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Australia - Inflation Rate 1977

Name: Australia Inflation Rate 1977
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Consumer price inflation, annual % · World Bank

12.31% −1.01pp from 1976 Global rank: 62nd

Australia's inflation rate was 12.31% in 1977, decreased +1.01pp from 13.32% in 1976. This was the 62nd highest globally.

Global Ranking - 1977▾

Inflation Rate by Country - 1977
Rank	Country	Value	YoY
1st	Myanmar	-1.16%	-105.2%
2nd	Sri Lanka	1.22%	-7.9%
3rd	Switzerland	1.30%	-24.5%
4th	Madagascar	3.11%	-37.7%
5th	Singapore	3.16%	271.8%
6th	Bahamas, The	3.19%	-25.0%
7th	Germany	3.73%	-12.1%
8th	Hungary	3.91%	-25.2%
9th	Costa Rica	4.19%	20.2%
10th	Papua New Guinea	4.53%	-40.9%
11th	Panama	4.59%	16.1%
12th	Malaysia	4.79%	81.8%
13th	Poland	4.90%	11.1%
14th	Austria	5.49%	-24.9%
15th	Vanuatu	5.74%	-
16th	Libya	6.28%	14.6%
17th	Netherlands	6.40%	-27.5%
18th	Haiti	6.49%	-7.8%
19th	United States	6.50%	13.2%
20th	Luxembourg	6.71%	-31.6%
21st	Burundi	6.83%	-0.3%
22nd	Fiji	7.01%	-38.7%
23rd	Belgium	7.10%	-21.8%
24th	Cyprus	7.33%	90.1%
25th	Thailand	7.60%	83.2%
26th	Canada	7.98%	5.8%
27th	Bolivia, Plurinational State of	8.11%	80.4%
28th	Japan	8.16%	-12.9%
29th	India	8.31%	208.8%
30th	Barbados	8.35%	67.5%
31st	Honduras	8.43%	72.7%
32nd	Solomon Islands	8.62%	102.5%
33rd	St. Lucia	8.87%	-8.3%
34th	Norway	9.10%	-0.6%
35th	Iraq	9.17%	-28.5%
36th	Mauritius	9.17%	-29.2%
37th	Paraguay	9.36%	109.2%
38th	France	9.49%	-1.4%
39th	Dominica	9.50%	-12.8%
40th	Suriname	9.73%	-3.4%
41st	European Union	9.77%	4.5%
42nd	Kuwait	9.89%	88.9%
43rd	Philippines	9.90%	7.6%
44th	Nepal	9.90%	418.0%
45th	Malta	10.04%	1,720.5%
46th	Korea	10.10%	-34.1%
47th	Pakistan	10.13%	41.6%
48th	St. Vincent and the Grenadines	10.19%	-9.8%
49th	Denmark	10.92%	21.2%
50th	Indonesia	11.05%	-44.3%
51st	South Africa	11.15%	1.2%
52nd	Jamaica	11.19%	14.3%
53rd	Senegal	11.34%	947.1%
54th	Saudi Arabia	11.40%	-63.9%
55th	Sweden	11.44%	11.6%
56th	Tanzania	11.60%	69.2%
57th	Trinidad and Tobago	11.74%	9.8%
58th	Finland	11.79%	-17.8%
59th	El Salvador	11.82%	68.0%
60th	Syrian Arab Republic	11.97%	4.7%
61st	Algeria	11.99%	27.1%
62nd	Australia	12.31%	-7.6%
63rd	Guatemala	12.32%	14.9%
64th	Greece	12.37%	-5.0%
65th	Gambia, The	12.39%	-27.2%
66th	Morocco	12.60%	48.2%
67th	Egypt, Arab Republic of	12.73%	23.4%
68th	Dominican Republic	12.85%	65.5%
69th	Ecuador	12.94%	27.2%
70th	Botswana	13.17%	12.2%
71st	Ireland	13.47%	-25.1%
72nd	Rwanda	13.66%	90.6%
73rd	Gabon	13.85%	-31.3%
74th	New Zealand	14.38%	-14.9%
75th	Jordan	14.57%	26.7%
76th	Samoa	14.61%	198.0%
77th	Cameroon	14.70%	48.0%
78th	Kenya	14.82%	29.5%
79th	Seychelles	14.96%	0.6%
80th	Nigeria	15.09%	-37.9%
81st	United Kingdom	15.84%	-4.3%
82nd	Lesotho	16.69%	46.2%
83rd	Sudan	17.08%	919.6%
84th	Italy	17.13%	3.1%
85th	Tonga	17.54%	146.7%
86th	Bahrain	17.73%	-21.2%
87th	Grenada	18.46%	-
88th	Eswatini	20.81%	218.6%
89th	Togo	22.46%	92.9%
90th	Niger	23.25%	-1.2%
91st	Spain	24.54%	39.2%
92nd	Türkiye	25.99%	48.9%
93rd	Iran, Islamic Republic of	27.29%	142.4%
94th	Côte d'Ivoire	27.42%	127.1%
95th	Mexico	29.06%	83.7%
96th	Burkina Faso	29.99%	456.9%
97th	Iceland	30.32%	-5.4%
98th	Portugal	31.02%	46.7%
99th	Colombia	33.80%	70.5%
100th	Israel	34.62%	10.6%
101st	Peru	38.05%	13.7%
102nd	Uruguay	58.20%	15.0%
103rd	Congo, Democratic Republic of	68.95%	-14.2%
104th	Chile	91.95%	-56.6%
105th	Ghana	116.45%	107.6%

FAQ

What was Australia's inflation rate in 1977?▾

Australia's inflation rate in 1977 was 12.31%. This ranked 62nd globally.

How did Australia's inflation rate change in 1977?▾

Australia's inflation rate decreased by 7.6% in 1977 compared to 1976.

Which country had the highest inflation rate in 1977?▾

Ghana had the highest inflation rate in 1977 at 116.45%.

What is the inflation rate of Australia in 1977?▾

The inflation rate of Australia in 1977 was 12.31%. This ranked 62nd globally.

How does 1977 compare to 1976 for Australia's inflation rate?▾

Australia's inflation rate went from 13.32% in 1976 to 12.31% in 1977, a 7.6% decrease.

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