Russia Inflation Rate 1993-2024

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.
  • Russia inflation rate for 2021 was 6.69%, a 3.31% increase from 2020.
  • Russia inflation rate for 2020 was 3.38%, a 1.09% decline from 2019.
  • Russia inflation rate for 2019 was 4.47%, a 1.59% increase from 2018.
  • Russia inflation rate for 2018 was 2.88%, a 0.81% decline from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 154.76%
Suriname 59.12%
Iran 43.39%
Turkey 19.60%
Belarus 9.46%
Brazil 8.30%
Dominican Republic 8.24%
Kazakhstan 8.04%
Botswana 7.24%
Algeria 7.23%
Armenia 7.18%
Russia 6.69%
Azerbaijan 6.65%
Iraq 6.04%
Jamaica 5.86%
Mexico 5.69%
Tonga 5.64%
Romania 5.05%
Guyana 5.03%
Paraguay 4.79%
South Africa 4.61%
Peru 4.27%
Guatemala 4.26%
Serbia 4.09%
Mauritius 4.03%
Namibia 3.62%
Colombia 3.50%
Bulgaria 3.30%
Belize 3.24%
North Macedonia 3.23%
Samoa 3.13%
Libya 2.87%
Malaysia 2.48%
Montenegro 2.41%
St. Lucia 2.41%
Albania 2.04%
Costa Rica 1.73%
St. Vincent and the Grenadines 1.57%
Dominica 1.48%
Jordan 1.35%
Thailand 1.23%
Grenada 1.22%
Gabon 1.09%
China 0.98%
Maldives 0.54%
Fiji 0.16%
Ecuador 0.13%
Equatorial Guinea -0.10%
Russia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 6.69% 3.31%
2020 3.38% -1.09%
2019 4.47% 1.59%
2018 2.88% -0.81%
2017 3.68% -3.36%
2016 7.04% -8.49%
2015 15.53% 7.71%
2014 7.82% 1.07%
2013 6.75% 1.68%
2012 5.07% -3.37%
2011 8.44% 1.59%
2010 6.85% -4.80%
2009 11.65% -2.46%
2008 14.11% 5.10%
2007 9.01% -0.66%
2006 9.67% -3.02%
2005 12.69% 1.80%
2004 10.89% -2.77%
2003 13.66% -2.13%
2002 15.79% -5.69%
2001 21.48% 0.68%
2000 20.80% -64.95%
1999 85.75% 58.06%
1998 27.69% 12.92%
1997 14.76% -32.99%
1996 47.75% -149.66%
1995 197.41% -110.31%
1994 307.72% -566.52%
1993 874.25% -566.52%