China Inflation Rate 1987-2024

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.
  • China inflation rate for 2023 was 0.23%, a 1.74% decline from 2022.
  • China inflation rate for 2022 was 1.97%, a 0.99% increase from 2021.
  • China inflation rate for 2021 was 0.98%, a 1.44% decline from 2020.
  • China inflation rate for 2020 was 2.42%, a 0.48% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 221.34%
Turkey 53.86%
Iran 44.58%
Kazakhstan 14.73%
Serbia 12.37%
Colombia 11.74%
Romania 10.40%
Bulgaria 9.44%
North Macedonia 9.36%
Algeria 9.32%
Azerbaijan 8.79%
Montenegro 8.58%
Samoa 8.12%
Mauritius 7.05%
Jamaica 6.47%
Peru 6.46%
Tonga 6.35%
Guatemala 6.21%
South Africa 6.07%
Namibia 5.88%
Mexico 5.53%
Botswana 5.07%
Belarus 5.00%
Dominican Republic 4.79%
Paraguay 4.63%
Brazil 4.59%
St. Vincent and the Grenadines 4.56%
Belize 4.39%
St. Lucia 4.07%
Gabon 3.63%
Dominica 3.48%
Maldives 2.93%
Guyana 2.82%
Grenada 2.70%
Malaysia 2.49%
Libya 2.37%
Ecuador 2.22%
Jordan 2.08%
Armenia 1.98%
Thailand 1.23%
Costa Rica 0.53%
China 0.23%
China Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 0.23% -1.74%
2022 1.97% 0.99%
2021 0.98% -1.44%
2020 2.42% -0.48%
2019 2.90% 0.82%
2018 2.07% 0.48%
2017 1.59% -0.41%
2016 2.00% 0.56%
2015 1.44% -0.48%
2014 1.92% -0.70%
2013 2.62% 0.00%
2012 2.62% -2.93%
2011 5.55% 2.38%
2010 3.18% 3.90%
2009 -0.73% -6.65%
2008 5.93% 1.11%
2007 4.82% 3.17%
2006 1.65% -0.13%
2005 1.78% -2.05%
2004 3.82% 2.70%
2003 1.13% 1.86%
2002 -0.73% -1.45%
2001 0.72% 0.37%
2000 0.35% 1.75%
1999 -1.40% -0.63%
1998 -0.77% -3.56%
1997 2.79% -5.53%
1996 8.31% -8.48%
1995 16.79% -7.47%
1994 24.26% 9.65%
1993 14.61% 8.26%
1992 6.35% 2.80%
1991 3.56% 0.50%
1990 3.05% -15.19%
1989 18.25% -0.57%
1988 18.81% 11.58%
1987 7.23% 11.58%