Inflation Rate 1966-2025
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- inflation rate for 2023 was 5.87%, a 1.33% decline from 2022.
- inflation rate for 2022 was 7.20%, a 3.16% increase from 2021.
- inflation rate for 2021 was 4.04%, a 1.09% increase from 2020.
- inflation rate for 2020 was 2.95%, a 0.19% increase from 2019.
| Similar Country Ranking | |
|---|---|
| Country Name | Inflation Rate (%) |
| Inflation Rate - Historical Data | ||
|---|---|---|
| Year | Inflation Rate (%) | Annual Change |
| 2023 | 5.87% | -1.33% |
| 2022 | 7.20% | 3.16% |
| 2021 | 4.04% | 1.09% |
| 2020 | 2.95% | 0.19% |
| 2019 | 2.76% | -1.22% |
| 2018 | 3.98% | 0.51% |
| 2017 | 3.47% | 0.09% |
| 2016 | 3.37% | 0.28% |
| 2015 | 3.10% | -0.92% |
| 2014 | 4.02% | -0.81% |
| 2013 | 4.82% | -0.19% |
| 2012 | 5.02% | -0.79% |
| 2011 | 5.81% | 1.41% |
| 2010 | 4.40% | 0.02% |
| 2009 | 4.37% | -6.07% |
| 2008 | 10.45% | 4.27% |
| 2007 | 6.18% | 0.49% |
| 2006 | 5.69% | 0.87% |
| 2005 | 4.82% | 0.39% |
| 2004 | 4.44% | -1.02% |
| 2003 | 5.45% | 1.21% |
| 2002 | 4.24% | 0.49% |
| 2001 | 3.75% | -0.15% |
| 2000 | 3.90% | -1.12% |
| 1999 | 5.02% | -1.40% |
| 1998 | 6.42% | -0.60% |
| 1997 | 7.02% | -1.50% |
| 1996 | 8.52% | -1.50% |
| 1995 | 10.02% | 0.43% |
| 1994 | 9.59% | -0.38% |
| 1993 | 9.97% | -0.55% |
| 1992 | 10.53% | -4.52% |
| 1991 | 15.05% | 3.14% |
| 1990 | 11.91% | 2.83% |
| 1989 | 9.08% | 0.09% |
| 1988 | 8.98% | -0.77% |
| 1987 | 9.75% | -0.25% |
| 1986 | 10.00% | 0.65% |
| 1985 | 9.35% | 0.86% |
| 1984 | 8.50% | -1.75% |
| 1983 | 10.24% | 0.02% |
| 1982 | 10.22% | -2.19% |
| 1981 | 12.41% | -2.27% |
| 1980 | 14.68% | 3.14% |
| 1979 | 11.54% | 2.23% |
| 1978 | 9.31% | -2.84% |
| 1977 | 12.16% | 2.03% |
| 1976 | 10.12% | -2.76% |
| 1975 | 12.88% | -6.19% |
| 1974 | 19.07% | 6.99% |
| 1973 | 12.08% | 6.01% |
| 1972 | 6.08% | 1.88% |
| 1971 | 4.20% | 0.38% |
| 1970 | 3.81% | 0.84% |
| 1969 | 2.98% | 0.90% |
| 1968 | 2.08% | 0.10% |
| 1967 | 1.98% | -2.50% |
| 1966 | 4.48% | -2.50% |