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India – Inflation Rate

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

Annual percentage change in consumer prices (CPI). Measures how fast the general price level is rising; negative values indicate deflation. · World Bank

4.95% −0.70pp from 2023 G20 rank: 131st · all-time high: 28.60% (1974)

APA

India Inflation Rate. HistorySaid. Retrieved March 10, 2026, from https://historysaid.com/india/inflation-rate

BibTeX

@misc{historysaid_india_inflation-rate,
  title = {India Inflation Rate},
  url = {https://historysaid.com/india/inflation-rate},
  publisher = {HistorySaid},
  year = {2026}
}

Data & Projection▾

Year	Value	Change	Rank
2030* IMF	4.00%	–	–
2029* IMF	4.00%	–	–
2028* IMF	4.00%	–	–
2027* IMF	4.00%	–	–
2026* IMF	4.05%	–	–
2025* IMF	2.82%	–	–
2024	4.95%	−0.70pp	131st
2023	5.65%	−1.05pp	85th
2022	6.70%	+1.57pp	67th
2021	5.13%	−1.49pp	127th
2020	6.62%	+2.89pp	154th
2019	3.73%	−0.21pp	138th
2018	3.94%	+0.61pp	132nd
2017	3.33%	−1.62pp	116th
2016	4.95%	+0.04pp	142nd
2015	4.91%	−1.76pp	146th
2014	6.67%	−3.35pp	160th
2013	10.02%	+0.54pp	178th
2012	9.48%	+0.57pp	167th
2011	8.91%	−3.08pp	159th
2010	11.99%	+1.11pp	179th
2009	10.88%	+2.53pp	167th
2008	8.35%	+1.98pp	83rd
2007	6.37%	+0.58pp	116th
2006	5.80%	+1.55pp	110th
2005	4.25%	+0.48pp	94th
2004	3.77%	−0.04pp	94th
2003	3.81%	−0.49pp	100th
2002	4.30%	+0.52pp	107th
2001	3.78%	−0.23pp	83rd
2000	4.01%	−0.66pp	92nd
1999	4.67%	−8.56pp	100th
1998	13.23%	+6.07pp	131st
1997	7.16%	−1.81pp	97th
1996	8.98%	−1.25pp	97th
1995	10.22%	−0.02pp	91st
1994	10.25%	+3.92pp	76th
1993	6.33%	−5.46pp	70th
1992	11.79%	−2.08pp	94th
1991	13.87%	+4.90pp	88th
1990	8.97%	+1.90pp	72nd
1989	7.07%	−2.31pp	68th
1988	9.38%	+0.58pp	80th
1987	8.80%	+0.07pp	80th
1986	8.73%	+3.17pp	74th
1985	5.56%	−2.76pp	53rd
1984	8.32%	−3.55pp	62nd
1983	11.87%	+3.98pp	77th
1982	7.89%	−5.22pp	44th
1981	13.11%	+1.77pp	65th
1980	11.35%	+5.07pp	33rd
1979	6.28%	+3.75pp	21st
1978	2.52%	−5.78pp	7th
1977	8.31%	+15.94pp	29th
1976	-7.63%	−13.38pp	2nd
1975	5.75%	−22.85pp	7th
1974	28.60%	+11.66pp	86th
1973	16.94%	+10.50pp	84th
1972	6.44%	+3.36pp	54th
1971	3.08%	−2.01pp	24th
1970	5.09%	+5.68pp	58th
1969	-0.58%	−3.82pp	4th
1968	3.24%	−9.82pp	47th
1967	13.06%	+2.26pp	83rd
1966	10.80%	+1.33pp	73rd
1965	9.47%	−3.88pp	68th
1964	13.36%	+10.41pp	67th
1963	2.95%	−0.69pp	37th
1962	3.63%	+1.94pp	42nd
1961	1.70%	−0.08pp	25th
1960	1.78%	–	31st

Show all years (1960–2024)

* IMF World Economic Outlook projection

Detected Pattern▾

Fiscal Dominance Trap

Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.

Inflation 12.0% Real rate -2.0%

This pattern occurred 329 times in G20 history, 239 successful

Angola 2024

Inflation

28.2%

Real rate

-4.2%

Argentina 2024

Inflation

219.9%

Real rate

-47.4%

Egypt, Arab Republic of 2024

Inflation

28.3%

Real rate

-7.0%

South Sudan 2024

Inflation

91.4%

Real rate

-26.9%

Angola 2023

Inflation

13.6%

Real rate

-0.9%

Argentina 2023

Inflation

133.5%

Real rate

-17.3%

HistorySaid – pattern alert

India matched the Fiscal Dominance Trap pattern in 2010. Historically, 73% of countries showing this pattern (239 out of 329) saw inflation rate improve within 24 months. View full analysis →