Inflation Rate 1986-2025
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 7.25%, a 1.52% decline from 2022.
- inflation rate for 2022 was 8.78%, a 4.55% increase from 2021.
- inflation rate for 2021 was 4.22%, a 0.82% increase from 2020.
- inflation rate for 2020 was 3.40%, a 1.02% increase from 2019.
| Similar Country Ranking | |
|---|---|
| Country Name | Inflation Rate (%) |
| Inflation Rate - Historical Data | ||
|---|---|---|
| Year | Inflation Rate (%) | Annual Change |
| 2023 | 7.25% | -1.52% |
| 2022 | 8.78% | 4.55% |
| 2021 | 4.22% | 0.82% |
| 2020 | 3.40% | 1.02% |
| 2019 | 2.38% | -0.59% |
| 2018 | 2.97% | -2.01% |
| 2017 | 4.98% | 0.31% |
| 2016 | 4.66% | 1.26% |
| 2015 | 3.40% | 0.10% |
| 2014 | 3.31% | -1.33% |
| 2013 | 4.63% | -1.81% |
| 2012 | 6.44% | 0.01% |
| 2011 | 6.43% | 2.45% |
| 2010 | 3.98% | -0.58% |
| 2009 | 4.56% | -5.73% |
| 2008 | 10.29% | 4.29% |
| 2007 | 6.00% | -0.70% |
| 2006 | 6.70% | -1.10% |
| 2005 | 7.80% | 3.69% |
| 2004 | 4.11% | -1.12% |
| 2003 | 5.23% | 0.85% |
| 2002 | 4.38% | -0.70% |
| 2001 | 5.08% | 0.91% |
| 2000 | 4.17% | 0.35% |
| 1999 | 3.81% | -2.65% |
| 1998 | 6.47% | -0.41% |
| 1997 | 6.87% | -0.32% |
| 1996 | 7.19% | -9.24% |
| 1995 | 16.43% | -18.22% |
| 1994 | 34.65% | 26.73% |
| 1993 | 7.92% | -1.57% |
| 1992 | 9.49% | 0.89% |
| 1991 | 8.59% | 1.99% |
| 1990 | 6.60% | -1.67% |
| 1989 | 8.28% | -1.04% |
| 1988 | 9.31% | 1.16% |
| 1987 | 8.15% | 1.97% |
| 1986 | 6.18% | 1.97% |