Hong Kong Inflation Rate 1982-2024

Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
  • Hong Kong inflation rate for 2022 was 1.88%, a 0.31% increase from 2021.
  • Hong Kong inflation rate for 2021 was 1.57%, a 1.32% increase from 2020.
  • Hong Kong inflation rate for 2020 was 0.25%, a 2.63% decline from 2019.
  • Hong Kong inflation rate for 2019 was 2.88%, a 0.48% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Inflation Rate (%)
Lithuania 19.71%
Estonia 19.40%
Latvia 17.31%
Czech Republic 15.10%
Hungary 14.61%
Poland 14.43%
Slovak Republic 12.77%
Palau 12.35%
Chile 11.64%
Croatia 10.78%
Netherlands 10.00%
Greece 9.65%
Belgium 9.60%
Uruguay 9.10%
Slovenia 8.83%
Austria 8.55%
Cyprus 8.40%
Spain 8.39%
Sweden 8.37%
Iceland 8.31%
Italy 8.20%
United States 8.00%
United Kingdom 7.92%
Portugal 7.83%
Ireland 7.81%
Denmark 7.70%
Antigua and Barbuda 7.53%
New Zealand 7.17%
Finland 7.12%
Germany 6.87%
Canada 6.80%
Australia 6.59%
Luxembourg 6.34%
Malta 6.15%
Singapore 6.12%
Norway 5.76%
Bahamas 5.61%
France 5.22%
South Korea 5.09%
Qatar 5.00%
UAE 4.83%
Israel 4.39%
Brunei 3.68%
Bahrain 3.63%
Panama 2.86%
Switzerland 2.84%
Oman 2.81%
St. Kitts and Nevis 2.67%
Japan 2.50%
Saudi Arabia 2.47%
Hong Kong 1.88%
Macao 1.05%
Hong Kong Inflation Rate - Historical Data
Year Inflation Rate (%) Annual Change
2022 1.88% 0.31%
2021 1.57% 1.32%
2020 0.25% -2.63%
2019 2.88% 0.48%
2018 2.41% 0.91%
2017 1.49% -0.92%
2016 2.41% -0.58%
2015 2.99% -1.43%
2014 4.42% 0.09%
2013 4.34% 0.28%
2012 4.05% -1.25%
2011 5.31% 3.01%
2010 2.29% 1.71%
2009 0.58% -3.72%
2008 4.30% 2.27%
2007 2.04% 0.03%
2006 2.00% 1.17%
2005 0.83% 1.10%
2004 -0.27% 2.40%
2003 -2.67% 0.31%
2002 -2.98% -1.32%
2001 -1.66% 2.03%
2000 -3.69% 0.32%
1999 -4.01% -6.92%
1998 2.91% -2.86%
1997 5.78% -0.50%
1996 6.28% -2.80%
1995 9.08% 0.34%
1994 8.74% -0.06%
1993 8.80% -0.85%
1992 9.65% -1.51%
1991 11.16% 0.73%
1990 10.43% 0.24%
1989 10.18% 2.30%
1988 7.89% 2.23%
1987 5.65% 2.27%
1986 3.38% -0.12%
1985 3.50% -5.15%
1984 8.65% -1.24%
1983 9.89% -1.08%
1982 10.97% -1.08%