World Inflation Rate 1981-2020

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 0.22% increase from 2017.
  • World inflation rate for 2017 was 2.23%, a 0.75% increase from 2016.
  • World inflation rate for 2016 was 1.49%, a 0.09% increase from 2015.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
South Asia 4.55%
Sub-Saharan Africa 2.78%
Latin America & Caribbean 2.76%
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% 0.22%
2017 2.23% 0.75%
2016 1.49% 0.09%
2015 1.39% -0.95%
2014 2.35% -0.26%
2013 2.61% -1.10%
2012 3.71% -1.13%
2011 4.84% 1.55%
2010 3.29% 0.36%
2009 2.93% -6.02%
2008 8.95% 4.12%
2007 4.83% 0.56%
2006 4.27% 0.16%
2005 4.11% 0.73%
2004 3.38% 0.36%
2003 3.02% 0.11%
2002 2.91% -1.01%
2001 3.92% 0.36%
2000 3.56% 0.51%
1999 3.04% -2.15%
1998 5.19% -0.36%
1997 5.55% -1.12%
1996 6.68% -2.39%
1995 9.07% -1.18%
1994 10.25% 2.74%
1993 7.51% -0.05%
1992 7.56% -1.41%
1991 8.97% 0.73%
1990 8.24% 1.32%
1989 6.92% -0.28%
1988 7.21% 1.14%
1987 6.06% 0.24%
1986 5.82% -0.95%
1985 6.77% -1.35%
1984 8.12% -0.65%
1983 8.77% -1.47%
1982 10.24% -2.25%
1981 12.49% -2.25%