Inflation rates in Kazakhstan
The inflation rate for consumer prices in Kazakhstan moved over the past 26 years between 5.1% and 1,877.4%. For 2020, an inflation rate of 6.7% was calculated.During the observation period from 1994 to 2020, the average inflation rate was 88.4% per year. Overall, the price increase was 53,755.79%. An item that cost 100 tenges in 1994 costs 53,855.79 tenges at the beginning of 2021.
› Inflation rates in global comparison
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Performance over the last 26 years compared with the USA
In only a few countries the price increase is that high. The Consumer Price Index (CPI) of 1,877.4% in 1994 means, that compared to the previous year all prices increased by an average of 1,877.4%. In comparison to most other countries, the drastic price increases are no longer average. Usually this is a sign of political and economic turmoil.Performance based on 100% in 1993:
Inflation calculator for Kazakhstan
Enter any amount, an initial year and an end year here. You will then be provided with the original amount after inflation. Example: 1,000 tenges in 1994 corresponds to 538,557.85 tenges at the beginning of 2021 due to inflation.Inflation rates for consumer goods in Kazakhstan
Historical inflation rates in comparison
| Year | Kazakhstan | Ø EU | Ø USA | Ø World |
|---|---|---|---|---|
| 2020 | 6.75 % | 0.50 % | 1.23 % | 1.92 % |
| 2019 | 5.25 % | 1.63 % | 1.81 % | 2.19 % |
| 2018 | 6.02 % | 1.74 % | 2.44 % | 2.44 % |
| 2017 | 7.44 % | 1.43 % | 2.13 % | 2.19 % |
| 2016 | 14.55 % | 0.18 % | 1.26 % | 1.55 % |
| 2015 | 6.67 % | -0.06 % | 0.12 % | 1.43 % |
| 2014 | 6.71 % | 0.20 % | 1.62 % | 2.35 % |
| 2013 | 5.85 % | 1.22 % | 1.46 % | 2.62 % |
| 2012 | 5.10 % | 2.66 % | 2.07 % | 3.73 % |
| 2011 | 8.42 % | 3.29 % | 3.16 % | 4.82 % |
| 2010 | 7.40 % | 1.53 % | 1.64 % | 3.35 % |
| 2009 | 7.32 % | 0.84 % | -0.36 % | 2.94 % |
| 2008 | 17.14 % | 4.16 % | 3.84 % | 8.95 % |
| 2007 | 10.85 % | 2.51 % | 2.85 % | 4.82 % |
| 2006 | 8.72 % | 2.67 % | 3.23 % | 4.28 % |
| 2005 | 7.58 % | 2.49 % | 3.39 % | 4.11 % |
| 2004 | 6.88 % | 2.29 % | 2.68 % | 3.38 % |
| 2003 | 6.44 % | 2.09 % | 2.27 % | 3.03 % |
| 2002 | 5.84 % | 2.42 % | 1.59 % | 2.83 % |
| 2001 | 8.35 % | 3.37 % | 2.83 % | 3.84 % |
| 2000 | 13.18 % | 3.15 % | 3.38 % | 3.49 % |
| 1999 | 8.30 % | 2.16 % | 2.19 % | 3.08 % |
| 1998 | 7.15 % | 2.42 % | 1.55 % | 5.11 % |
| 1997 | 17.41 % | 3.11 % | 2.34 % | 5.57 % |
| 1996 | 39.18 % | 3.56 % | 2.93 % | 6.55 % |
| 1995 | 176.16 % | 4.43 % | 2.81 % | 9.15 % |
| 1994 | 1,877.37 % | 4.72 % | 2.61 % | 10.32 % |
Data basis: International Monetary Fund, World Bank and OECD Inflation CPI indicator (doi:10.1787/eee82e6e-en)
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