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 2019 was 1.74%, a 0.17% decline from 2018.
- OECD members inflation rate for 2018 was 1.91%, a 0.06% increase from 2017.
- OECD members inflation rate for 2017 was 1.85%, a 1.36% increase from 2016.
- OECD members inflation rate for 2016 was 0.49%, a 0.18% increase from 2015.
| OECD members Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2019 |
1.74% |
-0.17% |
| 2018 |
1.91% |
0.06% |
| 2017 |
1.85% |
1.36% |
| 2016 |
0.49% |
0.18% |
| 2015 |
0.31% |
-0.31% |
| 2014 |
0.62% |
-0.82% |
| 2013 |
1.44% |
-1.05% |
| 2012 |
2.49% |
-0.86% |
| 2011 |
3.34% |
1.54% |
| 2010 |
1.80% |
0.78% |
| 2009 |
1.02% |
-3.06% |
| 2008 |
4.08% |
1.62% |
| 2007 |
2.46% |
-0.08% |
| 2006 |
2.53% |
0.08% |
| 2005 |
2.45% |
0.23% |
| 2004 |
2.23% |
0.13% |
| 2003 |
2.10% |
-0.37% |
| 2002 |
2.47% |
-0.54% |
| 2001 |
3.00% |
-0.04% |
| 2000 |
3.04% |
0.88% |
| 1999 |
2.16% |
0.20% |
| 1998 |
1.96% |
-0.24% |
| 1997 |
2.20% |
-0.73% |
| 1996 |
2.93% |
-1.29% |
| 1995 |
4.22% |
1.27% |
| 1994 |
2.95% |
-1.62% |
| 1993 |
4.57% |
-0.26% |
| 1992 |
4.82% |
-1.07% |
| 1991 |
5.90% |
-0.69% |
| 1990 |
6.59% |
0.58% |
| 1989 |
6.01% |
0.55% |
| 1988 |
5.46% |
0.90% |
| 1987 |
4.55% |
-0.21% |
| 1986 |
4.76% |
-1.64% |
| 1985 |
6.40% |
-0.97% |
| 1984 |
7.37% |
-1.40% |
| 1983 |
8.77% |
-2.28% |
| 1982 |
11.06% |
-2.42% |
| 1981 |
13.48% |
-0.08% |
| 1980 |
13.56% |
2.92% |
| 1979 |
10.65% |
1.67% |
| 1978 |
8.97% |
-2.47% |
| 1977 |
11.44% |
-0.19% |
| 1976 |
11.64% |
-1.56% |
| 1975 |
13.20% |
-2.15% |
| 1974 |
15.35% |
6.42% |
| 1973 |
8.92% |
2.36% |
| 1972 |
6.56% |
0.17% |
| 1971 |
6.40% |
0.66% |
| 1970 |
5.73% |
2.24% |
| 1969 |
3.49% |
-0.57% |
| 1968 |
4.06% |
0.40% |
| 1967 |
3.66% |
-0.54% |
| 1966 |
4.20% |
-0.16% |
| 1965 |
4.35% |
0.89% |
| 1964 |
3.46% |
0.38% |
| 1963 |
3.08% |
-1.21% |
| 1962 |
4.29% |
2.13% |
| 1961 |
2.16% |
0.19% |
| 1960 |
1.97% |
0.19% |
