World Inflation Rate 1981-2022

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.
  • World inflation rate for 2021 was 3.42%, a 1.5% increase from 2020.
  • World inflation rate for 2020 was 1.92%, a 0.27% decline from 2019.
  • World inflation rate for 2019 was 2.19%, a 0.25% decline from 2018.
  • World inflation rate for 2018 was 2.44%, a 0.25% 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%
World Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 3.42% 1.50%
2020 1.92% -0.27%
2019 2.19% -0.25%
2018 2.44% 0.25%
2017 2.19% 0.64%
2016 1.55% 0.12%
2015 1.43% -0.91%
2014 2.35% -0.27%
2013 2.62% -1.10%
2012 3.73% -1.10%
2011 4.82% 1.47%
2010 3.35% 0.42%
2009 2.94% -6.02%
2008 8.95% 4.14%
2007 4.82% 0.53%
2006 4.28% 0.17%
2005 4.11% 0.73%
2004 3.38% 0.35%
2003 3.03% 0.20%
2002 2.83% -1.00%
2001 3.84% 0.34%
2000 3.49% 0.42%
1999 3.08% -2.03%
1998 5.11% -0.46%
1997 5.57% -0.98%
1996 6.55% -2.60%
1995 9.15% -1.16%
1994 10.32% 2.81%
1993 7.51% -0.21%
1992 7.71% -1.28%
1991 9.00% 0.87%
1990 8.13% 1.13%
1989 7.00% -0.15%
1988 7.15% 1.39%
1987 5.76% -0.07%
1986 5.82% -1.03%
1985 6.86% -1.26%
1984 8.12% -0.65%
1983 8.77% -1.47%
1982 10.24% -2.23%
1981 12.47% -2.23%