Inflation Calculator

See how purchasing power has changed over time

Try These Examples
Click any example to see how inflation has affected different amounts
Calculate Inflation Impact
2000
195019872024
Inflation Impact
$1,000 in 2000 equals
$1,926
in 2025
+92.6%
Price increase
-48.1%
Purchasing power lost

Your $1,000 from 2000 lost 48.1% of its purchasing power by 2025.

Purchasing Power Over Time
$1,000 purchasing power decline over time
Inflation Rates (2000-2025)
Annual inflation rates for your selected period
Historical Context
Major events that influenced Australian inflation

Korean War (1950-1953)

Inflation surged to 23.7% in 1952 during the Korean War - the highest on record.

1970s Oil Crisis

Inflation peaked at 17.6% in 1975 due to oil price shocks and wage pressures.

1990s Recession

The "recession we had to have" brought inflation down from 7%+ to under 2%.

GST Introduction (2000)

The GST caused a one-off spike to 4.5% inflation before settling back down.

Global Financial Crisis (2008)

Initially pushed inflation up, then brought it down as the economy slowed.

COVID-19 (2020-2021)

Pandemic disruptions caused volatility, followed by supply chain inflation.

Recent Years (2022-2024)

Post-pandemic inflation surge led to RBA interest rate increases.