CPIA quality of budgetary and financial management rating (1=low to 6=high) in Africa Western and Central stood at 3.175 in 2025, according to World Bank. The latest value is up 3.3% from 3.075 in 2024. Ten years earlier, in 2015, the value was 3.1 (up 2.4% since). The highest value since 2005 was 3.2 in 2019, the lowest 3 in 2008.
Data source: World Bank · Category: Macroeconomics · Explore more indicators on EconDash
CPIA quality of budgetary and financial management rating (1=low to 6=high) tracks changes in the price level of goods and services in Africa Western and Central. It serves as a primary gauge of purchasing power and cost of living, directly affecting consumer budgets, wage negotiations, and central bank interest rate decisions. Economists distinguish between "headline" inflation (all items) and "core" inflation (excluding volatile food and energy prices) to better understand underlying price trends. In Africa Western and Central, this metric is calculated by statistical agencies through regular surveys of thousands of retail prices across urban and rural areas. The resulting index allows comparisons over time: a value of 120 compared to a base of 100 means prices have risen 20% since the base period. Policymakers typically target a modest positive inflation rate (often around 2%) rather than zero, believing this encourages spending and investment while providing a buffer against deflation.
CPIA quality of budgetary and financial management rating (1=low to 6=high) in Africa Western and Central stood at 3.175 in 2025, according to World Bank.
The latest value is up 3.3% from 3.075 in 2024. Ten years earlier, in 2015, the value was 3.1 (up 2.4% since).
The highest value since 2005 was 3.2 in 2019, the lowest 3 in 2008.
| Indicator | CPIA quality of budgetary and financial management rating (1=low to 6=high) |
|---|---|
| Country | Africa Western and Central |
| Category | Macroeconomics |
| Source | World Bank |
| Interactive chart | View on EconDash |
| API access | EconDash API documentation |
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World Bank. (2026). CPIA quality of budgetary and financial management rating (1=low to 6=high) — Africa Western and Central [Data set]. Retrieved November 13, 2026, from EconDash: https://econdash.org/chart/wdi-iq-cpa-finq-xq/AFW. Original source: https://data.worldbank.org/indicator/IQ.CPA.FINQ.XQ
World Bank. "CPIA quality of budgetary and financial management rating (1=low to 6=high) — Africa Western and Central." EconDash, 2026, https://econdash.org/chart/wdi-iq-cpa-finq-xq/AFW. Accessed 13 Nov. 2026. Original source: https://data.worldbank.org/indicator/IQ.CPA.FINQ.XQ.
World Bank. 2026. "CPIA quality of budgetary and financial management rating (1=low to 6=high) — Africa Western and Central." EconDash. Accessed November 13, 2026. https://econdash.org/chart/wdi-iq-cpa-finq-xq/AFW. Original source: https://data.worldbank.org/indicator/IQ.CPA.FINQ.XQ.
@misc{econdash_wdi_iq_cpa_finq_xq_afw,
author = {{World Bank}},
title = {{CPIA quality of budgetary and financial management rating (1=low to 6=high) --- Africa Western and Central}},
howpublished = {EconDash},
year = {2026},
url = {https://econdash.org/chart/wdi-iq-cpa-finq-xq/AFW},
note = {Accessed: 2026-11-13. Original source: https://data.worldbank.org/indicator/IQ.CPA.FINQ.XQ}
}Browse indicators available for Africa Western and Central. Click any indicator to view its interactive chart, compare with other countries, and download historical data.
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