Mexico - Inflation Rate 1997
20.63%
−13.72pp from 1996
Mexico's inflation rate was 20.63% in 1997, decreased +13.72pp from 34.38% in 1996. This was the 157th highest globally.
Global Ranking - 1997▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Zimbabwe | -0.97% | -116.1% |
| 2nd | Mali | -0.36% | -105.6% |
| 3rd | Oman | -0.36% | -172.6% |
| 4th | St. Lucia | -0.01% | -100.6% |
| 5th | Saudi Arabia | 0.06% | -78.8% |
| 6th | Australia | 0.22% | -91.5% |
| 7th | Antigua and Barbuda | 0.36% | -87.8% |
| 8th | St. Vincent and the Grenadines | 0.44% | -89.9% |
| 9th | Switzerland | 0.52% | -35.8% |
| 10th | Bahamas, The | 0.54% | -56.9% |
| 11th | Seychelles | 0.62% | 130.0% |
| 12th | Sweden | 0.66% | -35.4% |
| 13th | Kuwait | 0.68% | -80.8% |
| 14th | Morocco | 1.04% | -63.1% |
| 15th | Belize | 1.15% | -82.1% |
| 16th | New Zealand | 1.19% | -48.1% |
| 17th | Finland | 1.19% | 12.2% |
| 18th | France | 1.20% | -42.1% |
| 19th | Grenada | 1.24% | -38.8% |
| 20th | North Macedonia | 1.29% | -47.5% |
| 21st | Austria | 1.31% | -26.3% |
| 22nd | Panama | 1.32% | 4.8% |
| 23rd | Luxembourg | 1.37% | 18.3% |
| 24th | Comoros | 1.50% | -37.5% |
| 25th | Ireland | 1.54% | -29.3% |
| 26th | Central African Republic | 1.61% | -58.1% |
| 27th | Canada | 1.62% | 3.2% |
| 28th | Belgium | 1.63% | -7.5% |
| 29th | Brunei Darussalam | 1.71% | -14.3% |
| 30th | Japan | 1.75% | 1,166.5% |
| 31st | Senegal | 1.75% | -38.2% |
| 32nd | Iceland | 1.82% | -19.4% |
| 33rd | Puerto Rico (US) | 1.89% | -43.1% |
| 34th | Syrian Arab Republic | 1.89% | -78.7% |
| 35th | Guinea | 1.94% | -35.1% |
| 36th | Germany | 1.94% | 52.2% |
| 37th | Spain | 1.97% | -45.2% |
| 38th | Singapore | 2.00% | 45.3% |
| 39th | Italy | 2.04% | -48.7% |
| 40th | Netherlands | 2.11% | 45.9% |
| 41st | Tonga | 2.12% | -20.5% |
| 42nd | Yemen, Republic of | 2.18% | -94.4% |
| 43rd | Denmark | 2.18% | 4.3% |
| 44th | United Kingdom | 2.20% | -9.2% |
| 45th | Burkina Faso | 2.32% | -62.0% |
| 46th | Portugal | 2.34% | -20.4% |
| 47th | United States | 2.34% | -20.4% |
| 48th | Bahrain | 2.43% | 1,414.4% |
| 49th | Dominica | 2.44% | 43.2% |
| 50th | Djibouti | 2.52% | -28.3% |
| 51st | Kiribati | 2.55% | 253.2% |
| 52nd | Norway | 2.57% | 103.2% |
| 53rd | Malaysia | 2.66% | -23.5% |
| 54th | Micronesia, Federated States of | 2.67% | -4.6% |
| 55th | Gambia, The | 2.78% | 153.1% |
| 56th | China | 2.79% | -66.6% |
| 57th | Vanuatu | 2.83% | 205.7% |
| 58th | Niger | 2.93% | -45.1% |
| 59th | United Arab Emirates | 2.97% | -0.3% |
| 60th | Aruba | 3.00% | -5.3% |
| 61st | Equatorial Guinea | 3.02% | -33.6% |
| 62nd | Jordan | 3.04% | -53.3% |
| 63rd | Malta | 3.11% | 58.5% |
| 64th | European Union | 3.11% | -12.6% |
| 65th | Viet Nam | 3.21% | -42.6% |
| 66th | Fiji | 3.37% | 11.9% |
| 67th | Benin | 3.47% | -29.5% |
| 68th | Macao SAR, China | 3.49% | -27.6% |
| 69th | Libya | 3.55% | -11.2% |
| 70th | Guyana | 3.56% | -49.9% |
| 71st | Cyprus | 3.61% | 39.6% |
| 72nd | Trinidad and Tobago | 3.63% | 10.3% |
| 73rd | Tunisia | 3.65% | -2.2% |
| 74th | Azerbaijan | 3.67% | -81.4% |
| 75th | Eritrea | 3.74% | -63.7% |
| 76th | Papua New Guinea | 3.96% | -65.9% |
| 77th | Gabon | 3.97% | 475.9% |
| 78th | Nepal | 4.01% | -44.1% |
| 79th | Côte d'Ivoire | 4.02% | 48.9% |
| 80th | Croatia | 4.17% | 14.5% |
| 81st | Korea | 4.44% | -9.9% |
| 82nd | Madagascar | 4.49% | -77.3% |
| 83rd | El Salvador | 4.49% | -54.1% |
| 84th | Mauritania | 4.63% | -1.2% |
| 85th | Egypt, Arab Republic of | 4.63% | -34.8% |
| 86th | Bolivia, Plurinational State of | 4.71% | -62.1% |
| 87th | Cameroon | 4.79% | 22.1% |
| 88th | Qatar | 4.83% | -30.6% |
| 89th | Bangladesh | 5.31% | -22.4% |
| 90th | Greece | 5.54% | -29.7% |
| 91st | Chad | 5.57% | -50.8% |
| 92nd | Philippines | 5.59% | -32.6% |
| 93rd | Thailand | 5.63% | -3.4% |
| 94th | Bosnia and Herzegovina | 5.73% | 148.9% |
| 95th | Algeria | 5.73% | -69.3% |
| 96th | Hong Kong SAR, China | 5.78% | -8.7% |
| 97th | Chile | 6.13% | -16.6% |
| 98th | Slovak Republic | 6.14% | 6.2% |
| 99th | Indonesia | 6.23% | -22.0% |
| 100th | Bhutan | 6.51% | -25.9% |
| 101st | Mauritius | 6.83% | 4.3% |
| 102nd | Samoa | 6.86% | 26.6% |
| 103rd | Brazil | 6.93% | -56.0% |
| 104th | Paraguay | 6.95% | -28.9% |
| 105th | West Bank and Gaza | 7.09% | - |
| 106th | Georgia | 7.09% | -82.0% |
| 107th | Eswatini | 7.13% | 10.9% |
| 108th | Suriname | 7.15% | 151.6% |
| 109th | India | 7.16% | -24.1% |
| 110th | Mozambique | 7.36% | -84.8% |
| 111th | Maldives | 7.57% | 21.3% |
| 112th | Barbados | 7.71% | 223.2% |
| 113th | Lebanon | 7.75% | -12.7% |
| 114th | Cambodia | 7.96% | 11.4% |
| 115th | Solomon Islands | 8.08% | -31.3% |
| 116th | Uganda | 8.17% | 8.7% |
| 117th | Togo | 8.25% | 79.5% |
| 118th | Dominican Republic | 8.30% | 53.7% |
| 119th | Slovenia | 8.36% | -15.7% |
| 120th | Lesotho | 8.38% | -5.8% |
| 121st | Latvia | 8.45% | -52.0% |
| 122nd | Nigeria | 8.53% | -70.9% |
| 123rd | Cabo Verde | 8.56% | 42.4% |
| 124th | Peru | 8.56% | -25.9% |
| 125th | Czechia | 8.60% | -1.9% |
| 126th | South Africa | 8.60% | 15.7% |
| 127th | Botswana | 8.72% | -13.7% |
| 128th | Lithuania | 8.88% | -61.5% |
| 129th | St. Kitts and Nevis | 8.91% | 334.8% |
| 130th | Israel | 8.95% | -20.6% |
| 131st | Malawi | 9.14% | -75.8% |
| 132nd | Nicaragua | 9.19% | -21.1% |
| 133rd | Guatemala | 9.23% | -16.5% |
| 134th | Sri Lanka | 9.57% | -39.9% |
| 135th | Jamaica | 9.66% | -63.4% |
| 136th | Namibia | 9.68% | 11.2% |
| 137th | Estonia | 10.58% | -46.4% |
| 138th | Kenya | 11.36% | 66.7% |
| 139th | Pakistan | 11.38% | 5.6% |
| 140th | Moldova | 11.77% | -49.9% |
| 141st | Rwanda | 12.02% | -8.9% |
| 142nd | Congo, Republic of | 12.70% | 71.6% |
| 143rd | Costa Rica | 13.25% | -24.3% |
| 144th | Armenia | 13.96% | -25.2% |
| 145th | Sierra Leone | 14.56% | -37.1% |
| 146th | Russian Federation | 14.76% | -69.1% |
| 147th | Poland | 14.91% | -25.1% |
| 148th | Ukraine | 15.94% | -80.1% |
| 149th | Tanzania | 16.09% | -23.6% |
| 150th | Iran, Islamic Republic of | 17.35% | -27.5% |
| 151st | Kazakhstan | 17.41% | -55.6% |
| 152nd | Hungary | 18.31% | -22.0% |
| 153rd | Colombia | 18.47% | -11.2% |
| 154th | Uruguay | 19.82% | -30.1% |
| 155th | Honduras | 20.20% | -15.3% |
| 156th | Haiti | 20.56% | -0.1% |
| 157th | Mexico | 20.63% | -40.0% |
| 158th | Iraq | 23.06% | 243.1% |
| 159th | Serbia | 23.31% | -75.6% |
| 160th | Kyrgyz Republic | 23.44% | -26.6% |
| 161st | Zambia | 24.42% | -36.7% |
| 162nd | Lao PDR | 27.51% | 43.7% |
| 163rd | Ghana | 27.89% | -37.3% |
| 164th | Myanmar | 29.70% | 82.5% |
| 165th | Ecuador | 30.66% | 25.6% |
| 166th | Burundi | 31.11% | 15.7% |
| 167th | Albania | 33.18% | 160.6% |
| 168th | São Tomé and Principe | 35.82% | -14.8% |
| 169th | Mongolia | 36.56% | -21.9% |
| 170th | Sudan | 47.17% | -45.6% |
| 171st | Guinea-Bissau | 49.10% | -3.6% |
| 172nd | Belarus | 63.94% | 21.4% |
| 173rd | Uzbekistan | 70.86% | 31.3% |
| 174th | Turkmenistan | 83.72% | -91.6% |
| 175th | Türkiye | 85.67% | 6.8% |
| 176th | Tajikistan | 87.96% | -79.0% |
| 177th | Romania | 154.76% | 298.8% |
| 178th | Congo, Democratic Republic of | 198.52% | -67.8% |
| 179th | Angola | 219.18% | -94.7% |
| 180th | Bulgaria | 1,058.37% | 760.5% |
FAQ
What was Mexico's inflation rate in 1997?▾
Mexico's inflation rate in 1997 was 20.63%. This ranked 157th globally.
How did Mexico's inflation rate change in 1997?▾
Mexico's inflation rate decreased by 40.0% in 1997 compared to 1996.
Which country had the highest inflation rate in 1997?▾
Bulgaria had the highest inflation rate in 1997 at 1,058.37%.
What is the inflation rate of Mexico in 1997?▾
The inflation rate of Mexico in 1997 was 20.63%. This ranked 157th globally.
How does 1997 compare to 1996 for Mexico's inflation rate?▾
Mexico's inflation rate went from 34.38% in 1996 to 20.63% in 1997, a 40.0% decrease.
HistorySaid - pattern alert
Mexico matched the Orthodox Tightening Cycle pattern in 1997. Historically: 311 occurrences, 177 successful (57%). Outcome 24 months later: 16.6%. View full analysis →
Related
1996
1998
All years
Full ranking 1997
Consumer Price Index
PPP Conversion Factor
Peak: 1987
Lowest: 1963
Inflation Rate 1990s
Inflation Rate 2000s
Inflation Rate 2010s
Inflation Rate 2020s
Highest ever
Lowest ever
Average
vs Malaysia
vs China
vs Nauru
vs Argentina
G20 Inflation Rate
OECD Inflation Rate
Global Ranking