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Australia - Inflation Rate 1994

Name: Australia Inflation Rate 1994
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Consumer price inflation, annual % · World Bank

1.97% +0.22pp from 1993 Global rank: 25th

Australia's inflation rate was 1.97% in 1994, increased +0.22pp from 1.75% in 1993. This was the 25th highest globally.

Global Ranking - 1994▾

Inflation Rate by Country - 1994
Rank	Country	Value	YoY
1st	Zimbabwe	-2.76%	-834.3%
2nd	Oman	-0.66%	-157.7%
3rd	Dominica	0.02%	-99.0%
4th	Barbados	0.08%	-93.5%
5th	Canada	0.17%	-91.1%
6th	Saudi Arabia	0.56%	-54.5%
7th	Japan	0.70%	-44.6%
8th	Fiji	0.82%	-84.3%
9th	Bahrain	0.82%	-68.6%
10th	Switzerland	0.85%	-74.1%
11th	St. Vincent and the Grenadines	1.01%	-76.3%
12th	Tonga	1.01%	-44.0%
13th	Finland	1.09%	-67.3%
14th	Panama	1.27%	165.4%
15th	Qatar	1.32%	289.1%
16th	Norway	1.38%	-39.9%
17th	Bahamas, The	1.40%	-49.1%
18th	Puerto Rico (US)	1.44%	48.7%
19th	St. Kitts and Nevis	1.44%	-19.5%
20th	Iceland	1.55%	-62.0%
21st	France	1.66%	-25.9%
22nd	Gambia, The	1.71%	-73.6%
23rd	Seychelles	1.74%	617.0%
24th	New Zealand	1.75%	35.5%
25th	Australia	1.97%	12.4%
26th	Denmark	1.99%	128.4%
27th	Sweden	2.16%	-54.0%
28th	Luxembourg	2.19%	-39.0%
29th	United Kingdom	2.22%	-12.4%
30th	Vanuatu	2.30%	-35.4%
31st	Ireland	2.31%	62.8%
32nd	Belgium	2.38%	-4.4%
33rd	Brunei Darussalam	2.46%	-42.1%
34th	Kuwait	2.53%	562.5%
35th	Belize	2.57%	74.4%
36th	United States	2.61%	-12.2%
37th	Germany	2.69%	-39.8%
38th	Netherlands	2.80%	70.6%
39th	St. Lucia	2.82%	263.3%
40th	Papua New Guinea	2.85%	-42.7%
41st	Austria	2.95%	-8.7%
42nd	Singapore	3.10%	35.3%
43rd	Maldives	3.39%	-83.2%
44th	Cabo Verde	3.45%	-40.8%
45th	Jordan	3.52%	6.4%
46th	Nicaragua	3.70%	-72.6%
47th	Malaysia	3.72%	5.0%
48th	Grenada	3.77%	34.2%
49th	Kiribati	4.00%	-34.5%
50th	Italy	4.05%	-9.9%
51st	Mauritania	4.13%	-55.9%
52nd	Malta	4.13%	2.5%
53rd	Guinea	4.22%	-40.9%
54th	Cyprus	4.70%	-3.9%
55th	Spain	4.72%	3.3%
56th	European Union	4.72%	-2.8%
57th	Tunisia	4.73%	17.2%
58th	Thailand	5.05%	49.3%
59th	Libya	5.11%	-31.6%
60th	Morocco	5.14%	-3.0%
61st	Bangladesh	5.31%	61.2%
62nd	Portugal	5.42%	-8.6%
63rd	United Arab Emirates	5.70%	8.1%
64th	Macao SAR, China	6.25%	-6.8%
65th	Korea	6.27%	30.5%
66th	Aruba	6.31%	20.9%
67th	Antigua and Barbuda	6.49%	109.2%
68th	Djibouti	6.51%	46.6%
69th	Lao PDR	6.78%	20.1%
70th	Mexico	6.97%	-28.7%
71st	Bhutan	7.01%	-26.9%
72nd	Mauritius	7.32%	-52.1%
73rd	Bolivia, Plurinational State of	7.87%	-7.6%
74th	Egypt, Arab Republic of	8.15%	-26.2%
75th	Lesotho	8.21%	-23.1%
76th	Lebanon	8.24%	-66.7%
77th	Dominican Republic	8.26%	57.3%
78th	Nepal	8.35%	-5.9%
79th	Sri Lanka	8.45%	-28.1%
80th	Indonesia	8.53%	-11.7%
81st	Hong Kong SAR, China	8.74%	-0.7%
82nd	Trinidad and Tobago	8.81%	-18.3%
83rd	South Africa	8.94%	-7.4%
84th	Uganda	10.04%	-66.5%
85th	Czechia	10.04%	-51.8%
86th	India	10.25%	40.7%
87th	Viet Nam	10.38%	23.9%
88th	Philippines	10.39%	53.7%
89th	Cambodia	10.44%	-90.9%
90th	Botswana	10.54%	-26.8%
91st	El Salvador	10.59%	-42.8%
92nd	Guatemala	10.86%	-18.8%
93rd	Greece	10.87%	-24.5%
94th	Chile	11.44%	-10.1%
95th	Namibia	12.06%	29.2%
96th	Samoa	12.08%	606.9%
97th	Israel	12.25%	12.0%
98th	Pakistan	12.37%	25.8%
99th	Guyana	12.40%	47.6%
100th	Eritrea	13.15%	174.6%
101st	Solomon Islands	13.26%	44.1%
102nd	Slovak Republic	13.42%	-42.4%
103rd	Costa Rica	13.53%	38.4%
104th	Eswatini	13.77%	14.5%
105th	Burundi	14.85%	53.9%
106th	Guinea-Bissau	15.18%	-68.5%
107th	Syrian Arab Republic	15.33%	16.1%
108th	Hungary	18.87%	-16.0%
109th	Paraguay	20.57%	11.9%
110th	Slovenia	20.99%	-34.3%
111th	Rwanda	21.00%	68.4%
112th	Honduras	21.73%	101.7%
113th	Albania	22.57%	-73.5%
114th	Colombia	22.85%	1.8%
115th	Mali	23.18%	4,180.4%
116th	Peru	23.74%	-51.1%
117th	Myanmar	24.10%	-24.3%
118th	Sierra Leone	24.20%	9.0%
119th	China	24.26%	66.2%
120th	Central African Republic	24.57%	944.7%
121st	Ghana	24.87%	-0.3%
122nd	Burkina Faso	25.18%	4,000.6%
123rd	Comoros	25.30%	1,165.0%
124th	Côte d'Ivoire	26.08%	1,124.5%
125th	Ecuador	27.31%	-39.3%
126th	Kenya	28.81%	-37.3%
127th	Algeria	29.05%	41.7%
128th	Iran, Islamic Republic of	31.45%	39.9%
129th	Equatorial Guinea	31.84%	484.0%
130th	Senegal	32.29%	4,440.5%
131st	Poland	32.99%	-6.5%
132nd	Tanzania	34.08%	30.6%
133rd	Malawi	34.65%	52.1%
134th	Jamaica	35.06%	62.1%
135th	Cameroon	35.09%	1,043.4%
136th	Latvia	35.92%	-67.1%
137th	Niger	36.04%	11,155.5%
138th	Gabon	36.12%	6,663.3%
139th	Benin	38.53%	8,558.6%
140th	Madagascar	38.94%	289.8%
141st	Togo	39.16%	44,103.1%
142nd	Haiti	39.33%	74.4%
143rd	Chad	41.72%	483.7%
144th	Congo, Republic of	42.44%	1,135.1%
145th	Uruguay	44.74%	-17.3%
146th	Estonia	47.65%	-46.9%
147th	Yemen, Republic of	49.39%	-20.0%
148th	São Tomé and Principe	51.16%	100.6%
149th	Zambia	54.60%	-65.5%
150th	Nigeria	57.03%	-0.2%
151st	Mozambique	63.12%	49.4%
152nd	Lithuania	72.25%	-82.4%
153rd	Mongolia	87.58%	-67.4%
154th	Bulgaria	96.06%	31.9%
155th	Türkiye	105.21%	59.2%
156th	Croatia	107.33%	-92.9%
157th	Sudan	115.40%	13.9%
158th	North Macedonia	126.58%	-62.6%
159th	Romania	136.76%	-46.6%
160th	Kyrgyz Republic	180.68%	-83.4%
161st	Russian Federation	307.72%	-64.8%
162nd	Tajikistan	350.36%	-86.5%
163rd	Suriname	368.48%	364.9%
164th	Iraq	448.50%	115.9%
165th	Moldova	486.43%	-38.3%
166th	Ukraine	891.19%	-81.2%
167th	Angola	949.79%	-31.1%
168th	Uzbekistan	1,568.33%	193.6%
169th	Azerbaijan	1,662.22%	47.1%
170th	Turkmenistan	1,748.30%	-43.6%
171st	Kazakhstan	1,877.37%	12.9%
172nd	Brazil	2,075.89%	7.7%
173rd	Belarus	2,221.02%	86.6%
174th	Armenia	3,373.76%	-9.6%
175th	Congo, Democratic Republic of	23,773.13%	1,096.5%

FAQ

What was Australia's inflation rate in 1994?▾

Australia's inflation rate in 1994 was 1.97%. This ranked 25th globally.

How did Australia's inflation rate change in 1994?▾

Australia's inflation rate increased by 12.4% in 1994 compared to 1993.

Which country had the highest inflation rate in 1994?▾

Congo, Democratic Republic of had the highest inflation rate in 1994 at 23,773.13%.

What is the inflation rate of Australia in 1994?▾

The inflation rate of Australia in 1994 was 1.97%. This ranked 25th globally.

How does 1994 compare to 1993 for Australia's inflation rate?▾

Australia's inflation rate went from 1.75% in 1993 to 1.97% in 1994, a 12.4% increase.

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