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Australia - Inflation Rate 1968

Name: Australia Inflation Rate 1968
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Consumer price inflation, annual % · World Bank

2.52% −0.96pp from 1967 Global rank: 40th

Australia's inflation rate was 2.52% in 1968, decreased +0.96pp from 3.48% in 1967. This was the 40th highest globally.

Global Ranking - 1968▾

Inflation Rate by Country - 1968
Rank	Country	Value	YoY
1st	Sudan	-10.03%	-191.1%
2nd	Niger	-2.92%	-778.7%
3rd	Egypt, Arab Republic of	-1.68%	-338.7%
4th	Nigeria	-0.48%	87.2%
5th	Burkina Faso	-0.29%	93.4%
6th	Malaysia	-0.16%	-103.5%
7th	Dominican Republic	0.04%	-97.1%
8th	Senegal	0.06%	-
9th	Greece	0.14%	-92.4%
10th	Suriname	0.16%	-98.5%
11th	Pakistan	0.17%	-97.5%
12th	Togo	0.30%	112.8%
13th	Kenya	0.37%	-79.2%
14th	Libya	0.39%	-94.6%
15th	Morocco	0.44%	158.3%
16th	Singapore	0.66%	-80.4%
17th	Iran, Islamic Republic of	0.69%	-56.8%
18th	Paraguay	0.71%	-48.1%
19th	Madagascar	0.96%	17.3%
20th	Nepal	1.18%	142.0%
21st	Italy	1.28%	-65.8%
22nd	Haiti	1.32%	144.8%
23rd	Germany	1.47%	-18.1%
24th	Saudi Arabia	1.59%	-24.3%
25th	Panama	1.62%	17.7%
26th	Samoa	1.71%	431.7%
27th	Thailand	1.79%	-58.5%
28th	Honduras	1.86%	-11.0%
29th	Guatemala	1.93%	296.8%
30th	Sweden	1.94%	-54.7%
31st	South Africa	1.99%	-43.9%
32nd	Malta	2.04%	193.6%
33rd	Israel	2.08%	21.9%
34th	Iraq	2.20%	-33.3%
35th	Mexico	2.33%	-22.6%
36th	Gabon	2.34%	18.1%
37th	Philippines	2.36%	-62.3%
38th	Myanmar	2.38%	185.1%
39th	Switzerland	2.40%	-40.2%
40th	Australia	2.52%	-27.5%
41st	El Salvador	2.54%	73.0%
42nd	Luxembourg	2.63%	21.2%
43rd	Belgium	2.70%	-1.1%
44th	Austria	2.76%	-30.4%
45th	Syrian Arab Republic	2.85%	-55.9%
46th	Rwanda	3.16%	117.6%
47th	India	3.24%	-75.2%
48th	European Union	3.24%	-2.3%
49th	Bahrain	3.26%	-23.5%
50th	Norway	3.45%	-24.7%
51st	Eswatini	3.45%	89.1%
52nd	Netherlands	3.72%	7.7%
53rd	Cyprus	3.77%	434.3%
54th	St. Lucia	3.97%	23.8%
55th	Canada	4.06%	13.3%
56th	Costa Rica	4.09%	238.8%
57th	Gambia, The	4.18%	197.0%
58th	United States	4.27%	54.1%
59th	New Zealand	4.31%	-28.8%
60th	Ecuador	4.32%	13.1%
61st	Bahamas, The	4.54%	-16.5%
62nd	France	4.54%	62.7%
63rd	Ireland	4.68%	47.0%
64th	United Kingdom	4.70%	89.3%
65th	Spain	4.95%	-22.5%
66th	Japan	5.34%	33.8%
67th	Côte d'Ivoire	5.35%	133.5%
68th	Dominica	5.37%	463.8%
69th	Bolivia, Plurinational State of	5.47%	-51.2%
70th	Sri Lanka	5.86%	167.7%
71st	Jamaica	5.93%	96.1%
72nd	Türkiye	6.05%	-56.7%
73rd	Burundi	6.06%	656.1%
74th	Portugal	6.08%	10.0%
75th	Mauritius	6.98%	271.4%
76th	Colombia	7.45%	-10.6%
77th	Barbados	7.49%	106.0%
78th	Ghana	7.89%	193.7%
79th	Denmark	8.01%	-2.5%
80th	Trinidad and Tobago	8.23%	285.3%
81st	Finland	9.19%	70.9%
82nd	Korea	10.77%	-1.0%
83rd	Iceland	15.23%	358.8%
84th	Tanzania	15.60%	28.0%
85th	Peru	19.09%	95.1%
86th	Congo, Democratic Republic of	53.32%	44.4%
87th	Uruguay	125.34%	40.4%
88th	Indonesia	128.84%	21.6%

FAQ

What was Australia's inflation rate in 1968?▾

Australia's inflation rate in 1968 was 2.52%. This ranked 40th globally.

How did Australia's inflation rate change in 1968?▾

Australia's inflation rate decreased by 27.5% in 1968 compared to 1967.

Which country had the highest inflation rate in 1968?▾

Indonesia had the highest inflation rate in 1968 at 128.84%.

What is the inflation rate of Australia in 1968?▾

The inflation rate of Australia in 1968 was 2.52%. This ranked 40th globally.

How does 1968 compare to 1967 for Australia's inflation rate?▾

Australia's inflation rate went from 3.48% in 1967 to 2.52% in 1968, a 27.5% decrease.

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