Inflation Rate 1960-2024
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.
- inflation rate for 2022 was 5.00%, a 2.03% increase from 2021.
- inflation rate for 2021 was 2.97%, a 1.35% increase from 2020.
- inflation rate for 2020 was 1.61%, a 0.56% increase from 2019.
- inflation rate for 2019 was 1.05%, a 1.71% decline from 2018.
| Similar Country Ranking | |
|---|---|
| Country Name | Inflation Rate (%) |
| Inflation Rate - Historical Data | ||
|---|---|---|
| Year | Inflation Rate (%) | Annual Change |
| 2022 | 5.00% | 2.03% |
| 2021 | 2.97% | 1.35% |
| 2020 | 1.61% | 0.56% |
| 2019 | 1.05% | -1.71% |
| 2018 | 2.76% | 0.69% |
| 2017 | 2.07% | -0.30% |
| 2016 | 2.37% | 0.54% |
| 2015 | 1.83% | -0.82% |
| 2014 | 2.65% | -0.59% |
| 2013 | 3.24% | -1.37% |
| 2012 | 4.61% | -0.14% |
| 2011 | 4.75% | 0.84% |
| 2010 | 3.91% | 0.99% |
| 2009 | 2.92% | -8.35% |
| 2008 | 11.27% | 6.53% |
| 2007 | 4.74% | 1.20% |
| 2006 | 3.55% | 0.05% |
| 2005 | 3.49% | -0.14% |
| 2004 | 3.63% | 0.92% |
| 2003 | 2.71% | 0.88% |
| 2002 | 1.83% | 0.06% |
| 2001 | 1.77% | -0.08% |
| 2000 | 1.85% | -0.82% |
| 1999 | 2.67% | -0.75% |
| 1998 | 3.42% | -0.18% |
| 1997 | 3.60% | -1.08% |
| 1996 | 4.68% | -1.86% |
| 1995 | 6.54% | 1.43% |
| 1994 | 5.11% | -4.26% |
| 1993 | 9.37% | 0.01% |
| 1992 | 9.36% | 0.36% |
| 1991 | 9.00% | 0.55% |
| 1990 | 8.45% | 0.71% |
| 1989 | 7.74% | 1.83% |
| 1988 | 5.91% | 1.69% |
| 1987 | 4.22% | -3.21% |
| 1986 | 7.43% | 0.18% |
| 1985 | 7.25% | -0.86% |
| 1984 | 8.12% | 2.62% |
| 1983 | 5.49% | -2.84% |
| 1982 | 8.33% | -2.43% |
| 1981 | 10.76% | 1.13% |
| 1980 | 9.63% | 9.63% |
| 1979 | 0.00% | -9.72% |
| 1978 | 9.72% | -2.27% |
| 1977 | 11.99% | 1.67% |
| 1976 | 10.32% | 0.65% |
| 1975 | 9.67% | -5.86% |
| 1974 | 15.53% | 7.26% |
| 1973 | 8.27% | 8.27% |
| 1972 | 0.00% | 0.00% |
| 1971 | 0.00% | 0.00% |
| 1970 | 0.00% | 0.00% |
| 1969 | 0.00% | 0.00% |
| 1968 | 0.00% | 0.00% |
| 1967 | 0.00% | 0.00% |
| 1966 | 0.00% | 0.00% |
| 1965 | 0.00% | 0.00% |
| 1964 | 0.00% | 0.00% |
| 1963 | 0.00% | 0.00% |
| 1962 | 0.00% | 0.00% |
| 1961 | 0.00% | 0.00% |
| 1960 | 0.00% | 0.00% |