Annual Inflation Visualization (Dominica)

Source: World Bank (1978-2023)

3.82% Historical average
17.96% Maximum recorded
-3.12% Minimum recorded
46 Years of data

Historical Inflation Calculator for Dominica

Calculate how the value of money has changed between two specific years in Dominica.

Future Value Estimation

Estimate how the value of an amount of money will change in the future, given an average inflation rate.

Past Value Estimation

Estimate what the equivalent value of an amount of money would have been in the past, given an average inflation rate.

Historical inflation data for Dominica

Year Inflation (%) Change
2023 2.87% -0.70pp
2022 3.56% +0.54pp
2021 3.03% +4.16pp
2020 -1.13% -5.62pp
2019 4.48% +1.76pp
2018 2.72% +5.80pp
2017 -3.07% -6.77pp
2016 3.70% -3.12pp
2015 6.82% +7.12pp
2014 -0.30% -3.86pp
2013 3.57% +5.53pp
2012 -1.96% -3.65pp
2011 1.69% +1.39pp
2010 0.30% -7.71pp
2009 8.00% +6.50pp
2008 1.51% -0.02pp
2007 1.52% -0.84pp
2006 2.37% +3.82pp
2005 -1.45% -5.24pp
2004 3.79% +6.91pp
2003 -3.12% -3.91pp
2002 0.79% -1.29pp
2001 2.08% +3.87pp
2000 -1.78% -4.32pp
1999 2.54% -0.00pp
1998 2.54% +1.10pp
1997 1.44% -1.82pp
1996 3.26% +2.48pp
1995 0.78% -6.86pp
1994 7.64% +4.96pp
1993 2.68% -1.71pp
1992 4.39% -3.26pp
1991 7.65% +4.44pp
1990 3.21% -5.20pp
1989 8.41% +3.91pp
1988 4.50% -1.20pp
1987 5.69% +0.05pp
1986 5.64% -2.29pp
1985 7.93% +1.76pp
1984 6.18% -1.28pp
1983 7.46% +2.74pp
1982 4.71% +2.96pp
1981 1.76% -14.95pp
1980 16.71% -1.25pp
1979 17.96% +5.29pp
1978 12.67% -

About Dominica inflation

Dominica inflation measures the annual percentage change in the general level of consumer prices. This indicator is essential to understand how the purchasing power of money varies over time. Our Dominica inflation calculator allows you to visualize these changes and calculate monetary equivalences between different years.

What is inflation?

Inflation is the sustained and generalized increase in the price level of goods and services in an economy over a period of time. When inflation rises, each monetary unit buys fewer products. The inflation rate is generally measured by the Consumer Price Index (CPI), which reflects changes in the cost of a representative basket of goods and services.

How to use this inflation calculator?

Our Dominica inflation calculator offers three tools: 1) Historical calculator: enter a value and select two years to see how purchasing power has changed. 2) Future value: estimate what your money will be worth in the future with a projected inflation rate. 3) Past value: calculate the equivalent of a current amount in the past.

Data provided by the World Bank (World Bank Open Data). Data is updated annually.

Frequently Asked Questions

What is the current inflation in Dominica?
According to the latest available World Bank data, Dominica inflation in 2023 was 2.87%. This inflation rate represents the annual percentage change in the consumer price index (CPI).
How to calculate cumulative inflation in Dominica?
To calculate cumulative inflation in Dominica, use our historical calculator. Enter an initial value, select the start year and end year. The calculator will multiply the value by each year's inflation factors to give you the equivalent value and total cumulative inflation in percentage.
What was the highest inflation recorded in Dominica?
You can check Dominica's historical inflation in the chart and table on this page. The data shows the evolution of the annual inflation rate from 1978 to 2023, allowing you to identify periods of highest and lowest inflation.
How does inflation affect purchasing power?
Inflation reduces the purchasing power of money over time. For example, if inflation is 3% per year, what costs $100 today will cost $103 next year. Our inflation calculator helps you visualize exactly how much the real value of your money has changed in Dominica.
What is the historical average inflation in Dominica?
The historical average inflation in Dominica can be calculated with the data on this page. Check the statistics in the chart section where we show the historical average, as well as the maximum and minimum values recorded during the period 1978-2023.
What is the CPI and how does it relate to inflation?
The CPI (Consumer Price Index) is an indicator that measures the price variation of a basket of goods and services representative of household consumption. The inflation rate is calculated as the percentage change in the CPI between two periods. Our Dominica inflation data is based on the official CPI.