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 7.10%, a 4.62% increase from 2021.
- inflation rate for 2021 was 2.48%, a 2.09% increase from 2020.
- inflation rate for 2020 was 0.39%, a 1.02% decline from 2019.
- inflation rate for 2019 was 1.41%, a 1.49% decline from 2018.
| Similar Country Ranking | |
|---|---|
| Country Name | Inflation Rate (%) |
| Inflation Rate - Historical Data | ||
|---|---|---|
| Year | Inflation Rate (%) | Annual Change |
| 2022 | 7.10% | 4.62% |
| 2021 | 2.48% | 2.09% |
| 2020 | 0.39% | -1.02% |
| 2019 | 1.41% | -1.49% |
| 2018 | 2.90% | 1.31% |
| 2017 | 1.58% | 0.51% |
| 2016 | 1.07% | 0.43% |
| 2015 | 0.65% | -0.80% |
| 2014 | 1.45% | -0.15% |
| 2013 | 1.61% | -0.44% |
| 2012 | 2.05% | -2.83% |
| 2011 | 4.88% | 2.78% |
| 2010 | 2.10% | -3.21% |
| 2009 | 5.31% | -5.70% |
| 2008 | 11.01% | 6.64% |
| 2007 | 4.37% | -0.06% |
| 2006 | 4.43% | 0.48% |
| 2005 | 3.95% | -1.01% |
| 2004 | 4.96% | 1.95% |
| 2003 | 3.02% | 1.05% |
| 2002 | 1.96% | -2.09% |
| 2001 | 4.06% | 1.71% |
| 2000 | 2.35% | 2.35% |
| 1999 | 0.00% | 0.00% |
| 1998 | 0.00% | 0.00% |
| 1997 | 0.00% | 0.00% |
| 1996 | 0.00% | 0.00% |
| 1995 | 0.00% | 0.00% |
| 1994 | 0.00% | 0.00% |
| 1993 | 0.00% | 0.00% |
| 1992 | 0.00% | 0.00% |
| 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% |