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 10.39%, a 7.14% increase from 2021.
- inflation rate for 2021 was 3.25%, a 2.05% increase from 2020.
- inflation rate for 2020 was 1.21%, a 0.61% decline from 2019.
- inflation rate for 2019 was 1.82%, a 0.22% decline from 2018.
| Similar Country Ranking | |
|---|---|
| Country Name | Inflation Rate (%) |
| Inflation Rate - Historical Data | ||
|---|---|---|
| Year | Inflation Rate (%) | Annual Change |
| 2022 | 10.39% | 7.14% |
| 2021 | 3.25% | 2.05% |
| 2020 | 1.21% | -0.61% |
| 2019 | 1.82% | -0.22% |
| 2018 | 2.04% | 0.08% |
| 2017 | 1.96% | 1.56% |
| 2016 | 0.39% | -0.02% |
| 2015 | 0.41% | -0.21% |
| 2014 | 0.62% | -1.13% |
| 2013 | 1.75% | -1.02% |
| 2012 | 2.77% | -1.08% |
| 2011 | 3.86% | 1.43% |
| 2010 | 2.42% | 0.89% |
| 2009 | 1.54% | -4.52% |
| 2008 | 6.06% | 3.14% |
| 2007 | 2.92% | -0.28% |
| 2006 | 3.19% | 0.58% |
| 2005 | 2.61% | -0.22% |
| 2004 | 2.83% | 0.48% |
| 2003 | 2.35% | -0.44% |
| 2002 | 2.79% | -1.48% |
| 2001 | 4.26% | 0.49% |
| 2000 | 3.78% | 1.41% |
| 1999 | 2.36% | -2.28% |
| 1998 | 4.64% | -0.89% |
| 1997 | 5.54% | -2.66% |
| 1996 | 8.19% | -0.77% |
| 1995 | 8.96% | -3.18% |
| 1994 | 12.14% | -2.27% |
| 1993 | 14.41% | 8.49% |
| 1992 | 5.92% | 5.92% |
| 1991 | 0.00% | 0.00% |
| 1990 | 0.00% | 0.00% |
| 1989 | 0.00% | 0.00% |
| 1988 | 0.00% | 0.00% |
| 1987 | 0.00% | 0.00% |
| 1986 | 0.00% | 0.00% |
| 1985 | 0.00% | 0.00% |
| 1984 | 0.00% | 0.00% |
| 1983 | 0.00% | 0.00% |
| 1982 | 0.00% | 0.00% |
| 1981 | 0.00% | 0.00% |
| 1980 | 0.00% | 0.00% |
| 1979 | 0.00% | 0.00% |
| 1978 | 0.00% | 0.00% |
| 1977 | 0.00% | 0.00% |
| 1976 | 0.00% | 0.00% |
| 1975 | 0.00% | 0.00% |
| 1974 | 0.00% | 0.00% |
| 1973 | 0.00% | 0.00% |
| 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% |