Australia - Inflation Rate 2022
6.59%
+3.77pp from 2021
Australia's inflation rate was 6.59% in 2022, increased +3.77pp from 2.86% in 2021. This was the 72nd highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | South Sudan | -6.69% | -122.1% |
| 2nd | Thailand | -1.61% | -230.8% |
| 3rd | Macao SAR, China | 1.05% | 3,632.2% |
| 4th | Nauru | 1.15% | -42.9% |
| 5th | Benin | 1.35% | -22.1% |
| 6th | Bolivia, Plurinational State of | 1.75% | 137.3% |
| 7th | Hong Kong SAR, China | 1.88% | 19.9% |
| 8th | China | 1.97% | 115.0% |
| 9th | Maldives | 2.33% | 995.4% |
| 10th | Saudi Arabia | 2.47% | -19.2% |
| 11th | Japan | 2.50% | 1,162.9% |
| 12th | Oman | 2.51% | 50.6% |
| 13th | Grenada | 2.58% | 111.3% |
| 14th | Seychelles | 2.63% | -73.6% |
| 15th | St. Kitts and Nevis | 2.67% | 121.2% |
| 16th | Marshall Islands | 2.78% | 23.5% |
| 17th | Liechtenstein | 2.83% | 386.1% |
| 18th | Switzerland | 2.84% | 386.3% |
| 19th | Panama | 2.86% | 75.3% |
| 20th | Dominica | 2.88% | 83.6% |
| 21st | Congo, Republic of | 3.04% | 54.6% |
| 22nd | Viet Nam | 3.16% | 71.8% |
| 23rd | Malaysia | 3.38% | 36.4% |
| 24th | Ecuador | 3.47% | 2,506.1% |
| 25th | Bahrain | 3.63% | 693.4% |
| 26th | Brunei Darussalam | 3.68% | 112.5% |
| 27th | West Bank and Gaza | 3.74% | 202.2% |
| 28th | Kuwait | 3.98% | 16.3% |
| 29th | Indonesia | 4.21% | 169.7% |
| 30th | Niger | 4.23% | 10.2% |
| 31st | Jordan | 4.23% | 214.0% |
| 32nd | Gabon | 4.23% | 292.9% |
| 33rd | Fiji | 4.32% | 2,669.3% |
| 34th | Tanzania | 4.35% | 17.9% |
| 35th | Barbados | 4.36% | 183.9% |
| 36th | Israel | 4.41% | 195.7% |
| 37th | Libya | 4.51% | 57.3% |
| 38th | Equatorial Guinea | 4.79% | 5,192.3% |
| 39th | Eswatini | 4.80% | 29.1% |
| 40th | Iraq | 4.99% | -17.3% |
| 41st | Qatar | 5.00% | 119.4% |
| 42nd | Korea | 5.09% | 103.7% |
| 43rd | Djibouti | 5.18% | 338.6% |
| 44th | France | 5.22% | 152.8% |
| 45th | Côte d'Ivoire | 5.23% | 25.1% |
| 46th | Papua New Guinea | 5.25% | 17.2% |
| 47th | United Arab Emirates | 5.29% | 4,782.5% |
| 48th | San Marino | 5.33% | 229.5% |
| 49th | Cambodia | 5.34% | 82.8% |
| 50th | Kiribati | 5.35% | 160.3% |
| 51st | Micronesia, Federated States of | 5.41% | 205.2% |
| 52nd | Solomon Islands | 5.52% | 2,915.4% |
| 53rd | Aruba | 5.52% | 642.2% |
| 54th | Central African Republic | 5.58% | 31.1% |
| 55th | Bahamas, The | 5.61% | 93.0% |
| 56th | Bhutan | 5.64% | -31.4% |
| 57th | St. Vincent and the Grenadines | 5.66% | 263.5% |
| 58th | Norway | 5.76% | 65.4% |
| 59th | Chad | 5.79% | 828.1% |
| 60th | Philippines | 5.82% | 48.2% |
| 61st | Trinidad and Tobago | 5.83% | 182.8% |
| 62nd | Puerto Rico (US) | 6.02% | 149.7% |
| 63rd | Namibia | 6.08% | 68.0% |
| 64th | Guyana | 6.12% | 84.1% |
| 65th | Singapore | 6.13% | 164.7% |
| 66th | Malta | 6.15% | 771.6% |
| 67th | Andorra | 6.20% | 269.9% |
| 68th | Cameroon | 6.25% | 176.2% |
| 69th | Belize | 6.28% | 93.8% |
| 70th | Luxembourg | 6.34% | 82.4% |
| 71st | St. Lucia | 6.38% | 164.7% |
| 72nd | Australia | 6.59% | 133.8% |
| 73rd | Tajikistan | 6.64% | -26.0% |
| 74th | Morocco | 6.66% | 387.3% |
| 75th | Vanuatu | 6.68% | 185.1% |
| 76th | India | 6.70% | 21.7% |
| 77th | Albania | 6.73% | 229.2% |
| 78th | Somalia, Fed. Rep. | 6.78% | 46.6% |
| 79th | Canada | 6.80% | 100.4% |
| 80th | Germany | 6.87% | 114.0% |
| 81st | Guatemala | 6.89% | 61.5% |
| 82nd | Timor-Leste | 7.01% | 85.6% |
| 83rd | South Africa | 7.04% | 54.6% |
| 84th | Finland | 7.12% | 244.8% |
| 85th | New Zealand | 7.17% | 82.0% |
| 86th | Uganda | 7.20% | 226.0% |
| 87th | El Salvador | 7.20% | 107.6% |
| 88th | Antigua and Barbuda | 7.53% | 362.9% |
| 89th | Liberia | 7.59% | -2.9% |
| 90th | Kenya | 7.66% | 25.4% |
| 91st | Nepal | 7.67% | 114.3% |
| 92nd | Denmark | 7.70% | 295.9% |
| 93rd | Bangladesh | 7.70% | 38.5% |
| 94th | Ireland | 7.83% | 224.5% |
| 95th | Portugal | 7.83% | 732.4% |
| 96th | Mexico | 7.90% | 38.7% |
| 97th | United Kingdom | 7.92% | 206.1% |
| 98th | Cabo Verde | 7.93% | 325.7% |
| 99th | Togo | 7.97% | 75.5% |
| 100th | United States | 8.00% | 71.0% |
| 101st | Madagascar | 8.16% | 40.2% |
| 102nd | Italy | 8.20% | 322.5% |
| 103rd | Lesotho | 8.27% | 28.2% |
| 104th | Costa Rica | 8.27% | 379.1% |
| 105th | Tunisia | 8.31% | 45.5% |
| 106th | Iceland | 8.31% | 86.4% |
| 107th | Peru | 8.33% | 109.4% |
| 108th | Sweden | 8.37% | 215.6% |
| 109th | Spain | 8.39% | 178.9% |
| 110th | Cyprus | 8.40% | 271.3% |
| 111th | Austria | 8.55% | 209.7% |
| 112th | Armenia | 8.64% | 16.0% |
| 113th | Dominican Republic | 8.81% | 6.9% |
| 114th | Slovenia | 8.83% | 360.8% |
| 115th | European Union | 8.83% | 245.8% |
| 116th | Honduras | 9.09% | 102.8% |
| 117th | Uruguay | 9.10% | 17.5% |
| 118th | Algeria | 9.27% | 28.2% |
| 119th | Congo, Democratic Republic of | 9.27% | 3.1% |
| 120th | Brazil | 9.28% | 11.8% |
| 121st | Guinea-Bissau | 9.39% | 186.8% |
| 122nd | Mauritania | 9.53% | 167.7% |
| 123rd | Belgium | 9.60% | 198.3% |
| 124th | Mali | 9.62% | 152.7% |
| 125th | Greece | 9.65% | 1,580.4% |
| 126th | Senegal | 9.70% | 345.2% |
| 127th | Paraguay | 9.77% | 104.0% |
| 128th | Netherlands | 10.00% | 253.8% |
| 129th | Colombia | 10.18% | 190.4% |
| 130th | Mozambique | 10.28% | 55.3% |
| 131st | Jamaica | 10.35% | 76.0% |
| 132nd | Nicaragua | 10.47% | 112.4% |
| 133rd | Guinea | 10.49% | -16.7% |
| 134th | Mauritius | 10.77% | 166.7% |
| 135th | Croatia | 10.78% | 295.8% |
| 136th | Samoa | 10.96% | 464.2% |
| 137th | Tonga | 10.97% | 1,765.9% |
| 138th | Zambia | 10.99% | -50.1% |
| 139th | Turkmenistan | 11.21% | -42.4% |
| 140th | Uzbekistan | 11.45% | 5.5% |
| 141st | Gambia, The | 11.51% | 56.2% |
| 142nd | Kosovo | 11.58% | 245.3% |
| 143rd | Chile | 11.64% | 157.3% |
| 144th | Botswana | 11.67% | 74.7% |
| 145th | Georgia | 11.90% | 24.4% |
| 146th | Serbia | 11.98% | 193.3% |
| 147th | Tuvalu | 12.18% | 82.2% |
| 148th | Palau | 12.35% | 2,668.1% |
| 149th | Comoros | 12.53% | 83,646.9% |
| 150th | Slovak Republic | 12.77% | 352.2% |
| 151st | Montenegro | 13.04% | 440.0% |
| 152nd | Afghanistan | 13.71% | 76.7% |
| 153rd | Russian Federation | 13.74% | 105.3% |
| 154th | Romania | 13.80% | 173.4% |
| 155th | Azerbaijan | 13.85% | 107.9% |
| 156th | Egypt, Arab Republic of | 13.90% | 208.8% |
| 157th | Kyrgyz Republic | 13.92% | 16.9% |
| 158th | Bosnia and Herzegovina | 14.02% | 601.7% |
| 159th | North Macedonia | 14.20% | 339.6% |
| 160th | Burkina Faso | 14.29% | 265.7% |
| 161st | Poland | 14.43% | 181.3% |
| 162nd | Hungary | 14.61% | 186.2% |
| 163rd | Kazakhstan | 15.03% | 87.8% |
| 164th | Czechia | 15.10% | 293.2% |
| 165th | Mongolia | 15.15% | 105.7% |
| 166th | Belarus | 15.21% | 60.9% |
| 167th | Bulgaria | 15.33% | 439.2% |
| 168th | Latvia | 17.31% | 434.4% |
| 169th | Rwanda | 17.69% | 2,036.4% |
| 170th | São Tomé and Principe | 18.01% | 121.3% |
| 171st | Burundi | 18.80% | 124.8% |
| 172nd | Nigeria | 18.85% | 11.2% |
| 173rd | Estonia | 19.40% | 332.3% |
| 174th | Lithuania | 19.71% | 326.1% |
| 175th | Pakistan | 19.87% | 123.4% |
| 176th | Ukraine | 20.18% | 115.6% |
| 177th | Malawi | 20.95% | 124.3% |
| 178th | Angola | 21.36% | -17.1% |
| 179th | Lao PDR | 22.96% | 511.5% |
| 180th | Sierra Leone | 27.21% | 129.1% |
| 181st | Myanmar | 28.01% | 191.7% |
| 182nd | Moldova | 28.74% | 463.6% |
| 183rd | Yemen, Republic of | 29.51% | -6.2% |
| 184th | Ghana | 31.26% | 213.3% |
| 185th | Haiti | 33.98% | 113.2% |
| 186th | Iran, Islamic Republic of | 43.49% | 8.2% |
| 187th | Sri Lanka | 49.72% | 735.1% |
| 188th | Suriname | 52.45% | -11.3% |
| 189th | Türkiye | 72.31% | 269.0% |
| 190th | Argentina | 72.43% | 49.6% |
| 191st | Zimbabwe | 104.71% | 6.3% |
| 192nd | Sudan | 138.81% | -61.3% |
| 193rd | Lebanon | 171.21% | 10.6% |
FAQ
What was Australia's inflation rate in 2022?▾
Australia's inflation rate in 2022 was 6.59%. This ranked 72nd globally.
How did Australia's inflation rate change in 2022?▾
Australia's inflation rate increased by 133.8% in 2022 compared to 2021.
Which country had the highest inflation rate in 2022?▾
Lebanon had the highest inflation rate in 2022 at 171.21%.
What is the inflation rate of Australia in 2022?▾
The inflation rate of Australia in 2022 was 6.59%. This ranked 72nd globally.
How does 2022 compare to 2021 for Australia's inflation rate?▾
Australia's inflation rate went from 2.86% in 2021 to 6.59% in 2022, a 133.8% increase.
Related
2021
2023
All years
Full ranking 2022
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
vs San Marino
vs Sweden
vs Austria
vs Qatar
G20 Inflation Rate
OECD Inflation Rate
Global Ranking