Inflation Rate 1960-2024
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 2022 was 7.17%, a 4.67% increase from 2021.
- inflation rate for 2021 was 2.50%, a 1.93% increase from 2020.
- inflation rate for 2020 was 0.57%, a 1.04% decline from 2019.
- inflation rate for 2019 was 1.61%, a 0.2% decline from 2018.
| Similar Country Ranking | |
|---|---|
| Country Name | Inflation Rate (%) |
| Inflation Rate - Historical Data | ||
|---|---|---|
| Year | Inflation Rate (%) | Annual Change |
| 2022 | 7.17% | 4.67% |
| 2021 | 2.50% | 1.93% |
| 2020 | 0.57% | -1.04% |
| 2019 | 1.61% | -0.20% |
| 2018 | 1.81% | 0.23% |
| 2017 | 1.59% | 1.09% |
| 2016 | 0.49% | 0.18% |
| 2015 | 0.31% | -0.72% |
| 2014 | 1.03% | -0.45% |
| 2013 | 1.48% | -1.11% |
| 2012 | 2.59% | -0.75% |
| 2011 | 3.34% | 1.32% |
| 2010 | 2.02% | 0.46% |
| 2009 | 1.56% | -2.99% |
| 2008 | 4.55% | 1.78% |
| 2007 | 2.77% | 0.28% |
| 2006 | 2.50% | -0.06% |
| 2005 | 2.56% | 0.42% |
| 2004 | 2.14% | 0.09% |
| 2003 | 2.05% | 0.00% |
| 2002 | 2.06% | -0.54% |
| 2001 | 2.60% | -0.03% |
| 2000 | 2.63% | 0.69% |
| 1999 | 1.94% | -0.01% |
| 1998 | 1.96% | -0.38% |
| 1997 | 2.34% | -0.51% |
| 1996 | 2.85% | -0.51% |
| 1995 | 3.36% | 0.61% |
| 1994 | 2.75% | -1.35% |
| 1993 | 4.09% | 0.07% |
| 1992 | 4.02% | -1.01% |
| 1991 | 5.04% | -0.37% |
| 1990 | 5.40% | 0.32% |
| 1989 | 5.08% | 0.67% |
| 1988 | 4.40% | 0.74% |
| 1987 | 3.66% | 0.73% |
| 1986 | 2.93% | -1.71% |
| 1985 | 4.64% | -1.35% |
| 1984 | 5.99% | -0.92% |
| 1983 | 6.91% | -1.98% |
| 1982 | 8.89% | -2.54% |
| 1981 | 11.43% | -2.11% |
| 1980 | 13.53% | 13.53% |
| 1979 | 0.00% | 0.00% |
| 1978 | 0.00% | 0.00% |
| 1977 | 0.00% | 0.00% |
| 1976 | 0.00% | 0.00% |
| 1975 | 0.00% | 0.00% |
| 1974 | 0.00% | 0.00% |
| 1973 | 0.00% | 0.00% |
| 1972 | 0.00% | 0.00% |
| 1971 | 0.00% | 0.00% |
| 1970 | 0.00% | 0.00% |
| 1969 | 0.00% | 0.00% |
| 1968 | 0.00% | 0.00% |
| 1967 | 0.00% | 0.00% |
| 1966 | 0.00% | 0.00% |
| 1965 | 0.00% | 0.00% |
| 1964 | 0.00% | 0.00% |
| 1963 | 0.00% | 0.00% |
| 1962 | 0.00% | 0.00% |
| 1961 | 0.00% | 0.00% |
| 1960 | 0.00% | 0.00% |