Inflation refers to an overall increase in the Consumer Price Index (CPI), which is a weighted average of prices for different goods. The set of goods that make up the index depends on which are considered representative of a common consumption basket. Therefore, depending on the country and the consumption habits of the majority of the population, the index will comprise different goods. Some goods might record a drop in prices, whereas others may increase, thus the overall value of the CPI will depend on the weight of each of the goods with respect to the whole basket. Annual inflation refers to the percent change of the CPI compared to the same month of the previous year.
This chart displays Inflation (CPI, ann. var. %, aop) for Major Economies, Middle East & North Africa, Latin America, South Asia from 2010 to 2022.
Inflation Rate (CPI, annual variation in %) Data
| 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|
| Afghanistan | 0.6 | 2.3 | - | - | - |
| Albania | 2.0 | 1.4 | 1.6 | 2.0 | 6.7 |
| Algeria | 3.5 | 2.4 | 2.8 | 8.7 | 9.5 |
| Andorra | 1.0 | 0.5 | 0.1 | 1.7 | 6.2 |
| Angola | 19.6 | 17.1 | 22.3 | 25.8 | 21.4 |
| Antigua and Barbuda | 1.2 | 1.4 | 1.1 | 1.6 | 7.5 |
| Argentina | 34.3 | 53.5 | 42.0 | 48.4 | 72.4 |
| Armenia | 2.5 | 1.4 | 1.2 | 7.2 | 8.6 |
| Aruba | -4.8 | -0.7 | - | - | - |
| Australia | 1.9 | 1.6 | 0.8 | 2.9 | 6.6 |
| Austria | 2.0 | 1.5 | 1.4 | 2.8 | 8.5 |
| Azerbaijan | 2.3 | 2.7 | 2.8 | 6.7 | 13.8 |
| Bahamas, The | 2.3 | 2.5 | 0.0 | 2.9 | 5.6 |
| Bahrain | 2.1 | 1.0 | -2.3 | -0.6 | 3.6 |
| Bangladesh | 5.5 | 5.6 | 5.7 | 5.5 | 7.7 |
| Barbados | 84.1 | 2.3 | 0.5 | 1.6 | 5.0 |
| Belarus | 4.9 | 5.6 | 5.6 | 9.4 | 15.2 |
| Belgium | 2.1 | 1.4 | 0.7 | 2.4 | 9.6 |
| Belize | 0.3 | 0.2 | 0.1 | 3.2 | 6.3 |
| Benin | 0.6 | -0.7 | 3.0 | 1.7 | 1.4 |
| Bhutan | 2.7 | 2.7 | 5.6 | 7.3 | 5.6 |
| Bolivia | 2.3 | 1.8 | 0.9 | 0.7 | 1.7 |
| Bosnia-Herz. | 1.4 | 0.6 | -1.1 | 2.0 | 14.0 |
| Botswana | 3.2 | 2.8 | 1.9 | 6.7 | 12.2 |
| Brazil | 3.7 | 3.7 | 3.2 | 8.3 | 9.3 |
| Brunei | 1.0 | -0.4 | 1.9 | 1.7 | 3.7 |
| Bulgaria | 2.8 | 3.1 | 1.7 | 3.3 | 15.3 |
| Burkina Faso | 2.0 | -3.2 | 1.9 | 3.9 | 14.1 |
| Burundi | -2.8 | -0.7 | 7.3 | 8.4 | 18.8 |
| Cabo Verde | 1.3 | 1.1 | 0.6 | 1.9 | 7.9 |
| Cambodia | 2.5 | 1.9 | 2.9 | 2.9 | 5.3 |
| Cameroon | 1.1 | 2.5 | 2.5 | 2.3 | 6.3 |
| Canada | 2.3 | 1.9 | 0.7 | 3.4 | 6.8 |
| CdI | 0.4 | -1.1 | 2.4 | 4.1 | 5.3 |
| Central African Republic | -3.4 | -0.8 | 0.9 | 5.2 | 11.1 |
| Chad | 4.0 | -1.0 | 4.5 | -0.8 | 5.8 |
| Chile | 2.4 | 2.6 | 3.0 | 4.5 | 11.6 |
| China | 2.1 | 2.9 | 2.5 | 0.9 | 2.0 |
| Colombia | 3.2 | 3.5 | 2.5 | 3.5 | 10.2 |
| Comoros | 0.6 | 6.3 | -4.8 | 7.1 | - |
| Congo | 29.3 | 4.7 | 11.4 | 9.0 | 9.3 |
| Costa Rica | 2.2 | 2.1 | 0.7 | 1.7 | 8.3 |
| Croatia | 1.5 | 0.8 | 0.2 | 2.6 | 10.8 |
| Cuba | - | - | - | - | 24.6 |
| Cyprus | 1.4 | 0.3 | -0.6 | 2.4 | 8.4 |
| Czech Republic | 2.1 | 2.8 | 3.2 | 3.8 | 15.1 |
| Denmark | 0.8 | 0.8 | 0.4 | 1.9 | 7.7 |
| Djibouti | 0.1 | 3.3 | 1.8 | 1.2 | 5.2 |
| Dominica | 1.0 | 1.5 | -0.7 | 1.5 | 7.8 |
| Dominican Republic | 3.6 | 1.8 | 3.8 | 8.2 | 8.8 |
| DR Congo | 29.3 | 4.7 | 11.4 | 9.0 | 9.3 |
| Ecuador | -0.2 | 0.3 | -0.3 | 0.1 | 3.5 |
| Egypt | 14.4 | 9.2 | 5.1 | 5.2 | 13.9 |
| El Salvador | 1.1 | 0.1 | -0.4 | 3.5 | 7.2 |
| Equatorial Guinea | 36.4 | 38.4 | 45.0 | 44.9 | 51.8 |
| Eritrea | -14.4 | 1.3 | - | - | - |
| Estonia | 3.4 | 2.3 | -0.4 | 4.7 | 19.4 |
| Ethiopia | 13.8 | 15.8 | 20.3 | 26.8 | 33.9 |
| Fiji | 4.1 | 1.8 | -2.6 | 0.2 | 4.3 |
| Finland | 1.1 | 1.0 | 0.3 | 2.2 | 7.1 |
| France | 1.9 | 1.1 | 0.5 | 1.6 | 5.2 |
| Gabon | - | -2.4 | 1.4 | 1.1 | 4.2 |
| Gambia, The | 6.5 | 7.1 | 5.9 | 7.4 | 11.5 |
| Georgia | 2.6 | 4.9 | 5.2 | 9.6 | 11.9 |
| Germany | 1.8 | 1.4 | 0.5 | 3.1 | 6.9 |
| Ghana | 9.8 | 8.4 | 8.7 | 10.0 | 31.9 |
| Greece | 0.6 | 0.3 | -1.2 | 1.2 | 9.6 |
| Grenada | 0.8 | 0.6 | -0.7 | 1.2 | 2.6 |
| Guatemala | 3.8 | 3.7 | 3.2 | 4.3 | 6.9 |
| Guinea | -8.7 | 0.0 | 10.6 | 24.5 | 37.6 |
| Guinea-Bissau | 0.4 | 0.2 | 1.1 | 2.2 | 9.4 |
| Guyana | 1.3 | 2.1 | 1.0 | 5.0 | 6.1 |
| Haiti | 12.5 | 129.0 | 22.8 | 16.8 | 34.0 |
| Honduras | 4.3 | 4.4 | 3.5 | 4.5 | 9.1 |
| Hong Kong | 2.4 | 2.9 | 0.3 | 1.6 | 1.9 |
| Hungary | 2.8 | 3.3 | 3.3 | 5.1 | 14.6 |
| Iceland | 2.7 | 3.0 | 2.8 | 4.4 | 8.3 |
| India | 3.4 | 4.8 | 6.2 | 5.5 | 6.7 |
| Indonesia | 3.2 | 2.8 | 2.0 | 1.6 | 4.2 |
| Iran | 18.0 | 40.0 | 30.5 | 43.6 | 41.9 |
| Iraq | 0.4 | -0.2 | 0.6 | 6.0 | 5.0 |
| Ireland | 0.5 | 0.9 | -0.3 | 2.4 | 7.8 |
| Israel | 0.8 | 0.8 | -0.6 | 1.5 | 4.4 |
| Italy | 1.1 | 0.6 | -0.1 | 1.9 | 8.2 |
| Jamaica | 3.7 | 3.9 | 5.7 | 5.9 | 10.3 |
| Japan | 1.0 | 0.5 | 0.0 | -0.2 | 2.5 |
| Jordan | 4.5 | 0.8 | 0.3 | 1.3 | 4.2 |
| Kazakhstan | 6.0 | 5.3 | 6.8 | 8.0 | 15.0 |
| Kenya | 4.7 | 5.2 | 5.4 | 6.1 | 7.7 |
| Kiribati | 27.9 | 25.5 | 28.7 | 31.4 | - |
| Korea | 1.5 | 0.4 | 0.5 | 2.5 | 5.1 |
| Kosovo | 1.1 | 2.7 | 0.2 | 3.3 | 11.6 |
| Kuwait | 0.6 | 1.1 | 2.1 | 3.4 | 4.0 |
| Kyrgyzstan | 1.5 | 1.1 | 6.3 | 11.9 | 13.9 |
| Laos | 2.0 | 3.3 | 5.1 | 3.8 | 23.0 |
| Latvia | 2.5 | 2.8 | 0.2 | 3.3 | 17.3 |
| Lebanon | 6.1 | 2.9 | 84.9 | 154.8 | 171.2 |
| Lesotho | 3.9 | 5.2 | 5.0 | 6.0 | 8.3 |
| Liberia | 256.2 | 352.2 | 428.9 | 470.2 | 513.5 |
| Libya | 14.0 | -2.9 | 1.5 | 2.9 | 4.5 |
| Lithuania | 2.7 | 2.3 | 1.2 | 4.7 | 19.7 |
| Luxembourg | 1.5 | 1.7 | 0.8 | 2.5 | 6.3 |
| Macao | 3.0 | 2.8 | 0.8 | 0.0 | 1.0 |
| Madagascar | 8.6 | 5.6 | 4.2 | 5.8 | 8.2 |
| Malawi | 12.4 | 9.4 | 8.6 | 9.3 | 21.0 |
| Malaysia | 1.0 | 0.7 | -1.1 | 2.5 | 3.4 |
| Maldives | -0.1 | 0.2 | -1.4 | 0.5 | 2.3 |
| Mali | 1.9 | -3.0 | 0.5 | 3.8 | 9.7 |
| Malta | 1.2 | 1.6 | 0.6 | 1.5 | 6.2 |
| Marshall Islands | 47.7 | 47.6 | 46.6 | 49.9 | 54.7 |
| Mauritania | 3.0 | 2.4 | 2.3 | 3.6 | 9.6 |
| Mauritius | 3.2 | 0.4 | 2.5 | 4.0 | 10.8 |
| Mexico | 4.9 | 3.6 | 3.4 | 5.7 | 7.9 |
| Micronesia, Federated States of | 1.0 | 2.2 | 1.0 | 1.8 | 5.0 |
| Moldova | 3.0 | 4.8 | 3.8 | 5.1 | 28.7 |
| Mongolia | 6.8 | 7.3 | 3.7 | 7.0 | 15.2 |
| Montenegro | 2.6 | 0.4 | -0.3 | 2.4 | 13.0 |
| Morocco | 1.6 | 0.2 | 0.6 | 1.4 | 6.7 |
| Mozambique | 3.4 | 2.9 | 3.6 | 6.4 | 10.3 |
| Myanmar | 6.9 | 8.8 | 3.8 | 6.2 | - |
| Namibia | 4.3 | 3.7 | 2.2 | 3.6 | 6.1 |
| Nauru | -14.4 | 4.2 | 1.0 | 2.0 | - |
| Nepal | 4.1 | 5.6 | 5.1 | 4.1 | 7.7 |
| Netherlands | 1.7 | 2.6 | 1.3 | 2.7 | 10.0 |
| New Zealand | 1.6 | 1.6 | 1.7 | 3.9 | 7.2 |
| Nicaragua | 4.9 | 5.4 | 3.7 | 4.9 | 10.5 |
| Niger | 2.8 | -2.5 | 2.7 | 4.1 | 4.2 |
| Nigeria | 12.1 | 11.4 | 13.2 | 17.0 | 18.8 |
| North Macedonia | 1.4 | 0.8 | 1.2 | 3.2 | 14.1 |
| Norway | 2.8 | 2.2 | 1.3 | 3.5 | 5.8 |
| Oman | 0.9 | 0.1 | -0.9 | 1.5 | 2.8 |
| Pakistan | 5.8 | 9.4 | 9.5 | 9.5 | 19.9 |
| Palau | 2.8 | 3.1 | 3.3 | 6.1 | 19.2 |
| Panama | 0.8 | -0.4 | -1.6 | 1.6 | 2.9 |
| Papua New Guinea | 4.4 | 3.9 | 4.9 | 4.5 | 5.3 |
| Paraguay | 4.0 | 2.8 | 1.8 | 4.8 | 9.8 |
| Peru | 1.3 | 2.1 | 1.8 | 4.0 | 7.9 |
| Philippines | 5.2 | 2.4 | 2.4 | 3.9 | 5.8 |
| Poland | 1.7 | 2.3 | 3.4 | 5.1 | 14.3 |
| Portugal | 1.0 | 0.3 | 0.0 | 1.3 | 7.8 |
| Puerto Rico | 1.6 | 0.5 | 0.0 | 0.2 | 4.7 |
| Qatar | 0.3 | -0.7 | -2.8 | 2.3 | 5.0 |
| Romania | 4.6 | 3.8 | 2.6 | 5.0 | 13.7 |
| Russia | 2.9 | 4.5 | 3.4 | 6.7 | 13.8 |
| Rwanda | -0.3 | 3.3 | 9.9 | -0.4 | 17.7 |
| Saint Kitts and Nevis | 6.7 | 5.8 | 4.6 | 6.6 | 10.7 |
| Saint Lucia | 1.2 | 1.8 | 0.0 | 2.4 | 8.9 |
| Saint Vincent and the Grenadines | 2.3 | 0.9 | -0.6 | 1.6 | 5.7 |
| Samoa | 7.2 | 8.3 | 6.6 | 9.9 | 22.0 |
| Sao Tome and Principe | 7.9 | 7.7 | 9.8 | 8.1 | 18.0 |
| Saudi Arabia | 2.5 | -2.1 | 3.4 | 3.1 | 2.5 |
| Senegal | 0.5 | 1.8 | 2.5 | 2.2 | 9.7 |
| Serbia | 2.0 | 1.8 | 1.6 | 4.1 | 12.0 |
| Seychelles | 9.8 | 11.8 | 13.2 | 24.2 | 27.6 |
| Sierra Leone | 16.0 | 14.8 | 13.4 | 11.9 | 27.2 |
| Singapore | 0.4 | 0.6 | -0.2 | 2.3 | 6.1 |
| Slovakia | 2.5 | 2.7 | 1.9 | 3.1 | 12.8 |
| Slovenia | 1.7 | 1.6 | -0.1 | 1.9 | 8.8 |
| Solomon Islands | 3.5 | 5.2 | 8.3 | 8.2 | 14.1 |
| Somalia | 11.2 | 14.6 | 20.2 | 27.0 | 34.7 |
| South Africa | 4.6 | 4.1 | 3.3 | 4.6 | 6.9 |
| South Sudan | 83.5 | 87.2 | 29.7 | 10.5 | -6.7 |
| Spain | 1.7 | 0.7 | -0.3 | 3.1 | 8.4 |
| Sri Lanka | 4.3 | 4.3 | 4.6 | 5.9 | 44.8 |
| Sudan | 63.3 | 51.0 | 163.3 | 359.1 | 138.8 |
| Suriname | 7.1 | 4.3 | 34.9 | 59.1 | 52.4 |
| Swaziland | 4.8 | 2.6 | 3.9 | 3.7 | 4.8 |
| Sweden | 2.0 | 1.8 | 0.5 | 2.2 | 8.4 |
| Switzerland | 0.9 | 0.4 | -0.7 | 0.6 | 2.8 |
| Syrian Arab Republic | 0.7 | 13.7 | - | - | - |
| Taiwan | 1.4 | 0.6 | -0.2 | 2.0 | 2.9 |
| Tajikistan | 3.9 | 7.8 | 8.6 | 9.0 | 6.6 |
| Tanzania | 3.5 | 3.4 | 3.3 | 3.7 | 4.3 |
| Thailand | 1.1 | 0.7 | -0.8 | 1.2 | 6.1 |
| Timor-Leste | 2.3 | 0.9 | 0.5 | 3.8 | 7.0 |
| Togo | 3.4 | 4.1 | 5.9 | 10.3 | 19.1 |
| Tonga | 6.8 | 3.3 | 0.4 | 1.4 | 8.5 |
| Trinidad and Tobago | 1.0 | 1.0 | 0.6 | 2.1 | 5.8 |
| Tunisia | 7.3 | 6.7 | 5.6 | 5.7 | 8.3 |
| Turkey | 16.3 | 15.2 | 12.3 | 19.6 | 72.3 |
| Turkmenistan | 13.3 | 5.1 | 6.1 | 19.5 | 11.2 |
| Tuvalu | 2.2 | 3.5 | 1.9 | 6.2 | 11.5 |
| UAE | 3.1 | -2.0 | -2.1 | 0.2 | 4.8 |
| Uganda | 2.1 | 2.1 | 2.8 | 2.2 | 7.2 |
| Ukraine | 11.0 | 7.9 | 2.7 | 9.3 | 20.1 |
| United Kingdom | 2.5 | 1.8 | 0.9 | 2.6 | 9.1 |
| United States | 2.4 | 1.8 | 1.2 | 4.7 | 8.0 |
| Uruguay | 7.6 | 7.9 | 9.8 | 7.7 | 9.1 |
| Uzbekistan | 17.5 | 14.5 | 12.9 | 10.8 | 11.4 |
| Vanuatu | 2.3 | 2.8 | 5.3 | 2.3 | 7.1 |
| Venezuela | 65,374.1 | 19,906.0 | 2,355.1 | 1,588.5 | 186.7 |
| Vietnam | 3.5 | 2.8 | 3.2 | 1.8 | 3.2 |
| West Bank and Gaza | 0.0 | 1.6 | 0.8 | 2.1 | 5.9 |
| Yemen | 33.6 | 15.4 | 19.6 | 26.0 | 29.1 |
| Zambia | 7.5 | 9.2 | 15.7 | 22.0 | 11.0 |
| Zimbabwe | 10.6 | 255.3 | 12.0 | 19.7 | 43.5 |