Indonesia Annual Inflation Rate
Indonesia's annual inflation rate fell to 3.67% in 2023, down from 4.21% in 2022, according to World Bank. This represents a decrease of 0.54% from the previous year. Indonesia has annual inflation rate higher than the global median (3.67% vs median 3.16%). Compared with the median in Asia, Indonesia is higher (3.67% vs regional median 2.56%) and ranks 16th out of 44 countries in Asia.
Yearly Historical Data (1960-2023)
(in %)Indonesia Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Indonesia.