Canada vs Ethiopia: Inflation

Inflation: 2.1% a year in Canada in 2025 and 26.6% a year in Ethiopia in 2024, by IMF estimates. In 2024 the value was higher in Ethiopia, by 24.2 percentage points, or 11 times that in Canada.

Watch it change on the map

% a year · IMF

CanadaEthiopiaIMF projection (World Economic Outlook, October 2026)

What the numbers say

Ethiopia has been higher since 2003, when it overtook Canada.
The IMF projection (World Economic Outlook, October 2026) puts Canada at 2% a year and Ethiopia at 6.7% a year in 2031.

Every year

% a year · IMF

Year	Canada	Ethiopia
2025	2.1	16
2024	2.4	26.6
2023	3.9	32.5
2022	6.8	33.9
2021	3.4	20.2
2020	0.7	19.9
2019	1.9	12.6
2018	2.3	14.5
2017	1.6	6.9
2016	1.4	9.7
2015	1.1	7.7
2014	1.9	8.1
2013	0.9	13.5
2012	1.5	34.1
2011	2.9	18.1
2010	1.8	2.8
2009	0.3	36.4
2008	2.4	25.3
2007	2.1	15.8
2006	2	12.3
2005	2.2	6.8
2004	1.9	8.6
2003	2.8	15.1
2002	2.3	-7.2
2001	2.5	-5.2
2000	2.7	6.2
1999	1.7	4.8
1998	1	3.6
1997	1.6	-6.4
1996	1.6	0.9
1995	2.1	13.4
1994	0.2	1.2
1993	1.9	10
1992	1.5	21
1991	5.6	20.9
1990	4.8	5.2
1989	5	9.6
1988	4	2.2
1987	4.4	-9.1
1986	4.2	5.6
1985	4	18.4
1984	4.3	-0.3
1983	5.8	3.6
1982	10.8	7.8
1981	12.5	–
1980	10.2	–

12.3Projected

IMF projection (World Economic Outlook, October 2026) · 2026–2031

Year	Canada	Ethiopia
2026	2.8	11.7
2027	2.4	12.3
2028	2	9.2
2029	2	7.8
2030	2	6.8
2031	2	6.7

Each country on its own

Good to know

How much consumer prices rose in a year, on average.
Source: IMF, World Economic Outlook, October 2026.
The dashed line is the IMF projection (World Economic Outlook, October 2026), a scenario rather than a forecast.
Ranks count the 179 countries with a value in 2025, highest first.

How the layers work, where their data comes from and what they can’t tell you: Countries through time

Canada vs Ethiopia: Inflation

What the numbers say

Every year

Each country on its own

Good to know

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