South Asia Inflation Rate 1965-2024

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.
  • South Asia inflation rate for 2023 was 7.11%, a 0.54% decline from 2022.
  • South Asia inflation rate for 2022 was 7.65%, a 2.11% increase from 2021.
  • South Asia inflation rate for 2021 was 5.55%, a 0.15% decline from 2020.
  • South Asia inflation rate for 2020 was 5.69%, a 2.06% increase from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
South Asia 7.11%
Sub-Saharan Africa 7.05%
European Union 6.30%
Euro Area 5.78%
World 5.69%
OECD members 5.68%
Latin America & Caribbean 4.63%
North America 4.00%
East Asia & Pacific 3.67%
South Asia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 7.11% -0.54%
2022 7.65% 2.11%
2021 5.55% -0.15%
2020 5.69% 2.06%
2019 3.63% 0.30%
2018 3.33% -1.19%
2017 4.52% 0.35%
2016 4.17% 0.01%
2015 4.16% -2.67%
2014 6.83% -0.78%
2013 7.61% -1.86%
2012 9.47% -0.78%
2011 10.25% 2.67%
2010 7.58% 2.60%
2009 4.98% -6.00%
2008 10.97% 3.78%
2007 7.20% 0.42%
2006 6.77% -0.17%
2005 6.94% 2.84%
2004 4.11% 0.30%
2003 3.81% 0.47%
2002 3.33% 0.18%
2001 3.15% -0.86%
2000 4.01% -0.68%
1999 4.69% -4.67%
1998 9.36% 2.20%
1997 7.16% -1.81%
1996 8.98% -0.51%
1995 9.49% 1.14%
1994 8.35% -1.62%
1993 9.97% -1.81%
1992 11.79% -0.49%
1991 12.28% 3.30%
1990 8.97% 1.13%
1989 7.84% -1.14%
1988 8.98% 0.18%
1987 8.80% -0.42%
1986 9.23% 3.67%
1985 5.56% -1.48%
1984 7.04% -5.34%
1983 12.38% 2.53%
1982 9.85% -2.03%
1981 11.88% -1.43%
1980 13.31% 6.04%
1979 7.27% 0.53%
1978 6.74% -2.36%
1977 9.10% 10.00%
1976 -0.89% -8.00%
1975 7.11% -16.13%
1974 23.23% 9.05%
1973 14.19% 7.79%
1972 6.40% 3.52%
1971 2.87% -2.74%
1970 5.61% 1.99%
1969 3.62% 1.41%
1968 2.21% -2.29%
1967 4.50% -4.51%
1966 9.01% 1.99%
1965 7.02% 1.99%