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East Asia & Pacific

Indonesia Inflation

Annual percentage change in consumer prices (CPI).

Latest Value

2.2%

As of 2024

YoY Change

-40.5%

2023 → 2024

Record High

1136.3%

Recorded in 1966

Record Low

1.6%

Recorded in 2021

10-Year Average

3.3%

2015–2024

Data Range

1960–2024

65 data points

Source

World Bank

Code: FP.CPI.TOTL.ZG

Historical Trend

19602024

Analysis

Indonesia's inflation rate of 2.18% in 2024 indicates a relatively stable economy, with price growth under control. This low inflation rate suggests that the country's monetary policy is effective in managing price pressures. The low inflation environment can support economic growth and increase consumer purchasing power.

Historical Data

ValueYoY ChangeChange %
20242.2%1.5%-40.5%
20233.7%0.5%-12.8%
20224.2%2.6%+169.8%
20211.6%0.4%-18.7%
20201.9%1.1%-36.7%
20193.0%0.2%-5.2%
20183.2%0.6%-16.0%
20173.8%0.3%+8.0%
20163.5%2.8%-44.6%
20156.4%0.0%-0.5%

Source: World Bank Open Data · 1960–2024