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 4.99%, a 2.69% increase from 2021.
- inflation rate for 2021 was 2.30%, a 1.6% increase from 2020.
- inflation rate for 2020 was 0.71%, a 0.3% decline from 2019.
- inflation rate for 2019 was 1.01%, a 1.08% decline from 2018.
| Similar Country Ranking | |
|---|---|
| Country Name | Inflation Rate (%) |
| Inflation Rate - Historical Data | ||
|---|---|---|
| Year | Inflation Rate (%) | Annual Change |
| 2022 | 4.99% | 2.69% |
| 2021 | 2.30% | 1.60% |
| 2020 | 0.71% | -0.30% |
| 2019 | 1.01% | -1.08% |
| 2018 | 2.09% | 0.49% |
| 2017 | 1.60% | -0.47% |
| 2016 | 2.07% | 0.51% |
| 2015 | 1.56% | -0.83% |
| 2014 | 2.39% | -0.57% |
| 2013 | 2.96% | -0.77% |
| 2012 | 3.73% | -0.79% |
| 2011 | 4.52% | 0.78% |
| 2010 | 3.75% | 0.83% |
| 2009 | 2.92% | -8.35% |
| 2008 | 11.27% | 7.10% |
| 2007 | 4.17% | 0.68% |
| 2006 | 3.48% | 0.38% |
| 2005 | 3.11% | -0.02% |
| 2004 | 3.12% | 1.14% |
| 2003 | 1.98% | 0.15% |
| 2002 | 1.83% | 0.09% |
| 2001 | 1.75% | -0.07% |
| 2000 | 1.81% | -0.84% |
| 1999 | 2.65% | -0.48% |
| 1998 | 3.13% | -0.42% |
| 1997 | 3.55% | -0.92% |
| 1996 | 4.47% | -2.27% |
| 1995 | 6.74% | 1.61% |
| 1994 | 5.13% | -2.93% |
| 1993 | 8.05% | 0.46% |
| 1992 | 7.59% | -1.44% |
| 1991 | 9.03% | 0.99% |
| 1990 | 8.04% | 2.50% |
| 1989 | 5.54% | -0.46% |
| 1988 | 6.00% | 1.91% |
| 1987 | 4.09% | -3.36% |
| 1986 | 7.45% | 3.06% |
| 1985 | 4.39% | -3.73% |
| 1984 | 8.12% | 2.62% |
| 1983 | 5.49% | -2.84% |
| 1982 | 8.33% | -2.94% |
| 1981 | 11.27% | 0.85% |
| 1980 | 10.42% | 2.68% |
| 1979 | 7.74% | -1.98% |
| 1978 | 9.72% | -2.27% |
| 1977 | 11.99% | 0.73% |
| 1976 | 11.26% | 1.59% |
| 1975 | 9.67% | -4.58% |
| 1974 | 14.25% | 5.98% |
| 1973 | 8.27% | 4.22% |
| 1972 | 4.05% | -0.13% |
| 1971 | 4.18% | 0.44% |
| 1970 | 3.74% | 3.74% |
| 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% |