U.S. Inflation By Year
The U.S. inflation rate is based on the Bureau of Labor Statistics' Consumer Price Index (CPI). This page contains a history of the yearly inflation since the inception of the CPI in 1913. If you'd like to convert prices from one year to another year or compare purchasing power, you should use our inflation calculator.
The current annual inflation rate is 2.74%. The current inflation rate is determined by the Bureau of Labor Statistics roughly every month, although its report is delayed as they collect the necessary information in order to determine inflation.
Inflation Chart, 1914-2024
Values went from 1.32 in 1914 to 2.74 in 2024.
This graph displays annual inflation values. Values for the current year are not yet accurate. For monthly inflation values, have a look at 12-month trailing inflation rate.
Inflation Table, 1914-2024 (Yearly)
This table displays the annual U.S. inflation rate by year.
| Year | Inflation | Change | Year-over-year (%) |
|---|---|---|---|
| 2024 | 2.74 | -1.37 | -33.39 |
| 2023 | 4.12 | -3.89 | -48.56 |
| 2022 | 8 | 3.30 | 70.35 |
| 2021 | 4.70 | 3.46 | 280.83 |
| 2020 | 1.23 | -0.58 | -31.93 |
| 2019 | 1.81 | -0.63 | -25.81 |
| 2018 | 2.44 | 0.31 | 14.67 |
| 2017 | 2.13 | 0.87 | 68.85 |
| 2016 | 1.26 | 1.14 | 963.43 |
| 2015 | 0.12 | -1.50 | -92.69 |
| 2014 | 1.62 | 0.16 | 10.74 |
| 2013 | 1.46 | -0.60 | -29.21 |
| 2012 | 2.07 | -1.09 | -34.45 |
| 2011 | 3.16 | 1.52 | 92.48 |
| 2010 | 1.64 | 2 | -561.26 |
| 2009 | -0.36 | -4.19 | -109.26 |
| 2008 | 3.84 | 0.99 | 34.60 |
| 2007 | 2.85 | -0.37 | -11.58 |
| 2006 | 3.23 | -0.17 | -4.91 |
| 2005 | 3.39 | 0.72 | 26.76 |
| 2004 | 2.68 | 0.41 | 17.85 |
| 2003 | 2.27 | 0.69 | 43.21 |
| 2002 | 1.59 | -1.24 | -43.92 |
| 2001 | 2.83 | -0.55 | -16.23 |
| 2000 | 3.38 | 1.19 | 54.17 |
| 1999 | 2.19 | 0.64 | 41.02 |
| 1998 | 1.55 | -0.78 | -33.49 |
| 1997 | 2.33 | -0.60 | -20.41 |
| 1996 | 2.93 | 0.13 | 4.46 |
| 1995 | 2.81 | 0.20 | 7.83 |
| 1994 | 2.60 | -0.35 | -11.88 |
| 1993 | 2.95 | -0.07 | -2.40 |
| 1992 | 3.03 | -1.21 | -28.48 |
| 1991 | 4.23 | -1.17 | -21.59 |
| 1990 | 5.40 | 0.57 | 11.85 |
| 1989 | 4.83 | 0.74 | 18.23 |
| 1988 | 4.08 | 0.42 | 11.43 |
| 1987 | 3.66 | 1.77 | 93.32 |
| 1986 | 1.90 | -1.65 | -46.57 |
| 1985 | 3.55 | -0.75 | -17.55 |
| 1984 | 4.30 | 1.09 | 33.91 |
| 1983 | 3.21 | -2.92 | -47.63 |
| 1982 | 6.13 | -4.20 | -40.64 |
| 1981 | 10.33 | -3.21 | -23.71 |
| 1980 | 13.55 | 2.28 | 20.28 |
| 1979 | 11.26 | 3.63 | 47.64 |
| 1978 | 7.63 | 1.13 | 17.32 |
| 1977 | 6.50 | 0.76 | 13.15 |
| 1976 | 5.75 | -3.40 | -37.15 |
| 1975 | 9.14 | -1.91 | -17.29 |
| 1974 | 11.05 | 4.87 | 78.83 |
| 1973 | 6.18 | 2.91 | 89.17 |
| 1972 | 3.27 | -1.03 | -24 |
| 1971 | 4.30 | -1.53 | -26.24 |
| 1970 | 5.83 | 0.37 | 6.72 |
| 1969 | 5.46 | 1.20 | 28.05 |
| 1968 | 4.27 | 1.47 | 52.51 |
| 1967 | 2.80 | -0.21 | -6.86 |
| 1966 | 3 | 1.42 | 89.18 |
| 1965 | 1.59 | 0.31 | 23.90 |
| 1964 | 1.28 | 0.03 | 2.80 |
| 1963 | 1.25 | 0.06 | 5.28 |
| 1962 | 1.18 | 0.12 | 11.01 |
| 1961 | 1.07 | -0.41 | -27.85 |
| 1960 | 1.48 | 0.49 | 49.87 |
| 1959 | 0.99 | -1.75 | -63.99 |
| 1958 | 2.74 | -0.60 | -17.99 |
| 1957 | 3.34 | 1.82 | 119.30 |
| 1956 | 1.52 | 1.81 | -631.52 |
| 1955 | -0.29 | -0.63 | -183.05 |
| 1954 | 0.34 | -0.47 | -57.49 |
| 1953 | 0.81 | -1.44 | -63.97 |
| 1952 | 2.25 | -5.61 | -71.36 |
| 1951 | 7.86 | 6.76 | 615.67 |
| 1950 | 1.10 | 2.09 | -210.78 |
| 1949 | -0.99 | -8.71 | -112.85 |
| 1948 | 7.72 | -6.67 | -46.35 |
| 1947 | 14.39 | 5.92 | 69.96 |
| 1946 | 8.47 | 6.19 | 272.30 |
| 1945 | 2.27 | 0.63 | 38.27 |
| 1944 | 1.64 | -4.34 | -72.51 |
| 1943 | 5.98 | -4.94 | -45.22 |
| 1942 | 10.92 | 5.81 | 113.81 |
| 1941 | 5.11 | 4.39 | 610.28 |
| 1940 | 0.72 | 2.03 | -154.89 |
| 1939 | -1.31 | 0.72 | -35.53 |
| 1938 | -2.03 | -5.75 | -154.68 |
| 1937 | 3.72 | 2.65 | 248.92 |
| 1936 | 1.07 | -1.46 | -57.88 |
| 1935 | 2.53 | -0.92 | -26.67 |
| 1934 | 3.45 | 8.63 | -166.49 |
| 1933 | -5.19 | 5.08 | -49.49 |
| 1932 | -10.27 | -1.33 | 14.91 |
| 1931 | -8.94 | -6.29 | 237.75 |
| 1930 | -2.65 | -2.65 | NaN |
| 1929 | 0 | 1.20 | -100 |
| 1928 | -1.20 | 0.72 | -37.44 |
| 1927 | -1.91 | -2.83 | -307.61 |
| 1926 | 0.92 | -1.50 | -62.03 |
| 1925 | 2.43 | 2.02 | 497.57 |
| 1924 | 0.41 | -1.38 | -77.33 |
| 1923 | 1.79 | 7.95 | -129.06 |
| 1922 | -6.16 | 4.74 | -43.49 |
| 1921 | -10.90 | -26.53 | -169.78 |
| 1920 | 15.62 | 0.44 | 2.89 |
| 1919 | 15.18 | -2.15 | -12.42 |
| 1918 | 17.34 | -0.47 | -2.65 |
| 1917 | 17.81 | 10.12 | 131.70 |
| 1916 | 7.69 | 6.76 | 733.98 |
| 1915 | 0.92 | -0.40 | -30.33 |
| 1914 | 1.32 | 0 | 0 |
