VernumoEveryday economics from official statistics

Inflation rate in the U.S. by year since 1960

Inflation rate by country in 2020

In 2020, annual inflation in the U.S. was 1.2%, ranking 5 of 21 countries. The highest was Poland at 3.4%.

RankCountryAnnual inflation
1Poland3.4%
2Austria1.4%
3Netherlands1.3%
4Norway1.3%
5U.S.1.2%
6UK1%
7Australia0.8%
8Canada0.7%
9Belgium0.7%
10South Korea0.5%
11France0.5%
12Sweden0.5%
13Denmark0.4%
14Finland0.3%
15Germany0.1%
16Japan0%
17Portugal0%
18Italy-0.1%
19Spain-0.3%
20Ireland-0.3%
21Switzerland-0.7%

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.

Inflation calculator