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The World Economy at the Beginning of 1998

Table A.7. Developing countries: Consumer price inflation, 1988-1998a
(Annual percentage change)

  1988 1989 1990 1991 1992 1993 1994 1995 1996 1997b 1998c
All developing countries 126.9 370.6 534.4 81.6 132.9 254.1 134.6 20.9 16.6 15.1 10¾
                       
By region:                      
  Latin America 363.6 1128.6 1679.6 210.7 354.1 757.8 326.4 23.4 19.5 12.0
  Africa 18.3 19.8 16.1 96.0 172.3 112.5 244.7 40.6 34.2 47.2
  Western Asia 33.0 27.7 23.9 27.9 29.0 27.0 41.6 40.7 32.9 35.6 38½
Eastern and Southern Asia 6.3 5.9 14.8 9.5 7.2 5.7 7.1 6.8 6.2 5.7
  China 18.8 18.0 3.2 3.3 6.4 14.7 24.1 17.1 8.3 4.3
                       
Memo items:                      
  Sub-Saharan Africa 24.5 25.7 22.8 283.3 532.6 342.4 780.3 87.1 87.1 136.0 11
  Least developed countries 31.5 33.2 27.9 366.0 687.1 440.6 997.8 103.6 109.0 173.3 11¼

Sources: UN/DESA, based on IMF, International Financial Statistics.

a Weights used are GDP in 1993 dollars.
b Preliminary estimates based on data for part of the year.
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Copyright © United Nations
Department of Economic and Social Affairs
Comments and suggestions: esa@un.org
29 December 1997

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