VernumoEveryday economics from official statistics

Inflation rate in Canada by year since 1960

Inflation rate by country in 2025

In 2025, annual inflation in Canada was 2.1%, ranking 14 of 21 countries. The highest was UK at 3.8%.

RankCountryAnnual inflation
1UK3.8%
2Poland3.8%
3Austria3.5%
4Netherlands3.3%
5Japan3.2%
6Norway3.1%
7Australia2.9%
8Spain2.7%
9U.S.2.6%
10Belgium2.5%
11Portugal2.3%
12Germany2.2%
13Ireland2.2%
14Canada2.1%
15South Korea2.1%
16Denmark1.9%
17Italy1.5%
18France0.9%
19Sweden0.7%
20Finland0.3%
21Switzerland0.2%

Other years

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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