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Inflation rate (consumer prices)

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This entry provides the annual inflation rate, as calculated by the percent change in current consumer prices from the previous year's consumer prices.

Afghanistan

2.3% (2019 est.)
0.63% (2018 est.)
4.98% (2017 est.)

Albania

2.04% (2021 est.)
1.62% (2020 est.)
1.41% (2019 est.)

Algeria

7.23% (2021 est.)
2.42% (2020 est.)
1.95% (2019 est.)

American Samoa

-0.5% (2015 est.)
1.4% (2014 est.)

Andorra

-0.9% (2015 est.)
-0.1% (2014 est.)

Angola

25.75% (2021 est.)
22.27% (2020 est.)
17.08% (2019 est.)

Anguilla

1.3% (2017 est.)
-0.6% (2016 est.)

Antigua and Barbuda

2.06% (2021 est.)
0.63% (2020 est.)
1.43% (2019 est.)

Argentina

25.7% (2017 est.)
26.5% (2016 est.)

note: data are derived from private estimates

Armenia

7.18% (2021 est.)
1.21% (2020 est.)
1.44% (2019 est.)

Aruba

4.26% (2019 est.)
3.63% (2018 est.)
-1.03% (2017 est.)

Australia

2.86% (2021 est.)
0.85% (2020 est.)
1.61% (2019 est.)

Austria

2.77% (2021 est.)
1.38% (2020 est.)
1.53% (2019 est.)

Azerbaijan

6.65% (2021 est.)
2.76% (2020 est.)
2.61% (2019 est.)

Bahamas, The

2.9% (2021 est.)
0.04% (2020 est.)
2.49% (2019 est.)

Bahrain

-0.61% (2021 est.)
-2.32% (2020 est.)
1.01% (2019 est.)

Bangladesh

5.55% (2021 est.)
5.69% (2020 est.)
5.59% (2019 est.)

Barbados

4.1% (2019 est.)
3.67% (2018 est.)
4.66% (2017 est.)

Belarus

9.46% (2021 est.)
5.55% (2020 est.)
5.6% (2019 est.)

Belgium

2.44% (2021 est.)
0.74% (2020 est.)
1.44% (2019 est.)

Belize

3.24% (2021 est.)
0.12% (2020 est.)
0.19% (2019 est.)

Benin

1.73% (2021 est.)
3.02% (2020 est.)
-0.71% (2019 est.)

Bermuda

1.9% (2017 est.)
1.4% (2016 est.)

Bhutan

7.35% (2021 est.)
5.63% (2020 est.)
2.73% (2019 est.)

Bolivia

0.74% (2021 est.)
0.94% (2020 est.)
1.84% (2019 est.)

Bosnia and Herzegovina

1.98% (2021 est.)
-1.05% (2020 est.)
0.56% (2019 est.)

Botswana

7.24% (2021 est.)
1.89% (2020 est.)
2.77% (2019 est.)

Brazil

8.3% (2021 est.)
3.21% (2020 est.)
3.73% (2019 est.)

British Virgin Islands

4.2% (2022 est.)
2.8% (2021 est.)
0.4% (2020 est.)

Brunei

1.73% (2021 est.)
1.94% (2020 est.)
-0.39% (2019 est.)

Bulgaria

3.3% (2021 est.)
1.67% (2020 est.)
3.1% (2019 est.)

Burkina Faso

3.65% (2021 est.)
1.88% (2020 est.)
-3.23% (2019 est.)

Burma

8.83% (2019 est.)
6.87% (2018 est.)
4.57% (2017 est.)

Burundi

8.4% (2021 est.)
7.32% (2020 est.)
-0.69% (2019 est.)

Cabo Verde

1.86% (2021 est.)
0.61% (2020 est.)
1.11% (2019 est.)

Cambodia

2.92% (2021 est.)
2.94% (2020 est.)
1.94% (2019 est.)

Cameroon

2.27% (2021 est.)
2.44% (2020 est.)
2.45% (2019 est.)

Canada

3.4% (2021 est.)
0.72% (2020 est.)
1.95% (2019 est.)

Cayman Islands

2% (2017 est.)
-0.6% (2016 est.)

Central African Republic

4.26% (2021 est.)
1.71% (2020 est.)
2.69% (2019 est.)

Chad

-0.77% (2021 est.)
4.46% (2020 est.)
-0.97% (2019 est.)

Chile

4.52% (2021 est.)
3.05% (2020 est.)
2.56% (2019 est.)

China

0.98% (2021 est.)
2.42% (2020 est.)
2.9% (2019 est.)

Colombia

3.5% (2021 est.)
2.53% (2020 est.)
3.52% (2019 est.)

Comoros

1% (2017 est.)
1.8% (2016 est.)

Congo, Democratic Republic of the

41.5% (2017 est.)
18.2% (2016 est.)

Congo, Republic of the

1.72% (2021 est.)
1.8% (2020 est.)
2.21% (2019 est.)

Cook Islands

2.2% (2011 est.)

Costa Rica

1.73% (2021 est.)
0.72% (2020 est.)
2.1% (2019 est.)

Cote d'Ivoire

4.09% (2021 est.)
2.43% (2020 est.)
-1.11% (2019 est.)

Croatia

2.55% (2021 est.)
0.15% (2020 est.)
0.77% (2019 est.)

Cuba

5.5% (2017 est.)
4.5% (2016 est.)

Curacao

2.62% (2019 est.)
2.58% (2018 est.)
1.59% (2017 est.)

Cyprus

2.45% (2021 est.)
-0.64% (2020 est.)
0.25% (2019 est.)

Czechia

3.84% (2021 est.)
3.16% (2020 est.)
2.85% (2019 est.)

Denmark

1.85% (2021 est.)
0.42% (2020 est.)
0.76% (2019 est.)

Djibouti

1.78% (2020 est.)
3.32% (2019 est.)
0.15% (2018 est.)

Dominica

-0.73% (2020 est.)
1.5% (2019 est.)
0.99% (2018 est.)

Dominican Republic

8.24% (2021 est.)
3.78% (2020 est.)
1.81% (2019 est.)

Ecuador

0.13% (2021 est.)
-0.34% (2020 est.)
0.27% (2019 est.)

Egypt

5.21% (2021 est.)
5.04% (2020 est.)
9.15% (2019 est.)

El Salvador

3.47% (2021 est.)
-0.37% (2020 est.)
0.08% (2019 est.)

Equatorial Guinea

4.77% (2020 est.)
1.24% (2019 est.)
1.35% (2018 est.)

Eritrea

9% (2017 est.)
9% (2016 est.)

Estonia

4.65% (2021 est.)
-0.44% (2020 est.)
2.28% (2019 est.)

Eswatini

2.6% (2019 est.)
4.82% (2018 est.)
6.22% (2017 est.)

Ethiopia

26.84% (2021 est.)
20.36% (2020 est.)
15.81% (2019 est.)

European Union

2.55% (2021 est.)
0.5% (2020 est.)
1.63% (2019 est.)

Faroe Islands

-0.3% (2016)
-1.7% (2015)

Fiji

0.16% (2021 est.)
-2.6% (2020 est.)
1.77% (2019 est.)

Finland

2.19% (2021 est.)
0.29% (2020 est.)
1.02% (2019 est.)

France

1.64% (2021 est.)
0.48% (2020 est.)
1.11% (2019 est.)

French Polynesia

0% (2015 est.)
0.3% (2014 est.)

Gabon

1.18% (2020 est.)
2.46% (2019 est.)
4.75% (2018 est.)

Gambia, The

7.37% (2021 est.)
5.93% (2020 est.)
7.12% (2019 est.)

Gaza Strip

1.24% (2021 est.)
-0.74% (2020 est.)
1.58% (2019 est.)

note: excludes the West Bank

Georgia

9.57% (2021 est.)
5.2% (2020 est.)
4.85% (2019 est.)

Germany

3.14% (2021 est.)
0.51% (2020 est.)
1.45% (2019 est.)

Ghana

9.97% (2021 est.)
9.89% (2020 est.)
7.14% (2019 est.)

Gibraltar

2.5% (2013 est.)
2.2% (2012 est.)

Greece

1.22% (2021 est.)
-1.25% (2020 est.)
0.25% (2019 est.)

Greenland

0.3% (January 2017 est.)
1.2% (January 2016 est.)

Grenada

1.22% (2021 est.)
-0.74% (2020 est.)
0.6% (2019 est.)

Guam

1% (2017 est.)
0% (2016 est.)

Guatemala

4.26% (2021 est.)
3.21% (2020 est.)
3.7% (2019 est.)

Guernsey

6.8% (2022 est.)
3.4% (June 2006 est.)

note: data represent Retail Price Index inflation rates

Guinea

12.6% (2021 est.)
10.6% (2020 est.)
9.47% (2019 est.)

Guinea-Bissau

2.24% (2021 est.)
1.14% (2020 est.)
0.25% (2019 est.)

Guyana

5.03% (2021 est.)
0.99% (2020 est.)
2.09% (2019 est.)

Haiti

16.84% (2021 est.)
22.8% (2020 est.)
18.7% (2019 est.)

Honduras

4.48% (2021 est.)
3.47% (2020 est.)
4.37% (2019 est.)

Hong Kong

1.57% (2021 est.)
0.25% (2020 est.)
2.88% (2019 est.)

Hungary

5.11% (2021 est.)
3.33% (2020 est.)
3.34% (2019 est.)

Iceland

4.44% (2021 est.)
2.85% (2020 est.)
3.01% (2019 est.)

India

5.13% (2021 est.)
6.62% (2020 est.)
3.73% (2019 est.)

Indonesia

1.56% (2021 est.)
1.92% (2020 est.)
3.03% (2019 est.)

Iran

43.39% (2021 est.)
30.59% (2020 est.)
39.91% (2019 est.)

note: official Iranian estimate

Iraq

6.04% (2021 est.)
0.57% (2020 est.)
-0.2% (2019 est.)

Ireland

2.36% (2021 est.)
-0.33% (2020 est.)
0.94% (2019 est.)

Isle of Man

4.1% (2017 est.)
1% (2016 est.)

Israel

1.49% (2021 est.)
-0.59% (2020 est.)
0.84% (2019 est.)

Italy

1.87% (2021 est.)
-0.14% (2020 est.)
0.61% (2019 est.)

Jamaica

5.86% (2021 est.)
5.23% (2020 est.)
3.91% (2019 est.)

Japan

-0.23% (2021 est.)
-0.02% (2020 est.)
0.47% (2019 est.)

Jersey

3.7% (2006)

Jordan

1.35% (2021 est.)
0.33% (2020 est.)
0.76% (2019 est.)

Kazakhstan

6.75% (2020 est.)
5.25% (2019 est.)
6.02% (2018 est.)

Kenya

6.11% (2021 est.)
5.4% (2020 est.)
5.24% (2019 est.)

Kiribati

-1.81% (2019 est.)
0.56% (2018 est.)
0.36% (2017 est.)

Korea, South

2.5% (2021 est.)
0.54% (2020 est.)
0.38% (2019 est.)

Kosovo

3.35% (2021 est.)
0.2% (2020 est.)
2.68% (2019 est.)

Kuwait

3.42% (2021 est.)
2.1% (2020 est.)
1.09% (2019 est.)

Kyrgyzstan

11.91% (2021 est.)
6.33% (2020 est.)
1.13% (2019 est.)

Laos

3.76% (2021 est.)
5.1% (2020 est.)
3.32% (2019 est.)

Latvia

3.28% (2021 est.)
0.22% (2020 est.)
2.81% (2019 est.)

Lebanon

154.76% (2021 est.)
84.86% (2020 est.)
3.01% (2019 est.)

Lesotho

6.05% (2021 est.)
4.98% (2020 est.)
5.19% (2019 est.)

Liberia

23.56% (2018 est.)
12.42% (2017 est.)

Libya

28.5% (2017 est.)
25.9% (2016 est.)

Liechtenstein

-0.4% (2016 est.)
-0.2% (2013)

Lithuania

4.68% (2021 est.)
1.2% (2020 est.)
2.33% (2019 est.)

Luxembourg

2.53% (2021 est.)
0.82% (2020 est.)
1.74% (2019 est.)

Macau

0.81% (2020 est.)
2.75% (2019 est.)
3% (2018 est.)

Madagascar

5.81% (2021 est.)
4.2% (2020 est.)
5.61% (2019 est.)

Malawi

8.63% (2020 est.)
9.37% (2019 est.)
12.42% (2018 est.)

Malaysia

2.48% (2021 est.)
-1.14% (2020 est.)
0.66% (2019 est.)

note: approximately 30% of goods are price-controlled

Maldives

0.54% (2021 est.)
-1.37% (2020 est.)
0.22% (2019 est.)

Mali

3.93% (2021 est.)
0.44% (2020 est.)
-1.66% (2019 est.)

Malta

1.5% (2021 est.)
0.64% (2020 est.)
1.64% (2019 est.)

Marshall Islands

0% (2017 est.)
-1.5% (2016 est.)

Mauritania

3.57% (2021 est.)
2.39% (2020 est.)
2.3% (2019 est.)

Mauritius

4.03% (2021 est.)
2.58% (2020 est.)
0.41% (2019 est.)

Mexico

5.69% (2021 est.)
3.4% (2020 est.)
3.64% (2019 est.)

Micronesia, Federated States of

0.55% (2020 est.)
1.54% (2019 est.)
1.79% (2018 est.)

Moldova

5.11% (2021 est.)
3.77% (2020 est.)
4.84% (2019 est.)

Monaco

1.5% (2010)

Mongolia

7.35% (2021 est.)
3.8% (2020 est.)
7.3% (2019 est.)

Montenegro

2.41% (2021 est.)
-0.26% (2020 est.)
0.36% (2019 est.)

Montserrat

1.2% (2017 est.)
-0.2% (2016 est.)

Morocco

1.4% (2021 est.)
0.71% (2020 est.)
0.3% (2019 est.)

Mozambique

5.69% (2021 est.)
3.14% (2020 est.)
2.78% (2019 est.)

Namibia

3.62% (2021 est.)
2.21% (2020 est.)
3.72% (2019 est.)

Nauru

5.1% (2017 est.)
8.2% (2016 est.)

Nepal

4.09% (2021 est.)
5.05% (2020 est.)
5.57% (2019 est.)

Netherlands

2.68% (2021 est.)
1.27% (2020 est.)
2.63% (2019 est.)

New Caledonia

1.4% (2017 est.)
0.6% (2016 est.)

New Zealand

3.94% (2021 est.)
1.71% (2020 est.)
1.62% (2019 est.)

Nicaragua

4.93% (2021 est.)
3.68% (2020 est.)
5.38% (2019 est.)

Niger

3.84% (2021 est.)
2.9% (2020 est.)
-2.49% (2019 est.)

Nigeria

16.95% (2021 est.)
13.25% (2020 est.)
11.4% (2019 est.)

Niue

4% (2005)

North Macedonia

3.23% (2021 est.)
1.2% (2020 est.)
0.77% (2019 est.)

Northern Mariana Islands

0.3% (2016 est.)
0.1% (2015 est.)

Norway

3.48% (2021 est.)
1.29% (2020 est.)
2.17% (2019 est.)

Oman

1.55% (2021 est.)
-0.9% (2020 est.)
0.13% (2019 est.)

Pakistan

9.5% (2021 est.)
9.74% (2020 est.)
10.58% (2019 est.)

Palau

2.61% (2021 est.)
0.22% (2020 est.)
0.27% (2019 est.)

Panama

1.63% (2021 est.)
-1.55% (2020 est.)
-0.36% (2019 est.)

Papua New Guinea

4.48% (2021 est.)
4.87% (2020 est.)
3.93% (2019 est.)

Paraguay

4.79% (2021 est.)
1.77% (2020 est.)
2.76% (2019 est.)

Peru

4.27% (2021 est.)
2% (2020 est.)
2.25% (2019 est.)

note: data are for metropolitan Lima, annual average

Philippines

3.93% (2021 est.)
2.39% (2020 est.)
2.39% (2019 est.)

Poland

5.06% (2021 est.)
3.37% (2020 est.)
2.23% (2019 est.)

Portugal

1.27% (2021 est.)
-0.01% (2020 est.)
0.34% (2019 est.)

Puerto Rico

1.8% (2017 est.)
-0.3% (2016 est.)

Qatar

2.3% (2021 est.)
-2.54% (2020 est.)
-0.67% (2019 est.)

Romania

5.05% (2021 est.)
2.63% (2020 est.)
3.83% (2019 est.)

Russia

6.69% (2021 est.)
3.38% (2020 est.)
4.47% (2019 est.)

Rwanda

-0.39% (2021 est.)
9.85% (2020 est.)
3.35% (2019 est.)

Saint Kitts and Nevis

1.2% (2021 est.)
-1.17% (2020 est.)
-0.33% (2019 est.)

Saint Lucia

2.41% (2021 est.)
-1.76% (2020 est.)
0.54% (2019 est.)

Saint Pierre and Miquelon

1.5% (2015)
4.5% (2010)

Saint Vincent and the Grenadines

1.57% (2021 est.)
-0.63% (2020 est.)
0.91% (2019 est.)

Samoa

3.13% (2021 est.)
-1.57% (2020 est.)
0.98% (2019 est.)

San Marino

1.05% (2017 est.)
0.6% (2016 est.)

Sao Tome and Principe

7.86% (2018 est.)
5.7% (2017 est.)
5.6% (2017 est.)

Saudi Arabia

3.06% (2021 est.)
3.45% (2020 est.)
-2.09% (2019 est.)

Senegal

2.55% (2020 est.)
1.76% (2019 est.)
0.46% (2018 est.)

Serbia

4.09% (2021 est.)
1.58% (2020 est.)
1.85% (2019 est.)

Seychelles

8.28% (2020 est.)
2.07% (2019 est.)
3.7% (2018 est.)

Sierra Leone

11.87% (2021 est.)
13.45% (2020 est.)
14.8% (2019 est.)

Singapore

2.3% (2021 est.)
-0.18% (2020 est.)
0.57% (2019 est.)

Sint Maarten

2.19% (2017 est.)
0.7% (2009 est.)

Slovakia

3.15% (2021 est.)
1.94% (2020 est.)
2.66% (2019 est.)

Slovenia

1.92% (2021 est.)
-0.05% (2020 est.)
1.63% (2019 est.)

Solomon Islands

-0.12% (2021 est.)
2.96% (2020 est.)
1.63% (2019 est.)

Somalia

1.5% (2017 est.)
-71.1% (2016 est.)

South Africa

4.61% (2021 est.)
3.21% (2020 est.)
4.12% (2019 est.)

South Sudan

10.52% (2021 est.)
29.68% (2020 est.)
87.24% (2019 est.)

Spain

3.09% (2021 est.)
-0.32% (2020 est.)
0.7% (2019 est.)

Sri Lanka

7.01% (2021 est.)
6.15% (2020 est.)
3.53% (2019 est.)

Sudan

382.82% (2021 est.)
150.32% (2020 est.)
50.99% (2019 est.)

Suriname

59.11% (2021 est.)
34.89% (2020 est.)
22% (2017 est.)

Sweden

2.16% (2021 est.)
0.5% (2020 est.)
1.78% (2019 est.)

Switzerland

0.58% (2021 est.)
-0.73% (2020 est.)
0.36% (2019 est.)

Syria

28.1% (2017 est.)
47.3% (2016 est.)

Taiwan

0.5% (2019 est.)
1.3% (2018 est.)
0.6% (2017 est.)

Tajikistan

7.7% (2019 est.)
3.9% (2018 est.)
7.3% (2017 est.)

Tanzania

3.69% (2021 est.)
3.29% (2020 est.)
3.46% (2019 est.)

Thailand

1.23% (2021 est.)
-0.85% (2020 est.)
0.71% (2019 est.)

Timor-Leste

0.96% (2019 est.)
2.29% (2018 est.)
0.52% (2017 est.)

Togo

1.83% (2020 est.)
0.69% (2019 est.)
0.93% (2018 est.)

Tokelau

4% (2020 est.)
2.5% (2019 est.)
11% (2017 est.)

note: Tokelau notes that its wide inflation swings are due almost entirely due to cigarette prices, a chief import.

Tonga

5.64% (2021 est.)
-0.35% (2020 est.)
1.18% (2019 est.)

Trinidad and Tobago

2.06% (2021 est.)
0.6% (2020 est.)
1% (2019 est.)

Tunisia

5.71% (2021 est.)
5.63% (2020 est.)
6.72% (2019 est.)

Turkey (Turkiye)

19.6% (2021 est.)
12.28% (2020 est.)
15.18% (2019 est.)

Turkmenistan

8% (2017 est.)
3.6% (2016 est.)

Turks and Caicos Islands

4% (2017 est.)
0.7% (2016 est.)

Tuvalu

4.1% (2017 est.)
3.5% (2016 est.)

Uganda

2.2% (2021 est.)
3.31% (2020 est.)
2.87% (2019 est.)

Ukraine

9.36% (2021 est.)
2.73% (2020 est.)
7.89% (2019 est.)

note: Excluding the temporarily occupied territories of the Autonomous Republic of Crimea, the city of Sevastopol and part of the anti-terrorist operation zone

United Arab Emirates

-2.08% (2020 est.)
-1.93% (2019 est.)
3.07% (2018 est.)

United Kingdom

2.52% (2021 est.)
0.99% (2020 est.)
1.74% (2019 est.)

United States

4.7% (2021 est.)
1.23% (2020 est.)
1.81% (2019 est.)

Uruguay

7.75% (2021 est.)
9.76% (2020 est.)
7.88% (2019 est.)

Uzbekistan

10.85% (2021 est.)
12.87% (2020 est.)
14.53% (2019 est.)

note: official data; based on independent analysis of consumer prices, inflation reached 22% in 2012

Vanuatu

2.34% (2021 est.)
5.33% (2020 est.)
2.76% (2019 est.)

Venezuela

146,101.7% (2019 est.)
45,518.1% (2018 est.)
416.8% (2017 est.)

Vietnam

1.83% (2021 est.)
3.22% (2020 est.)
2.8% (2019 est.)

Virgin Islands

1% (2016 est.)
2.6% (2015 est.)

Wallis and Futuna

0.9% (2015)
2.8% (2005)

West Bank

1.24% (2021 est.)
-0.74% (2020 est.)
1.58% (2019 est.)

note: excludes Gaza Strip

World

3.5% (2021 est.)
1.92% (2020 est.)
2.19% (2019 est.)

developed countries: 1.9% (2017 est.) 0.9% (2016 est.)

developing countries: 8.8% (2017 est.) 3.7% (2016 est.)

note: the above estimates are weighted averages; inflation in developed countries is 0% to 4% typically, in developing countries, 4% to 10% typically; national inflation rates vary widely in individual cases; inflation rates have declined for most countries for the last several years, held in check by increasing international competition from several low wage countries and by soft demand due to the world financial crisis

Yemen

24.7% (2017 est.)
-12.6% (2016 est.)

Zambia

22.02% (2021 est.)
15.73% (2020 est.)
9.15% (2019 est.)

Zimbabwe

98.55% (2021 est.)
557.2% (2020 est.)
255.3% (2019 est.)