Canada - Inflation Rate 2008
2.37%
+0.23pp from 2007
Canada's inflation rate was 2.37% in 2008, increased +0.23pp from 2.14% in 2007. This was the 6th highest globally.
Global Ranking - 2008▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sint Maarten (Dutch part) | -0.42% | -109.4% |
| 2nd | Nauru | 1.04% | -81.5% |
| 3rd | Japan | 1.38% | 2,900.2% |
| 4th | Comoros | 1.70% | -62.1% |
| 5th | Brunei Darussalam | 2.08% | 115.4% |
| 6th | Canada | 2.37% | 10.9% |
| 7th | Switzerland | 2.43% | 230.1% |
| 8th | Liechtenstein | 2.43% | 230.3% |
| 9th | Netherlands | 2.49% | 56.6% |
| 10th | Portugal | 2.59% | 6.9% |
| 11th | Germany | 2.63% | 15.7% |
| 12th | France | 2.81% | 75.3% |
| 13th | Austria | 3.22% | 46.2% |
| 14th | Albania | 3.32% | 12.2% |
| 15th | Italy | 3.35% | 65.3% |
| 16th | Luxembourg | 3.40% | 28.1% |
| 17th | Denmark | 3.42% | 106.2% |
| 18th | Sweden | 3.44% | 104.7% |
| 19th | United Kingdom | 3.52% | 51.6% |
| 20th | Bahrain | 3.53% | 8.4% |
| 21st | Morocco | 3.71% | 88.4% |
| 22nd | Norway | 3.75% | 426.5% |
| 23rd | United States | 3.84% | 33.7% |
| 24th | New Zealand | 3.96% | 66.6% |
| 25th | Ireland | 4.04% | 39.7% |
| 26th | Finland | 4.07% | 156.9% |
| 27th | Spain | 4.08% | 43.3% |
| 28th | Greece | 4.15% | 38.9% |
| 29th | Poland | 4.16% | 68.5% |
| 30th | European Union | 4.16% | 65.9% |
| 31st | Malta | 4.26% | 511.0% |
| 32nd | San Marino | 4.29% | 73.5% |
| 33rd | Hong Kong SAR, China | 4.30% | 111.5% |
| 34th | Tunisia | 4.35% | 27.0% |
| 35th | Andorra | 4.35% | 63.5% |
| 36th | Australia | 4.35% | 84.6% |
| 37th | Gambia, The | 4.44% | -17.3% |
| 38th | Belgium | 4.49% | 146.8% |
| 39th | Bahamas, The | 4.49% | 86.5% |
| 40th | Israel | 4.53% | 777.4% |
| 41st | Slovak Republic | 4.60% | 142.0% |
| 42nd | Cyprus | 4.67% | 115.8% |
| 43rd | Korea | 4.67% | 84.4% |
| 44th | Vanuatu | 4.84% | 23.0% |
| 45th | Algeria | 4.86% | 32.1% |
| 46th | Congo, Republic of | 4.96% | 91.1% |
| 47th | Mexico | 5.12% | 29.1% |
| 48th | Puerto Rico (US) | 5.21% | 23.2% |
| 49th | Gabon | 5.26% | 4.7% |
| 50th | St. Kitts and Nevis | 5.30% | 18.3% |
| 51st | Antigua and Barbuda | 5.33% | 276.7% |
| 52nd | Cameroon | 5.34% | 374.5% |
| 53rd | Malaysia | 5.44% | 168.4% |
| 54th | Thailand | 5.47% | 152.8% |
| 55th | St. Lucia | 5.55% | 96.6% |
| 56th | Slovenia | 5.65% | 54.4% |
| 57th | Brazil | 5.68% | 56.0% |
| 58th | Peru | 5.79% | 225.2% |
| 59th | China | 5.93% | 24.8% |
| 60th | Hungary | 6.04% | -24.0% |
| 61st | Croatia | 6.08% | 128.5% |
| 62nd | Côte d'Ivoire | 6.31% | 232.7% |
| 63rd | Czechia | 6.36% | 122.9% |
| 64th | Dominica | 6.36% | 96.4% |
| 65th | Belize | 6.39% | 175.9% |
| 66th | Equatorial Guinea | 6.55% | 134.2% |
| 67th | Singapore | 6.64% | 214.5% |
| 68th | El Salvador | 6.71% | 46.5% |
| 69th | Cabo Verde | 6.77% | 54.0% |
| 70th | Curaçao | 6.88% | 129.5% |
| 71st | Colombia | 7.00% | 26.2% |
| 72nd | Mauritania | 7.35% | 1.3% |
| 73rd | Senegal | 7.35% | 25.3% |
| 74th | Bosnia and Herzegovina | 7.43% | 394.8% |
| 75th | Lao PDR | 7.63% | 63.6% |
| 76th | Fiji | 7.73% | 60.7% |
| 77th | Romania | 7.85% | 62.4% |
| 78th | Uruguay | 7.88% | -2.9% |
| 79th | Benin | 7.95% | 514.2% |
| 80th | Grenada | 8.03% | 108.2% |
| 81st | Guyana | 8.10% | -33.6% |
| 82nd | Barbados | 8.11% | 101.1% |
| 83rd | Sierra Leone | 8.21% | -51.6% |
| 84th | Philippines | 8.26% | 183.5% |
| 85th | Bhutan | 8.33% | 58.7% |
| 86th | North Macedonia | 8.33% | 270.1% |
| 87th | India | 8.35% | 41.1% |
| 88th | Ecuador | 8.40% | 269.1% |
| 89th | Micronesia, Federated States of | 8.42% | 131.5% |
| 90th | Argentina | 8.59% | -2.8% |
| 91st | Macao SAR, China | 8.61% | 54.7% |
| 92nd | Togo | 8.69% | 819.1% |
| 93rd | Malawi | 8.71% | 9.7% |
| 94th | Chile | 8.72% | 97.7% |
| 95th | Panama | 8.76% | 110.1% |
| 96th | Montenegro | 8.76% | 160.3% |
| 97th | Bangladesh | 8.90% | 23.6% |
| 98th | Armenia | 8.95% | 103.0% |
| 99th | Aruba | 8.96% | 66.2% |
| 100th | Timor-Leste | 9.06% | 4.9% |
| 101st | Namibia | 9.09% | 38.9% |
| 102nd | Mali | 9.17% | 548.6% |
| 103rd | Central African Republic | 9.26% | 967.9% |
| 104th | Madagascar | 9.30% | -9.6% |
| 105th | Kosovo | 9.35% | 114.5% |
| 106th | Mauritius | 9.73% | 10.3% |
| 107th | Saudi Arabia | 9.87% | 98.4% |
| 108th | West Bank and Gaza | 9.89% | 432.3% |
| 109th | Nepal | 9.91% | 59.7% |
| 110th | South Africa | 9.91% | 39.0% |
| 111th | Georgia | 10.00% | 8.2% |
| 112th | St. Vincent and the Grenadines | 10.07% | 43.9% |
| 113th | Paraguay | 10.15% | 24.7% |
| 114th | Indonesia | 10.23% | 61.8% |
| 115th | Tanzania | 10.28% | 46.2% |
| 116th | Chad | 10.30% | 238.4% |
| 117th | Libya | 10.36% | 66.8% |
| 118th | Estonia | 10.36% | 53.6% |
| 119th | Tuvalu | 10.44% | 357.0% |
| 120th | Türkiye | 10.44% | 19.3% |
| 121st | Tonga | 10.45% | 107.3% |
| 122nd | Guinea-Bissau | 10.46% | 126.1% |
| 123rd | Kuwait | 10.58% | 92.9% |
| 124th | Dominican Republic | 10.64% | 73.3% |
| 125th | Burkina Faso | 10.66% | 4,675.0% |
| 126th | Lebanon | 10.70% | 163.6% |
| 127th | Lesotho | 10.72% | 16.8% |
| 128th | Papua New Guinea | 10.76% | 1,081.3% |
| 129th | Lithuania | 10.93% | 87.8% |
| 130th | Niger | 11.31% | 18,741.8% |
| 131st | Guatemala | 11.36% | 66.5% |
| 132nd | Honduras | 11.40% | 64.4% |
| 133rd | Samoa | 11.57% | 158.1% |
| 134th | Nigeria | 11.58% | 115.0% |
| 135th | Djibouti | 11.96% | 102.8% |
| 136th | Palau | 11.97% | 296.2% |
| 137th | Trinidad and Tobago | 12.03% | 52.8% |
| 138th | Maldives | 12.04% | 77.2% |
| 139th | Uganda | 12.05% | 97.9% |
| 140th | United Arab Emirates | 12.25% | 10.1% |
| 141st | Bulgaria | 12.35% | 63.1% |
| 142nd | Oman | 12.38% | 110.0% |
| 143rd | Serbia | 12.41% | 106.8% |
| 144th | Zambia | 12.45% | 16.8% |
| 145th | Angola | 12.48% | 1.9% |
| 146th | Eswatini | 12.66% | 56.7% |
| 147th | Iraq | 12.66% | -58.9% |
| 148th | Iceland | 12.69% | 150.6% |
| 149th | Botswana | 12.70% | 79.5% |
| 150th | Moldova | 12.78% | 3.2% |
| 151st | Uzbekistan | 13.13% | 17.7% |
| 152nd | Costa Rica | 13.42% | 43.5% |
| 153rd | Kiribati | 13.67% | 281.9% |
| 154th | Jordan | 13.97% | 194.5% |
| 155th | Bolivia, Plurinational State of | 14.01% | 61.3% |
| 156th | Russian Federation | 14.11% | 56.7% |
| 157th | Sudan | 14.30% | -3.1% |
| 158th | Mozambique | 14.50% | 39.4% |
| 159th | Turkmenistan | 14.54% | 132.3% |
| 160th | Suriname | 14.67% | 128.2% |
| 161st | Marshall Islands | 14.67% | 458.4% |
| 162nd | Belarus | 14.84% | 76.0% |
| 163rd | Qatar | 15.05% | 9.5% |
| 164th | Haiti | 15.28% | 121.1% |
| 165th | Latvia | 15.40% | 52.8% |
| 166th | Rwanda | 15.44% | 70.0% |
| 167th | Syrian Arab Republic | 15.75% | 236.7% |
| 168th | Ghana | 16.49% | 53.7% |
| 169th | Kazakhstan | 17.14% | 58.8% |
| 170th | Congo, Democratic Republic of | 17.30% | 3.8% |
| 171st | Solomon Islands | 17.32% | 126.3% |
| 172nd | Liberia | 17.49% | 53.5% |
| 173rd | Egypt, Arab Republic of | 18.32% | 68.3% |
| 174th | Yemen, Republic of | 18.98% | 140.1% |
| 175th | Nicaragua | 19.83% | 78.2% |
| 176th | Pakistan | 20.29% | 160.8% |
| 177th | Tajikistan | 20.47% | 55.5% |
| 178th | Azerbaijan | 20.85% | 24.7% |
| 179th | Jamaica | 22.02% | 137.1% |
| 180th | Eritrea | 22.17% | 135.6% |
| 181st | Sri Lanka | 22.56% | 42.0% |
| 182nd | Guinea | 23.07% | 0.9% |
| 183rd | Viet Nam | 23.12% | 175.9% |
| 184th | Cambodia | 24.10% | 214.3% |
| 185th | Burundi | 24.41% | 190.1% |
| 186th | Kyrgyz Republic | 24.52% | 139.7% |
| 187th | Ukraine | 25.23% | 96.4% |
| 188th | Iran, Islamic Republic of | 25.41% | 38.0% |
| 189th | Kenya | 26.24% | 514.4% |
| 190th | Afghanistan | 26.42% | 204.3% |
| 191st | Myanmar | 26.80% | -22.2% |
| 192nd | Mongolia | 27.96% | 190.2% |
| 193rd | São Tomé and Principe | 31.99% | 72.5% |
| 194th | Seychelles | 36.96% | 761.9% |
| 195th | Zimbabwe | 156.96% | 315.8% |
FAQ
What was Canada's inflation rate in 2008?▾
Canada's inflation rate in 2008 was 2.37%. This ranked 6th globally.
How did Canada's inflation rate change in 2008?▾
Canada's inflation rate increased by 10.9% in 2008 compared to 2007.
Which country had the highest inflation rate in 2008?▾
Zimbabwe had the highest inflation rate in 2008 at 156.96%.
What is the inflation rate of Canada in 2008?▾
The inflation rate of Canada in 2008 was 2.37%. This ranked 6th globally.
How does 2008 compare to 2007 for Canada's inflation rate?▾
Canada's inflation rate went from 2.14% in 2007 to 2.37% in 2008, a 10.9% increase.
Related
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Consumer Price Index
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