Inflation rate in Canada by year since 1960

Name: Inflation rate in Canada by year since 1960
Creator: OECD

Annual inflation in Canada was 2.1% in 2025. Since 1960 it peaked at 12.5% in 1981; the lowest year was 1994 at 0.2%.

Average by decade

Decade	Average
1960s (9)	2.7%
1970s	7.4%
1980s	6.5%
1990s	2.2%
2000s	2.1%
2010s	1.7%
2020s (6)	3.2%

Year by year

Year	Annual inflation
2025	2.1%
2024	2.4%
2023	3.9%
2022	6.8%
2021	3.4%
2020	0.7%
2019	1.9%
2018	2.3%
2017	1.6%
2016	1.4%
2015	1.1%
2014	1.9%
2013	0.9%
2012	1.5%
2011	2.9%
2010	1.8%
2009	0.3%
2008	2.4%
2007	2.1%
2006	2%
2005	2.2%
2004	1.9%
2003	2.8%
2002	2.3%
2001	2.5%
2000	2.7%
1999	1.7%
1998	1%
1997	1.6%
1996	1.6%
1995	2.1%
1994	0.2%
1993	1.9%
1992	1.5%
1991	5.6%
1990	4.8%
1989	5%
1988	4%
1987	4.4%
1986	4.2%
1985	4%
1984	4.3%
1983	5.9%
1982	10.8%
1981	12.5%
1980	10.1%
1979	9.2%
1978	9%
1977	8%
1976	7.6%
1975	10.6%
1974	11%
1973	7.5%
1972	5%
1971	2.7%
1970	3.3%
1969	4.6%
1968	4.1%
1967	3.6%
1966	3.8%
1965	2.4%
1964	1.9%
1963	1.6%
1962	1.1%
1961	1%

Compare countries by year

Annual inflation = average consumer price index for the year ÷ the previous year’s average − 1. Source: OECD annual consumer price indexes; the most recent years for the U.S. and Japan are extended with national indexes (BLS, Statistics Bureau of Japan). Monthly 12-month rates published by national agencies can differ.

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