Suriname Syria2 Tajikistan Tanzania Thailand Timor-Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Tuvalu Uganda Ukraine United Arab Emirates Uruguay Uzbekistan Vanuatu Venezuela Vietnam Yemen Zambia Zimbabwe
CPI: International Financial Statistics, IMF; County Statistical Offices
GDP, PPP (Current International $): The World Bank
We adopt GDP at PPP for each country’s weight in its sub-region and in the whole region. Then we take the weighted geometric mean of the country CPI to derive sub-regional and regional CPI:
Country i’s weight in African CPI:, where = ; African CPI: , i.e. weighted geometric mean of country CPI.
In this note, we use annual percentage change of CPI to denote inflation (deflation):