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Cost of moneyAustralia

Inflation rate in Australia

How fast are prices rising where I live — or where I might?

Australia's inflation rate is 2.87 % — #30 of 123 countries on the atlas (closer to 2 % is better). Period 2025.

2.87%

Checked 8 Sept 2026Period 2025

Source: Annual CPI inflation (shared satsatlas data engine: World Bank + Eurostat + SSB)

At 2.9 % a year, prices double in about 25 years if it holds.

Among 123 countries

22 of 123 countries between -0.30 % and 1.11 %30 of 123 countries between 1.11 % and 2.52 %29 of 123 countries between 2.52 % and 3.93 %13 of 123 countries between 3.93 % and 5.34 %4 of 123 countries between 5.34 % and 6.75 %3 of 123 countries between 6.75 % and 8.16 %6 of 123 countries between 8.16 % and 9.57 %1 of 123 countries between 10.98 % and 12.39 %2 of 123 countries between 12.39 % and 13.80 %4 of 123 countries between 13.80 % and 15.21 %2 of 123 countries between 19.45 % and 20.86 %1 of 123 countries between 22.27 % and 23.68 %2 of 123 countries between 27.91 % and 29.32 %4 of 123 countries between 32.14 % and 33.55 %median 3.21 %Australia: ahead of 76 % of the 123 countries with a published inflationAustralia 2.87 %-0.30 %33.55 %
Half of all 123 countries sit between 1.66 % and 5.02 %. Australia is ahead of 76 % of them. Axis trimmed to the 2nd–98th percentile; 5 values beyond it sit in the end bars.
Rank
#30 of 123
closer to 2 % is better
Ranked behind
76 %
93 of 123 countries

vs median 3.21 %: −0.34 pp (better)

The doubling clock

At Australia's current 2.87 % — prices double in~24 yrsAt the ~2 % target — prices double in~35 yrs
Exact compounding (ln 2 ÷ ln(1 + rate)), not the rule-of-72 shortcut — and an if-it-holds projection, not a forecast: the clock is reset by every new inflation reading. The target line is the context — most central banks aim near 2 %, where prices double about once a working life.

The neighbourhood

#CountryInflationvs Australia
28 Guatemala1.49 %−1.38 pp
29 New Zealand2.84 %−0.03 pp
30 Australia2.87 %—
31 Hong Kong1.44 %−1.43 pp
32 Algeria1.42 %−1.45 pp

Annual CPI inflation from official statistics (World Bank, Eurostat, SSB). Ranked and coloured by distance from the ~2 % target most central banks aim for — deflation is not "winning".

How to read this figure

Annual change in the consumer price index — how much more the same basket costs than a year ago. Derived from official index levels (World Bank collection); one number for the whole country, so your personal basket may run hotter or colder. Ranked and coloured by distance from the ~2 % target most central banks aim for: deflation is a warning sign, not a win, so the greenest countries sit NEAR the target — not at the lowest number.

Next, about Australia

Money's valuePrice levelReal policy rateAverage monthly salary
Inflation rate, all countries ranked →Compare Australia with another country →Everything about Australia →
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