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Japan — Inflation

Inflation, Consumer Prices (Annual %) for Japan, 1960–2025.

Latest value · 2025
3.17%
Inflation, Consumer Prices (Annual %) · annual % · -11.2% since 1960

Inflation for Japan was 3.17% in 2025, according to the latest World Bank data. The series covers 66 years, from 1960 to 2025. The highest recorded value was 23.22% in 1974. The lowest was -1.35% in 2009 (about -2.3× the low point). Across that span the compound annual growth rate works out to -0.18% per year.

Japan ranks 93 of 187 economies on this measure (1 = highest), putting it in the top 50%. The median for East Asia & Pacific is 2.21%, so Japan sits above it. It peaked in 1974 and has fallen 86% since. Over the last decade (2015–2025) the figure moved up 299%.

Key figures

Latest (2025)
3.17%
First (1960)
3.57%
Change
-11.2%
Highest
23.22%
in 1974
Lowest
-1.35%
in 2009
Average
2.93%
Annual growth (CAGR)
-0.18%
Years of data
66

Recent years

Yearannual %
20253.17%
20242.74%
20233.27%
20222.5%
2021-0.23%
2020-0.02%
20190.47%
20180.99%
20170.48%
2016-0.13%
20150.8%
20142.76%
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.