North America - Inflation
Inflation, consumer prices (annual %)
The value for Inflation, consumer prices (annual %) in North America was 4.05 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 11.84 in 1980 and a minimum value of -0.03 in 2009.
Definition: 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.
Source: International Monetary Fund, International Financial Statistics and data files.
See also:
| Year | Value |
|---|---|
| 1960 | 1.41 |
| 1961 | 1.04 |
| 1962 | 1.13 |
| 1963 | 1.43 |
| 1964 | 1.60 |
| 1965 | 1.96 |
| 1966 | 3.42 |
| 1967 | 3.18 |
| 1968 | 4.16 |
| 1969 | 5.01 |
| 1970 | 4.59 |
| 1971 | 3.50 |
| 1972 | 4.13 |
| 1973 | 6.83 |
| 1974 | 11.03 |
| 1975 | 9.91 |
| 1976 | 6.64 |
| 1977 | 7.24 |
| 1978 | 8.30 |
| 1979 | 10.20 |
| 1980 | 11.84 |
| 1981 | 11.40 |
| 1982 | 8.45 |
| 1983 | 4.54 |
| 1984 | 4.30 |
| 1985 | 3.75 |
| 1986 | 3.05 |
| 1987 | 4.01 |
| 1988 | 4.05 |
| 1989 | 4.91 |
| 1990 | 5.09 |
| 1991 | 4.93 |
| 1992 | 2.26 |
| 1993 | 2.41 |
| 1994 | 1.39 |
| 1995 | 2.48 |
| 1996 | 2.25 |
| 1997 | 1.98 |
| 1998 | 1.27 |
| 1999 | 1.96 |
| 2000 | 3.05 |
| 2001 | 2.68 |
| 2002 | 1.92 |
| 2003 | 2.51 |
| 2004 | 2.27 |
| 2005 | 2.80 |
| 2006 | 2.61 |
| 2007 | 2.50 |
| 2008 | 3.10 |
| 2009 | -0.03 |
| 2010 | 1.71 |
| 2011 | 3.03 |
| 2012 | 1.79 |
| 2013 | 1.20 |
| 2014 | 1.76 |
| 2015 | 0.62 |
| 2016 | 1.35 |
| 2017 | 1.86 |
| 2018 | 2.36 |
| 2019 | 1.88 |
| 2020 | 0.98 |
| 2021 | 4.05 |
Inflation, GDP deflator (annual %)
The value for Inflation, GDP deflator (annual %) in North America was 0.75 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 15.60 in 1996 and a minimum value of 0.75 in 2020.
Definition: Inflation as measured by the annual growth rate of the GDP implicit deflator shows the rate of price change in the economy as a whole. The GDP implicit deflator is the ratio of GDP in current local currency to GDP in constant local currency.
Source: World Bank national accounts data, and OECD National Accounts data files.
See also:
| Year | Value |
|---|---|
| 1961 | 1.35 |
| 1962 | 1.24 |
| 1963 | 1.27 |
| 1964 | 1.50 |
| 1965 | 1.92 |
| 1966 | 2.90 |
| 1967 | 3.48 |
| 1968 | 4.37 |
| 1969 | 4.96 |
| 1970 | 5.94 |
| 1971 | 7.31 |
| 1972 | 6.92 |
| 1973 | 9.15 |
| 1974 | 11.99 |
| 1975 | 7.81 |
| 1976 | 4.14 |
| 1977 | 7.74 |
| 1978 | 5.98 |
| 1979 | 7.36 |
| 1980 | 9.44 |
| 1981 | 13.59 |
| 1982 | 9.19 |
| 1983 | 7.46 |
| 1984 | 6.95 |
| 1985 | 5.39 |
| 1986 | 3.92 |
| 1987 | 4.48 |
| 1988 | 4.21 |
| 1989 | 4.78 |
| 1990 | 4.89 |
| 1991 | 4.91 |
| 1992 | 2.55 |
| 1993 | 3.78 |
| 1994 | 2.05 |
| 1995 | 3.14 |
| 1996 | 15.60 |
| 1997 | 2.91 |
| 1998 | 1.13 |
| 1999 | 2.71 |
| 2000 | 2.24 |
| 2001 | 2.04 |
| 2002 | 1.58 |
| 2003 | 1.86 |
| 2004 | 2.69 |
| 2005 | 3.11 |
| 2006 | 3.03 |
| 2007 | 2.69 |
| 2008 | 3.98 |
| 2009 | 0.76 |
| 2010 | 2.24 |
| 2011 | 2.09 |
| 2012 | 1.92 |
| 2013 | 1.74 |
| 2014 | 1.94 |
| 2015 | 0.95 |
| 2016 | 1.05 |
| 2017 | 1.88 |
| 2018 | 1.62 |
| 2019 | 1.79 |
| 2020 | 0.75 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices
