OECD members 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.
  • 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.
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%
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%