Inflation rate in the UK by year since 1960
Inflation rate by country in 1980
In 1980, annual inflation in the UK was 18%, ranking 4 of 20 countries. The highest was South Korea at 28.7%.
| Rank | Country | Annual inflation |
|---|---|---|
| 1 | South Korea | 28.7% |
| 2 | Italy | 21.1% |
| 3 | Ireland | 18.1% |
| 4 | UK | 18% |
| 5 | Portugal | 15.8% |
| 6 | Spain | 15.6% |
| 7 | Sweden | 13.7% |
| 8 | U.S. | 13.6% |
| 9 | France | 13.6% |
| 10 | Denmark | 12.3% |
| 11 | Finland | 11.6% |
| 12 | Norway | 10.9% |
| 13 | Canada | 10.1% |
| 14 | Australia | 10.1% |
| 15 | Japan | 7.8% |
| 16 | Belgium | 6.6% |
| 17 | Netherlands | 6.5% |
| 18 | Austria | 6.3% |
| 19 | Germany | 5.4% |
| 20 | Switzerland | 4% |