Statizoid

CPI base year in Canada

Canada: CPI base year was 1 in 2023. ▲ Rising

Latest (2023)
1
Change on year
unchanged
World rank
1st
of 190 countries
All-time high
1
in 2015
All-time low
0.5
in 2016
Years of data
9
2015–2023

CPI base year in Canada, 2015–2023

00.20.40.60.812015201920232015: 12016: 0.52017: 0.52018: 0.52019: 12020: 0.52021: 12022: 12023: 1

Source: Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).

Analysis

Canada recorded 1 for cpi base year in 2023. That is the highest value across all 9 years on record.

The figure is unchanged over ten years.

Over the whole period, cpi base year in Canada peaked at 1 in 2015 and was at its lowest, 0.5, in 2016.

That places Canada 1st out of 190 countries with data for 2023, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2010s 0.7 0.5 1 5
2020s 0.875 0.5 1 4

Countries ranked near Canada

  1. 1 Armenia 1 compare
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See the full ranking of 192 places →

More reference data data for Canada

All data for Canada →

Frequently asked questions

What is cpi base year in Canada?
Cpi base year in Canada was 1 in 2023, according to Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators).
What is the highest cpi base year recorded in Canada?
The highest recorded value was 1 in 2015.
What is the lowest cpi base year recorded in Canada?
The lowest recorded value was 0.5 in 2016.
How does Canada rank for cpi base year?
Canada ranks 1st out of 190 countries with data for 2023.
Is cpi base year rising or falling in Canada?
Over the last ten years it is unchanged. The long-run trend across the full record is rising.
Where does this Canada data come from?
The figures come from Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators), published as part of CPI base year. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
CPI base year
Source
Statistical Performance Indicators, The World Bank (https://datacatalog.worldbank.org/dataset/statistical-performance-indicators)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
192 places, 1,726 data points, 2015–2023
Last refreshed

Consumer Price Index serves as indicators of inflation and reflects changes in the cost of acquiring a fixed basket of goods and services by the average consumer. Weights are usually derived from consumer expenditure surveys and the CPI base year refers to the year the weights were derived. It is recommended that the base year be changed periodically to reflect changes in expenditure structure.