Dominica Inflation Rate 1967-2024

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.
  • Dominica inflation rate for 2023 was 3.48%, a 4.3% decline from 2022.
  • Dominica inflation rate for 2022 was 7.78%, a 6.3% increase from 2021.
  • Dominica inflation rate for 2021 was 1.48%, a 2.21% increase from 2020.
  • Dominica inflation rate for 2020 was -0.73%, a 2.23% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lebanon 221.34%
Turkey 53.86%
Iran 44.58%
Kazakhstan 14.73%
Serbia 12.37%
Colombia 11.74%
Romania 10.40%
Bulgaria 9.44%
North Macedonia 9.36%
Algeria 9.32%
Azerbaijan 8.79%
Montenegro 8.58%
Samoa 8.12%
Mauritius 7.05%
Jamaica 6.47%
Peru 6.46%
Tonga 6.35%
Guatemala 6.21%
South Africa 6.07%
Namibia 5.88%
Mexico 5.53%
Botswana 5.07%
Belarus 5.00%
Dominican Republic 4.79%
Paraguay 4.63%
Brazil 4.59%
St. Vincent and the Grenadines 4.56%
Belize 4.39%
St. Lucia 4.07%
Gabon 3.63%
Dominica 3.48%
Maldives 2.93%
Guyana 2.82%
Grenada 2.70%
Malaysia 2.49%
Libya 2.37%
Ecuador 2.22%
Jordan 2.08%
Armenia 1.98%
Thailand 1.23%
Costa Rica 0.53%
China 0.23%
Dominica Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 3.48% -4.30%
2022 7.78% 6.30%
2021 1.48% 2.21%
2020 -0.73% -2.23%
2019 1.50% 0.52%
2018 0.99% 0.69%
2017 0.30% 0.15%
2016 0.14% 0.99%
2015 -0.84% -1.64%
2014 0.80% 0.85%
2013 -0.05% -1.40%
2012 1.36% 0.23%
2011 1.13% -1.87%
2010 3.00% 2.99%
2009 0.01% -6.35%
2008 6.36% 2.73%
2007 3.63% 1.43%
2006 2.20% 0.52%
2005 1.68% -0.71%
2004 2.39% 0.94%
2003 1.45% 1.28%
2002 0.17% -1.13%
2001 1.30% 0.45%
2000 0.86% -0.32%
1999 1.18% 0.18%
1998 1.00% -1.44%
1997 2.44% 0.76%
1996 1.68% 0.36%
1995 1.32% 1.30%
1994 0.02% -1.55%
1993 1.57% -3.90%
1992 5.47% -0.09%
1991 5.56% 2.37%
1990 3.19% -3.03%
1989 6.22% 3.29%
1988 2.92% -1.10%
1987 4.02% 1.25%
1986 2.77% -0.97%
1985 3.74% 1.52%
1984 2.22% -1.93%
1983 4.15% -0.25%
1982 4.39% -8.87%
1981 13.27% 5.55%
1978 7.71% -1.79%
1977 9.50% -1.40%
1976 10.90% -9.00%
1975 19.90% -14.47%
1974 34.38% 22.28%
1973 12.10% 8.41%
1972 3.69% 0.05%
1971 3.64% -8.76%
1970 12.39% 8.18%
1969 4.22% -1.15%
1968 5.37% 4.42%
1967 0.95% 4.42%