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Pakistan Annual Inflation Rate

Pakistan's annual inflation rate fell to 12.63% in 2024, down from 30.77% in 2023, according to World Bank. This represents a decrease of 18.14% from the previous year. Pakistan has annual inflation rate higher than the global median (12.63% vs median 3.16%). Compared with the median in Asia, Pakistan is higher (12.63% vs regional median 2.56%) and ranks 6th out of 44 countries in Asia.

Yearly Historical Data (1960-2024)

(in %)
Year Annual Inflation Rate (%)
2024 12.63%
2023 30.77%
2022 19.87%
2021 9.5%
2020 9.74%
2019 10.58%
2018 5.08%
2017 4.09%
2016 3.77%
2015 2.53%
2014 7.19%
2013 7.69%
2012 9.68%
2011 11.92%
2010 12.94%
2009 13.65%
2008 20.29%
2007 7.6%
2006 7.92%
2005 9.06%
2004 7.44%
2003 2.91%
2002 3.29%
2001 3.15%
2000 4.37%
1999 4.14%
1998 6.23%
1997 11.38%
1996 10.37%
1995 12.34%
1994 12.37%
1993 9.97%
1992 9.51%
1991 11.79%
1990 9.05%
1989 7.84%
1988 8.84%
1987 4.68%
1986 3.51%
1985 5.61%
1984 6.09%
1983 6.36%
1982 5.9%
1981 11.88%
1980 11.94%
1979 8.27%
1978 6.14%
1977 10.13%
1976 7.16%
1975 20.9%
1974 26.66%
1973 23.07%
1972 5.18%
1971 4.73%
1970 5.35%
1969 3.19%
1968 0.17%
1967 6.81%
1966 7.23%
1965 5.57%
1964 4.18%
1963 1.46%
1962 -0.52%
1961 1.64%
1960 6.95%
Pakistan Annual Inflation Rate : Definition
Annual Inflation Rate measures the yearly percentage increase in consumer prices in Pakistan.