OECD members Inflation Rate 1960-2021
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.
- OECD members inflation rate for 2020 was 0.74%, a 1% decline from 2019.
- OECD members inflation rate for 2019 was 1.74%, a 0.21% decline from 2018.
- OECD members inflation rate for 2018 was 1.95%, a 0.1% increase from 2017.
- OECD members inflation rate for 2017 was 1.85%, a 1.36% increase from 2016.
| OECD members Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2020 |
0.74% |
-1.00% |
| 2019 |
1.74% |
-0.21% |
| 2018 |
1.95% |
0.10% |
| 2017 |
1.85% |
1.36% |
| 2016 |
0.49% |
0.12% |
| 2015 |
0.37% |
-0.25% |
| 2014 |
0.62% |
-0.82% |
| 2013 |
1.44% |
-1.05% |
| 2012 |
2.49% |
-0.86% |
| 2011 |
3.34% |
1.53% |
| 2010 |
1.81% |
0.62% |
| 2009 |
1.19% |
-2.96% |
| 2008 |
4.15% |
1.69% |
| 2007 |
2.46% |
-0.21% |
| 2006 |
2.67% |
0.18% |
| 2005 |
2.49% |
0.20% |
| 2004 |
2.29% |
0.02% |
| 2003 |
2.27% |
-0.22% |
| 2002 |
2.49% |
-0.88% |
| 2001 |
3.37% |
0.29% |
| 2000 |
3.09% |
0.90% |
| 1999 |
2.19% |
-0.06% |
| 1998 |
2.25% |
-0.08% |
| 1997 |
2.34% |
-0.73% |
| 1996 |
3.07% |
-1.41% |
| 1995 |
4.48% |
0.43% |
| 1994 |
4.05% |
-0.57% |
| 1993 |
4.63% |
-0.54% |
| 1992 |
5.16% |
-0.93% |
| 1991 |
6.09% |
-0.94% |
| 1990 |
7.03% |
1.02% |
| 1989 |
6.01% |
-0.09% |
| 1988 |
6.10% |
1.10% |
| 1987 |
5.00% |
-0.56% |
| 1986 |
5.56% |
-1.28% |
| 1985 |
6.84% |
-1.02% |
| 1984 |
7.86% |
-1.31% |
| 1983 |
9.17% |
-2.18% |
| 1982 |
11.35% |
-2.75% |
| 1981 |
14.10% |
0.39% |
| 1980 |
13.71% |
3.06% |
| 1979 |
10.65% |
1.67% |
| 1978 |
8.97% |
-1.95% |
| 1977 |
10.92% |
0.90% |
| 1976 |
10.02% |
-3.18% |
| 1975 |
13.20% |
-2.15% |
| 1974 |
15.35% |
6.42% |
| 1973 |
8.92% |
2.57% |
| 1972 |
6.36% |
0.13% |
| 1971 |
6.22% |
0.49% |
| 1970 |
5.73% |
2.24% |
| 1969 |
3.49% |
-0.57% |
| 1968 |
4.06% |
0.53% |
| 1967 |
3.53% |
-0.67% |
| 1966 |
4.20% |
0.07% |
| 1965 |
4.13% |
0.71% |
| 1964 |
3.42% |
0.47% |
| 1963 |
2.95% |
-1.28% |
| 1962 |
4.23% |
2.01% |
| 1961 |
2.22% |
0.48% |
| 1960 |
1.74% |
0.48% |
