India Inflation Rate 1960-2024

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.
  • India inflation rate for 2022 was 6.70%, a 1.57% increase from 2021.
  • India inflation rate for 2021 was 5.13%, a 1.49% decline from 2020.
  • India inflation rate for 2020 was 6.62%, a 2.89% increase from 2019.
  • India inflation rate for 2019 was 3.73%, a 0.21% decline from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Sudan 138.81%
Sri Lanka 49.72%
Ghana 31.26%
Moldova 28.74%
Lao PDR 22.96%
Ukraine 20.18%
Pakistan 19.87%
Nigeria 18.85%
Sao Tome and Principe 18.01%
Mongolia 15.15%
Kyrgyz Republic 13.92%
Egypt 13.90%
Georgia 11.90%
Kosovo 11.58%
Uzbekistan 11.45%
Zambia 10.99%
Nicaragua 10.47%
Mauritania 9.53%
Honduras 9.09%
Tunisia 8.31%
Lesotho 8.27%
Bangladesh 7.70%
Kenya 7.66%
El Salvador 7.20%
India 6.70%
Morocco 6.66%
Cameroon 6.25%
Philippines 5.82%
Bhutan 5.64%
Solomon Islands 5.52%
Micronesia 5.41%
Cambodia 5.34%
Djibouti 5.18%
Indonesia 4.21%
Vietnam 3.16%
Republic of Congo 3.04%
Bolivia 1.75%
India Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 6.70% 1.57%
2021 5.13% -1.49%
2020 6.62% 2.89%
2019 3.73% -0.21%
2018 3.94% 0.61%
2017 3.33% -1.62%
2016 4.95% 0.04%
2015 4.91% -1.76%
2014 6.67% -3.35%
2013 10.02% 0.54%
2012 9.48% 0.57%
2011 8.91% -3.08%
2010 11.99% 1.11%
2009 10.88% 2.53%
2008 8.35% 1.98%
2007 6.37% 0.58%
2006 5.80% 1.55%
2005 4.25% 0.48%
2004 3.77% -0.04%
2003 3.81% -0.49%
2002 4.30% 0.52%
2001 3.78% -0.23%
2000 4.01% -0.66%
1999 4.67% -8.56%
1998 13.23% 6.07%
1997 7.16% -1.81%
1996 8.98% -1.25%
1995 10.22% -0.02%
1994 10.25% 3.92%
1993 6.33% -5.46%
1992 11.79% -2.08%
1991 13.87% 4.90%
1990 8.97% 1.90%
1989 7.07% -2.31%
1988 9.38% 0.58%
1987 8.80% 0.07%
1986 8.73% 3.17%
1985 5.56% -2.76%
1984 8.32% -3.55%
1983 11.87% 3.98%
1982 7.89% -5.22%
1981 13.11% 1.77%
1980 11.35% 5.07%
1979 6.28% 3.75%
1978 2.52% -5.78%
1977 8.31% 15.94%
1976 -7.63% -13.38%
1975 5.75% -22.85%
1974 28.60% 11.66%
1973 16.94% 10.50%
1972 6.44% 3.36%
1971 3.08% -2.01%
1970 5.09% 5.68%
1969 -0.58% -3.82%
1968 3.24% -9.82%
1967 13.06% 2.26%
1966 10.80% 1.33%
1965 9.47% -3.88%
1964 13.36% 10.41%
1963 2.95% -0.69%
1962 3.63% 1.94%
1961 1.70% -0.08%
1960 1.78% -0.08%