China Inflation Rate 1987-2023

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • China inflation rate for 2021 was 0.98%, a 1.44% decline from 2020.
  • China inflation rate for 2020 was 2.42%, a 0.48% decline from 2019.
  • China inflation rate for 2019 was 2.90%, a 0.82% increase from 2018.
  • China inflation rate for 2018 was 2.07%, a 0.48% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 154.76%
Suriname 59.11%
Iran 43.39%
Turkey 19.60%
Belarus 9.46%
Brazil 8.30%
Dominican Republic 8.24%
Botswana 7.24%
Algeria 7.23%
Armenia 7.18%
Russia 6.69%
Azerbaijan 6.65%
Iraq 6.04%
Jamaica 5.86%
Mexico 5.69%
Tonga 5.64%
Romania 5.05%
Guyana 5.03%
Paraguay 4.79%
South Africa 4.61%
Peru 4.27%
Guatemala 4.26%
Serbia 4.09%
Mauritius 4.03%
Namibia 3.62%
Colombia 3.50%
Bulgaria 3.30%
Belize 3.24%
North Macedonia 3.23%
Samoa 3.13%
Malaysia 2.48%
Montenegro 2.41%
St. Lucia 2.41%
Albania 2.04%
Bosnia 1.98%
Costa Rica 1.73%
St. Vincent and the Grenadines 1.57%
Jordan 1.35%
Thailand 1.23%
Grenada 1.22%
China 0.98%
Maldives 0.54%
Fiji 0.16%
Ecuador 0.13%
China Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 0.98% -1.44%
2020 2.42% -0.48%
2019 2.90% 0.82%
2018 2.07% 0.48%
2017 1.59% -0.41%
2016 2.00% 0.56%
2015 1.44% -0.48%
2014 1.92% -0.70%
2013 2.62% 0.00%
2012 2.62% -2.93%
2011 5.55% 2.38%
2010 3.18% 3.90%
2009 -0.73% -6.65%
2008 5.93% 1.11%
2007 4.82% 3.17%
2006 1.65% -0.13%
2005 1.78% -2.05%
2004 3.82% 2.70%
2003 1.13% 1.86%
2002 -0.73% -1.45%
2001 0.72% 0.37%
2000 0.35% 1.75%
1999 -1.40% -0.63%
1998 -0.77% -3.56%
1997 2.79% -5.53%
1996 8.31% -8.48%
1995 16.79% -7.47%
1994 24.26% 9.65%
1993 14.61% 8.26%
1992 6.35% 2.80%
1991 3.56% 0.50%
1990 3.05% -15.19%
1989 18.25% -0.57%
1988 18.81% 11.58%
1987 7.23% 11.58%