OECD members - Inflation
Inflation, consumer prices (annual %)
The value for Inflation, consumer prices (annual %) in OECD members was 2.82 as of 2021. As the graph below shows, over the past 61 years this indicator reached a maximum value of 15.55 in 1974 and a minimum value of 0.34 in 2015.
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 | 1.95 |
| 1961 | 2.16 |
| 1962 | 4.26 |
| 1963 | 2.97 |
| 1964 | 3.44 |
| 1965 | 4.19 |
| 1966 | 4.17 |
| 1967 | 3.58 |
| 1968 | 4.09 |
| 1969 | 3.49 |
| 1970 | 5.73 |
| 1971 | 6.40 |
| 1972 | 6.56 |
| 1973 | 9.14 |
| 1974 | 15.55 |
| 1975 | 14.16 |
| 1976 | 11.64 |
| 1977 | 11.18 |
| 1978 | 8.62 |
| 1979 | 10.13 |
| 1980 | 13.63 |
| 1981 | 13.64 |
| 1982 | 11.34 |
| 1983 | 8.87 |
| 1984 | 7.67 |
| 1985 | 6.73 |
| 1986 | 5.29 |
| 1987 | 4.75 |
| 1988 | 5.82 |
| 1989 | 6.26 |
| 1990 | 6.72 |
| 1991 | 5.93 |
| 1992 | 5.06 |
| 1993 | 4.60 |
| 1994 | 3.50 |
| 1995 | 4.35 |
| 1996 | 3.00 |
| 1997 | 2.27 |
| 1998 | 2.11 |
| 1999 | 2.17 |
| 2000 | 3.06 |
| 2001 | 3.19 |
| 2002 | 2.48 |
| 2003 | 2.18 |
| 2004 | 2.26 |
| 2005 | 2.47 |
| 2006 | 2.60 |
| 2007 | 2.48 |
| 2008 | 4.11 |
| 2009 | 1.10 |
| 2010 | 1.81 |
| 2011 | 3.37 |
| 2012 | 2.53 |
| 2013 | 1.45 |
| 2014 | 0.62 |
| 2015 | 0.34 |
| 2016 | 0.44 |
| 2017 | 1.82 |
| 2018 | 1.93 |
| 2019 | 1.74 |
| 2020 | 0.73 |
| 2021 | 2.82 |
Inflation, GDP deflator (annual %)
The value for Inflation, GDP deflator (annual %) in OECD members was 1.43 as of 2020. As the graph below shows, over the past 59 years this indicator reached a maximum value of 16.38 in 1974 and a minimum value of 1.09 in 2016.
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 | 3.27 |
| 1962 | 4.02 |
| 1963 | 3.68 |
| 1964 | 4.72 |
| 1965 | 4.20 |
| 1966 | 4.96 |
| 1967 | 3.59 |
| 1968 | 4.28 |
| 1969 | 5.05 |
| 1970 | 6.68 |
| 1971 | 7.11 |
| 1972 | 6.97 |
| 1973 | 11.85 |
| 1974 | 16.38 |
| 1975 | 14.51 |
| 1976 | 14.02 |
| 1977 | 11.42 |
| 1978 | 9.41 |
| 1979 | 9.73 |
| 1980 | 13.24 |
| 1981 | 11.63 |
| 1982 | 10.51 |
| 1983 | 8.19 |
| 1984 | 7.07 |
| 1985 | 5.22 |
| 1986 | 5.06 |
| 1987 | 4.83 |
| 1988 | 6.13 |
| 1989 | 6.07 |
| 1990 | 5.20 |
| 1991 | 5.41 |
| 1992 | 3.60 |
| 1993 | 3.99 |
| 1994 | 2.59 |
| 1995 | 3.81 |
| 1996 | 3.78 |
| 1997 | 2.79 |
| 1998 | 2.83 |
| 1999 | 2.41 |
| 2000 | 3.17 |
| 2001 | 3.39 |
| 2002 | 2.93 |
| 2003 | 2.49 |
| 2004 | 2.76 |
| 2005 | 2.59 |
| 2006 | 2.87 |
| 2007 | 2.89 |
| 2008 | 3.13 |
| 2009 | 1.75 |
| 2010 | 1.27 |
| 2011 | 1.88 |
| 2012 | 1.85 |
| 2013 | 1.61 |
| 2014 | 1.52 |
| 2015 | 1.23 |
| 2016 | 1.09 |
| 2017 | 1.82 |
| 2018 | 2.00 |
| 2019 | 2.04 |
| 2020 | 1.43 |
Classification
Topic: Financial Sector Indicators
Sub-Topic: Exchange rates & prices
