Inflation of consumer prices in Australia
Australia: Inflation of consumer prices was 2.87 in 2025. ◆ Volatile
Latest (2025)
2.87
Change on year
down 9.2%
World rank
100th
of 190 countries
All-time high
15.42
in 1974
All-time low
-0.3195
in 1962
Years of data
66
1960–2025
Inflation of consumer prices in Australia, 1960–2025
Source: Our World in Data.
Analysis
Australia recorded 2.87 for inflation of consumer prices in 2025.
Compared with earlier readings it is down 9.2% on the previous year and up 90.5% over ten years.
Over the whole period, inflation of consumer prices in Australia peaked at 15.42 in 1974 and was at its lowest, -0.3195, 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.
Inflation of consumer prices in Australia, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 3.73 | — |
| 1961 | 2.29 | -38.7% |
| 1962 | -0.3195 | -114.0% |
| 1963 | 0.641 | -300.6% |
| 1964 | 2.87 | +347.1% |
| 1965 | 3.41 | +18.8% |
| 1966 | 3.29 | -3.3% |
| 1967 | 3.48 | +5.6% |
| 1968 | 2.52 | -27.5% |
| 1969 | 3.28 | +30.1% |
| 1970 | 3.44 | +4.9% |
| 1971 | 6.14 | +78.5% |
| 1972 | 6.02 | -1.9% |
| 1973 | 9.09 | +50.9% |
| 1974 | 15.42 | +69.6% |
| 1975 | 15.16 | -1.6% |
| 1976 | 13.32 | -12.1% |
| 1977 | 12.31 | -7.6% |
| 1978 | 8 | -35.0% |
| 1979 | 9.12 | +14.0% |
| 1980 | 10.14 | +11.1% |
| 1981 | 9.49 | -6.4% |
| 1982 | 11.35 | +19.6% |
| 1983 | 10.04 | -11.6% |
| 1984 | 3.96 | -60.5% |
| 1985 | 6.73 | +70.1% |
| 1986 | 9.05 | +34.4% |
| 1987 | 8.53 | -5.7% |
| 1988 | 7.22 | -15.4% |
| 1989 | 7.53 | +4.4% |
| 1990 | 7.33 | -2.7% |
| 1991 | 3.18 | -56.7% |
| 1992 | 1.01 | -68.1% |
| 1993 | 1.75 | +73.2% |
| 1994 | 1.97 | +12.3% |
| 1995 | 4.63 | +135.0% |
| 1996 | 2.62 | -43.5% |
| 1997 | 0.2249 | -91.4% |
| 1998 | 0.8601 | +282.5% |
| 1999 | 1.48 | +72.4% |
| 2000 | 4.46 | +200.5% |
| 2001 | 4.41 | -1.1% |
| 2002 | 2.98 | -32.3% |
| 2003 | 2.73 | -8.4% |
| 2004 | 2.34 | -14.2% |
| 2005 | 2.69 | +14.9% |
| 2006 | 3.56 | +32.1% |
| 2007 | 2.33 | -34.5% |
| 2008 | 4.35 | +86.9% |
| 2009 | 1.77 | -59.3% |
| 2010 | 2.92 | +64.8% |
| 2011 | 3.3 | +13.2% |
| 2012 | 1.76 | -46.6% |
| 2013 | 2.45 | +39.0% |
| 2014 | 2.49 | +1.6% |
| 2015 | 1.51 | -39.4% |
| 2016 | 1.28 | -15.3% |
| 2017 | 1.95 | +52.6% |
| 2018 | 1.91 | -1.9% |
| 2019 | 1.61 | -15.7% |
| 2020 | 0.8469 | -47.4% |
| 2021 | 2.86 | +238.2% |
| 2022 | 6.59 | +130.2% |
| 2023 | 5.6 | -15.1% |
| 2024 | 3.17 | -43.4% |
| 2025 | 2.87 | -9.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.52 | -0.3195 | 3.73 | 10 |
| 1970s | 9.8 | 3.44 | 15.42 | 10 |
| 1980s | 8.4 | 3.96 | 11.35 | 10 |
| 1990s | 2.51 | 0.2249 | 7.33 | 10 |
| 2000s | 3.16 | 1.77 | 4.46 | 10 |
| 2010s | 2.12 | 1.28 | 3.3 | 10 |
| 2020s | 3.66 | 0.8469 | 6.59 | 6 |
Countries ranked near Australia
- 97 United States of America 2.95 compare
- 98 Equatorial Guinea 2.92 compare
- 99 Congo, Democratic Republic of the 2.89 compare
- 101 New Zealand 2.84 compare
- 102 Spain 2.7 compare
- 103 Botswana 2.66 compare
More economy & growth data for Australia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.26 Percent per annum (2029)
- Net primary income (Net income from abroad) (current LCU), annual 17.26 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 4.1 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.064 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 4,169 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 5.45 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 0.0989 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 6,441 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.4887 (2025)
Frequently asked questions
- What is inflation of consumer prices in Australia?
- Inflation of consumer prices in Australia was 2.87 in 2025, according to Our World in Data.
- What is the highest inflation of consumer prices recorded in Australia?
- The highest recorded value was 15.42 in 1974.
- What is the lowest inflation of consumer prices recorded in Australia?
- The lowest recorded value was -0.3195 in 1962.
- How does Australia rank for inflation of consumer prices?
- Australia ranks 100th out of 190 countries with data for 2025.
- Is inflation of 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 Our World in Data, published as part of Inflation of consumer prices. Statizoid updates them automatically from the source API.
Download this data
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