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Canada Inflation Rate 2020s

Name: Canada Inflation Rate 2020s
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Consumer price inflation, annual % · World Bank

3.19% decade average (2020-2029)

Canada's inflation rate during the 2020s ranged from 0.72% (2020) to 6.80% (2022), averaging 3.19% over 6 years of data.

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2020s Data▾

Year	Value	Change	Rank
2020	0.72%	−1.23pp	64th
2021	3.40%	+2.68pp	95th
2022	6.80%	+3.41pp	79th
2023	3.88%	−2.90pp	58th
2024	2.38%	−1.50pp	70th
2025	1.96%	−0.42pp	136th