Canada
Inflation in Canada
Inflation in Canada: 10.2% a year in 1980 and 2.1% a year in 2025, by IMF estimates.
- Latest, 2025
- 2.1% a year
- Since 1980
- −8.1 percentage points
- Rank, 2025
- 115 of 179
- counting from the highest
- Projected, 2031
- 2% a year
- IMF projection (World Economic Outlook, October 2026)
% a year · IMF
What the numbers say
- The IMF projection (World Economic Outlook, October 2026) puts it at 2% a year in 2031.
- The highest was 12.5% a year in 1981, the lowest 0.2% a year in 1994.
Every year
% a year · IMF
| Year | Canada |
|---|---|
| 2025 | 2.1 |
| 2024 | 2.4 |
| 2023 | 3.9 |
| 2022 | 6.8 |
| 2021 | 3.4 |
| 2020 | 0.7 |
| 2019 | 1.9 |
| 2018 | 2.3 |
| 2017 | 1.6 |
| 2016 | 1.4 |
| 2015 | 1.1 |
| 2014 | 1.9 |
| 2013 | 0.9 |
| 2012 | 1.5 |
| 2011 | 2.9 |
| 2010 | 1.8 |
| 2009 | 0.3 |
| 2008 | 2.4 |
| 2007 | 2.1 |
| 2006 | 2 |
| 2005 | 2.2 |
| 2004 | 1.9 |
| 2003 | 2.8 |
| 2002 | 2.3 |
| 2001 | 2.5 |
| 2000 | 2.7 |
| 1999 | 1.7 |
| 1998 | 1 |
| 1997 | 1.6 |
| 1996 | 1.6 |
| 1995 | 2.1 |
| 1994 | 0.2 |
| 1993 | 1.9 |
| 1992 | 1.5 |
| 1991 | 5.6 |
| 1990 | 4.8 |
| 1989 | 5 |
| 1988 | 4 |
| 1987 | 4.4 |
| 1986 | 4.2 |
| 1985 | 4 |
| 1984 | 4.3 |
| 1983 | 5.8 |
| 1982 | 10.8 |
| 1981 | 12.5 |
| 1980 | 10.2 |
IMF projection (World Economic Outlook, October 2026) · 2026–2031
| Year | Canada |
|---|---|
| 2026 | 2.8 |
| 2027 | 2.4 |
| 2028 | 2 |
| 2029 | 2 |
| 2030 | 2 |
| 2031 | 2 |
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 in numbers
Every measure for Canada on one page
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Military
- Military spending1.63% of GDP in 2025
- Military spending in US dollars$37.5B in 2025
- Military spending per person$939 in 2025
- Military share of state spending3.7% of government spending in 2025
- Armed forces personnel72,000 people in 2020
- National power0.81% of world capability in 2022
- Armed forces, share of workers0.35% of the labour force in 2020
- Arms imports83 million TIV in 2025
- Arms exports312 million TIV in 2025