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New Zealand - Inflation Rate 1988

Name: New Zealand Inflation Rate 1988
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Consumer price inflation, annual % · World Bank

6.38% −9.39pp from 1987 Global rank: 69th

New Zealand's inflation rate was 6.38% in 1988, decreased +9.39pp from 15.74% in 1987. This was the 69th highest globally.

Global Ranking - 1988▾

Inflation Rate by Country - 1988
Rank	Country	Value	YoY
1st	Gabon	-8.78%	-777.6%
2nd	Central African Republic	-3.96%	43.3%
3rd	Senegal	-1.83%	55.8%
4th	Niger	-1.39%	79.0%
5th	Zimbabwe	-1.06%	-108.3%
6th	Togo	-0.15%	-379.5%
7th	St. Vincent and the Grenadines	0.23%	-92.3%
8th	St. Kitts and Nevis	0.23%	-75.2%
9th	Comoros	0.29%	-91.2%
10th	Bahrain	0.30%	117.8%
11th	Panama	0.36%	-63.9%
12th	Japan	0.68%	434.3%
13th	Netherlands	0.74%	173.8%
14th	St. Lucia	0.83%	-88.2%
15th	Saudi Arabia	0.91%	137.9%
16th	Malta	0.94%	125.6%
17th	Congo, Republic of	1.03%	-70.9%
18th	Kiribati	1.14%	111.1%
19th	Belgium	1.16%	-25.3%
20th	Brunei Darussalam	1.19%	-4.3%
21st	Germany	1.27%	426.5%
22nd	Mauritania	1.32%	-83.8%
23rd	Luxembourg	1.44%	1,536.6%
24th	Kuwait	1.47%	124.2%
25th	Singapore	1.52%	215.4%
26th	Oman	1.59%	-38.0%
27th	Cameroon	1.68%	-39.8%
28th	Angola	1.83%	0.0%
29th	Seychelles	1.84%	-18.0%
30th	Switzerland	1.87%	30.5%
31st	Austria	1.92%	36.1%
32nd	Ireland	2.13%	-32.3%
33rd	Morocco	2.37%	-12.2%
34th	Bulgaria	2.37%	-12.2%
35th	Equatorial Guinea	2.52%	119.2%
36th	Malaysia	2.56%	246.9%
37th	Puerto Rico (US)	2.58%	24.0%
38th	Romania	2.60%	136.4%
39th	France	2.70%	-17.9%
40th	Dominica	2.92%	-39.3%
41st	Rwanda	2.98%	-28.2%
42nd	Aruba	3.12%	-14.2%
43rd	Belize	3.14%	55.3%
44th	Cyprus	3.43%	28.0%
45th	Benin	3.45%	357.3%
46th	Thailand	3.86%	50.5%
47th	Grenada	4.00%	558.7%
48th	Canada	4.03%	-7.7%
49th	Cabo Verde	4.07%	8.6%
50th	United States	4.08%	14.0%
51st	Haiti	4.11%	135.9%
52nd	United Kingdom	4.16%	2.2%
53rd	Burkina Faso	4.26%	249.3%
54th	Bahamas, The	4.40%	-26.6%
55th	Burundi	4.49%	-36.4%
56th	Honduras	4.49%	80.6%
57th	Denmark	4.54%	14.0%
58th	European Union	4.54%	12.8%
59th	Qatar	4.60%	2.5%
60th	Spain	4.84%	-7.8%
61st	Barbados	4.86%	36.2%
62nd	United Arab Emirates	5.00%	-9.1%
63rd	Italy	5.06%	7.2%
64th	Finland	5.09%	24.6%
65th	Papua New Guinea	5.45%	63.2%
66th	Sweden	5.82%	38.0%
67th	Algeria	5.91%	0.9%
68th	Libya	6.09%	37.6%
69th	New Zealand	6.38%	-59.6%
70th	Maldives	6.46%	-44.8%
71st	Jordan	6.61%	3,249.2%
72nd	Norway	6.68%	-23.4%
73rd	Antigua and Barbuda	6.80%	88.8%
74th	Côte d'Ivoire	6.93%	-0.7%
75th	Korea	7.15%	134.5%
76th	Tunisia	7.20%	-12.5%
77th	Australia	7.22%	-15.4%
78th	Suriname	7.31%	-86.3%
79th	Bangladesh	7.41%	-29.5%
80th	Trinidad and Tobago	7.76%	-27.8%
81st	Hong Kong SAR, China	7.89%	39.1%
82nd	Indonesia	8.05%	-13.0%
83rd	Jamaica	8.27%	-26.2%
84th	Botswana	8.35%	-14.8%
85th	Samoa	8.51%	-23.8%
86th	Vanuatu	8.76%	-45.4%
87th	Pakistan	8.84%	88.4%
88th	Mali	8.95%	159.9%
89th	Nepal	8.98%	-32.4%
90th	Mauritius	9.16%	1,173.9%
91st	India	9.38%	3.6%
92nd	Tonga	9.92%	28.9%
93rd	Bhutan	10.10%	43.3%
94th	Portugal	10.10%	7.4%
95th	Guatemala	10.83%	-0.1%
96th	Lesotho	11.46%	-4.8%
97th	Gambia, The	11.69%	-50.7%
98th	Fiji	11.76%	107.6%
99th	Kenya	12.26%	42.0%
100th	South Africa	12.78%	-22.1%
101st	Greece	13.53%	-17.5%
102nd	Philippines	13.86%	355.6%
103rd	Sri Lanka	13.99%	81.3%
104th	Chile	14.68%	-26.1%
105th	Lao PDR	14.80%	142.1%
106th	Chad	15.48%	666.9%
107th	Hungary	15.72%	81.1%
108th	Bolivia, Plurinational State of	16.00%	9.8%
109th	Myanmar	16.04%	-35.2%
110th	Israel	16.38%	-17.5%
111th	Solomon Islands	16.74%	45.6%
112th	Egypt, Arab Republic of	17.66%	-29.9%
113th	China	18.81%	157.7%
114th	El Salvador	19.76%	-20.5%
115th	Eswatini	20.39%	52.5%
116th	Costa Rica	20.83%	24.0%
117th	Paraguay	22.59%	4.3%
118th	Cambodia	23.00%	173.6%
119th	Iceland	25.73%	37.1%
120th	Madagascar	26.85%	73.7%
121st	Guinea	27.29%	-26.0%
122nd	Colombia	28.11%	20.5%
123rd	Iran, Islamic Republic of	28.67%	3.5%
124th	Tanzania	31.19%	4.3%
125th	Ghana	31.36%	-21.1%
126th	Malawi	33.91%	35.4%
127th	Sierra Leone	34.29%	-80.8%
128th	Syrian Arab Republic	34.56%	-51.6%
129th	Guyana	39.90%	39.0%
130th	Dominican Republic	43.86%	223.7%
131st	São Tomé and Principe	44.28%	77.1%
132nd	Zambia	51.00%	18.5%
133rd	Nigeria	54.51%	382.8%
134th	Ecuador	58.22%	97.3%
135th	Mozambique	58.51%	-64.3%
136th	Poland	58.72%	132.7%
137th	Guinea-Bissau	60.28%	-30.5%
138th	Uruguay	62.19%	-2.2%
139th	Sudan	64.70%	144.0%
140th	Türkiye	68.81%	77.1%
141st	Congo, Democratic Republic of	71.09%	-21.3%
142nd	Mexico	114.16%	-13.5%
143rd	Lebanon	155.00%	-68.2%
144th	Uganda	166.70%	-22.6%
145th	Croatia	185.71%	39.3%
146th	Slovenia	198.75%	50.5%
147th	Viet Nam	374.35%	3.9%
148th	Brazil	629.11%	175.5%
149th	Peru	667.02%	677.0%
150th	Nicaragua	4,775.20%	-63.6%

FAQ

What was New Zealand's inflation rate in 1988?▾

New Zealand's inflation rate in 1988 was 6.38%. This ranked 69th globally.

How did New Zealand's inflation rate change in 1988?▾

New Zealand's inflation rate decreased by 59.6% in 1988 compared to 1987.

Which country had the highest inflation rate in 1988?▾

Nicaragua had the highest inflation rate in 1988 at 4,775.20%.

What is the inflation rate of New Zealand in 1988?▾

The inflation rate of New Zealand in 1988 was 6.38%. This ranked 69th globally.

How does 1988 compare to 1987 for New Zealand's inflation rate?▾

New Zealand's inflation rate went from 15.74% in 1987 to 6.38% in 1988, a 59.6% decrease.

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