Inflation rate in Australia by year since 1960
Inflation rate by country in 2020
In 2020, annual inflation in Australia was 0.8%, ranking 7 of 21 countries. The highest was Poland at 3.4%.
| Rank | Country | Annual inflation |
|---|---|---|
| 1 | Poland | 3.4% |
| 2 | Austria | 1.4% |
| 3 | Netherlands | 1.3% |
| 4 | Norway | 1.3% |
| 5 | U.S. | 1.2% |
| 6 | UK | 1% |
| 7 | Australia | 0.8% |
| 8 | Canada | 0.7% |
| 9 | Belgium | 0.7% |
| 10 | South Korea | 0.5% |
| 11 | France | 0.5% |
| 12 | Sweden | 0.5% |
| 13 | Denmark | 0.4% |
| 14 | Finland | 0.3% |
| 15 | Germany | 0.1% |
| 16 | Japan | 0% |
| 17 | Portugal | 0% |
| 18 | Italy | -0.1% |
| 19 | Spain | -0.3% |
| 20 | Ireland | -0.3% |
| 21 | Switzerland | -0.7% |