Economic Outlook No 117 — Headline inflation in Canada
Canada: Economic Outlook No 117 — Headline inflation was 2.1 in 2026. ◆ Volatile
Economic Outlook No 117 — Headline inflation in Canada, 1993–2026
Source: Organisation for Economic Co-operation and Development.
Analysis
In 2026, economic outlook no 117 — headline inflation in Canada stood at 2.1.
Compared with earlier readings it is down 1.0% on the previous year and up 46.6% over ten years.
Over the whole period, economic outlook no 117 — headline inflation in Canada peaked at 6.78 in 2022 and was at its lowest, 0.1364, in 1994.
That places Canada 22nd out of 28 countries with data for 2026, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Economic Outlook No 117 — Headline inflation in Canada, year by year
| Year | Value | Change |
|---|---|---|
| 1993 | 1.87 | — |
| 1994 | 0.1364 | -92.7% |
| 1995 | 2.19 | +1505.0% |
| 1996 | 1.58 | -27.8% |
| 1997 | 1.61 | +2.0% |
| 1998 | 0.9868 | -38.8% |
| 1999 | 1.74 | +76.8% |
| 2000 | 2.74 | +56.9% |
| 2001 | 2.51 | -8.4% |
| 2002 | 2.28 | -9.2% |
| 2003 | 2.74 | +20.5% |
| 2004 | 1.84 | -32.8% |
| 2005 | 2.23 | +21.1% |
| 2006 | 2.02 | -9.5% |
| 2007 | 2.13 | +5.6% |
| 2008 | 2.39 | +12.0% |
| 2009 | 0.2994 | -87.4% |
| 2010 | 1.77 | +490.9% |
| 2011 | 2.89 | +63.4% |
| 2012 | 1.53 | -47.1% |
| 2013 | 0.9246 | -39.6% |
| 2014 | 1.92 | +107.7% |
| 2015 | 1.12 | -41.8% |
| 2016 | 1.44 | +28.3% |
| 2017 | 1.6 | +11.7% |
| 2018 | 2.24 | +39.9% |
| 2019 | 1.96 | -12.8% |
| 2020 | 0.7232 | -63.0% |
| 2021 | 3.4 | +370.3% |
| 2022 | 6.78 | +99.3% |
| 2023 | 3.89 | -42.7% |
| 2024 | 2.4 | -38.3% |
| 2025 | 2.13 | -11.3% |
| 2026 | 2.1 | -1.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 1.44 | 0.1364 | 2.19 | 7 |
| 2000s | 2.12 | 0.2994 | 2.74 | 10 |
| 2010s | 1.74 | 0.9246 | 2.89 | 10 |
| 2020s | 3.06 | 0.7232 | 6.78 | 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)
- GNI, Atlas method (current US$), annual growth rate 5.25 % change on previous year (2025)
- GNI, Atlas method (current US$), per unit of GDP 1.01 current US$ per US$ of GDP (2025)
- GNI, Atlas method (current US$), per capita 56,420 current US$ per person (2025)
- GNI (current US$), annual growth rate 3.93 % change on previous year (2025)
- GNI (current US$), per unit of GDP 1 current US$ per US$ of GDP (2025)
- GNI (current US$), per capita 55,759 current US$ per person (2025)
- GNI (current LCU), annual growth rate 6.12 % change on previous year (2025)
- GNI (current LCU), per unit of GDP 1.4 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is economic outlook no 117 — headline inflation in Canada?
- Economic outlook no 117 — headline inflation in Canada was 2.1 in 2026, according to Organisation for Economic Co-operation and Development.
- What is the highest economic outlook no 117 — headline inflation recorded in Canada?
- The highest recorded value was 6.78 in 2022.
- What is the lowest economic outlook no 117 — headline inflation recorded in Canada?
- The lowest recorded value was 0.1364 in 1994.
- How does Canada rank for economic outlook no 117 — headline inflation?
- Canada ranks 22nd out of 28 countries with data for 2026.
- Is economic outlook no 117 — headline inflation rising or falling in Canada?
- Over the last ten years it is up 46.6%. 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 Economic Outlook No 117 — Headline inflation. Statizoid updates them automatically from the source API.
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About this data
The OECD Economic Outlook presents the OECD’s analysis of the major global economic trends and prospects for the next two years. The Outlook puts forward a consistent set of projections for output, employment, government spending, prices and current balances based on a review of each member country and of the induced effect on each of them on international developments. OECD (2025), OECD Economic Outlook No 117 (Edition 2025/1) EO117 Database documentation EO117 Last historical points gdp inflation cpi population unemployment real gdp gdp per capita employment OECD Economic Outlook website: https://www.oecd.org/economic-outlook/ Contact : eco.outlook@oecd.org Keywords : Outlook, forecasts, forecast, GDP