Annual Inflation Visualization (India)

Source: World Bank (1961-2023)

7.07% Historical average
17.83% Maximum recorded
-1.65% Minimum recorded
63 Years of data

Historical Inflation Calculator for India

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

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 India

Year Inflation (%) Change
2023 1.33% -5.41pp
2022 6.75% -1.61pp
2021 8.35% +3.54pp
2020 4.81% +2.41pp
2019 2.41% -1.48pp
2018 3.88% -0.09pp
2017 3.97% +0.73pp
2016 3.24% +0.96pp
2015 2.28% -1.05pp
2014 3.33% -2.85pp
2013 6.19% -1.75pp
2012 7.93% -0.80pp
2011 8.73% -1.79pp
2010 10.53% +3.49pp
2009 7.04% -2.15pp
2008 9.19% +2.25pp
2007 6.94% -1.46pp
2006 8.40% +2.78pp
2005 5.62% -0.10pp
2004 5.73% +1.86pp
2003 3.87% +0.15pp
2002 3.72% +0.50pp
2001 3.22% -0.43pp
2000 3.65% +0.58pp
1999 3.07% -4.94pp
1998 8.01% +1.53pp
1997 6.48% -1.10pp
1996 7.58% -1.49pp
1995 9.06% -0.92pp
1994 9.98% +0.12pp
1993 9.86% +0.90pp
1992 8.97% -4.79pp
1991 13.75% +3.08pp
1990 10.67% +2.23pp
1989 8.44% +0.20pp
1988 8.23% -1.10pp
1987 9.33% +2.54pp
1986 6.79% -0.40pp
1985 7.19% -0.73pp
1984 7.92% -0.63pp
1983 8.55% +0.46pp
1982 8.10% -2.73pp
1981 10.83% -0.68pp
1980 11.51% -4.22pp
1979 15.73% +13.27pp
1978 2.46% -3.18pp
1977 5.64% -0.34pp
1976 5.98% +7.63pp
1975 -1.65% -18.32pp
1974 16.67% -1.16pp
1973 17.83% +6.99pp
1972 10.84% +5.51pp
1971 5.32% +3.76pp
1970 1.56% -1.78pp
1969 3.34% +0.93pp
1968 2.42% -6.20pp
1967 8.62% -4.65pp
1966 13.27% +4.97pp
1965 8.30% -0.25pp
1964 8.55% +0.20pp
1963 8.35% +3.95pp
1962 4.41% +2.26pp
1961 2.15% -

About India inflation

India 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 India 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 India 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 India?
According to the latest available World Bank data, India inflation in 2023 was 1.33%. This inflation rate represents the annual percentage change in the consumer price index (CPI).
How to calculate cumulative inflation in India?
To calculate cumulative inflation in India, 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 India?
You can check India's historical inflation in the chart and table on this page. The data shows the evolution of the annual inflation rate from 1961 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 India.
What is the historical average inflation in India?
The historical average inflation in India 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 1961-2023.
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 India inflation data is based on the official CPI.