Inflation, consumer prices in Australia

Australia: Inflation, consumer prices was 2.9% in 2025. ◆ Volatile

Latest (2025)
2.9%
Change on year
down 9.2%
World rank
100th
of 190 countries
All-time high
15.4%
in 1974
All-time low
-0.3%
in 1962
Years of data
66
1960–2025

Inflation, consumer prices in Australia, 1960–2025

051015196019922025

Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.

Analysis

In 2025, inflation, consumer prices in Australia stood at 2.9%.

That represents a change of down 9.2% on the previous year and up 90.5% over ten years.

Over the whole period, inflation, consumer prices in Australia peaked at 15.4% in 1974 and was at its lowest, -0.3%, in 1962.

That places Australia 100th out of 190 countries with data for 2025, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.5% -0.3% 3.7% 10
1970s 9.8% 3.4% 15.4% 10
1980s 8.4% 4.0% 11.4% 10
1990s 2.5% 0.2% 7.3% 10
2000s 3.2% 1.8% 4.5% 10
2010s 2.1% 1.3% 3.3% 10
2020s 3.7% 0.8% 6.6% 6

Countries ranked near Australia

  1. 97 United States 2.9% compare
  2. 98 Equatorial Guinea 2.9% compare
  3. 99 Democratic Republic of Congo 2.9% compare
  4. 101 New Zealand 2.8% compare
  5. 102 Spain 2.7% compare
  6. 103 Botswana 2.7% compare

See the full ranking of 238 places →

More economy & growth data for Australia

All data for Australia →

Frequently asked questions

What is inflation, consumer prices in Australia?
Inflation, consumer prices in Australia was 2.9% in 2025, according to International Financial Statistics database, International Monetary Fund (IMF).
What is the highest inflation, consumer prices recorded in Australia?
The highest recorded value was 15.4% in 1974.
What is the lowest inflation, consumer prices recorded in Australia?
The lowest recorded value was -0.3% in 1962.
How does Australia rank for inflation, consumer prices?
Australia ranks 100th out of 190 countries with data for 2025.
Is inflation, consumer prices rising or falling in Australia?
Over the last ten years it is up 90.5%. The long-run trend across the full record is volatile.
Where does this Australia data come from?
The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 66 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Inflation, consumer prices (annual %)
Unit
annual %
Source
International Financial Statistics database, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
238 places, 11,469 data points, 1960–2025
Last refreshed

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.