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Canada Inflation (CPI)
2.4%as of 2024
Canada's inflation (cpi) stands at 2.4% as of 2024. The indicator has increased from null% in 2014 to 2.4% in 2024. Source: World Bank WDI / IMF IFS.
Historical trend (2014–2024)
Inflation (CPI) — Year by Year
| Year | Value | Change |
|---|---|---|
| 2014 | % | — |
| 2015 | 1.1% | — |
| 2016 | 1.4% | +0.3pp |
| 2017 | 1.6% | +0.2pp |
| 2018 | 2.3% | +0.7pp |
| 2019 | 1.9% | -0.4pp |
| 2020 | 0.7% | -1.2pp |
| 2021 | 3.4% | +2.7pp |
| 2022 | 6.8% | +3.4pp |
| 2023 | 3.9% | -2.9pp |
| 2024 | 2.4% | -1.5pp |
Source: World Bank WDI / IMF IFS. Data retrieved from World Bank WDI and IMF WEO databases. Values represent official estimates; may be subject to revision.