New Zealand - Inflation Rate 1978
11.96%
−2.43pp from 1977
New Zealand's inflation rate was 11.96% in 1978, decreased +2.43pp from 14.38% in 1977. This was the 74th highest globally.
Global Ranking - 1978▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Myanmar | -6.04% | -422.6% |
| 2nd | Haiti | -2.67% | -141.2% |
| 3rd | Saudi Arabia | -1.58% | -113.9% |
| 4th | Togo | 0.44% | -98.0% |
| 5th | Switzerland | 1.03% | -20.6% |
| 6th | Samoa | 2.06% | -85.9% |
| 7th | India | 2.52% | -69.6% |
| 8th | Germany | 2.72% | -27.2% |
| 9th | Luxembourg | 3.09% | -53.8% |
| 10th | Senegal | 3.42% | -69.8% |
| 11th | Dominican Republic | 3.48% | -72.9% |
| 12th | Austria | 3.57% | -34.9% |
| 13th | Netherlands | 4.11% | -35.7% |
| 14th | Panama | 4.20% | -8.4% |
| 15th | Japan | 4.21% | -48.4% |
| 16th | Belgium | 4.47% | -37.0% |
| 17th | Iraq | 4.61% | -49.7% |
| 18th | Hungary | 4.69% | 19.9% |
| 19th | Malta | 4.71% | -53.1% |
| 20th | Syrian Arab Republic | 4.81% | -59.8% |
| 21st | Malaysia | 4.86% | 1.5% |
| 22nd | Singapore | 4.87% | 54.0% |
| 23rd | Honduras | 5.75% | -31.8% |
| 24th | Papua New Guinea | 5.80% | 28.1% |
| 25th | Costa Rica | 6.01% | 43.4% |
| 26th | Fiji | 6.11% | -12.8% |
| 27th | Bahamas, The | 6.11% | 91.5% |
| 28th | Pakistan | 6.14% | -39.4% |
| 29th | Solomon Islands | 6.26% | -27.3% |
| 30th | Vanuatu | 6.41% | 11.8% |
| 31st | Madagascar | 6.53% | 110.0% |
| 32nd | Tanzania | 6.58% | -43.3% |
| 33rd | Jordan | 6.92% | -52.5% |
| 34th | Philippines | 7.33% | -25.9% |
| 35th | Nepal | 7.35% | -25.8% |
| 36th | Cyprus | 7.44% | 1.5% |
| 37th | United States | 7.63% | 17.4% |
| 38th | Ireland | 7.71% | -42.8% |
| 39th | Dominica | 7.71% | -18.8% |
| 40th | European Union | 7.76% | -20.6% |
| 41st | Finland | 7.80% | -33.9% |
| 42nd | Thailand | 7.92% | 4.2% |
| 43rd | Australia | 8.00% | -35.0% |
| 44th | Poland | 8.10% | 65.2% |
| 45th | Indonesia | 8.11% | -26.6% |
| 46th | Norway | 8.16% | -10.3% |
| 47th | United Kingdom | 8.26% | -47.8% |
| 48th | Burkina Faso | 8.27% | -72.4% |
| 49th | Guatemala | 8.29% | -32.8% |
| 50th | St. Vincent and the Grenadines | 8.43% | -17.3% |
| 51st | Eswatini | 8.52% | -59.1% |
| 52nd | Mauritius | 8.55% | -6.8% |
| 53rd | Kuwait | 8.69% | -12.1% |
| 54th | Suriname | 8.82% | -9.3% |
| 55th | Gambia, The | 8.86% | -28.5% |
| 56th | Canada | 8.97% | 12.5% |
| 57th | Botswana | 9.04% | -31.3% |
| 58th | France | 9.25% | -2.6% |
| 59th | Barbados | 9.48% | 13.5% |
| 60th | Tonga | 9.58% | -45.4% |
| 61st | Morocco | 9.72% | -22.9% |
| 62nd | Sweden | 10.00% | -12.6% |
| 63rd | Niger | 10.09% | -56.6% |
| 64th | Denmark | 10.21% | -6.5% |
| 65th | Trinidad and Tobago | 10.26% | -12.7% |
| 66th | Bolivia, Plurinational State of | 10.36% | 27.7% |
| 67th | Paraguay | 10.66% | 13.9% |
| 68th | Gabon | 10.76% | -22.3% |
| 69th | St. Lucia | 10.88% | 22.7% |
| 70th | Egypt, Arab Republic of | 11.08% | -13.0% |
| 71st | South Africa | 11.14% | -0.1% |
| 72nd | Iran, Islamic Republic of | 11.72% | -57.0% |
| 73rd | Seychelles | 11.78% | -21.2% |
| 74th | New Zealand | 11.96% | -16.9% |
| 75th | Italy | 12.09% | -29.4% |
| 76th | Sri Lanka | 12.14% | 891.2% |
| 77th | Cameroon | 12.46% | -15.2% |
| 78th | Greece | 12.57% | 1.6% |
| 79th | Ecuador | 13.10% | 1.2% |
| 80th | Côte d'Ivoire | 13.24% | -51.7% |
| 81st | Rwanda | 13.27% | -2.8% |
| 82nd | El Salvador | 13.28% | 12.3% |
| 83rd | Lesotho | 13.48% | -19.2% |
| 84th | Korea | 14.46% | 43.2% |
| 85th | Bahrain | 15.79% | -11.0% |
| 86th | Kenya | 16.93% | 14.2% |
| 87th | Mexico | 17.46% | -39.9% |
| 88th | Algeria | 17.52% | 46.2% |
| 89th | Colombia | 17.76% | -47.5% |
| 90th | Grenada | 18.14% | -1.7% |
| 91st | Sudan | 19.23% | 12.6% |
| 92nd | Spain | 19.77% | -19.4% |
| 93rd | Portugal | 21.04% | -32.2% |
| 94th | Nigeria | 21.71% | 43.9% |
| 95th | Burundi | 23.90% | 249.6% |
| 96th | Libya | 29.38% | 367.8% |
| 97th | Jamaica | 34.90% | 211.9% |
| 98th | Chile | 40.09% | -56.4% |
| 99th | Iceland | 43.75% | 44.3% |
| 100th | Uruguay | 44.55% | -23.5% |
| 101st | Congo, Democratic Republic of | 48.77% | -29.3% |
| 102nd | Israel | 50.55% | 46.0% |
| 103rd | Peru | 57.85% | 52.0% |
| 104th | Türkiye | 61.90% | 138.2% |
| 105th | Ghana | 73.09% | -37.2% |
FAQ
What was New Zealand's inflation rate in 1978?▾
New Zealand's inflation rate in 1978 was 11.96%. This ranked 74th globally.
How did New Zealand's inflation rate change in 1978?▾
New Zealand's inflation rate decreased by 16.9% in 1978 compared to 1977.
Which country had the highest inflation rate in 1978?▾
Ghana had the highest inflation rate in 1978 at 73.09%.
What is the inflation rate of New Zealand in 1978?▾
The inflation rate of New Zealand in 1978 was 11.96%. This ranked 74th globally.
How does 1978 compare to 1977 for New Zealand's inflation rate?▾
New Zealand's inflation rate went from 14.38% in 1977 to 11.96% in 1978, a 16.9% decrease.
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