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Australia - Inflation Rate 1987

Name: Australia Inflation Rate 1987
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Consumer price inflation, annual % · World Bank

8.53% −0.52pp from 1986 Global rank: 88th

Australia's inflation rate was 8.53% in 1987, decreased +0.52pp from 9.05% in 1986. This was the 88th highest globally.

Global Ranking - 1987▾

Inflation Rate by Country - 1987
Rank	Country	Value	YoY
1st	Cambodia	-31.25%	-
2nd	Mali	-14.94%	-976.9%
3rd	Equatorial Guinea	-13.17%	25.3%
4th	Haiti	-11.45%	-449.1%
5th	Kiribati	-10.21%	-254.5%
6th	Central African Republic	-6.99%	-389.8%
7th	Niger	-6.71%	-106.8%
8th	Chad	-5.97%	54.2%
9th	Senegal	-4.14%	-167.6%
10th	Burkina Faso	-2.68%	0.7%
11th	Bahrain	-1.75%	30.2%
12th	Saudi Arabia	-1.55%	50.4%
13th	Benin	-1.34%	-423.4%
14th	Gabon	-0.95%	-114.8%
15th	Grenada	-0.87%	-256.6%
16th	Netherlands	-0.69%	-929.3%
17th	Jordan	-0.20%	-107.1%
18th	Luxembourg	-0.06%	-118.9%
19th	Togo	0.05%	-98.7%
20th	Japan	0.13%	-79.2%
21st	Germany	0.25%	299.9%
22nd	Malaysia	0.29%	-17.1%
23rd	Malta	0.43%	-78.7%
24th	Congo, Republic of	0.44%	-87.4%
25th	Mauritius	0.52%	-88.0%
26th	Singapore	0.52%	137.9%
27th	Kuwait	0.65%	-31.3%
28th	St. Kitts and Nevis	0.96%	3,420.7%
29th	Panama	1.00%	1,609.7%
30th	Romania	1.10%	57.1%
31st	Brunei Darussalam	1.25%	-30.0%
32nd	Austria	1.40%	-19.3%
33rd	Switzerland	1.44%	93.9%
34th	Belgium	1.55%	19.9%
35th	Angola	1.83%	0.0%
36th	Belize	2.01%	153.4%
37th	Puerto Rico (US)	2.08%	980.5%
38th	Thailand	2.47%	33.8%
39th	Honduras	2.49%	-42.9%
40th	Oman	2.56%	-66.5%
41st	Seychelles	2.59%	8.2%
42nd	Qatar	2.69%	41.6%
43rd	Morocco	2.70%	-69.1%
44th	Bulgaria	2.73%	1.0%
45th	Cyprus	2.79%	129.2%
46th	Korea	3.05%	10.9%
47th	Ireland	3.16%	3.9%
48th	France	3.29%	29.5%
49th	Comoros	3.30%	129.2%
50th	St. Vincent and the Grenadines	3.31%	186.5%
51st	Barbados	3.31%	1,564.2%
52nd	Papua New Guinea	3.34%	-38.8%
53rd	Antigua and Barbuda	3.60%	620.4%
54th	Aruba	3.64%	239.2%
55th	United States	3.66%	88.5%
56th	Cabo Verde	3.85%	-65.4%
57th	Denmark	4.02%	8.1%
58th	European Union	4.02%	9.3%
59th	Dominica	4.02%	33.4%
60th	Philippines	4.07%	1,352.2%
61st	Djibouti	4.09%	-77.5%
62nd	Finland	4.11%	41.8%
63rd	Rwanda	4.13%	475.7%
64th	United Kingdom	4.15%	14.4%
65th	Sweden	4.19%	-1.0%
66th	Libya	4.36%	28.9%
67th	Canada	4.36%	4.4%
68th	Samoa	4.57%	70.3%
69th	Pakistan	4.68%	35.0%
70th	Tonga	4.69%	-84.3%
71st	Italy	4.75%	-18.4%
72nd	Spain	5.25%	-40.3%
73rd	United Arab Emirates	5.50%	1.2%
74th	Hong Kong SAR, China	5.65%	58.2%
75th	Fiji	5.66%	216.4%
76th	Bahamas, The	5.76%	6.3%
77th	Lao PDR	6.11%	-82.5%
78th	Bhutan	6.33%	22.3%
79th	Jamaica	6.65%	-72.7%
80th	Côte d'Ivoire	6.94%	1.6%
81st	St. Lucia	7.02%	223.0%
82nd	Burundi	7.11%	288.9%
83rd	China	7.23%	11.3%
84th	Algeria	7.44%	-46.9%
85th	Sri Lanka	7.72%	-3.2%
86th	Mauritania	8.15%	9.7%
87th	Tunisia	8.23%	33.6%
88th	Australia	8.53%	-5.7%
89th	Kenya	8.64%	240.9%
90th	Hungary	8.67%	63.9%
91st	Norway	8.72%	21.5%
92nd	India	8.80%	-1.0%
93rd	Indonesia	9.28%	59.4%
94th	Portugal	9.63%	-17.4%
95th	Maldives	9.70%	6.6%
96th	Botswana	9.80%	-2.0%
97th	Bangladesh	9.87%	-4.3%
98th	Nepal	10.75%	-32.2%
99th	Trinidad and Tobago	10.75%	39.7%
100th	Solomon Islands	10.99%	-16.1%
101st	Nigeria	11.29%	97.5%
102nd	Lesotho	11.75%	-25.1%
103rd	Guatemala	12.32%	-62.4%
104th	Zimbabwe	12.79%	19.9%
105th	Cameroon	13.14%	205.5%
106th	Eswatini	13.38%	-2.6%
107th	Dominican Republic	13.55%	77.4%
108th	Bolivia, Plurinational State of	14.58%	-94.7%
109th	Madagascar	14.99%	3.5%
110th	New Zealand	15.74%	19.1%
111th	Vanuatu	16.04%	236.5%
112th	South Africa	16.16%	-11.4%
113th	Greece	16.40%	-28.8%
114th	Costa Rica	16.84%	42.9%
115th	Iceland	18.30%	-14.0%
116th	Israel	19.08%	-60.4%
117th	Egypt, Arab Republic of	19.69%	-17.6%
118th	Chile	19.88%	2.1%
119th	Sudan	20.56%	-65.7%
120th	Paraguay	21.81%	-31.2%
121st	Colombia	23.30%	23.6%
122nd	Gambia, The	23.53%	-58.4%
123rd	Myanmar	24.76%	165.5%
124th	El Salvador	24.86%	-22.2%
125th	São Tomé and Principe	25.00%	79.9%
126th	Malawi	25.16%	77.4%
127th	Poland	26.38%	48.3%
128th	Iran, Islamic Republic of	28.57%	20.4%
129th	Guyana	28.70%	263.3%
130th	Ecuador	29.50%	28.1%
131st	Tanzania	29.95%	-7.6%
132nd	Guinea	36.89%	-43.0%
133rd	Türkiye	38.86%	12.2%
134th	Ghana	39.82%	62.3%
135th	Zambia	47.05%	-2.0%
136th	Suriname	53.39%	186.1%
137th	Syrian Arab Republic	59.48%	64.4%
138th	Uruguay	63.57%	-16.8%
139th	Congo, Democratic Republic of	78.67%	68.4%
140th	Peru	85.82%	10.1%
141st	Guinea-Bissau	86.77%	226.8%
142nd	Mexico	131.83%	52.5%
143rd	Slovenia	132.07%	37.7%
144th	Croatia	133.33%	166.7%
145th	Mozambique	164.12%	305.3%
146th	Sierra Leone	178.70%	121.0%
147th	Uganda	215.40%	49.8%
148th	Brazil	228.34%	55.2%
149th	Viet Nam	360.36%	-20.5%
150th	Lebanon	487.20%	410.7%
151st	Nicaragua	13,109.50%	1,381.0%

FAQ

What was Australia's inflation rate in 1987?▾

Australia's inflation rate in 1987 was 8.53%. This ranked 88th globally.

How did Australia's inflation rate change in 1987?▾

Australia's inflation rate decreased by 5.7% in 1987 compared to 1986.

Which country had the highest inflation rate in 1987?▾

Nicaragua had the highest inflation rate in 1987 at 13,109.50%.

What is the inflation rate of Australia in 1987?▾

The inflation rate of Australia in 1987 was 8.53%. This ranked 88th globally.

How does 1987 compare to 1986 for Australia's inflation rate?▾

Australia's inflation rate went from 9.05% in 1986 to 8.53% in 1987, a 5.7% decrease.

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