India - Inflation, consumer prices (annual %) 1960 - 2022
India's inflation, consumer prices (annual %) is currently 6.7%, according to the most recent World Bank data for the country (2022).
Definition
The consumer price index gauges inflation by indicating the yearly percentage shift in the expenses for an average consumer to procure a collection of goods and services, which could either remain constant or alter at specified periods like annually; typically employing the Laspeyres formula.- India's inflation, consumer prices (annual %) for 2022 was 6.699%, a 30.55% increase from 2021, with a +1 difference.
- In 2021 it was 5.131%, a -22.53% increase from 2020, with a -2 difference.
- In 2020 it was 6.623%, a 77.60% increase from 2019.
- In 2019 it was 3.73%, a -5.31% increase from 2018.
- In 2018 it was 3.939%, a 18.35% increase from 2017.
Measure: Percent
Average, Lowest, and Highest Recorded Values
The average inflation, consumer prices (annual %), value for India is currently 7.3651% (average of years with recorded data) with a lowest recorded value of -7.6339% in 1976 and a highest value of 28.5987% in 1974.
India's Inflation, consumer prices (annual %) - Historical Data
| Year | Inflation, consumer prices (annual %) | Average Growth Rate (%) |
|---|---|---|
| 1960 | 1.78% | |
| 1961 | 1.695% | -4.76% |
| 1962 | 3.632% | 114.26% |
| 1963 | 2.946% | -18.89% |
| 1964 | 13.355% | 353.31% |
| 1965 | 9.475% | -29.06% |
| 1966 | 10.802% | 14.01% |
| 1967 | 13.062% | 20.93% |
| 1968 | 3.237% | -75.22% |
| 1969 | -0.584% | -118.04% |
| 1970 | 5.092% | 971.76% |
| 1971 | 3.08% | -39.52% |
| 1972 | 6.442% | 109.16% |
| 1973 | 16.941% | 162.97% |
| 1974 | 28.599% | 68.82% |
| 1975 | 5.748% | -79.90% |
| 1976 | -7.634% | -232.80% |
| 1977 | 8.307% | 208.82% |
| 1978 | 2.523% | -69.63% |
| 1979 | 6.276% | 148.73% |
| 1980 | 11.346% | 80.79% |
| 1981 | 13.113% | 15.57% |
| 1982 | 7.891% | -39.82% |
| 1983 | 11.868% | 50.41% |
| 1984 | 8.319% | -29.91% |
| 1985 | 5.556% | -33.21% |
| 1986 | 8.73% | 57.11% |
| 1987 | 8.801% | 0.82% |
| 1988 | 9.383% | 6.62% |
| 1989 | 7.074% | -24.61% |
| 1990 | 8.971% | 26.81% |
| 1991 | 13.87% | 54.61% |
| 1992 | 11.788% | -15.01% |
| 1993 | 6.327% | -46.33% |
| 1994 | 10.248% | 61.97% |
| 1995 | 10.225% | -0.22% |
| 1996 | 8.977% | -12.20% |
| 1997 | 7.164% | -20.19% |
| 1998 | 13.231% | 84.68% |
| 1999 | 4.67% | -64.71% |
| 2000 | 4.009% | -14.14% |
| 2001 | 3.779% | -5.74% |
| 2002 | 4.297% | 13.70% |
| 2003 | 3.806% | -11.43% |
| 2004 | 3.767% | -1.01% |
| 2005 | 4.246% | 12.72% |
| 2006 | 5.797% | 36.51% |
| 2007 | 6.373% | 9.94% |
| 2008 | 8.349% | 31.01% |
| 2009 | 10.882% | 30.34% |
| 2010 | 11.989% | 10.17% |
| 2011 | 8.912% | -25.67% |
| 2012 | 9.479% | 6.36% |
| 2013 | 10.018% | 5.69% |
| 2014 | 6.666% | -33.46% |
| 2015 | 4.907% | -26.38% |
| 2016 | 4.948% | 0.84% |
| 2017 | 3.328% | -32.74% |
| 2018 | 3.939% | 18.35% |
| 2019 | 3.73% | -5.31% |
| 2020 | 6.623% | 77.60% |
| 2021 | 5.131% | -22.53% |
| 2022 | 6.699% | 30.55% |
Expand
Comparison with Countries in the South Asia Region.
Among countries in the same World Bank South Asia (SA) region, India comes in 4th with 6.699% inflation, consumer prices (annual %).
- Within the same region, Sri Lanka comes in 1st with 49.721%, inflation, consumer prices (annual %).
- Pakistan comes in 2nd with 19.874%.
- Bangladesh comes in 3rd with 7.697%.
- Bhutan comes in 5th with 5.639%.
- Nepal comes in 6th with 4.088%.
- Maldives comes in 7th with 2.333%.
- And Afghanistan comes in 8th with 2.302%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 8 Countries in the South Asia Region.
Top 8 Countries in the South Asia Region.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Sri Lanka | 49.72% | 2022 |
| 2 | Pakistan | 19.87% | 2022 |
| 3 | Bangladesh | 7.70% | 2022 |
| 4 | India | 6.70% | 2022 |
| 5 | Bhutan | 5.64% | 2022 |
| 6 | Nepal | 4.09% | 2021 |
| 7 | Maldives | 2.33% | 2022 |
| 8 | Afghanistan | 2.30% | 2019 |
Comparison with Countries in the Lower middle income Group.
Among countries in the same World Bank Lower middle income (LMI) group, India comes in 30th with 6.699% inflation, consumer prices (annual %).
- Within the same income group, Nicaragua comes in 20th with 10.467%, inflation, consumer prices (annual %).
- Senegal comes in 21st with 9.697%.
- Mauritania comes in 22nd with 9.525%.
- Algeria comes in 23rd with 9.266%.
- Honduras comes in 24th with 9.09%.
- Myanmar comes in 25th with 8.825%.
- Tunisia comes in 26th with 8.306%.
- Lesotho comes in 27th with 8.272%.
- Bangladesh comes in 28th with 7.697%.
- Kenya comes in 29th with 7.657%.
- Morocco comes in 31st with 6.657%.
- Cameroon comes in 32nd with 6.248%.
- Tajikistan comes in 33rd with 6.005%.
- Philippines comes in 34th with 5.821%.
- Bhutan comes in 35th with 5.639%.
- Solomon Islands comes in 36th with 5.518%.
- Micronesia, Fed. Sts. comes in 37th with 5.409%.
- Cambodia comes in 38th with 5.344%.
- Cote d'Ivoire comes in 39th with 5.276%.
- And Djibouti comes in 40th with 5.18%, inflation, consumer prices (annual %).
Inflation, consumer prices (annual %), Top 14 Countries in the Lower middle income Group.
Top 14 Countries in the Lower middle income Group.
| # | Country | Inflation, consumer prices (annual %) | Year |
|---|---|---|---|
| 1 | Lebanon | 154.756% | 2021 |
| 2 | Zimbabwe | 104.705% | 2022 |
| 3 | Sri Lanka | 49.721% | 2022 |
| 4 | Iran, Islamic Rep. | 43.389% | 2021 |
| 5 | Haiti | 33.984% | 2022 |
| 6 | Ghana | 31.256% | 2022 |
| 7 | Angola | 25.754% | 2021 |
| 8 | Lao PDR | 22.956% | 2022 |
| 9 | Ukraine | 20.184% | 2022 |
| 10 | Pakistan | 19.874% | 2022 |
| 11 | Nigeria | 18.847% | 2022 |
| 12 | Sao Tome and Principe | 18.006% | 2022 |
| 13 | Mongolia | 15.148% | 2022 |
| 14 | Kyrgyz Republic | 13.923% | 2022 |