Hong Kong Inflation Rate 1982-2023

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.
  • Hong Kong inflation rate for 2021 was 1.57%, a 1.32% increase from 2020.
  • Hong Kong inflation rate for 2020 was 0.25%, a 2.63% decline from 2019.
  • Hong Kong inflation rate for 2019 was 2.88%, a 0.48% increase from 2018.
  • Hong Kong inflation rate for 2018 was 2.41%, a 0.91% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Uruguay 7.75%
Hungary 5.11%
Poland 5.06%
United States 4.70%
Lithuania 4.68%
Estonia 4.65%
Chile 4.52%
Iceland 4.44%
New Zealand 3.94%
Czech Republic 3.84%
Norway 3.48%
Kuwait 3.42%
Canada 3.40%
Latvia 3.28%
Slovak Republic 3.15%
Germany 3.14%
Spain 3.09%
Saudi Arabia 3.06%
Bahamas 2.90%
Australia 2.86%
Austria 2.77%
Netherlands 2.68%
Palau 2.61%
Croatia 2.55%
Luxembourg 2.53%
United Kingdom 2.52%
South Korea 2.50%
Cyprus 2.45%
Belgium 2.44%
Ireland 2.36%
Singapore 2.30%
Qatar 2.30%
Finland 2.19%
Sweden 2.16%
Antigua and Barbuda 2.06%
Trinidad and Tobago 2.06%
Slovenia 1.92%
Italy 1.87%
Denmark 1.85%
Brunei 1.73%
France 1.64%
Panama 1.63%
Hong Kong 1.57%
Oman 1.55%
Malta 1.50%
Israel 1.49%
Portugal 1.27%
Greece 1.22%
St. Kitts and Nevis 1.20%
Switzerland 0.58%
Japan -0.23%
Bahrain -0.61%
Hong Kong Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2021 1.57% 1.32%
2020 0.25% -2.63%
2019 2.88% 0.48%
2018 2.41% 0.91%
2017 1.49% -0.92%
2016 2.41% -0.58%
2015 2.99% -1.43%
2014 4.42% 0.09%
2013 4.34% 0.28%
2012 4.05% -1.25%
2011 5.31% 3.01%
2010 2.29% 1.71%
2009 0.58% -3.72%
2008 4.30% 2.27%
2007 2.04% 0.03%
2006 2.00% 1.17%
2005 0.83% 1.10%
2004 -0.27% 2.40%
2003 -2.67% 0.31%
2002 -2.98% -1.32%
2001 -1.66% 2.03%
2000 -3.69% 0.32%
1999 -4.01% -6.92%
1998 2.91% -2.86%
1997 5.78% -0.50%
1996 6.28% -2.80%
1995 9.08% 0.34%
1994 8.74% -0.06%
1993 8.80% -0.85%
1992 9.65% -1.51%
1991 11.16% 0.73%
1990 10.43% 0.24%
1989 10.18% 2.30%
1988 7.89% 2.23%
1987 5.65% 2.27%
1986 3.38% -0.12%
1985 3.50% -5.15%
1984 8.65% -1.24%
1983 9.89% -1.08%
1982 10.97% -1.08%