Contribution to year-on-year inflation by COICOP 2018 by country in Canada
Canada: Contribution to year-on-year inflation by COICOP 2018 by country was 2.91 Percentage points in 2026. ◆ Volatile
Contribution to year-on-year inflation by COICOP 2018 by country in Canada, 2016–2026
Source: Organisation for Economic Co-operation and Development. Measured in Percentage points.
Analysis
Canada recorded 2.91 Percentage points for contribution to year-on-year inflation by coicop 2018 by country in 2026.
Compared with earlier readings it is up 15.3% on the previous year and up 95.1% over ten years.
Over the whole period, contribution to year-on-year inflation by coicop 2018 by country in Canada peaked at 6.27 Percentage points in 2022 and was at its lowest, 0.7498 Percentage points, in 2020.
The series is highly variable year to year, so single readings are best treated with caution.
Contribution to year-on-year inflation by COICOP 2018 by country in Canada, year by year
| Year | Percentage points | Change |
|---|---|---|
| 2016 | 1.49 Percentage points | — |
| 2017 | 1.9 Percentage points | +27.9% |
| 2018 | 2.01 Percentage points | +5.7% |
| 2019 | 2.23 Percentage points | +10.9% |
| 2020 | 0.7498 Percentage points | -66.4% |
| 2021 | 4.82 Percentage points | +542.7% |
| 2022 | 6.27 Percentage points | +30.1% |
| 2023 | 3.43 Percentage points | -45.3% |
| 2024 | 1.85 Percentage points | -46.0% |
| 2025 | 2.52 Percentage points | +36.2% |
| 2026 | 2.91 Percentage points | +15.3% |
Canada compared with similar countries
- Canada's 2.91 Percentage points is above the median for high income countries, which is 2.81 Percentage points, 1.0× the median. (18 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.91 Percentage points | 1.49 Percentage points | 2.23 Percentage points | 4 |
| 2020s | 3.22 Percentage points | 0.7498 Percentage points | 6.27 Percentage points | 7 |
Countries ranked near Canada
More economy & growth data for Canada
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 0.8812 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.66 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 57.17 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0246 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,373 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 69.03 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.48 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0298 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,657 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 4.88 % change on previous year (2025)
Frequently asked questions
- What is contribution to year-on-year inflation by coicop 2018 by country in Canada?
- Contribution to year-on-year inflation by coicop 2018 by country in Canada was 2.91 Percentage points in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest contribution to year-on-year inflation by coicop 2018 by country recorded in Canada?
- The highest recorded value was 6.27 Percentage points in 2022.
- What is the lowest contribution to year-on-year inflation by coicop 2018 by country recorded in Canada?
- The lowest recorded value was 0.7498 Percentage points in 2020.
- How does Canada rank for contribution to year-on-year inflation by coicop 2018 by country?
- Canada ranks 9th out of 18 countries with data for 2026.
- Is contribution to year-on-year inflation by coicop 2018 by country rising or falling in Canada?
- Over the last ten years it is up 95.1%. The long-run trend across the full record is volatile.
- Where does this Canada data come from?
- The figures come from Organisation for Economic Co-operation and Development, published as part of Contribution to year-on-year inflation by COICOP 2018 by country — Consumer price index. Statizoid updates them automatically from the source API.
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About this data
This dataset contains statistics on contributions to national year-on-year inflation by COICOP 2018 divisions. Contributions show how much each of the COICOP Divisions contributes to the annual inflation. All data are calculated by the OECD following the Ribe formula. For countries for which data are not yet available according to the COICOP 2018 classification, contributions can be found in dataset Contribution to year-on-year inflation by COICOP 1999 by country.