Average inflation measured by CPI rose 34.0% to 1.66% in Japan in 2020, according to the National Statistical Office.
Historically, average inflation measured by CPI in Japan reached an all time high of 1.66% in 2020 and an all time low of -0.014% in 2009. When compared to Japan's main peers, average inflation measured by CPI in China amounted to 2.65%, 4.80% in Russia, 2.00% in South Korea and 2.30% in USA in 2020.
Japan has been ranked 159th within the group of 171 countries we follow in terms of average inflation measured by CPI, 10 places above the position seen 10 years ago.
| Inflation, CPI (Average) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Canada | % | 0.016% | 0.023% | 0.019% | 2.10% | 2.11% | ||||||||||||||||
| China | % | 0.016% | 0.021% | 0.029% | 2.65% | 2.80% | ||||||||||||||||
| Dem. People's Republic of Korea | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| Germany | % | 0.015% | 0.017% | 0.014% | 2.08% | 2.29% | ||||||||||||||||
| India | % | 0.025% | 0.049% | 0.077% | 4.57% | 4.26% | ||||||||||||||||
| Japan | % | 0.005% | 0.010% | 0.005% | 1.66% | 1.05% | ||||||||||||||||
| Mexico | % | 0.060% | 0.049% | 0.036% | 3.01% | 3.00% | ||||||||||||||||
| Russia | % | 0.037% | 0.029% | 0.045% | 4.80% | 4.80% | ||||||||||||||||
| South Korea | % | 0.019% | 0.015% | 0.004% | 2.00% | 2.00% | ||||||||||||||||
| USA | % | 0.021% | 0.024% | 0.018% | 2.30% | 2.19% | ||||||||||||||||
| Vietnam | % | 0.035% | 0.035% | 0.028% | 4.00% | 4.00% |
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