Rapidly calculate how the buying power of Canadian dollar has changed over time from year 1914 to present.
How to Calculate the Canada Inflation Rate
Calculates the equivalent value of the Canada dollar (CAD) in any year from 1914 to present. Calculations are based on average CPI. This inflation calculator uses the following formula to calcualte the Canada inflation rate.
Inflation Rate = ( CPI2 - CPI1 )CPI1 × 100
Where,
CPI - consumer price index.
CPI2 - The consumer price index in the second period.
CPI1 - The consumer price index in the previous period.
This Calculator uses monthly consumer price index data from 1914 to the present to show changes in the cost of a fixed basket of consumer purchases.
Canada Consumer Price Index (CPI) Table
The below table provides average CPI from 1914
Year
CPI
2023
157.1
2022
151.2
2021
141.6
2020
137.0
2019
136.0
2018
133.4
2017
130.4
2016
128.4
2015
126.6
2014
125.2
2013
122.8
2012
121.7
2011
119.9
2010
116.5
2009
114.4
2008
114.1
2007
111.5
2006
109.1
2005
107
2004
104.7
2003
102.8
2002
100
2001
97.8
2000
95.4
1999
92.9
1998
91.3
1997
90.4
1996
88.9
1995
87.6
1994
85.7
1993
85.6
1992
84
1991
82.8
1990
78.4
1989
74.8
1988
71.2
1987
68.5
1986
65.6
1985
63
1984
60.6
1983
58.1
1982
54.9
1981
49.5
1980
44
1979
40
1978
36.6
1977
33.6
1976
31.1
1975
29
1974
26.2
1973
23.6
1972
21.9
1971
20.9
1970
20.3
1969
19.7
1968
18.8
1967
18.1
1966
17.5
1965
16.8
1964
16.4
1963
16.1
1962
15.9
1961
15.7
1960
15.5
1959
15.3
1958
15.2
1957
14.8
1956
14.3
1955
14.1
1954
14.1
1953
14
1952
14.2
1951
13.8
1950
12.5
1949
12.2
1948
11.8
1947
10.3
1946
9.4
1945
9.2
1944
9.1
1943
9
1942
8.8
1941
8.5
1940
8
1939
7.7
1938
7.7
1937
7.7
1936
7.4
1935
7.3
1934
7.2
1933
7.1
1932
7.5
1931
8.2
1930
9.1
1929
9.2
1928
9.1
1927
9.1
1926
9.2
1925
9.1
1924
9
1923
9.2
1922
9.2
1921
10
1920
11.4
1919
9.8
1918
8.9
1917
7.9
1916
6.7
1915
6.1
1914
6
Last updated on 23/03/2024
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Canada Inflation Calculator
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