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 4.23%, a 2.81% decline from 2022.
- inflation rate for 2022 was 7.04%, a 4.61% increase from 2021.
- inflation rate for 2021 was 2.43%, a 1.51% increase from 2020.
- inflation rate for 2020 was 0.92%, a 0.45% decline from 2019.
| Similar Country Ranking | |
|---|---|
| Country Name | Inflation Rate (%) |
| Inflation Rate - Historical Data | ||
|---|---|---|
| Year | Inflation Rate (%) | Annual Change |
| 2023 | 4.23% | -2.81% |
| 2022 | 7.04% | 4.61% |
| 2021 | 2.43% | 1.51% |
| 2020 | 0.92% | -0.45% |
| 2019 | 1.37% | -1.08% |
| 2018 | 2.45% | 0.69% |
| 2017 | 1.76% | 1.19% |
| 2016 | 0.57% | -0.53% |
| 2015 | 1.10% | -0.24% |
| 2014 | 1.34% | -1.70% |
| 2013 | 3.04% | -1.00% |
| 2012 | 4.04% | -0.20% |
| 2011 | 4.24% | 1.29% |
| 2010 | 2.95% | 0.30% |
| 2009 | 2.66% | -6.26% |
| 2008 | 8.91% | 3.90% |
| 2007 | 5.01% | 1.58% |
| 2006 | 3.43% | 0.42% |
| 2005 | 3.01% | -0.11% |
| 2004 | 3.12% | 0.81% |
| 2003 | 2.31% | -0.49% |
| 2002 | 2.80% | -0.61% |
| 2001 | 3.41% | -0.60% |
| 2000 | 4.02% | 0.72% |
| 1999 | 3.30% | 0.72% |
| 1998 | 2.58% | -3.93% |
| 1997 | 6.51% | 2.03% |
| 1996 | 4.47% | -1.26% |
| 1995 | 5.73% | 1.94% |
| 1994 | 3.79% | -1.53% |
| 1993 | 5.32% | 1.37% |
| 1992 | 3.95% | -2.86% |
| 1991 | 6.81% | 2.31% |
| 1990 | 4.50% | -0.05% |
| 1989 | 4.56% | 0.48% |
| 1988 | 4.07% | 0.76% |
| 1987 | 3.32% | -2.56% |
| 1986 | 5.88% | 3.52% |
| 1985 | 2.35% | -3.64% |
| 1984 | 5.99% | 0.67% |
| 1983 | 5.32% | -2.34% |
| 1982 | 7.66% | -3.39% |
| 1981 | 11.04% | -3.39% |