OECD members Inflation Rate 1960-2022

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 2021 was 2.82%, a 2.08% increase from 2020.
  • OECD members inflation rate for 2020 was 0.73%, a 1.01% decline from 2019.
  • OECD members inflation rate for 2019 was 1.74%, a 0.19% decline from 2018.
  • OECD members inflation rate for 2018 was 1.93%, a 0.11% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
South Asia 5.55%
Sub-Saharan Africa 5.33%
Latin America & Caribbean 4.26%
North America 4.05%
World 3.42%
OECD members 2.82%
European Union 2.55%
Euro Area 2.45%
East Asia & Pacific 2.41%
OECD members Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 2.82% 2.08%
2020 0.73% -1.01%
2019 1.74% -0.19%
2018 1.93% 0.11%
2017 1.82% 1.38%
2016 0.44% 0.10%
2015 0.34% -0.29%
2014 0.62% -0.83%
2013 1.45% -1.08%
2012 2.53% -0.84%
2011 3.37% 1.57%
2010 1.81% 0.70%
2009 1.10% -3.01%
2008 4.11% 1.63%
2007 2.48% -0.12%
2006 2.60% 0.13%
2005 2.47% 0.21%
2004 2.26% 0.07%
2003 2.18% -0.29%
2002 2.48% -0.71%
2001 3.19% 0.13%
2000 3.06% 0.89%
1999 2.17% 0.07%
1998 2.11% -0.16%
1997 2.27% -0.73%
1996 3.00% -1.35%
1995 4.35% 0.85%
1994 3.50% -1.10%
1993 4.60% -0.46%
1992 5.06% -0.88%
1991 5.93% -0.79%
1990 6.72% 0.46%
1989 6.26% 0.43%
1988 5.82% 1.08%
1987 4.75% -0.54%
1986 5.29% -1.44%
1985 6.73% -0.94%
1984 7.67% -1.20%
1983 8.87% -2.47%
1982 11.34% -2.30%
1981 13.64% 0.01%
1980 13.63% 3.51%
1979 10.13% 1.51%
1978 8.62% -2.56%
1977 11.18% -0.45%
1976 11.64% -2.52%
1975 14.16% -1.39%
1974 15.55% 6.41%
1973 9.14% 2.58%
1972 6.56% 0.17%
1971 6.40% 0.66%
1970 5.73% 2.24%
1969 3.49% -0.61%
1968 4.09% 0.51%
1967 3.58% -0.59%
1966 4.17% -0.01%
1965 4.19% 0.74%
1964 3.44% 0.48%
1963 2.97% -1.30%
1962 4.26% 2.11%
1961 2.16% 0.21%
1960 1.95% 0.21%