Indonesia Inflation Rate

Last updated: 2024-01-19

Annual inflation

2.62%

YoY ending in Dec 2023

Monthly inflation

0.41%

December 2023

The graph above shows the annual inflation rates in Indonesia for the previous 10 calendar years, from 2014. For additional years, see the historical inflation rates. To calculate cumulative rates between two different periods, you can use the Indonesia Inflation Calculator.

The current inflation rate in Indonesia is 2.62%, which is calculated based on CPI (Consumer Price Index) values for the last 12 months ending in December 2023.

In December 2023, the monthly inflation rate was 0.41.

The following table contains recent YoY (Year-over-Year) and MoM (Month-over-Month) values.

Year Measure Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2023 YoY 5.28 5.47 4.97 4.33 4.00 3.52 3.08 3.27 2.28 2.56 2.86 2.62
MoM 0.34 0.16 0.18 0.33 0.09 0.14 0.21 -0.02 0.19 0.17 0.38 0.41
2022 YoY 2.18 2.06 2.64 3.47 3.55 4.35 4.94 4.69 5.95 5.71 5.42 5.51
MoM 0.56 -0.02 0.66 0.95 0.40 0.61 0.64 -0.21 1.17 -0.11 0.09 0.66

Historical Annual Inflation Rates from 1969

The table below contains annual inflation rates in Indonesia from 1969. The 'Inflation %' column indicates how much prices have changed since the previous year.

The 5-year and 10-year columns display the rolling average of the yearly inflation. For example, the 5-year avg. on the first row indicates that between 2018 and 2023, the average inflation rate was 2.87%. These values can be useful for long-term analysis and forecasting.

You can click or tap the table’s headers to sort the information.

Year Inflation 5-year Avg. 10-year Avg.
1969 9.17 - -
1970 9.16 - -
1971 2.10 - -
1972 26.03 - -
1973 27.17 - -
1974 33.76 18.10 -
1975 19.49 19.49 -
1976 14.17 22.87 -
1977 11.94 23.90 -
1978 6.69 19.22 -
1979 20.59 14.79 16.43
1980 17.07 14.57 17.00
1981 7.36 13.08 17.87
1982 9.96 12.75 18.19
1983 12.00 13.51 16.33
1984 9.03 12.36 13.57
1985 4.43 9.70 12.11
1986 9.13 8.42 10.72
1987 9.30 8.38 10.55
1988 5.57 7.64 10.54
1989 6.08 6.85 9.57
1990 9.94 7.47 8.58
1991 9.99 8.19 8.30
1992 5.03 7.84 8.11
1993 10.17 8.16 7.90
1994 9.67 8.59 7.71
1995 8.96 8.91 8.19
1996 6.03 8.62 8.41
1997 10.32 8.36 8.10
1998 77.61 16.63 12.32
1999 1.93 19.09 13.72
2000 9.34 17.82 13.28
2001 12.54 18.58 13.49
2002 9.92 19.82 13.94
2003 5.16 10.72 13.64
2004 6.47 7.93 13.38
2005 17.08 9.31 13.48
2006 6.60 9.62 14.01
2007 6.58 8.52 14.03
2008 10.23 9.22 9.97
2009 2.78 8.87 8.40
2010 6.96 7.80 8.55
2011 3.79 6.28 7.94
2012 4.30 5.85 7.18
2013 7.72 5.11 7.15
2014 8.36 5.51 7.18
2015 3.35 5.76 6.78
2016 3.02 5.39 5.83
2017 3.61 5.29 5.57
2018 3.13 4.65 4.88
2019 2.72 3.98 4.74
2020 1.59 3.09 4.42
2021 1.87 2.70 4.04
2022 5.51 2.78 4.03
2023 2.62 2.87 3.76

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