Inflation Rate 1981-2025
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 4.88%, a 2.47% decline from 2022.
- inflation rate for 2022 was 7.35%, a 4.82% increase from 2021.
- inflation rate for 2021 was 2.53%, a 1.93% increase from 2020.
- inflation rate for 2020 was 0.60%, a 1.02% decline from 2019.
| Similar Country Ranking | |
|---|---|
| Country Name | Inflation Rate (%) |
| Inflation Rate - Historical Data | ||
|---|---|---|
| Year | Inflation Rate (%) | Annual Change |
| 2023 | 4.88% | -2.47% |
| 2022 | 7.35% | 4.82% |
| 2021 | 2.53% | 1.93% |
| 2020 | 0.60% | -1.02% |
| 2019 | 1.62% | -0.27% |
| 2018 | 1.88% | 0.29% |
| 2017 | 1.59% | 1.14% |
| 2016 | 0.44% | 0.12% |
| 2015 | 0.32% | -0.71% |
| 2014 | 1.03% | -0.46% |
| 2013 | 1.49% | -1.17% |
| 2012 | 2.66% | -0.75% |
| 2011 | 3.41% | 1.33% |
| 2010 | 2.08% | 0.49% |
| 2009 | 1.59% | -3.05% |
| 2008 | 4.63% | 1.78% |
| 2007 | 2.85% | 0.19% |
| 2006 | 2.67% | 0.04% |
| 2005 | 2.62% | 0.43% |
| 2004 | 2.19% | 0.14% |
| 2003 | 2.06% | -0.02% |
| 2002 | 2.07% | -0.55% |
| 2001 | 2.63% | -0.06% |
| 2000 | 2.69% | 0.55% |
| 1999 | 2.14% | 0.18% |
| 1998 | 1.96% | -0.47% |
| 1997 | 2.43% | -0.50% |
| 1996 | 2.93% | -0.82% |
| 1995 | 3.75% | 0.88% |
| 1994 | 2.88% | -1.32% |
| 1993 | 4.20% | 0.17% |
| 1992 | 4.03% | -1.27% |
| 1991 | 5.30% | -0.11% |
| 1990 | 5.40% | 0.23% |
| 1989 | 5.17% | 0.89% |
| 1988 | 4.28% | 0.63% |
| 1987 | 3.65% | 0.81% |
| 1986 | 2.84% | -1.80% |
| 1985 | 4.64% | -1.35% |
| 1984 | 5.99% | -0.92% |
| 1983 | 6.91% | -1.98% |
| 1982 | 8.89% | -2.54% |
| 1981 | 11.43% | -2.54% |