Australia - Inflation Rate 2020
0.85%
−0.72pp from 2019
Australia's inflation rate was 0.85% in 2020, decreased +0.72pp from 1.61% in 2019. This was the 70th highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Fiji | -2.60% | -246.4% |
| 2nd | Qatar | -2.54% | -182.3% |
| 3rd | Bahrain | -2.32% | -330.2% |
| 4th | United Arab Emirates | -2.08% | -7.5% |
| 5th | St. Lucia | -1.76% | -425.8% |
| 6th | Samoa | -1.57% | -171.7% |
| 7th | Panama | -1.55% | -336.7% |
| 8th | Maldives | -1.37% | -203.3% |
| 9th | Aruba | -1.31% | -133.3% |
| 10th | Greece | -1.25% | -341.4% |
| 11th | St. Kitts and Nevis | -1.17% | -252.6% |
| 12th | Malaysia | -1.14% | -271.7% |
| 13th | Bosnia and Herzegovina | -1.05% | -288.1% |
| 14th | Thailand | -0.85% | -219.8% |
| 15th | Grenada | -0.74% | -223.9% |
| 16th | West Bank and Gaza | -0.74% | -147.2% |
| 17th | Switzerland | -0.73% | -300.0% |
| 18th | Liechtenstein | -0.72% | -299.4% |
| 19th | Marshall Islands | -0.66% | -498.2% |
| 20th | Cyprus | -0.64% | -216.7% |
| 21st | St. Vincent and the Grenadines | -0.63% | -169.3% |
| 22nd | Israel | -0.58% | -168.3% |
| 23rd | Puerto Rico (US) | -0.50% | -691.7% |
| 24th | Estonia | -0.44% | -119.6% |
| 25th | Oman | -0.41% | -186.1% |
| 26th | El Salvador | -0.37% | -602.1% |
| 27th | Tonga | -0.35% | -108.4% |
| 28th | Ecuador | -0.34% | -227.4% |
| 29th | Ireland | -0.33% | -136.9% |
| 30th | Spain | -0.32% | -141.4% |
| 31st | Montenegro | -0.26% | -170.4% |
| 32nd | Singapore | -0.17% | -130.3% |
| 33rd | Italy | -0.14% | -121.7% |
| 34th | San Marino | -0.13% | -128.2% |
| 35th | Slovenia | -0.05% | -103.4% |
| 36th | Japan | -0.02% | -105.3% |
| 37th | Portugal | -0.01% | -104.1% |
| 38th | Bahamas, The | 0.04% | -98.5% |
| 39th | Andorra | 0.09% | -82.6% |
| 40th | Belize | 0.12% | -34.7% |
| 41st | Germany | 0.14% | -89.3% |
| 42nd | Croatia | 0.15% | -80.4% |
| 43rd | Kosovo | 0.20% | -92.6% |
| 44th | Palau | 0.22% | -50.2% |
| 45th | Latvia | 0.22% | -92.0% |
| 46th | Hong Kong SAR, China | 0.25% | -91.3% |
| 47th | Finland | 0.29% | -74.4% |
| 48th | Jordan | 0.33% | -56.0% |
| 49th | Denmark | 0.42% | -42.3% |
| 50th | Mali | 0.44% | 114.5% |
| 51st | France | 0.48% | -63.3% |
| 52nd | European Union | 0.48% | -70.8% |
| 53rd | Timor-Leste | 0.50% | -44.5% |
| 54th | Sweden | 0.50% | -71.1% |
| 55th | Korea | 0.54% | 40.3% |
| 56th | Micronesia, Federated States of | 0.55% | -74.9% |
| 57th | Iraq | 0.57% | 388.5% |
| 58th | Trinidad and Tobago | 0.60% | -40.2% |
| 59th | Cabo Verde | 0.61% | -45.2% |
| 60th | Antigua and Barbuda | 0.63% | -56.3% |
| 61st | Malta | 0.64% | -58.1% |
| 62nd | Barbados | 0.65% | -62.4% |
| 63rd | Morocco | 0.71% | 258.4% |
| 64th | Canada | 0.72% | -63.2% |
| 65th | Costa Rica | 0.72% | -65.4% |
| 66th | Belgium | 0.74% | -40.7% |
| 67th | Comoros | 0.79% | -78.7% |
| 68th | Macao SAR, China | 0.81% | -70.5% |
| 69th | Luxembourg | 0.82% | -50.3% |
| 70th | Australia | 0.85% | -45.9% |
| 71st | Nauru | 0.93% | -77.3% |
| 72nd | Bolivia, Plurinational State of | 0.94% | -48.8% |
| 73rd | United Kingdom | 0.99% | -44.8% |
| 74th | Guyana | 0.99% | -52.5% |
| 75th | Guinea-Bissau | 1.14% | 298.6% |
| 76th | Lithuania | 1.20% | -46.5% |
| 77th | North Macedonia | 1.20% | 56.7% |
| 78th | Seychelles | 1.20% | -33.8% |
| 79th | Armenia | 1.21% | -16.8% |
| 80th | Dominica | 1.22% | -18.9% |
| 81st | United States | 1.23% | -32.0% |
| 82nd | Netherlands | 1.27% | -52.4% |
| 83rd | Norway | 1.29% | -40.7% |
| 84th | Gabon | 1.35% | -33.1% |
| 85th | Austria | 1.38% | -7.4% |
| 86th | Libya | 1.45% | 166.9% |
| 87th | Tuvalu | 1.57% | -55.0% |
| 88th | Serbia | 1.58% | -14.8% |
| 89th | Albania | 1.62% | 14.9% |
| 90th | Bulgaria | 1.67% | -31.9% |
| 91st | Togo | 1.70% | 147.3% |
| 92nd | Central African Republic | 1.71% | -37.9% |
| 93rd | New Zealand | 1.71% | 5.8% |
| 94th | Paraguay | 1.77% | -35.9% |
| 95th | Djibouti | 1.78% | -46.4% |
| 96th | Congo, Republic of | 1.80% | 348.8% |
| 97th | Burkina Faso | 1.88% | 158.3% |
| 98th | Botswana | 1.89% | -31.1% |
| 99th | Indonesia | 1.92% | -32.0% |
| 100th | Slovak Republic | 1.94% | -30.1% |
| 101st | Brunei Darussalam | 1.94% | 596.2% |
| 102nd | Peru | 2.00% | -6.3% |
| 103rd | Kuwait | 2.10% | 92.5% |
| 104th | Namibia | 2.21% | -40.6% |
| 105th | Myanmar | 2.25% | -75.2% |
| 106th | Mauritania | 2.39% | 3.5% |
| 107th | Philippines | 2.39% | 0.0% |
| 108th | Côte d'Ivoire | 2.41% | 213.3% |
| 109th | Algeria | 2.42% | 23.7% |
| 110th | China | 2.42% | -16.3% |
| 111th | Cameroon | 2.44% | -0.7% |
| 112th | Colombia | 2.53% | -28.2% |
| 113th | Senegal | 2.54% | 149.3% |
| 114th | Kiribati | 2.55% | 240.8% |
| 115th | Mauritius | 2.58% | 468.5% |
| 116th | Romania | 2.63% | -31.2% |
| 117th | Ukraine | 2.73% | -65.4% |
| 118th | Azerbaijan | 2.76% | 6.4% |
| 119th | Iceland | 2.85% | -5.3% |
| 120th | Niger | 2.90% | 214.9% |
| 121st | Cambodia | 2.94% | 50.2% |
| 122nd | Solomon Islands | 2.96% | 33.5% |
| 123rd | Benin | 3.02% | 430.0% |
| 124th | Chile | 3.05% | 35.1% |
| 125th | Czechia | 3.16% | 11.0% |
| 126th | Brazil | 3.21% | -14.0% |
| 127th | Guatemala | 3.21% | -13.1% |
| 128th | Viet Nam | 3.22% | 15.2% |
| 129th | South Africa | 3.23% | -21.4% |
| 130th | Tanzania | 3.29% | -4.6% |
| 131st | Uganda | 3.31% | 55.0% |
| 132nd | Hungary | 3.33% | -1.4% |
| 133rd | Saudi Arabia | 3.37% | 261.1% |
| 134th | Poland | 3.37% | 48.9% |
| 135th | Russian Federation | 3.38% | -24.3% |
| 136th | Mexico | 3.40% | -6.6% |
| 137th | Honduras | 3.47% | -20.6% |
| 138th | Mozambique | 3.48% | -38.7% |
| 139th | Nicaragua | 3.68% | -31.5% |
| 140th | Mongolia | 3.72% | -49.2% |
| 141st | Moldova | 3.77% | -22.3% |
| 142nd | Dominican Republic | 3.78% | 108.8% |
| 143rd | Eswatini | 3.87% | 49.0% |
| 144th | Somalia, Fed. Rep. | 4.11% | -12.7% |
| 145th | Madagascar | 4.20% | -25.3% |
| 146th | Chad | 4.46% | 559.7% |
| 147th | Equatorial Guinea | 4.77% | 283.2% |
| 148th | Papua New Guinea | 4.87% | 25.2% |
| 149th | Lesotho | 4.98% | 1.0% |
| 150th | Egypt, Arab Republic of | 5.04% | -63.6% |
| 151st | Nepal | 5.06% | 9.4% |
| 152nd | Lao PDR | 5.10% | 53.6% |
| 153rd | Georgia | 5.20% | 7.2% |
| 154th | Jamaica | 5.23% | 33.7% |
| 155th | Vanuatu | 5.33% | 96.4% |
| 156th | Kenya | 5.41% | 3.2% |
| 157th | Belarus | 5.55% | -0.9% |
| 158th | Afghanistan | 5.60% | 143.3% |
| 159th | Bhutan | 5.63% | 100.0% |
| 160th | Tunisia | 5.63% | -16.2% |
| 161st | Bangladesh | 5.69% | 3.9% |
| 162nd | Gambia, The | 5.93% | -16.6% |
| 163rd | Turkmenistan | 6.10% | 19.8% |
| 164th | Sri Lanka | 6.15% | 43.0% |
| 165th | Kyrgyz Republic | 6.33% | 456.8% |
| 166th | India | 6.62% | 38.9% |
| 167th | Kazakhstan | 6.72% | 27.2% |
| 168th | Burundi | 7.32% | 995.0% |
| 169th | Tajikistan | 8.58% | 10.1% |
| 170th | Malawi | 8.63% | -8.0% |
| 171st | Pakistan | 9.74% | 43.2% |
| 172nd | Uruguay | 9.76% | 23.8% |
| 173rd | São Tomé and Principe | 9.82% | 27.3% |
| 174th | Rwanda | 9.85% | 307.5% |
| 175th | Ghana | 9.89% | 37.2% |
| 176th | Guinea | 10.60% | 11.9% |
| 177th | Congo, Democratic Republic of | 11.36% | 141.4% |
| 178th | Türkiye | 12.28% | -19.1% |
| 179th | Uzbekistan | 12.87% | -11.4% |
| 180th | Nigeria | 13.25% | 16.2% |
| 181st | Sierra Leone | 13.45% | -9.2% |
| 182nd | Zambia | 15.73% | 71.9% |
| 183rd | Liberia | 16.96% | -37.1% |
| 184th | Yemen, Republic of | 21.67% | 38.1% |
| 185th | Angola | 22.27% | 30.4% |
| 186th | Haiti | 22.80% | 31.7% |
| 187th | South Sudan | 29.68% | -39.8% |
| 188th | Iran, Islamic Republic of | 30.59% | -12.1% |
| 189th | Suriname | 34.89% | 694.4% |
| 190th | Argentina | 42.02% | -21.5% |
| 191st | Lebanon | 84.86% | 2,835.5% |
| 192nd | Sudan | 163.26% | 220.2% |
| 193rd | Zimbabwe | 557.20% | 118.3% |
FAQ
What was Australia's inflation rate in 2020?▾
Australia's inflation rate in 2020 was 0.85%. This ranked 70th globally.
How did Australia's inflation rate change in 2020?▾
Australia's inflation rate decreased by 45.9% in 2020 compared to 2019.
Which country had the highest inflation rate in 2020?▾
Zimbabwe had the highest inflation rate in 2020 at 557.20%.
What is the inflation rate of Australia in 2020?▾
The inflation rate of Australia in 2020 was 0.85%. This ranked 70th globally.
How does 2020 compare to 2019 for Australia's inflation rate?▾
Australia's inflation rate went from 1.61% in 2019 to 0.85% in 2020, a 45.9% decrease.
Related
2019
2021
All years
Full ranking 2020
Consumer Price Index
PPP Conversion Factor
Peak: 1974
Lowest: 1962
Inflation Rate 1990s
Inflation Rate 2000s
Inflation Rate 2010s
Inflation Rate 2020s
Highest ever
Lowest ever
Average
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