Canada — Inflation
Inflation, Consumer Prices (Annual %) for Canada, 1960–2025.
Latest value · 2025
2.07%
Inflation, Consumer Prices (Annual %) · annual % · +52.5% since 1960
Inflation for Canada was 2.07% in 2025, according to the latest World Bank data. The series covers 66 years, from 1960 to 2025. The highest recorded value was 12.47% in 1981. The lowest was 0.17% in 1994 (about 12.5× the low point). Across that span the compound annual growth rate works out to 0.65% per year.
Canada ranks 129 of 187 economies on this measure (1 = highest), putting it in the top 69%. The median for North America is 2.95%, so Canada sits below it. It peaked in 1981 and has fallen 83% since. Over the last decade (2015–2025) the figure moved up 84%.
Key figures
Latest (2025)
2.07%
First (1960)
1.36%
Change
+52.5%
Highest
12.47%
in 1981
Lowest
0.17%
in 1994
Average
3.70%
Annual growth (CAGR)
0.65%
Years of data
66
Recent years
| Year | annual % |
|---|---|
| 2025 | 2.07% |
| 2024 | 2.38% |
| 2023 | 3.88% |
| 2022 | 6.8% |
| 2021 | 3.4% |
| 2020 | 0.72% |
| 2019 | 1.95% |
| 2018 | 2.27% |
| 2017 | 1.6% |
| 2016 | 1.43% |
| 2015 | 1.13% |
| 2014 | 1.91% |
Reading this correctly. Annual percentage change in the cost to the average consumer of acquiring a basket of goods and services. A negative value means deflation. Figures are in annual %. Comparing this series with a different measure of the same concept (for example a nominal figure against a purchasing-power-parity figure) will give misleading results.
Related data
Source. World Bank Open Data, indicator
FP.CPI.TOTL.ZG — Inflation, Consumer Prices (Annual %). Data licensed under CC BY 4.0. Values are reproduced as published; this page computes the summary statistics (change, CAGR, extremes) from the underlying annual series. View the original dataset on data.worldbank.org.