Australia Inflation Rate 1960-2020

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.
  • Australia inflation rate for 2019 was 1.61%, a 0.3% decline from 2018.
  • Australia inflation rate for 2018 was 1.91%, a 0.04% decline from 2017.
  • Australia inflation rate for 2017 was 1.95%, a 0.67% increase from 2016.
  • Australia inflation rate for 2016 was 1.28%, a 0.23% decline from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Argentina 53.55%
Uruguay 7.88%
Aruba 4.26%
Barbados 4.10%
Hungary 3.34%
Iceland 3.01%
Hong Kong 2.86%
Czech Republic 2.85%
Latvia 2.81%
Slovak Republic 2.66%
Netherlands 2.63%
Curacao 2.62%
Chile 2.56%
Bahamas 2.49%
Lithuania 2.33%
Estonia 2.28%
Poland 2.23%
Norway 2.17%
Canada 1.95%
United States 1.81%
Seychelles 1.81%
Sweden 1.78%
Luxembourg 1.74%
United Kingdom 1.74%
Malta 1.64%
Slovenia 1.63%
New Zealand 1.62%
Australia 1.61%
Austria 1.53%
Germany 1.45%
Belgium 1.44%
France 1.11%
Kuwait 1.09%
Finland 1.02%
Ireland 0.94%
Israel 0.84%
Croatia 0.77%
Denmark 0.76%
Spain 0.70%
Italy 0.61%
Singapore 0.57%
Japan 0.48%
South Korea 0.38%
Switzerland 0.36%
Portugal 0.34%
Greece 0.25%
Cyprus 0.25%
Oman 0.13%
Panama -0.36%
Brunei -0.39%
Qatar -0.67%
UAE -1.93%
Saudi Arabia -2.09%
Australia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2019 1.61% -0.30%
2018 1.91% -0.04%
2017 1.95% 0.67%
2016 1.28% -0.23%
2015 1.51% -0.98%
2014 2.49% 0.04%
2013 2.45% 0.69%
2012 1.76% -1.54%
2011 3.30% 0.39%
2010 2.92% 1.15%
2009 1.77% -2.58%
2008 4.35% 2.02%
2007 2.33% -1.23%
2006 3.56% 0.86%
2005 2.69% 0.35%
2004 2.34% -0.39%
2003 2.73% -0.25%
2002 2.98% -1.43%
2001 4.41% -0.05%
2000 4.46% 2.97%
1999 1.48% 0.62%
1998 0.86% 0.64%
1997 0.22% -2.39%
1996 2.62% -2.01%
1995 4.63% 2.66%
1994 1.97% 0.22%
1993 1.75% 0.74%
1992 1.01% -2.16%
1991 3.18% -4.16%
1990 7.33% -0.20%
1989 7.53% 0.32%
1988 7.22% -1.32%
1987 8.53% -0.52%
1986 9.05% 2.32%
1985 6.73% 2.77%
1984 3.96% -6.08%
1983 10.04% -1.31%
1982 11.35% 1.86%
1981 9.49% -0.65%
1980 10.14% 1.01%
1979 9.12% 1.12%
1978 8.00% -4.30%
1977 12.31% -1.01%
1976 13.32% -1.84%
1975 15.16% -0.25%
1974 15.42% 6.33%
1973 9.09% 3.07%
1972 6.02% -0.11%
1971 6.14% 2.70%
1970 3.44% 0.16%
1969 3.28% 0.76%
1968 2.52% -0.96%
1967 3.48% 0.18%
1966 3.29% -0.11%
1965 3.41% 0.54%
1964 2.87% 2.23%
1963 0.64% 0.96%
1962 -0.32% -2.61%
1961 2.29% -1.44%
1960 3.73% -1.44%