Indonesia 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.
  • Indonesia inflation rate for 2023 was 3.67%, a 0.54% decline from 2022.
  • Indonesia inflation rate for 2022 was 4.21%, a 2.65% increase from 2021.
  • Indonesia inflation rate for 2021 was 1.56%, a 0.36% decline from 2020.
  • Indonesia inflation rate for 2020 was 1.92%, a 1.11% decline from 2019.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Ghana 38.11%
Egypt 33.88%
Lao PDR 31.23%
Pakistan 30.77%
Nigeria 24.66%
Sao Tome and Principe 21.26%
Sri Lanka 16.54%
Angola 13.64%
Moldova 13.42%
Ukraine 12.85%
Zambia 10.88%
Kyrgyz Republic 10.75%
Mongolia 10.35%
Bangladesh 9.88%
Tunisia 9.33%
Nicaragua 8.39%
Kenya 7.67%
Cameroon 7.38%
Honduras 6.66%
Lesotho 6.34%
Morocco 6.09%
Philippines 5.98%
Solomon Islands 5.89%
West Bank and Gaza 5.87%
India 5.65%
Mauritania 4.95%
Kosovo 4.94%
Republic of Congo 4.30%
Bhutan 4.23%
El Salvador 4.05%
Indonesia 3.67%
Vietnam 3.25%
Bolivia 2.58%
Georgia 2.49%
Papua New Guinea 2.30%
Cambodia 2.13%
Djibouti 1.50%
Indonesia Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2023 3.67% -0.54%
2022 4.21% 2.65%
2021 1.56% -0.36%
2020 1.92% -1.11%
2019 3.03% -0.17%
2018 3.20% -0.61%
2017 3.81% 0.28%
2016 3.53% -2.84%
2015 6.36% -0.03%
2014 6.39% -0.02%
2013 6.41% 2.13%
2012 4.28% -1.08%
2011 5.36% 0.22%
2010 5.13% 0.75%
2009 4.39% -5.84%
2008 10.23% 3.82%
2007 6.41% -6.70%
2006 13.11% 2.66%
2005 10.45% 4.39%
2004 6.06% -0.69%
2003 6.76% -5.14%
2002 11.90% 0.40%
2001 11.50% 7.81%
2000 3.69% -16.79%
1999 20.48% -37.97%
1998 58.45% 52.22%
1997 6.23% -1.75%
1996 7.97% -1.45%
1995 9.42% 0.89%
1994 8.53% -1.14%
1993 9.67% 2.15%
1992 7.52% -1.90%
1991 9.42% 1.60%
1990 7.82% 1.40%
1989 6.42% -1.63%
1988 8.05% -1.23%
1987 9.28% 3.46%
1986 5.82% 1.10%
1985 4.72% -5.73%
1984 10.46% -1.34%
1983 11.80% 2.35%
1982 9.45% -2.82%
1981 12.27% -5.77%
1980 18.04% 1.80%
1979 16.23% 8.12%
1978 8.11% -2.94%
1977 11.05% -8.78%
1976 19.83% 0.66%
1975 19.17% -21.33%
1974 40.49% 9.45%
1973 31.04% 24.52%
1972 6.52% 2.29%
1971 4.23% -8.17%
1970 12.40% -3.08%
1969 15.48% -113.36%
1968 128.84% 22.84%
1967 106.00% -1030.25%
1966 1,136.25% 829.49%
1965 306.76% 197.77%
1964 108.99% -36.92%
1963 145.91% 14.51%
1962 131.40% 117.71%
1961 13.69% -25.90%
1960 39.59% -25.90%