U.S. 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.
  • U.S. inflation rate for 2020 was 1.23%, a 0.58% decline from 2019.
  • U.S. inflation rate for 2019 was 1.81%, a 0.63% decline from 2018.
  • U.S. inflation rate for 2018 was 2.44%, a 0.31% increase from 2017.
  • U.S. inflation rate for 2017 was 2.13%, a 0.87% increase from 2016.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Uruguay 9.76%
Saudi Arabia 3.45%
Poland 3.37%
Hungary 3.33%
Czech Republic 3.16%
Chile 3.05%
Iceland 2.85%
Brunei 1.94%
Slovak Republic 1.94%
New Zealand 1.71%
Austria 1.38%
Norway 1.29%
Netherlands 1.27%
United States 1.23%
Lithuania 1.20%
United Kingdom 0.99%
Australia 0.85%
Luxembourg 0.82%
Belgium 0.74%
Canada 0.72%
Malta 0.64%
Trinidad and Tobago 0.60%
South Korea 0.54%
Germany 0.51%
Sweden 0.50%
France 0.48%
Denmark 0.42%
Hong Kong 0.33%
Latvia 0.22%
Bahamas 0.04%
Portugal -0.01%
Japan -0.02%
Slovenia -0.05%
Italy -0.14%
Singapore -0.18%
Spain -0.32%
Ireland -0.33%
Estonia -0.44%
Israel -0.59%
Cyprus -0.64%
Switzerland -0.73%
Oman -0.90%
Greece -1.25%
Panama -1.55%
UAE -2.08%
Bahrain -2.32%
Qatar -2.54%
U.S. Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2020 1.23% -0.58%
2019 1.81% -0.63%
2018 2.44% 0.31%
2017 2.13% 0.87%
2016 1.26% 1.14%
2015 0.12% -1.50%
2014 1.62% 0.16%
2013 1.46% -0.60%
2012 2.07% -1.09%
2011 3.16% 1.52%
2010 1.64% 2.00%
2009 -0.36% -4.19%
2008 3.84% 0.99%
2007 2.85% -0.37%
2006 3.23% -0.17%
2005 3.39% 0.72%
2004 2.68% 0.41%
2003 2.27% 0.68%
2002 1.59% -1.24%
2001 2.83% -0.55%
2000 3.38% 1.19%
1999 2.19% 0.64%
1998 1.55% -0.79%
1997 2.34% -0.59%
1996 2.93% 0.13%
1995 2.81% 0.20%
1994 2.61% -0.34%
1993 2.95% -0.08%
1992 3.03% -1.21%
1991 4.24% -1.16%
1990 5.40% 0.57%
1989 4.83% 0.75%
1988 4.08% 0.41%
1987 3.66% 1.77%
1986 1.90% -1.65%
1985 3.55% -0.75%
1984 4.30% 1.09%
1983 3.21% -2.92%
1982 6.13% -4.20%
1981 10.33% -3.21%
1980 13.55% 2.29%
1979 11.25% 3.62%
1978 7.63% 1.13%
1977 6.50% 0.76%
1976 5.74% -3.40%
1975 9.14% -1.91%
1974 11.05% 4.88%
1973 6.18% 2.91%
1972 3.27% -1.02%
1971 4.29% -1.55%
1970 5.84% 0.38%
1969 5.46% 1.19%
1968 4.27% 1.50%
1967 2.77% -0.24%
1966 3.02% 1.43%
1965 1.59% 0.31%
1964 1.28% 0.04%
1963 1.24% 0.04%
1962 1.20% 0.13%
1961 1.07% -0.39%
1960 1.46% -0.39%