Indonesia - Inflation Rate 1998
58.45%
+52.21pp from 1997
Indonesia's inflation rate was 58.45% in 1998, increased +52.21pp from 6.23% in 1997. This was the 176th highest globally.
Global Ranking - 1998▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Zimbabwe | -28.02% | -2,803.9% |
| 2nd | Central African Republic | -1.89% | -216.2% |
| 3rd | Maldives | -1.40% | -118.5% |
| 4th | Barbados | -1.27% | -116.5% |
| 5th | Syrian Arab Republic | -0.80% | -142.2% |
| 6th | China | -0.77% | -128.0% |
| 7th | Azerbaijan | -0.77% | -121.0% |
| 8th | Brunei Darussalam | -0.44% | -125.8% |
| 9th | Saudi Arabia | -0.37% | -50.9% |
| 10th | Bahrain | -0.37% | -108.0% |
| 11th | Bosnia and Herzegovina | -0.28% | -104.9% |
| 12th | Singapore | -0.27% | -113.2% |
| 13th | Sweden | -0.27% | -114.7% |
| 14th | Switzerland | 0.02% | -96.5% |
| 15th | Puerto Rico (US) | 0.06% | -96.9% |
| 16th | Uganda | 0.07% | -99.1% |
| 17th | Kuwait | 0.13% | -81.0% |
| 18th | Macao SAR, China | 0.17% | -95.1% |
| 19th | Oman | 0.43% | 219.2% |
| 20th | North Macedonia | 0.54% | -57.9% |
| 21st | Panama | 0.56% | -55.5% |
| 22nd | France | 0.65% | -48.7% |
| 23rd | Japan | 0.66% | -61.0% |
| 24th | Australia | 0.86% | 282.3% |
| 25th | Germany | 0.91% | -39.5% |
| 26th | Austria | 0.92% | -21.0% |
| 27th | Argentina | 0.93% | - |
| 28th | Belgium | 0.95% | -36.7% |
| 29th | Luxembourg | 0.96% | -30.1% |
| 30th | Togo | 0.98% | -81.6% |
| 31st | Canada | 1.00% | -38.6% |
| 32nd | Dominica | 1.00% | -58.6% |
| 33rd | Gambia, The | 1.11% | -59.9% |
| 34th | Senegal | 1.16% | -35.2% |
| 35th | Comoros | 1.20% | -20.0% |
| 36th | New Zealand | 1.27% | 6.6% |
| 37th | Bahamas, The | 1.34% | 138.3% |
| 38th | Grenada | 1.38% | 10.7% |
| 39th | Finland | 1.40% | 15.0% |
| 40th | Gabon | 1.45% | -63.5% |
| 41st | Mozambique | 1.49% | -79.8% |
| 42nd | United States | 1.55% | -33.6% |
| 43rd | Micronesia, Federated States of | 1.63% | -38.8% |
| 44th | Iceland | 1.66% | -7.6% |
| 45th | United Kingdom | 1.82% | -0.2% |
| 46th | Spain | 1.83% | -2.3% |
| 47th | Denmark | 1.85% | -4.5% |
| 48th | Aruba | 1.87% | -37.8% |
| 49th | Italy | 1.96% | 5.7% |
| 50th | Netherlands | 1.96% | 5.4% |
| 51st | United Arab Emirates | 1.99% | -32.8% |
| 52nd | St. Vincent and the Grenadines | 2.14% | 329.3% |
| 53rd | Belize | 2.20% | 114.0% |
| 54th | Congo, Republic of | 2.20% | -82.7% |
| 55th | Djibouti | 2.21% | -12.5% |
| 56th | Samoa | 2.22% | -67.8% |
| 57th | Cyprus | 2.23% | -32.7% |
| 58th | Norway | 2.25% | -12.3% |
| 59th | Malta | 2.39% | -39.2% |
| 60th | Ireland | 2.41% | 92.2% |
| 61st | European Union | 2.41% | -22.6% |
| 62nd | El Salvador | 2.55% | -43.3% |
| 63rd | Portugal | 2.57% | 36.1% |
| 64th | Seychelles | 2.58% | 43.0% |
| 65th | Morocco | 2.75% | 151.2% |
| 66th | Hong Kong SAR, China | 2.91% | -49.9% |
| 67th | Qatar | 2.95% | 8.1% |
| 68th | Jordan | 3.09% | 1.8% |
| 69th | Tunisia | 3.13% | -13.2% |
| 70th | Cameroon | 3.17% | -33.7% |
| 71st | Brazil | 3.20% | -53.9% |
| 72nd | St. Lucia | 3.20% | 53,465.7% |
| 73rd | Antigua and Barbuda | 3.26% | 801.1% |
| 74th | Tonga | 3.27% | 476.5% |
| 75th | Vanuatu | 3.28% | 16.7% |
| 76th | St. Kitts and Nevis | 3.45% | -60.3% |
| 77th | Georgia | 3.57% | -50.2% |
| 78th | Kiribati | 3.67% | 43.6% |
| 79th | Libya | 3.71% | 3.4% |
| 80th | Egypt, Arab Republic of | 3.87% | -37.2% |
| 81st | Mali | 4.04% | 699.8% |
| 82nd | Chad | 4.26% | -23.6% |
| 83rd | Cabo Verde | 4.39% | -48.7% |
| 84th | Niger | 4.55% | 55.2% |
| 85th | Lebanon | 4.55% | -41.3% |
| 86th | Guyana | 4.59% | 29.0% |
| 87th | Côte d'Ivoire | 4.61% | -26.8% |
| 88th | Latvia | 4.64% | -42.5% |
| 89th | Greece | 4.77% | -12.4% |
| 90th | Dominican Republic | 4.83% | -41.8% |
| 91st | Algeria | 4.95% | -13.2% |
| 92nd | Lithuania | 5.07% | -42.0% |
| 93rd | Burkina Faso | 5.08% | 73.6% |
| 94th | Guinea | 5.10% | 163.4% |
| 95th | Chile | 5.11% | -16.7% |
| 96th | Haiti | 5.27% | -54.6% |
| 97th | Malaysia | 5.27% | 98.5% |
| 98th | Israel | 5.49% | -39.0% |
| 99th | West Bank and Gaza | 5.58% | -26.8% |
| 100th | Trinidad and Tobago | 5.61% | 53.3% |
| 101st | Fiji | 5.71% | 68.3% |
| 102nd | Benin | 5.75% | 51.3% |
| 103rd | Yemen, Republic of | 5.98% | 28.9% |
| 104th | Madagascar | 6.21% | 38.2% |
| 105th | Rwanda | 6.21% | -47.2% |
| 106th | Pakistan | 6.23% | -47.3% |
| 107th | Croatia | 6.40% | 72.5% |
| 108th | Guatemala | 6.61% | -28.4% |
| 109th | Namibia | 6.62% | -31.6% |
| 110th | Botswana | 6.66% | -25.2% |
| 111th | Slovak Republic | 6.67% | 10.5% |
| 112th | Kenya | 6.72% | -40.6% |
| 113th | Mauritius | 6.81% | -0.3% |
| 114th | South Africa | 6.88% | -19.9% |
| 115th | Kazakhstan | 7.15% | -58.9% |
| 116th | Peru | 7.25% | -15.2% |
| 117th | Viet Nam | 7.27% | 134.8% |
| 118th | Korea | 7.51% | 69.3% |
| 119th | Bolivia, Plurinational State of | 7.67% | 62.9% |
| 120th | Moldova | 7.70% | -34.6% |
| 121st | Slovenia | 7.89% | -5.4% |
| 122nd | Equatorial Guinea | 7.94% | 163.0% |
| 123rd | Thailand | 7.99% | 42.1% |
| 124th | Guinea-Bissau | 8.01% | -83.7% |
| 125th | Mauritania | 8.03% | 73.7% |
| 126th | Eswatini | 8.11% | 2.1% |
| 127th | Estonia | 8.21% | -11.8% |
| 128th | Lesotho | 8.24% | -1.7% |
| 129th | Bangladesh | 8.40% | 215.8% |
| 130th | Jamaica | 8.63% | -10.6% |
| 131st | Armenia | 8.67% | -38.2% |
| 132nd | Philippines | 9.23% | 65.0% |
| 133rd | Mongolia | 9.36% | -68.8% |
| 134th | Sri Lanka | 9.36% | -2.1% |
| 135th | Eritrea | 9.47% | 153.2% |
| 136th | Nigeria | 10.00% | -6.3% |
| 137th | Kyrgyz Republic | 10.46% | -55.4% |
| 138th | Ukraine | 10.58% | -33.4% |
| 139th | Bhutan | 10.59% | 23.8% |
| 140th | Czechia | 10.70% | 24.5% |
| 141st | Uruguay | 10.81% | -45.5% |
| 142nd | Nepal | 11.24% | 38.8% |
| 143rd | Paraguay | 11.55% | 66.9% |
| 144th | Poland | 11.60% | -22.2% |
| 145th | Costa Rica | 11.66% | -12.0% |
| 146th | Solomon Islands | 12.40% | 53.7% |
| 147th | Burundi | 12.50% | -60.1% |
| 148th | Tanzania | 12.80% | -20.7% |
| 149th | Nicaragua | 13.05% | 42.0% |
| 150th | India | 13.23% | 93.3% |
| 151st | Papua New Guinea | 13.57% | 244.3% |
| 152nd | Honduras | 13.67% | -32.3% |
| 153rd | Hungary | 14.15% | -22.6% |
| 154th | Ghana | 14.62% | -41.1% |
| 155th | Iraq | 14.77% | -36.0% |
| 156th | Cambodia | 14.81% | 41.0% |
| 157th | Mexico | 15.93% | -22.7% |
| 158th | Turkmenistan | 16.77% | -80.0% |
| 159th | Iran, Islamic Republic of | 17.87% | 8.0% |
| 160th | Bulgaria | 18.67% | -98.2% |
| 161st | Colombia | 18.68% | 1.1% |
| 162nd | Suriname | 18.98% | 212.0% |
| 163rd | Albania | 20.64% | -37.8% |
| 164th | Zambia | 24.46% | 14.2% |
| 165th | Sudan | 24.62% | -47.8% |
| 166th | Russian Federation | 27.69% | 87.6% |
| 167th | Uzbekistan | 28.98% | -59.1% |
| 168th | Congo, Democratic Republic of | 29.15% | -85.4% |
| 169th | Malawi | 29.75% | 225.6% |
| 170th | Serbia | 30.16% | 29.4% |
| 171st | Sierra Leone | 35.99% | 147.2% |
| 172nd | Ecuador | 36.10% | 18.0% |
| 173rd | Tajikistan | 43.18% | -50.9% |
| 174th | São Tomé and Principe | 50.49% | -26.9% |
| 175th | Myanmar | 51.49% | 73.4% |
| 176th | Indonesia | 58.45% | 837.2% |
| 177th | Romania | 59.10% | -61.8% |
| 178th | Belarus | 72.87% | 14.2% |
| 179th | Türkiye | 84.64% | -1.2% |
| 180th | Lao PDR | 90.98% | 365.5% |
| 181st | Angola | 107.28% | -51.6% |
FAQ
What was Indonesia's inflation rate in 1998?▾
Indonesia's inflation rate in 1998 was 58.45%. This ranked 176th globally.
How did Indonesia's inflation rate change in 1998?▾
Indonesia's inflation rate increased by 837.2% in 1998 compared to 1997.
Which country had the highest inflation rate in 1998?▾
Angola had the highest inflation rate in 1998 at 107.28%.
What is the inflation rate of Indonesia in 1998?▾
The inflation rate of Indonesia in 1998 was 58.45%. This ranked 176th globally.
How does 1998 compare to 1997 for Indonesia's inflation rate?▾
Indonesia's inflation rate went from 6.23% in 1997 to 58.45% in 1998, a 837.2% increase.
HistorySaid - pattern alert
Indonesia matched the Orthodox Tightening Cycle pattern in 1998. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 3.7%. View full analysis →
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