Africa's top five import countries collectively accounted for half of the continent's imports in 2022
African countries imported products worth $694 billion in 2022, with South Africa, the continent's leading importer, bringing in products worth $111.9 billion, representing 16.1% of the total. Egypt followed with $79.7 billion, constituting 11.5%.
Djibouti’s inflation reached a peak in 2022, with 5.18%, the highest in the past decade.
The lowest inflation rate occurred in 2015, with a negative value of -0.85%.
From 2014 to 2023, Djibouti experienced fluctuating inflation, with increases in 2016, 2019, and 2022.
Between 2022 and 2023, inflation decreased from 5.18% to 1.50%.
The year 2018 saw the lowest inflation among positive rates, with a modest 0.15%.
The overall trend shows periodic inflation spikes, particularly in 2016, 2019, and 2022, while other years maintained relatively stable or lower inflation.