Russia Inflation Rate 1993-2021

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.
  • Russia inflation rate for 2020 was 3.38%, a 1.09% decline from 2019.
  • Russia inflation rate for 2019 was 4.47%, a 1.59% increase from 2018.
  • Russia inflation rate for 2018 was 2.88%, a 0.81% decline from 2017.
  • Russia inflation rate for 2017 was 3.68%, a 3.36% decline from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 84.86%
Turkey 12.28%
Kazakhstan 6.75%
Belarus 5.55%
Jamaica 5.23%
Equatorial Guinea 4.77%
Dominican Republic 3.78%
Mexico 3.40%
Russia 3.38%
South Africa 3.22%
Guatemala 3.21%
Brazil 3.21%
Azerbaijan 2.76%
Romania 2.63%
Mauritius 2.58%
Colombia 2.52%
China 2.42%
Algeria 2.42%
Namibia 2.21%
Botswana 1.89%
Peru 1.83%
Paraguay 1.77%
Bulgaria 1.67%
Albania 1.62%
Serbia 1.58%
Gabon 1.37%
Armenia 1.21%
North Macedonia 1.20%
Costa Rica 0.72%
Jordan 0.33%
Montenegro -0.26%
Ecuador -0.34%
Thailand -0.85%
Bosnia -1.05%
Malaysia -1.14%
Maldives -1.37%
Samoa -1.57%
Russia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2020 3.38% -1.09%
2019 4.47% 1.59%
2018 2.88% -0.81%
2017 3.68% -3.36%
2016 7.04% -8.49%
2015 15.53% 7.71%
2014 7.82% 1.07%
2013 6.75% 1.68%
2012 5.07% -3.37%
2011 8.44% 1.59%
2010 6.85% -4.80%
2009 11.65% -2.46%
2008 14.11% 5.10%
2007 9.01% -0.66%
2006 9.67% -3.02%
2005 12.69% 1.80%
2004 10.89% -2.77%
2003 13.66% -2.13%
2002 15.79% -5.69%
2001 21.48% 0.68%
2000 20.80% -64.95%
1999 85.75% 58.06%
1998 27.69% 12.92%
1997 14.76% -32.99%
1996 47.75% -149.66%
1995 197.41% -110.31%
1994 307.72% -566.52%
1993 874.25% -566.52%