North America 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.
  • North America inflation rate for 2019 was 1.88%, a 0.47% decline from 2018.
  • North America inflation rate for 2018 was 2.36%, a 0.49% increase from 2017.
  • North America inflation rate for 2017 was 1.86%, a 0.52% increase from 2016.
  • North America inflation rate for 2016 was 1.35%, a 0.72% increase from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
South Asia 4.55%
Sub-Saharan Africa 2.78%
Latin America & Caribbean 2.76%
World 2.30%
North America 1.88%
East Asia & Pacific 1.77%
OECD members 1.74%
European Union 1.63%
Euro Area 1.45%
North America Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2019 1.88% -0.47%
2018 2.36% 0.49%
2017 1.86% 0.52%
2016 1.35% 0.72%
2015 0.62% -1.14%
2014 1.76% 0.56%
2013 1.20% -0.59%
2012 1.79% -1.24%
2011 3.03% 1.33%
2010 1.71% 1.74%
2009 -0.03% -3.13%
2008 3.10% 0.61%
2007 2.50% -0.12%
2006 2.61% -0.19%
2005 2.80% 0.54%
2004 2.27% -0.25%
2003 2.51% 0.59%
2002 1.92% -0.75%
2001 2.68% -0.37%
2000 3.05% 1.09%
1999 1.96% 0.69%
1998 1.27% -0.71%
1997 1.98% -0.27%
1996 2.25% -0.23%
1995 2.48% 1.09%
1994 1.39% -1.02%
1993 2.41% 0.15%
1992 2.26% -2.67%
1991 4.93% -0.16%
1990 5.09% 0.18%
1989 4.91% 0.85%
1988 4.05% 0.04%
1987 4.01% 0.96%
1986 3.05% -0.71%
1985 3.75% -0.55%
1984 4.30% -0.24%
1983 4.54% -3.91%
1982 8.45% -2.95%
1981 11.40% -0.44%
1980 11.84% 1.64%
1979 10.20% 1.90%
1978 8.30% 1.06%
1977 7.24% 0.60%
1976 6.64% -3.26%
1975 9.91% -1.12%
1974 11.03% 4.19%
1973 6.83% 2.70%
1972 4.13% 0.63%
1971 3.50% -1.09%
1970 4.59% -0.42%
1969 5.01% 0.85%
1968 4.16% 0.99%
1967 3.18% -0.24%
1966 3.42% 1.46%
1965 1.96% 0.36%
1964 1.60% 0.16%
1963 1.43% 0.30%
1962 1.13% 0.09%
1961 1.04% -0.36%
1960 1.41% -0.36%