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Australia - Inflation Rate 1972

Name: Australia Inflation Rate 1972
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Consumer price inflation, annual % · World Bank

6.02% −0.11pp from 1971 Global rank: 46th

Australia's inflation rate was 6.02% in 1972, decreased +0.11pp from 6.14% in 1971. This was the 46th highest globally.

Global Ranking - 1972▾

Inflation Rate by Country - 1972
Rank	Country	Value	YoY
1st	Burkina Faso	-2.92%	-241.8%
2nd	Libya	-0.25%	91.9%
3rd	Poland	-0.10%	-109.0%
4th	Côte d'Ivoire	0.31%	169.9%
5th	Guatemala	0.53%	216.8%
6th	El Salvador	1.54%	244.4%
7th	Singapore	2.08%	18.2%
8th	Syrian Arab Republic	2.10%	-62.6%
9th	Egypt, Arab Republic of	2.10%	-33.1%
10th	Eswatini	2.37%	1.9%
11th	Rwanda	3.09%	532.9%
12th	Haiti	3.19%	-66.7%
13th	Malaysia	3.23%	100.3%
14th	Suriname	3.23%	1,400.5%
15th	United States	3.27%	-23.8%
16th	Malta	3.37%	45.1%
17th	Nigeria	3.46%	-78.4%
18th	Gabon	3.49%	-9.7%
19th	Honduras	3.61%	62.5%
20th	Algeria	3.66%	39.2%
21st	Dominica	3.69%	1.4%
22nd	Morocco	3.76%	-9.5%
23rd	Burundi	3.83%	-0.6%
24th	Saudi Arabia	4.33%	-3.2%
25th	Greece	4.33%	31.7%
26th	Costa Rica	4.60%	49.2%
27th	Cyprus	4.83%	16.6%
28th	Thailand	4.84%	898.2%
29th	Japan	4.84%	-24.3%
30th	Mexico	4.94%	-9.6%
31st	Canada	4.99%	84.4%
32nd	Bahrain	5.09%	-12.1%
33rd	Pakistan	5.18%	9.6%
34th	Iraq	5.19%	44.2%
35th	Luxembourg	5.23%	11.8%
36th	Mauritius	5.40%	1,605.7%
37th	Panama	5.41%	181.8%
38th	Jamaica	5.43%	1.7%
39th	Belgium	5.45%	25.4%
40th	Germany	5.48%	4.7%
41st	Madagascar	5.62%	4.4%
42nd	Italy	5.75%	20.0%
43rd	Kenya	5.83%	54.3%
44th	Sweden	6.01%	-18.8%
45th	European Union	6.01%	14.6%
46th	Australia	6.02%	-1.9%
47th	France	6.06%	12.3%
48th	Papua New Guinea	6.07%	-
49th	Senegal	6.15%	58.7%
50th	Sri Lanka	6.35%	138.2%
51st	Austria	6.36%	35.1%
52nd	Iran, Islamic Republic of	6.40%	52.5%
53rd	South Africa	6.43%	7.9%
54th	India	6.44%	109.2%
55th	Bolivia, Plurinational State of	6.51%	77.2%
56th	Indonesia	6.52%	54.0%
57th	Denmark	6.56%	11.8%
58th	Switzerland	6.66%	1.3%
59th	Finland	6.66%	2.9%
60th	Bahamas, The	6.83%	48.0%
61st	Solomon Islands	6.88%	-
62nd	New Zealand	6.93%	-33.3%
63rd	United Kingdom	7.07%	-25.1%
64th	Peru	7.22%	6.3%
65th	Norway	7.26%	16.6%
66th	Samoa	7.51%	57.5%
67th	Ecuador	7.53%	-21.0%
68th	Tanzania	7.64%	59.9%
69th	Myanmar	7.64%	266.0%
70th	Jordan	7.66%	59.0%
71st	Togo	7.73%	19.0%
72nd	Netherlands	7.80%	4.3%
73rd	St. Lucia	7.88%	-6.1%
74th	Cameroon	8.09%	101.6%
75th	Philippines	8.20%	-61.7%
76th	Spain	8.27%	0.4%
77th	Nepal	8.39%	519.6%
78th	Ireland	8.61%	-4.0%
79th	Dominican Republic	8.64%	141.4%
80th	Gambia, The	8.70%	184.6%
81st	Paraguay	9.18%	85.3%
82nd	Trinidad and Tobago	9.30%	163.4%
83rd	Niger	9.75%	132.6%
84th	Iceland	9.81%	45.7%
85th	Ghana	10.07%	5.3%
86th	Portugal	10.66%	-10.7%
87th	Korea	11.69%	-13.5%
88th	Barbados	11.88%	59.0%
89th	Colombia	12.44%	4.2%
90th	Israel	12.88%	7.6%
91st	Sudan	13.55%	939.7%
92nd	Türkiye	15.42%	-18.9%
93rd	Congo, Democratic Republic of	15.80%	173.6%
94th	Seychelles	20.94%	43.4%
95th	Fiji	21.98%	140.5%
96th	Uruguay	76.48%	219.3%
97th	Chile	77.80%	288.0%

FAQ

What was Australia's inflation rate in 1972?▾

Australia's inflation rate in 1972 was 6.02%. This ranked 46th globally.

How did Australia's inflation rate change in 1972?▾

Australia's inflation rate decreased by 1.9% in 1972 compared to 1971.

Which country had the highest inflation rate in 1972?▾

Chile had the highest inflation rate in 1972 at 77.80%.

What is the inflation rate of Australia in 1972?▾

The inflation rate of Australia in 1972 was 6.02%. This ranked 46th globally.

How does 1972 compare to 1971 for Australia's inflation rate?▾

Australia's inflation rate went from 6.14% in 1971 to 6.02% in 1972, a 1.9% decrease.

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