World Inflation Rate 1981-2021

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.
  • World inflation rate for 2019 was 2.30%, a 0.16% decline from 2018.
  • World inflation rate for 2018 was 2.46%, a 0.28% increase from 2017.
  • World inflation rate for 2017 was 2.18%, a 0.73% increase from 2016.
  • World inflation rate for 2016 was 1.46%, a 0.06% increase from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
South Asia 5.57%
Latin America & Caribbean 2.76%
Sub-Saharan Africa 2.69%
World 2.30%
North America 1.88%
East Asia & Pacific 1.77%
OECD members 1.74%
European Union 1.63%
Euro Area 1.45%
World Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2019 2.30% -0.16%
2018 2.46% 0.28%
2017 2.18% 0.73%
2016 1.46% 0.06%
2015 1.39% -0.94%
2014 2.33% -0.25%
2013 2.58% -1.10%
2012 3.69% -1.14%
2011 4.82% 1.48%
2010 3.34% 0.54%
2009 2.80% -6.03%
2008 8.83% 4.03%
2007 4.80% 0.55%
2006 4.25% 0.14%
2005 4.11% 0.73%
2004 3.38% 0.36%
2003 3.02% 0.19%
2002 2.83% -1.09%
2001 3.92% 0.43%
2000 3.49% 0.42%
1999 3.08% -2.03%
1998 5.11% -0.43%
1997 5.54% -1.02%
1996 6.55% -2.52%
1995 9.07% -1.07%
1994 10.14% 3.00%
1993 7.14% -0.49%
1992 7.64% -1.36%
1991 9.00% 0.78%
1990 8.22% 1.22%
1989 7.00% -0.20%
1988 7.20% 1.44%
1987 5.76% -0.07%
1986 5.82% -0.98%
1985 6.81% -1.41%
1984 8.22% -0.45%
1983 8.67% -1.55%
1982 10.22% -2.26%
1981 12.48% -2.26%