World 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.
- World inflation rate for 2022 was 7.97%, a 4.5% increase from 2021.
- World inflation rate for 2021 was 3.47%, a 1.53% increase from 2020.
- World inflation rate for 2020 was 1.94%, a 0.27% decline from 2019.
- World inflation rate for 2019 was 2.21%, a 0.24% decline from 2018.
World Inflation Rate - Historical Data |
Year |
Inflation Rate (%) |
Annual Change |
2022 |
7.97% |
4.50% |
2021 |
3.47% |
1.53% |
2020 |
1.94% |
-0.27% |
2019 |
2.21% |
-0.24% |
2018 |
2.45% |
0.20% |
2017 |
2.25% |
0.65% |
2016 |
1.61% |
0.16% |
2015 |
1.44% |
-0.91% |
2014 |
2.35% |
-0.30% |
2013 |
2.65% |
-1.07% |
2012 |
3.73% |
-1.10% |
2011 |
4.82% |
1.50% |
2010 |
3.33% |
0.47% |
2009 |
2.86% |
-6.09% |
2008 |
8.95% |
4.14% |
2007 |
4.81% |
0.54% |
2006 |
4.27% |
0.16% |
2005 |
4.11% |
0.59% |
2004 |
3.52% |
0.49% |
2003 |
3.03% |
0.12% |
2002 |
2.91% |
-0.93% |
2001 |
3.84% |
0.40% |
2000 |
3.43% |
0.39% |
1999 |
3.04% |
-2.06% |
1998 |
5.10% |
-0.46% |
1997 |
5.55% |
-0.97% |
1996 |
6.53% |
-2.55% |
1995 |
9.08% |
-1.17% |
1994 |
10.25% |
3.10% |
1993 |
7.14% |
-0.49% |
1992 |
7.64% |
-1.36% |
1991 |
9.00% |
0.93% |
1990 |
8.06% |
1.14% |
1989 |
6.92% |
-0.19% |
1988 |
7.11% |
1.40% |
1987 |
5.71% |
-0.11% |
1986 |
5.82% |
-0.98% |
1985 |
6.81% |
-1.27% |
1984 |
8.08% |
-0.59% |
1983 |
8.67% |
-1.55% |
1982 |
10.22% |
-2.22% |
1981 |
12.44% |
12.44% |
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% |